CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
With Which company Indian Railways signs first EPC contract recently?
A
Ashok Leyland
B
Mahindra
C
Larsen and toubro
D
Zealous services
Explanation: 

Detailed explanation-1: -New Delhi: With the aim of boosting its ‘Mission Electrification’ plan, Indian Railways signed its first Engineering, Procurement and Construction (EPC) contract with L&T for large electrification projects on Friday.

Detailed explanation-2: -The contract will include signalling, telecommunication, and associated works. Credit: Pixabay. L&T Construction, through its Railways Strategic Business Unit (SBU), has won an engineering, procurement, and construction (EPC) contract from Ircon International for the Northeast Frontier Railway in India.

Detailed explanation-3: -Keeping in mind the ample savings on the cost and reduction inconsiderable amount of carbon footprint, the Government of India is focusing on providing electrification projects. Hughes & Hughes Chem Ltd is the company offering Railway Electrification services in India.

Detailed explanation-4: -Engineering, Procurement and Construction (EPC) firms deliver a complete package of resources to complete infrastructure projects. EPC services typically provide a single responsible source for executing a project, thus alleviating risk for the owner.

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