News Articles for Vikas Rambal

New era dawns for influence framework

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SEE THE FULL LIST: Mapping influence is not a straightforward task in an environment of economic and political change.

Sod turned on Perdaman solar farm

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Perdaman has turned sod on its 30-megawatt Helios solar farm project near Karratha, designed to supply renewable energy to its US$4.5 billion Ceres urea plant.

Perdaman buys energy firm

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Urea plant developer Perdaman has acquired business energy supplier Amanda Energy Solutions to expand its foray into the energy sector.

Perdaman progresses Pilbara power project

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A Perdaman-backed solar farm looks set to become the foundation tenant of a traditional owner-backed green energy park near Karratha.

Mourners gather for Tim Picton memorial

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A memorial service for the former Labor party strategist Tim Picton, who was tragically killed in an alleged one-punch attack in Northbridge, was held at Optus Stadium on Friday morning.

Perdaman buys Subi Square for $14.7m

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The fertiliser giant has purchased the shopping centre from Perth property fund APIL.

WA GST has PM, business support: Saffioti

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Treasurer Rita Saffioti has insisted WA's GST campaign blitz does not demonstrate a lack of trust in the Prime Minister, as she met with senior business figures on the matter today.

$3bn project to make Perdaman’s urea green

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Perdaman has revealed plans to build a $3 billion, one-gigawatt solar and hydrogen project on the outskirts of Karratha to decarbonise its $6.4 billion urea plant on the Burrup Peninsula.

Hexion wins $90m Perdaman contract

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Dardanup-based Hexion Australia has been awarded a $90 million contract for the production of a key coating material used in manufacturing of urea granules for Perdaman's $US4.5 billion urea plant.

Industrial play built on a ‘fair go’

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Vikas Rambal believes industrial might is where the country's long-term prosperity lies.

Top brass assemble to tackle Trump tariffs

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Simon Trott, Meg O'Neill, Nigel Satterley, and Vikas Rambal were among those invited by WA Premier Roger Cook to share their ideas to guide the state through Donald Trump's tariff policy.

Richest move to the beat of the market

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

Healthcare fires Apollo mission

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

Mark My Words August 16 2024

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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.

Perdaman to build 100 homes

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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.

Clough wins Dampier Port contract

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

Rich List reveals hidden WA success

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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.

Rambal updates $6.4bn urea project, future plans

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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.

At Close of Business podcast June 29 2023

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

Rambal’s $6bn project just the start

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

Perdaman confirms $6bn project go-ahead

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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.

$6.4bn Perdaman project to proceed

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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.

Perdaman gets more taxpayer backing

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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.

Perdaman inks fresh deal amid cost hike

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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.

Perdaman urea plant gains planning approval

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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 seeks development approval for Burrup urea

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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.

$255m funding latest win for Perdaman’s urea

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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.

$4bn+ Burrup urea gains ministerial approval

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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.

Rambal readies to retail power

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

$50bn project pipeline at risk of blockages

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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.

Woodside planning Burrup solar

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

Perdaman's $4.3bn urea plant awaits Scarborough move

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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.

Perdaman moving on $4.5bn Karratha plant

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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.

Gas concerns delay $1bn major project

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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.

Perdaman, Murujuga sign Burrup plant agreement

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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.

Perdaman spends $20m on The Village at Margs

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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.

Burrup projects gain momentum

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

SNC-Lavalin wins Perdaman contract

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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 Burrup projects aim to defy history

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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.

Mixed news for two Burrup projects

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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.