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Author: admin (Infratructure Today)

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BHEL bags -C16.96 million contract in Turkey

BHEL bags -C16.96 million contract in Turkey

State-run power gear maker BHEL has bagged a 16.96 million euro contract for a thermal power project in Turkey, the company has said. ´The company has bagged a contract for rehabilitation of three units of Electrostatic Precipitators for the 430 MW Tuncbilek Thermal Power Project in Turkey on EPC basis,´ BHEL said in a statement.

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Technip bags -C100 mn ONGC order

Technip bags -C100 mn ONGC order

Engineering and construction firm Technip, which specialises in subsea construction, has got a 100-million euro contract from Oil and Natural Gas Corporation (ONGC) to build an onshore oil and gas terminal in Andhra Pradesh.

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Tata Realty buys Expressway

Tata Realty buys Expressway

Hyderabad-based Madhucon Projects has signed an agreement to sell its Agra-Jaipur Expressway project to Tata Realty and Infrastructure for Rs 250 crore, making it the second merger and acquisition deal in the roads sector in December 2014.

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HUL sells iconic headquarters

HUL sells iconic headquarters

India´s largest consumer goods company Hindustan Unilever has sold its erstwhile headquarters Lever House at Churchgate in south Mumbai to its current tenant, Housing Development Finance Corporation, for around Rs 300 crore.

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Container handling charges hike gets flak

Container handling charges hike gets flak

Various industry chambers and exporter associations have urged Dubai Port World, which is managing the Vallarpadam International Tran shipment Container terminal in Kerala, not to go ahead with the proposed increase in handling charges from January 1, saying such a move would hit port users in the State.

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FinMin rejects Cochin Port demand for interest waiver

FinMin rejects Cochin Port demand for interest waiver

The Finance Ministry and the Planning Commission have rejected the Union Shipping Ministry´s proposal to waive Rs 715 crore of penal interest due from Cochin Port Trust (CPT) on a Rs 258-crore loan.Of the total penal amount of Rs 729 crore, the government could have forgone Rs 715 crore.