Happening city....Vizag

Sir · Posted: Sat Apr 26, 2008 11:17 am Post subject: Vizag ahead!

Work on India’s first crude oil cavern launched

The Rs. 375-crore project being undertaken by HCC will be completed in 36 months

Prestigious venture: Drilling in progress to build the underground cavern in Visakhapatnam on Friday.

VISAKHAPATNAM: The maiden trial blast at Lova Gardens marked the launching of India’s first underground rock cavern for strategic storage of crude oil by the Hindustan Construction Company (HCC) here on Friday.

CEO Rajan K. Pillai and CFO M.C. Singh of Indian Strategic Petroleum Reserves Limited (ISPRL), Project Controller C.P. Ramesh, S. Malkani of Engineers India Ltd. (EIL) and others celebrated the historic event with distribution of sweets.

After the blast and a siren, they studied the rock strata and calculated the time cycle of drilling and blasting. The prestigious project, awarded to the HCC on January 16 by ISPRL, would be completed in 36 months. The Rs.375-crore cavern would have a storage capacity of 1.33 million tonnes. EIL was the project management consultant.
Buffer stock

The Vizag project was the first among three underground caverns proposed by the ISPRL with a storage capacity of five million tonnes. Two other caverns would come up at Mangalore and Padur. ISPRL is a subsidiary of Oil Industry Development Board. The buffer stock of crude will help various areas in the event of emergencies. All the refineries in the country together have reserves to meet the requirement for three weeks. The cavern projects to be operated by ISPRL, set up by the Union Government, will be of immense help whenever there is steep increase in international prices. The crude imported from the Middle East annually is valued at Rs.80,000 crores.
HCC record

HCC has rich experience in underground construction, mainly in geologically complex terrain. It is credited with building India’s first major underground power house for Yamuna hydel project in the Himalayan region.

The cavern project in the city will be located under a hill having maximum elevation of 130 metres. The floor of the cavern is 60m below mean sea level.

Two large shafts, 90m deep, will be built to house the operating equipment for the cavern. The crude cavern is also close to South Asia’s first LPG cavern project, which was commissioned early this year.
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Sir

vibgyor · Joined: 12 Jun 2006 Posts: 43

Hyderabad House opened

Special Correspondent

VISAKHAPATNAM: Hyderabad House Private Ltd. opened its first outlet in the City of Destiny on Monday on the VIP Road, opposite IDBI branch.

Vice-Chairman of Visakhapatnam Urban Development Authority (VUDA) V.N. Vishnu, who inaugurated the new outlet, hoped that it would provide quality food and the tasty biryani Hyderabad is famous for.

The increasing number of tourists, particularly those from West Bengal, to the city would be able to eat Hyderabad biryani in Vizag itself, he noted.

Speaking on the occasion, Mir Mazharuddin of Hyderabad House said that the city’s was 25th outlet.
Quality assured

There were 22 in Hyderabad, and one each in Bangalore and Sydney (Australia).

About a dozen specially trained chefs were brought to Visakhapatnam to serve here and the specialities were biryani, kebabs and of course, gravy.

There was no compromise in quality with best rice, meat and ghee used in preparations, he said. Ankur Kapoor of Ojas enterprises, the franchisee, said that they had studied the market for a year before launching the project. Mir Zubair Ahmed and Savneet Sodhi were present.

sabby · Joined: 15 Dec 2007 Posts: 52 Location: VizaG