Vikas Rambal

Long-running plans by Vikas Rambal’s Perdaman Industries to build a multi-billion dollar urea manufacturing plant in Western Australia have received a fillip, with his group signing a gas supply agreement with Woodside Petroleum.

Two groups aspiring to build gas processing projects on the Burrup Peninsula are aiming to fare better than many others have in the environmentally sensitive area.

Vikas Rambal’s Perdaman Industries has signed up Canadian engineering company SNC Lavalin as lead contractor on its $4 billion Karratha urea project, one day after announcing a gas supply deal with Woodside Petroleum.

New industrial projects planned for the Burrup Peninsula will need to co-exist with the area’s heritage features.

Vikas Rambal’s Perdaman Industries has continued its march on retail property, adding a third shopping centre to its portfolio through the $20 million acquisition of The Village at Margs.

Perth-based Perdaman Industries has entered into an agreement with the Murujuga Aboriginal Corporation as part of its plans to build Australia’s largest fertiliser manufacturing plant near Karratha.

Businesses are facing a challenge locking in gas contracts for major projects in Western Australia, including Coogee's planned $1 billion Burrup Peninsula methanol plant, which the company is now pursuing without partner Wesfarmers.

Vikas Rambal’s dream to build a $4.5 billion Pilbara urea plant is forging ahead, with his Perdaman Industries appointing construction contractors, and flagging a mid-2021 final investment decision.

Vikas Rambal’s planned $4.3 billion Burrup urea project has signed a big offtake deal, but will be waiting for Woodside’s Scarborough LNG decision before proceeding further.

A 50 megawatt solar farm could be installed at Woodside’s Pluto plant near Karratha.

Worker shortages and supply chain issues could disrupt major projects in WA worth more than $50 billion. Click for our updated list of major projects.

Vikas Rambal’s Perdaman Group is planning to enter the state’s retail electricity market, with a focus on greener energy.

A $4 billion-plus fertiliser plant proposed on the Burrup Peninsula has received ministerial approval, moving entrepreneur Vikas Rambal’s dream project a step closer.

The federal government’s NAIF fund has chipped in for the Perdaman project, a $4.3 billion proposed fertiliser plant tipped to produce 2 million tonnes of urea per year.

Plans for Perdaman Group’s 2 million tonne urea plant on the Burrup Peninsula have been recommended for approval at a development assessment meeting next week.

Perdaman Group is another step closer to building its $4.3 billion urea plant on the Burrup Peninsula, after the plan was unanimously approved by the regional planning body.

Perdaman has inked a fresh deal for the construction of its $4.5 billion Urea plant after challenging market conditions and logistical issues sent costs climbing by $300 million.

The Australian Government has agreed to provide a third loan to support the giant Perdaman urea project in the Pilbara, taking its total commitment to $475 million.

A surprise ASX announcement from a national fertiliser company has revealed that private Perth company Perdaman has secured funding for its giant $6.4 billion urea project in the Pilbara.

Perth company Perdaman has started work on one of WA's largest projects after gaining backing from Global Infrastructure Partners, the same group that backed Woodside’s Pluto gas project.

Perdaman founder Vikas Rambal has built a diversified international business and has ambitious plans for the future.

Mark Beyer speaks to Jack McGinn on the successes of Perdaman’s Vikas Rambal and his ambitious plans for the future.

Perdaman chair Vikas Rambal announced the company has placed almost $US1 billion of procurement orders for the $6.4 billion urea project, among other topics at a Business News event.

Entrepreneur Vikas Rambal’s $4.4 billion fortune leads a group of dozens of new names to be recognised for their wealth generation in the inaugural Business News Rich List.

The state government has awarded a $283 million contract to Clough to build a new wharf at Dampier Port.

Perdaman will funnel $122 million into construction of 100 new homes in Karratha as part of a broader push to ease a crippling housing shortage in the Pilbara city.

Mark Beyer and Jack McGinn discuss the major findings from the domestic gas inquiry; Collgar's wind farm plan; Western Power's nuclear stance; Pilbara energy enablers; Perdaman's Karratha plan; the price of iron ore; Nicheliving's woes and Sanur's Subi battle; Vern Wheatley's legacy, and preview the upcoming edition of the Business News magazine.

A partnership between two influential Indian businessmen has its sights on WA’s healthcare squeeze.

The falling iron ore price has had a big impact on WA’s wealthiest.