In line with ´Make in India´ initiative, domestic handset vendor Lava will invest Rs.500 crore to set up a manufacturing plant in Tirupati. Prime Minister Narendra Modi laid the foundation stone for a dedicated mobile handset
Author: admin (Infratructure Today)
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Madhucon sells Agra-Jaipur expressway project for Rs.248 cr
Hyderabad-based infra player Madhucon Projects has sold its 100 per cent stake in Madhucon Agra- Jaipur Expressways Ltd (MAJEL) to Singapore-based Cube Highways and Infrastructure for Rs.248 crore.
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CIDCO to develop area around JNPT
The City and Industrial Development Corporation (CIDCO) announced that it would develop 273.69 sq km area around the Jawaharlal Nehru Port Trust (JNPT) region to address the issues of port related activities.
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Centre clears extension of Wipros SEZ in Kolkata
In a decision that will allow IT-major Wipro Technologies to expand its IT or ITES Special Economic Zone at Salt Lake, Kolkata, the government has agreed to waive the contiguity or continuity norm permitting the company to include another patch of land that is not attached to the existing zone.
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Odisha urban housing project
ABAAS, the Odisha Urban Housing Mission that envisages providing all residents of urban areas access to a range of housing options in the state, has been launched.
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2 new road projects to decongest traffic in Gurgaon
Chief Minister Manohar Lal Khattar said Haryana Government will soon under-¡take two new road projects, ´Northern Peripheral Road´ and ´Southern Peripheral Road´ for decongestion of traffic in Gurgaon.
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No headway in pipeline project
The ambitious Rs.10,000 cr gas pipeline project to Kashmir is caught in bureaucratic wrangles for the past three years as a proposed MoU between the state government and GSPL India Gasnet Limited (GIGL) Gujarat- the executing agency for the plan- is yet to be signed.
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Our specialists have developed a deep understanding of the challenges and requirements in each sector
The total lubricant market in India is around 2.2 billion litres. It is a strong market with rising opportunities and ranks third after the United States and China. As per recent reports by Kline, the overall Lubricants industry in India is expected to grow at a CAGR of 2.5 per cent.
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LNG more viable than coal
India is already among the world´s largest energy consumers. Urbanisation, industrialisation, and the government´s commitment to 24 x7 energy access for all imply that our need for power will continue to grow.
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EPC contractual issues
One of the major costs in an infrastructure project is the tax cost that a project has to bear on account of various indirect taxes, viz., the value added tax, works contract tax, service tax and many other similar taxes. Typically, in most of the infrastructure projects, the owner awards a turnkey contract to one party known as the engineering, procurement and construction (EPC) contractor.