Dilip Buildcon Limited, one of India’s largest road construction companies, said it has qualified as the lowest bidder for yet another highway project, worth Rs 1,004 cr. The Hybrid Annuity Project from the National Highways Authority of India is to upgrade a 15 km stretch of NH 75E in Madhya Pradesh. The company will construct […]
Larsen & Toubro, India’s largest construction company, and BHEL, India’s largest supplier of power plant equipment, are among those tapped by the Nuclear Power Corporation for the rollout of the first large-scale nuclear power plants developed using Indian technology. While L&T said it received a Rs 442 cr order to supply forgings for steam generators […]
Road developer Dilip Buildcon said it has been declared the lowest bidder for three projects of the National Highways Authority worth Rs 5,390 cr in total. The first two projects are for six-laning a 117.3 km stretch of the Bangalore-Mysore NH 275, while the third one is for the six-laning of NH 2 from Khairatunda […]
Construction company Dilip Buildcon said it has been awarded two contracts by the National Highways Authority of India for a combined total of Rs 1050 cr. The bigger contract, worth Rs 670.50 cr, has been awarded for road development work in Uttar Pradesh, while the 380.07 cr contract is for work in Karnataka. The company […]
Pune Municipal Corporation has awarded a Rs 1,680 cr contract to construction major Larsen & Toubro to revamp the city’s water supply system. The plan is to “transform the prevailing intermittent water supply into 24X7 pressurized water supply and to implement 100% smart metering covering every household of Pune City over the next 5 years,” […]
Reliance Infrastructure, the construction arm of the Anil Ambani Group, said it received a Rs 882 cr order for six-laning a 70 km stretch on National Highway 2 in Bihar. “The scope of work includes design, engineering, procurement and construction of six-lane highway and associated bridges with paved shoulders,” said the company, which received a […]
JMC Projects, the construction arm of Kalpataru Power Transmission, said it won six orders totaling Rs 751 crores. Out of the five, three are residential, two commercial and the other one industrial. Out of the three residential projects, two are in North India and one in South India. Both commercial buildings are being built in […]
Infrastructure major GMR Group said it has emerged, along with a partner, as the top bidder in a race to construct a new eight-million-passenger airport in Philippines, and expects to get the order in one week. The company, along with partner Megawide Construction Corporation, submitted the most competitive financial bid, it said. “Clark airport is […]
Reliance Infrastructure Limited said it won two constructiong contracts in Bangladesh together valued at Rs. 5,000 crore. The contracts arer for creating a 750 MW LNG-based combined cycle power plant at Meghnaghat (Dhaka) while the second project is for building a 500 MMSCFD floating storage regasification unit (FSRU) based integrated LNG terminal project at Kutubdia […]
Larsen & Toubro, India’s largest construction company, said it won new orders worth Rs 3,572 crore. One of the biggest was a Rs 1,358 crore contract at the Kempegowda International Airport for the construction of a new South Parallel runway, apron and associated works on EPC basis from Bangalore International Airport Limited. The project Scope […]
Construction company Simplex Infrastructures said it got a Rs 524 cr order from public sector company NBCC Ltd. The order is for the construction of institutional buildings at Bhubaneshwar in Orissa, the company said. NBCC (India) was earlier known as National Buildings Construction Corporation. It is a Navratna category I company, and is also listed […]
Ahluwalia Contracts said it won new construction orders aggregating to Rs 311 cr. “New orders worth of Rs. 170.99 Crores for construction of 300 Beds hospital in existing premises of ESIC Hospital Kolkata and worth Rs.140.00 Crores for other construction work,” it said. With this, the total order inflow during the FY 2017-2018 stands at […]
India Cements, the largest cement maker in South India, said its results for the September quarter were hit by GST, sand scarcity in Tamil Nadu and the impact of tougher regulation on the real estate sector. The company reported today a 62% decline in its standalone net profit to Rs 23.67 crore for the September […]
Larsen & Toubro said its construction arm won orders worth Rs 3,551 crores. The first is a Rs 1,123 crore order from the government. The contract is for design and construction of smart trunk infrastructure with roads, storm water drains, water supply network, sewerage network, utility ducts for power and telecom, reuse water line, pedestrian […]
Reliance Infrastructure said it disagreed with the decision by India Ratings, a unit of Fitch, to downgrade its debt over delays in equity infusion and monetization of assets. “The Company respectfully disagrees with the views of India Ratings,” it said today. “The Company has taken series of steps for asset monetization including inter alia filing […]
Kerala’s fourth international airport at Kannur is very close to completion, with 95% of the airside works and 90% of cityside work completed, the government said today. Airside refers to the runway, bays, traffic control tower and so on, while city-side works refer to civilian construction components such as the parking area, approach roads and […]
Construction major Larsen & Toubro said its transportation infrastructure and water effluent treatment businesses have jointly bagged an engineering, procurement and construction order worth Rs 1,223 cr from Aurangabad Industrial Township Limited (ATL). The scope of work includes the construction of roads, drains, bridges, potable water network, sewage and common effluent treatment plants, sewerage and […]
GMR Airports Limited, a subsidiary of GMR Infrastructure Ltd, said it won the contract to develop, operate and manage the new international airport of Heraklion at Crete in partnership with a Greek company. GMR Airports Limited will be the designated Airport Operator in the consortium for this project. Heraklion Airport, located in Crete, is the […]
Airports Authority of India said it has identified eight airports where it intends to carry out commercial real estate development once the government relaxes the relevant rule. The airports are Lucknow, Kolkata, Amritsar, Varanasi, Bhubaneshwar, Jaipur, Raipur and Tirupati, it said in a statement. Separately, the Airports Authority — which owns and operates most of […]
One of Larsen & Toubro’s units in the United Arab Emirates has won a Rs 500-cr order to supply building automation and control systems for 37 stations of the upcoming Doha Metro in Qatar, the company said. The contract involves installation, testing, integration, commissioning and 5 years of maintenance of the system. “The Frame Agreement […]
