PM set to dedicate 2 key MRPL projects to nation

30 Aug 2022 CW Team

Prime Minister Narendra Modi will dedicate MRPL’s two landmark projects to the nation this week. These projects are a BS-VI upgradation project, executed at a cost of Rs 18.29 billion inside the MRPL premises, and a 30 million litres per day desalination plant, executed at a cost of Rs 6.77 billion, on 14.5 acres at Tannirbhavi Beach.

The BS-VI upgradation project of MRPL is crucial for meeting India’s environmental targets. The project is for producing ultra-pure BS-VI grade fuel, with sulphur content of less than 10 parts per million (PPM). As part of this project, ONGC MRPL has set up a new FCCU gasoline treatment unit, a sulphur recovery unit and a nitrogen plant. The consultant for the project was Engineers India Ltd (EIL). The entire system is in operation, producing environment-friendly BS-VI fuels.

The desalination plant has a capacity of 30 million litres per day and the capacity can be enhanced to 70 MLD. The plant converts seawater into the water required for the refinery processes. The plant runs on seawater reverse osmosis technology.

The consultant for the project is Fichtner Consulting Engineers (India) Pvt Ltd. The plant is now fully functional. Availability of desalinated water ensures the smooth running of the refinery throughout the year, said a release.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..