Ashoka Buildcon on Monday said that it received a Rs 860 crore highway construction contract in Jharkhand from National Highways Authority of India (NHAI). The contract to build the 40 kilometre highway stretch of the Khairatunda-Barwa Adda section is under a hybrid annuity mode (HAM) under which the government provides 40% of the project cost […]
Ahmedabad-based construction firm Nila Infrastructures Ltd said it received two contracts worth Rs 65.5 crore from Ahmedabad Urban Development Authority (AUDA) for the construction of affordable housing units in Bopal in Ahmedabad. The project includes the construction of 616 flats for economically weaker sections along with basic common amenities, infrastructure & development works of the […]
Infrastructure major Larsen and Toubro (L&T) reported new construction orders from Telangana, Jharkhand, New Delhi and the Gulf, worth between Rs 2,500 cr and 5,000 cr in all. The company secured a campus development order of IIT Hyderabad Package,which includes the construction of buildings such as a Sports and Cultural Complex, Research Centre Complex, Knowledge […]
NBCC, formerly known as the National Buildings Construction Corporation Limited, said it won new orders amounting to Rs 804 crore in the month of February. The Central Government Navaratna enterprise under the Ministry of Urban Development had secured a total business of Rs 355 crores last month and Rs 743 crore in November. Earlier last […]
Anil Ambani Group’s construction arm Reliance Infrastructure said it has got the letter of award for a Rs 648 crore contract to build a new greenfield Airport at Hirasar in Rajkot district of Gujarat. The airport is to be completed within 30 months. The new airport is being constructed at a location near National Highway […]
Infrastructure major Larsen and Toubro (L&T) on Tuesday bagged contracts for its water and effluent treatment business from in Tamil Nadu, Jharkhand and Odisha. The total value of the contracts is between Rs 5,000 to 7,000 cr. The engineering and construction company secured two orders from the Government of Tamil Nadu for the execution of […]
Gateway Distriparks Ltd, Mumbai-based logistics company, distanced itself from bankrupt lender Infrastructure Leasing and Financial Services Limited (IL&FS) and IL&FS Financial Services Ltd (IFIN). Responding to media reports, the company said there are no transactions between itself or its subsidiaries with IL&FS or IL&FS Financial Services. However, it said there is a transaction between Prism, […]
Cochin Shipyard Limited (CSL), which operates the largest ship-building and maintenance facility in India, on Friday signed contracts for the construction and delivery of four 8,000-ton mini bulk carriers with a subsidiary of the JSW Group, one of India’s largest business conglomerates. The vessels will be built at the CSL yard in Kochi and will […]
NCC Limited, formerly known as Nagarjuna Construction Co, said that it received five orders worth Rs 4,088 crore in the month of February. The company had won orders worth Rs 4,090 cr in January and Rs 2,891 cr in December. Of its February orders, two worth Rs 738 crore were received in the buildings division, […]
Larsen & Toubro, India’s biggest construction firm, said it has secured a mega contract for design and construction of a major airport. Mega contracts are defined as those that will generate more than Rs 7,000 cr of revenue for the company. In October, Larsen & Toubro had won a Rs 3,036 cr order to build […]
Larsen & Toubro said its power transmission & distribution business received additional orders of Rs 2,547 crore. The period over which the orders were received were not disclosed, but the company typically updates investors of new orders every few weeks. The orders include both international as well as Indian contracts. The value of the individual […]
Future Supply Chain Solutions Limited, the logistics arm of the biggest large-format retail chain in the country, continued to report strong growth on the top line and improving profits, but expenses too largely kept pace. The company’s revenue from operations grew by 34.4% on year to Rs 276.2 cr for the September quarter, an increase […]
The Mumbai Metropolitan Region Development Authority has given a Rs 276-cr order to J Kumar Infraprojects to build an elevated road from the ending point of the Mulund-Airoli bridge to the Thane-Belapur highway. The elevated road would ease traffic for those going from areas near Mulund to Navi Mumbai. At present, motorists have to go […]
Construction major Ahluwalia Contracts said it has won a Rs 539 cr order from the government of India-controlled NBCC for the redevelopment of the iconic Charbagh Railway station in Lucknow. With this, said the company, the total inflow of orders in the seven months of this year has been Rs 2,575 cr. Further details, such […]
The Union urban development ministry today countered allegations that the government was trying to extend favors to real estate developers in NOIDA in the name of helping flat-buyers. The NOIDA and Greater NOIDA areas adjoining Delhi have seen many developers run into severe financial difficulties after the government cracked down on the use of illicit […]
Residents of Thane will have to shell out more for driving to Mumbai and Navi Mumbai from today after the operator of the Airoli and Mulund toll plazas restarted toll collection. Collection of toll at the two centers was suspended on Aug 21 for cars, SUVs, state government buses, school buses and other light and […]
Dilip Buildcon said it has emerged as the favored bidder to build a 5.3 km stretch of the upcoming metro rail system in Indore, Madhya Pradesh. The development comes barely a month after DBL was declared the lowest bidder for the Bhopal Metro project in the state. The current bid is to build an elevated […]
Larsen & Toubro, India’s largest construction firm, said it has won what it called a “significant” order from HPCL- Mittal Energy to construct seven cracker furnaces at the Bathinda Refinery in Punjab. The seven furnaces are of “1200 KTPA Dual Feed Cracker Unit” and is a part of the Guru Gobind Singh Polymer Addition Project. […]
Construction major Larsen & Tourbo said it got the order to construct the tallest government building in India at Amaravati, the upcoming capital of Andhra Pradesh. It said the order was part of a contract to build Head of Department office buildings at Amaravati. The buildings will house the headquarters of the various government departments […]
GMR Infrastructure said its unit Kakinada SEZ Ltd has won the contract to create a greenfield, commercial port in East Godavari District of Andhra Pradesh. The Greenfield Port would be located at around 30 Km North from the city of Kakinada and proposed to be developed as an all-weather, deep draft, multi-cargo port, the infrastructure […]
