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Apr 01, 2025
News Project
US-based investment management firm Vanguard has announced plans to establish a Global Capability Centre (GCC) in Hyderabad as part of its global expansion strategy.
Managing assets worth $10 trillion and serving over 50 million investors worldwide, Vanguard will officially inaugurate its Hyderabad office later this year. The new facility is expected to employ 2,300 professionals over the next four years.
The decision was finalized following a meeting between a Vanguard delegation, led by CEO Salim Ramji, and Telangana Chief Minister A Revanth Reddy, along with top state officials.
Vanguard executives stated that the company will immediately begin recruiting engineers specializing in artificial intelligence, data analytics, and mobile engineering for its Hyderabad operations.
“Vanguard’s office in India marks a significant milestone in its global expansion, building on a decade of collaboration with third-party partners. This move will allow the company to directly access talent and enhance its technology workforce globally,” a Telangana government statement said on Monday.
The Hyderabad GCC is set to become an innovation hub, supporting Vanguard’s IT mission, AI strategy, data analytics capabilities, and mobile-first initiatives, further strengthening the firm’s technological edge.
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News Project
Jica Extends ₹3,065 Crore Oda Loan For Chennai'S Second Seawater Desalination Plant.Japan International Cooperation Agency (JICA) has signed a loan agreement worth 52,556 million Japanese Yen (approximately ₹3,065 crore) to support the construction of the Chennai Seawater Desalination Plant (II) in Tamil Nadu. The Official Development Assistance (ODA) agreement was signed by Manisha Sinha, Additional Secretary, Department of Economic Affairs, Ministry of Finance, and TAKEUCHI Takuro, Chief Representative of JICA India.
The project includes the construction of a 400 MLD desalination plant along with water transmission and distribution infrastructure such as pumping stations, reservoirs, and pipelines. It also covers consulting services for design, construction supervision, operational management support, and public awareness initiatives.
The Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) is responsible for executing the project, which aims to bolster Chennai’s water supply infrastructure to meet the growing demand. With a current population of approximately 8.69 million (as per the 2011 census), the Chennai Metropolitan Area is expected to exceed 15 million by 2035, further straining existing water resources. The city’s water demand already surpasses 1,400 million litres per day (MLD), creating a supply gap that affects both residents and industries, including over 360 Japanese companies operating in the region.
Given Chennai’s limited surface and groundwater availability, seawater desalination has been prioritized as a stable and sustainable solution to secure long-term water supply. The project is expected to improve water availability, enhance living conditions, and create a more attractive investment environment in the region.
Takuro, Chief Representative of the JICA India Office, emphasized JICA’s commitment to supporting Chennai’s efforts to establish a resilient and sustainable water supply system. “Chennai has long faced challenges in securing sustainable water sources due to rapid urbanization and climate-related factors. Through this project, JICA is committed to supporting the city’s efforts to ensure a better quality of life for residents and a more favorable business environment,” he said.
This initiative aligns with previous and ongoing international aid efforts, including the Asian Development Bank’s Tamil Nadu Urban Flagship Investment Program and the World Bank’s Chennai City Partnership Program, both of which focus on enhancing urban water infrastructure.water
28 March 2025
NS ENERGY
Mustang Energy Receives Exploration Permit For The Dutton Uranium Project, SaskatchewanMustang Energy Corp. (CSE: MEC, OTC:MECPF, FRA:92T) (the “Company” or “Mustang”) is pleased to announce that it has received exploration permits from the Government of Saskatchewan, allowing for ground-based exploration activities at the Dutton Uranium Project (the “Dutton Project”) in the Athabasca Basin, Saskatchewan.
The approved permits are valid from April 1, 2025 to March 31, 2028 and authorize the Company to carry out mineral exploration activities such as trail construction, line-cutting, ground geophysical surveys, and diamond drilling. Mustang recently completed an Xcite TDEM survey over a portion of the Dutton project and are currently awaiting results. The Company looks to initiate further exploration activities aimed at further assessing the viability of the Dutton Project.
As part of the permit conditions, Mustang will continue to engage with local communities to address any ongoing concerns and ensure sustainable project implementation. Mustang currently holds an Exploration Agreement with English River First Nation. Consultation and environmental stewardship remains a priority, with specific measures to minimize disturbance and support reclamation efforts.
Nick Luksha, CEO, commented: “Securing these exploration permits is another step forward for the Company as we continue to advance our projects in this highly prospective region. This furthers our commitment to unlocking the property’s full potential through systematic exploration. We look forward to commencing our field programs and generating valuable data to guide future work.”
Give your business an edge with our leading industry insights.water
28 March 2025
News Project
Welspun Michigan Engineers Wins Contract To Upgrade Haji Ali Storm Water Pumping Station In Mumbai.Welspun Michigan Engineers Limited (WMEL), a subsidiary of Welspun Enterprises Limited (WEL), in partnership with Aaradhyaa & Co (WMEL-ANC JV), has secured a ₹328.12 crore contract from the Brihanmumbai Municipal Corporation (BMC) to upgrade the Haji Ali Storm Water Pumping Station in Mumbai’s G/S Ward. WMEL holds a 75% stake in the joint venture.
The project includes comprehensive mechanical, electrical, instrumentation, and automation upgrades, along with civil repair work. It is set to be completed within 18 months, excluding monsoons, followed by a 15-year operations and maintenance (O&M) phase.
This is one of WMEL’s largest contracts in the pumping station segment and follows its recent contract win in February 2025 for the Mogra Storm Water Pumping Station in Mumbai’s K/W Ward.
As of February 28, 2025, WMEL’s order book stood at ₹2,706.87 crore (excluding GST). With the addition of ₹208.55 crore (75% of the new contract’s value, excluding GST), the company’s total outstanding order book now reaches ₹2,915.42 crore.
Commenting on the milestone, WMEL Managing Director Saurin Patel stated, “The Haji Ali Storm Water Pumping Station is a critical infrastructure project that will provide significant relief to flood-prone areas in South and Central Mumbai while strengthening the city’s drainage system. This new order reinforces WMEL’s commitment to sustainable water management solutions and underscores our expertise in urban infrastructure development.”water
26 March 2025
News Project
Imagicaaworld Launches New Water Park In Indore.ImagicaaWorld Entertainment Limited has launched its latest water park, Aqua Imagicaa, in Indore, Madhya Pradesh, marking a significant expansion into central India. The 18-acre facility, situated just 20 minutes from Indore and Ujjain, boasts 20 water rides and attractions, catering to families and tourists alike.
This is the second Aqua Imagicaa-branded water park, following the 2023 launch in Surat, Gujarat. With this addition, the company now operates five water parks and a total of eight entertainment parks across India.
“This expansion increases our park count to eight and brings us closer to our consumers,” said Jai Malpani, Managing Director of ImagicaaWorld Entertainment Limited. He also revealed the company’s ambitious plans to open one new park every year, reinforcing its commitment to growth in the entertainment sector.
Marketed as the largest water park in Madhya Pradesh, the Indore facility is managed by Malpani Parks Indore Private Limited, a wholly owned subsidiary of ImagicaaWorld.
ImagicaaWorld Entertainment Limited operates a diverse portfolio of theme and water parks across India, including Imagicaa, WetnJoy, SaiTeerth, and multiple Aqua Imagicaa locations. With a focus on delivering immersive experiences, the company continues to expand its reach, offering exciting entertainment options for visitors nationwide.water
26 March 2025
WATER PLANT TECHNOLOGY
Veolia Supports Petstar’S Water Neutrality Milestone In Mexico, Marking 30 Years Of Eco-LeadershipAsk For More Information…water
26 March 2025
Construction Week
Carlton Al Moaibed: The Rise Of Hospitality In KhobarAl Khobar’s skyline is subtly redrawing itself, trading industrial silhouettes for the elegant lines of design-led hotels. This isn’t mere gentrification; it’s a considered evolution, a response to a discerning global traveller now casting their gaze eastwards. Saudi Arabia’s Vision 2030 is not just a blueprint; it’s a catalyst, transforming urban landscapes and aspirations alike.
For dwp, this evolution has been a compelling canvas. We understand the delicate dance between heritage and aspiration, between authenticity and international standards. This is precisely what drew us to the 5 Star Carlton Al Moaibed Hotel, now part of the Vignette Collection by IHG, a name whispered with respect in Khobar for generations. A family-owned institution, they envisioned not just a hotel, but a landmark – a quiet statement of Khobar’s burgeoning sophistication.
The Carlton Al Moaibed project became a study in considered design. Working in close collaboration with the family, dwp crafted a spatial narrative that speaks of understated luxury and discreet charm. Materials were selected for their tactile quality and timeless appeal. Spaces were conceived for flow and intuitive experience. The result? A hotel that feels both grounded in its location and effortlessly international in its appeal.
The Carlton Al Moaibed isn’t merely a hotel; it’s a quiet harbinger. It signals Khobar’s readiness for a new chapter, one defined by curated experiences and considered aesthetics. It’s a testament to the power of design to shape not just buildings, but perceptions. Al Khobar’s next chapter is being written in light and space, and dwp is poised to interpret the script.water
24 March 2025
Construction Week
Reportage Ksa Records Sar 350 Million In 2024 SalesReportage KSA, a leading real estate developer in Saudi Arabia, announced total sales exceeding $93 mn (SAR350 mn) in 2024, a new proof the success to their expansion strategy in the Saudi market.
“We continued to achieve outstanding performance over the past year, reflected in increased sales. This confirms our ability to keep pace with market changes and launch new projects that meet the needs of a diverse customer base,” said Islam Hammam, CEO of Reportage KSA.
Hammam revealed the company’s strategic expansion plan for 2025, which includes the launch of more than 7 new projects in Riyadh, in addition to expanding in Jeddah, in line with the growing demand for modern and integrated residential communities.
He pointed out that the company aims to increase the scope of works across the kingdom. They announced opening a new branch in Jeddah at the Hilton Hotel, a move that will support their expansion of operations and directly provide services to customers in the Western Region.
As part of the company’s vision to develop sustainable residential communities, Hammam noted that works on the “Najd Residential” series of projects are done as scheduled. They began with Najd 1 and 2 and on the way to expand to Najd 3, 4, and 5.
Reportage KSA intend to provide an integrated residential environment that combines sophistication and sustainability, with a blend of modernity and authenticity, enhancing the modern housing experience in the kingdom.
Estimations tell that Saudi Arabia will need to build 115,000 homes annually over the next six years to meet the growing demand from the population, the majority of which is young. Meanwhile, the government seeks to increase home ownership rates, according to a report issued by the real estate consultancy, “Knight Frank”.water
24 March 2025
Utilites Middle East
Responsible Water Management Has Never Been More EssentialWater is the crucial link between the climate system, human society and the environment. As we mark World Water Day, it is a reminder of the importance of taking action for water conservation. With global water challenges on the rise, responsible water management has never been more essential.
Driving UAE’s sustainable vision, the country continuously supports global efforts towards water security and conservation. Initiatives such as the Mohamed bin Zayed Water Initiative and the UAE Water Security Strategy 2036 are essential in encouraging corporations to work together to achieve our shared goal. Corporations need to inspire action by taking action and staying true to a solid sustainability strategy.
At GMG, we pride ourselves on embracing sustainability as a journey, not a destination. Our ‘Planet Forward’ pillar aims at ensuring the company’s actions are geared towards building a better planet for everyone by tackling energy, waste disposal, recycling and water management.
The UAE Water Security Strategy 2036 presents a long-term strategy that aims to ensure sustainable water supplies to meet the needs of the community and the economic prosperity of the UAE. To aid this goal and the community, GMG strives to reduce pressure on freshwater resources and is committed to investing in solutions that reduce water scarcity. With the participation of all entities and authorities, we can effectively create real change, aiding both water security and the UAE’s strategy.
In alignment with the UAE’s Water Security Strategy 2036 and GMG’s commitment to sustainability, GMG has made remarkable strides in wastewater treatment and water conservation. In 2023, GMG established advanced wastewater treatment plants at Dubai Industrial Park (DIP) and Jebel Ali Free Zone (JAFZA), reinforcing GMG’s commitment to sustainable water usage and environmental conservation.
Over the past year, GMG’s logistics arm, “Trilogi” has treated approximately 9.8 million imperial gallons of wastewater, marking a 37.4% increase compared to the previous year. This treated water has been effectively utilised for irrigation, including the irrigation of 1,300 Ghaf trees using recycled water from our Mega DC facility. We commit to recycling all our wastewater and achieving 100% water circularity within our business operations.
Additionally, GMG has introduced water-saving upgrades across its operations, including sensor-activated systems and enhanced water management practices in its factories, warehouses, and retail stores.water
24 March 2025
News Project
Dee Development Engineers Invests $2.4 Million In Thai Subsidiary For Expansion.DEE Development Engineers Limited has announced a $2.4 million investment in its wholly owned subsidiary, DEE Piping Systems (Thailand) Co. Ltd., to support debt repayment and strengthen its financial position.
The investment will be executed through the acquisition of 16,161,616 equity shares, representing a 24.51% stake in the Thai unit’s existing paid-up equity share capital. Following this transaction, DEE Development Engineers will continue to hold 100% ownership, with a total stake of 82,092,974 equity shares of THB 5 each.
Founded in October 2014, DEE Piping Systems (Thailand) specializes in fabricating pipe spools and components for industrial piping systems. Despite achieving a turnover of ₹8,239.01 lakh ($9.5 million) in FY 2023-24, the subsidiary reported a net loss of ₹433.48 lakh, with a negative net worth of ₹1,181.04 lakh as of March 31, 2024.
However, the company has demonstrated steady revenue growth, with turnover rising from ₹4,098.39 lakh in 2021-22 to ₹6,410.78 lakh in 2022-23 before reaching its current levels. The latest capital infusion is expected to help stabilize its financial health and support future growth.water
22 March 2025
News Project
Bharat Biotech Launches $75 Million Cell And Gene Therapy, Viral Production Facility In Hyderabad.Bharat Biotech International Ltd (BBIL) has established India’s first vertically integrated, purpose-built Cell & Gene Therapy (C>) and Viral Vector Production facility at Genome Valley, Hyderabad, with an investment of $75 million.
The new facility marks Bharat Biotech’s expansion beyond vaccines into cutting-edge regenerative and personalized therapies. “With this, we are moving beyond vaccine innovation to pioneering advanced therapies that offer hope to millions,” said Krishan Ella, Executive Chairman of Bharat Biotech, at the facility’s inauguration. He emphasized the need for a conducive regulatory framework to foster research and innovation in the segment.
According to Raches Ella, Chief Development Officer leading the CGT initiative, the facility is designed to produce high-titer viral vectors—AAV, Lentivirus, and Adenovirus—critical for cell and gene therapy applications. These vectors play a key role in treating cancer, genetic disorders, and other life-threatening diseases. Additionally, the facility has the capability to manufacture platform products targeting blood cancers, solid tumors, and rare genetic conditions.
The high cost of cell and gene therapies, currently around ₹50 lakh per treatment, is expected to reduce with indigenous production, making these therapies more accessible. Bharat Biotech has five pipeline products—two in cell culture and three in gene therapy—with the first expected to launch upon successful clinical trials and regulatory approvals.
The company has also partnered with the University of Wisconsin-Madison for research collaboration, which could expand into commercial agreements, including in-licensing. Bharat Biotech is also exploring export potential and opportunities in medical tourism for its advanced therapies.
Oncology and rare disease treatments will be key focus areas, with the facility supporting next-generation therapies like CD19 CAR T-cell therapy for blood cancers and gene therapy for inherited disorders. Scientist Krishanu Saha from the University of Wisconsin-Madison highlighted the role of AI-driven innovation in developing next-generation CAR cell therapies, which could revolutionize patient care worldwide.
Spanning 50,000 sq ft, the state-of-the-art CGT facility is GMP-certified and equipped with a clean room setup, positioning Bharat Biotech at the forefront of advanced medical treatments. By addressing critical unmet clinical needs, the company aims to drive innovation in the global cell and gene therapy landscape.water
21 March 2025News Project
Hatsun Agro Marks Milestone With 4,000Th Retail Outlet In Andhra Pradesh.Chennai-based Hatsun Agro Product Ltd, India’s leading private dairy company, has reached a major milestone with the inauguration of its 4,000th HAP Daily outlet in Bhimavaram, Andhra Pradesh.
As part of its retail expansion strategy, HAP Daily exclusive stores offer a wide range of products under brands like Arun Icecreams, Arokya, Hatsun, and Hanobar. These outlets retail ice creams, fresh milk, curd, buttermilk, paneer, yoghurt, juices, chocolates, and butter. Additionally, they serve as distribution points for nearby retail stores, enhancing product availability and expanding brand reach.
“We aim to continue expanding our footprint, strengthening our distribution network, and enhancing customer experience through such modern retail formats,” said RG Chandramogan, Chairman, Hatsun Agro Product Ltd.
Arun Icecreams, a key brand under Hatsun Agro, is distributed across India through HAP Daily stores and exported to six countries, including Singapore, Seychelles, Maldives, Brunei, UAE (Ajman), and Mauritius.
Hatsun Agro is further expanding its retail network across Maharashtra, Kerala, Odisha, Madhya Pradesh, Bihar, Jharkhand, Chhattisgarh, Gujarat, and the Andaman & Nicobar Islands, while also deepening its presence in Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Puducherry, and Goa.water
20 March 2025WATER PLANT TECHNOLOGY
Gradiant And Archroma Partner To Advance Water Circularity In ThailandAsk For More Information…water
20 March 2025WATER PLANT TECHNOLOGY
Veolia And Siaap Open New Wastewater Treatment Unit At Seine AvalAsk For More Information…water
20 March 2025Construction Week
Miral Partners With Kfed For The 4Th Edition Of Waterfront Nights At Yas Bay WaterfrontMiral continues its collaboration with the Khalifa Fund for Enterprise Development (KFED) to support local entrepreneurs in the fourth edition of Waterfront Nights at Yas Bay Waterfront. The Ramadan market will run until April 1 and feature 26 local brands, 22 of which are supported by KFED.
As part of this strong partnership, Mohamed Abdalla Al Zaabi, Group CEO of Miral, and Mouza Al Nasri, Acting CEO of the Khalifa Fund for Enterprise Development, visited Waterfront Nights to support the entrepreneurs and learn more about their local businesses and products.
“We are proud of our long-standing partnership with the Khalifa Fund for Enterprise Development, which continues to empower Emirati entrepreneurs by providing them with opportunities to showcase their exceptional products and services,” said Mohamed Abdalla Al Zaabi, Group CEO of Miral.
Mouza Al Nasri, Acting CEO of Khalifa Fund for Enterprise Development, also added, “We hope that this partnership will have a positive economic impact that enhances the competitiveness of national businesses and reflects the innovation and creativity of Emirati entrepreneurs.”
The fourth edition of Waterfront Nights is free to enter and offers a bigger and more vibrant experience. The event also features free workshops, family-friendly activities, entertainment, and a variety of food stalls offering local and international favourites.
The Khalifa Fund for Enterprise Development is a non-profit organisation established by the Abu Dhabi Government to foster entrepreneurship. Its mission is to develop and enhance the culture of entrepreneurship, encourage innovation, and provide support through a balanced ecosystem for small and medium-sized enterprises in the UAE. The Fund also offers Emirati entrepreneurs and business owners access to markets, resources, mentorship, and funding.water
20 March 2025WATER NEWS EUROPE
Wastewater Treatment: The Growing Demand For Decentralized Stps And Plug & Play Solutions– Sponsored Story –
Sigmadaf, a manufacturer of decentralized Sewage Treatment Plants (STPs), has experienced explosive growth over the past five years. In the wastewater treatment market, there is an increasing demand for decentralized STPs and Plug & Play solutions. “More and more clients are looking for systems that do not require extensive infrastructure or depend on scarce skilled labour. Because we control the entire production chain, we can also guarantee fast delivery of our STPs,” says Oscar Mallola, Export Manager at Sigmadaf.
The Sigma Group was founded nearly 30 years ago and consists of three divisions. Aquasigma, which provides turn-key solutions for industrial wastewater treatment (1). Sigma Biodigestech which offers solutions for the treatment and valorisation of digestate generated by biodigestion plants on livestock farms (2). And Sigmadaf, which manufactures a complete range of Dissolved Air Flotation (DAF), decentralized STPs (MBR) and filter presses (3). Sigmadaf began its operations in 1994 in Girona, Spain. Since then, the company has built hundreds of DAF-installations across a wide range of industrial sectors on all five continents. Today, Sigma Group operates from three manufacturing locations in Girona, and there is a new 5000m2 facility under construction where its STPs are produced.
“We are working hard to build a solid reputation. The key to achieving this is delivering high-quality products and providing reliable after-sales support. We believe that after-sales service is just as important as the sale itself. Our motto is: ‘Any unit we sell must be the right unit,'” explains Oscar Mallola. Because of its strong focus on after-sales service, Sigmadaf has established several offices worldwide. “Fifteen years ago, we opened an office in Mexico with its own technical staff, all of whom are trained in Girona. A locally based office allows us to provide better guarantees and faster support, which in turn gives our clients more confidence.”
A few years ago, Sigmadaf’s Plug & Play solutions were primarily used for treating sewage from workers in agricultural projects or mining locations. “Most of our clients used our Sewage Treatment Plants for three years before relocating them to another site. Our decentralized STPs can treat wastewater for populations ranging from 200 to 1,000 people. Now, we are seeing increased demand from hotels and apartment complexes. In the USA there is a growing market for temporary sewage treatment for newly built apartments until permanent infrastructure is established.”
Sigmadaf’s STPs are shipped to clients worldwide. “Our stainless-steel units are smaller than a shipping container, which keeps transportation costs relatively low. We use high-quality membranes to prevent saturation. Some clients are unaware of the significant differences between high-quality and cheaper membranes. Replacing membranes can be costly, reduce the operational lifespan of the unit, and lead to unwanted environmental wastewater discharges. We make it a priority to educate our clients on how our technology stands out from that of our competitors. In the past, we noticed that some clients simply opted for the lowest price. This was partly because wastewater treatment was seen as a cost with no return. However, due to drought and water scarcity we are now seeing a shift in this mindset. More and more industrial clients are willing to reuse wastewater.”
Sigmadaf has a strong presence in Australia, where it sells a significant number of STPs. “Our clients there appreciate our product quality and guarantees. We primarily sell Membrane Bioreactors (MBR) because they are ideal for Plug & Play solutions. We also manufacture Moving Bed Biofilm Reactors (MBBR), but this is a completely different technology. Some clients visit our manufacturing facilities in Girona to see firsthand how our units are produced. Observing our complete control over the production chain reassures them of our ability to guarantee delivery times. This assurance is becoming increasingly important, especially given the current shortage of skilled welders and plumbers. By choosing our Plug & Play solutions, clients eliminate the need to find skilled labour themselves, and they can simply order the units they require.”
Building a Sewage Treatment Plant for clients begins with defining objectives. “Our clients specify the required effluent parameters, and we deliver a system that meets those specifications. Without clear parameters, we do not proceed with sales.” Over the past five years, Sigmadaf has seen rapid expansion, with its workforce growing from five to 50 employees. “Our growth strategy is centred on human resources,” says Mallola. “Taking on too much work would compromise product quality and a good workplace atmosphere. We have worked hard to build our reputation, and we are mindful of our limits. We are not getting too big for our boots; we know what we can handle.”water
20 March 2025News Project
Ramkrishna Forgings To Double Steel Casting Capacity By 1.2 Lakh Tonnes By 2025.Kolkata-based Ramkrishna Forgings Limited (RKFL) is set to double its steel casting capacity to 1,20,000 tonnes per year by 2025, expanding its footprint across multiple industries. The company currently operates with an annual capacity of 60,000 tonnes across 16 plants in Jharkhand and aims to achieve its target through strategic investments and acquisitions.
RKFL, which began exporting in 2010, now generates 60% of its revenue from international sales, with North America being its largest market. Its global client base includes Volvo, Mack Trucks, Iveco, DAF, Scania, MAN, UD Trucks, and Ford Otosan. The company has also expanded its product portfolio from 35 to 69 categories and diversified from two to five verticals.
In a significant development, RKFL recently secured a contract with a major US-based EV manufacturer, reinforcing India's role in the global supply chain amid the shift towards the 'China plus one' strategy.water
19 March 2025Construction Week
Drake & Scull: Passavant Wins Contract For Water Treatment Plant In IndiaPassavant Energy & Environment Ltd. , a subsidiary of Drake and Scull International PJSC, announced it has been awarded a major contract by Maharashtra Industrial Township Limited (MITL) for the design, procurement, construction, testing, and commissioning of a 70 million litres per day (MLD) water treatment plant and laying of a 900 mm diameter water pipeline in AURIC Bidkin Industrial Area in Maharashtra, India. The project also includes operation and maintenance (O&M) for 10 years.
The contract, valued at approximately $46 mn (AED169 mn) was awarded through a competitive tender process and the company has received the official Letter of Award (LoA).
“We are honoured to be selected by MITL for this prestigious project,” said Mr. Muin El Saleh, CEO of Drake and Scull International PJSC. “This contract is a testament to our expertise and experience in delivering high-quality water treatment solutions. We look forward to working closely with all stakeholders to ensure the successful completion and long-term operation of this facility.”
The project scope includes the complete design, engineering, procurement, construction, installation, testing, and commissioning of the water treatment plant and pipeline, as well as 10 years of operation and maintenance. The project is scheduled to be completed within 36 months from the issuance of the LoA.
El Saleh also expressed his appreciation for the Passavant team, stating, “I would like to extend my gratitude to the Passavant team for their dedication and expertise in securing this significant project. Their proven capabilities in water and wastewater treatment, infrastructure development, and sustainable engineering solutions continue to strengthen our position as a leading provider of environmental and infrastructure solutions.”water
19 March 2025NS ENERGY
Jadestone Energy: Submission Of Field Development Plan For Vietnam AssetsJadestone Energy plc (AIM:JSE) (the “Company” and together with its subsidiaries, “Jadestone” or the “Group”), an independent upstream production and development company focused on the Asia-Pacific region, announces that it has submitted a field development plan (“FDP”) for the Nam Du/U Minh (“NDUM”) discoveries offshore southwest Vietnam to Petrovietnam, commencing the regulatory approval process.
The FDP sets out a phased development concept for NDUM, which is based on unmanned wellhead platforms at each of the Nam Du and U Minh fields tied back to an FPSO, with processed gas exported onshore through a 34 km pipeline tied into an existing trunkline to the Ca Mau industrial complex in southwest Vietnam. The first phase of the FDP envisages the Nam Du field initially being brought onstream, accelerating first gas to Vietnam and revenues to Jadestone to help fund the development of U Minh production in the second phase. The FDP contemplates drilling two wells from each platform to support a plateau rate of 80MMscf/d. Following receipt of Petrovietnam’s endorsement, the FDP will be considered for approval by the Ministry of Industry and Trade.
The next steps in the development process include finalising the gas sales agreement, which is well advanced with the gas buyer, to formalise the heads of terms agreed in January 2024. A financing plan, which could involve bringing in development partners, would be progressed in parallel with major contract tenders (including the EPCI contract and FPSO), with both finalised prior to project FID and any significant expenditure.
The Nam Du and U Minh fields are located offshore southwest Vietnam in shallow waters of 50-60 meters. The fields are located on the Block 46/07 and Block 51 PSCs respectively, which Jadestone operates with 100% working interests. Nam Du and U Minh have been independently assessed to contain gross aggregate 2C resources of 171.3 Bscf of gas and 1.6 MMbbls of liquids.
Adel Chaouch, Executive Chairman of Jadestone, commented:
“Our Vietnam gas assets are fundamental to Jadestone’s investment case and are central to our strategic aim of being the leading Asia-Pacific upstream independent. Development of the discovered resource base will drive significant organic growth and value creation for our shareholders, with further material upside possible from additional prospects and leads across our licence position.
Submission of an FDP is therefore a major milestone in the commercialization of the Nam Du/U Minh discoveries and demonstrates real momentum in our engagement with the Vietnam government. The development of Nam Du/U Minh would be a win-win for both Jadestone and Vietnam, delivering affordable gas supplies with a lower GHG intensity to the southwest of the country, creating and sustaining jobs and economic benefits.”
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18 March 2025News Project
Ntt Data India To Invest $500 Million In Ai Platforms, Data Centers, And Sovereign Cloud.NTT Data India has announced a $500 million investment over the next 12-18 months to accelerate AI platform development, expand data center capacity, enhance sub-sea cable infrastructure, and address the financial sector’s demand for sovereign cloud solutions.
The company has already invested around $3 billion in India since 2007 through data center development and acquisitions. “A major portion of this new investment will go into data centers, but we are also focused on building campuses, expanding our workforce, and upgrading our innovation center in Bengaluru,” said Avinash Joshi, CEO of NTT Data India. He added that financial institutions increasingly require on-premises sovereign cloud solutions for data security and compliance.
India currently hosts 16 NTT data center campuses, with three new locations set to open in Kolkata, Bengaluru, and Navi Mumbai. The company’s total installed capacity of 290 MW for IT facilities will expand by an additional 210 MW over the next two to three years.
On submarine cable infrastructure, NTT Data is set to commission an expansion of its Malaysia, India, Singapore Transit (MIST) submarine cable system by June 2025. Spanning 8,100 km, the cable can carry over 200 terabits per second (Tbps), connecting Malaysia, India, Singapore, and Thailand. Joshi emphasized the increasing importance of undersea cables in AI and data center connectivity, stating, “Right now, there is no more efficient technology than sea cables for intercontinental connectivity.”
As part of its innovation drive, NTT Data is upgrading its Bengaluru innovation center to focus on AI, digital twin, and quantum computing projects. The company is also advancing its Innovative Optical and Wireless Network (IOWN), an All-Photonics Network (APN) technology aimed at interconnecting data centers in the Mumbai region. Expected to be available globally by 2030, IOWN will enable high-performance data transmission at lower costs.
Akira Shimada, President and CEO of NTT, emphasized India’s strategic role in the company’s global plans, ranking among its top 10 revenue-generating markets, with expectations to enter the top five soon.
NTT is making a global investment of $59 billion from FY23 to FY27 across growth areas, including AI and data centers. “We are committed to delivering our integrated full-stack proposition to our clients, spanning data centers, networks, applications, cloud, security, and AI solutions,” Shimada said.water
18 March 2025