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Tag: 14bn
GMR seeking $1.4bn compensation from Maldives over termination of Male airport contract
2013-06-24 01:00:00| Airport Technology
Indian infrastructural firm GMR Group is seeking compensation of $1.4bn from the Maldives Government claiming 'wrongful termination' of the 25-year upgrade, modernisation and management contract for Ibrahim Nassir International Airport in Male.
Tags: male
contract
seeking
compensation
Global smart grid investment nears $14bn mark
2013-01-25 06:38:01| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Global investment in smart grid technologies climbed seven per cent last year to $13.9bn, led by strong demand in the US and China, according to new figures from Bloomberg New Energy Finance (BNEF). The update, released yesterday, also predicts investment will accelerate in the coming years with the market predicted to almost double by 2018 to $25.2bn at a compound annual growth rate of 10 per cent. The market is dominated by the rollout of smart meters and supporting infrastructure, which...
Tags: mark
global
investment
smart
China Railway Construction secures contracts worth $1.4bn
2013-01-15 01:00:00| Railway Technology
China Railway Construction Corporation (CRCC) has secured two contracts worth a total of RMB8.73bn ($1.4bn) for railway electrification and railway construction projects in China.
Tags: china
construction
worth
contracts
ExxonMobil plans $14bn investment in Canada's Hebron field
2013-01-07 01:00:00| Offshore Technology
US-based multinational oil and gas company ExxonMobil has said it will proceed with its plan to develop the Hebron oil field in the province of Newfoundland and Labrador, offshore of Canada.
Tags: field
plans
investment
hebron
Transocean agrees to pay $1.4bn for Gulf oil disaster
2013-01-04 01:00:00| Offshore Technology
Switzerland-based offshore drilling company Transocean has reached an agreement with the US Department of Justice to pay $1.4bn to settle all civil and criminal claims relating to the 2010 Deepwater Horizon accident in the Gulf of Mexico.
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