McNally Bharat Engineering has bagged a contract worth Rs 733 crore from ACC for construction and installation of a cement plant. The order comprises onshore supply, civil construction and installation & erection of New
Jamul Cement plant. The order has a contractual delivery period of 30.5 months, it said.
Category: ECONOMY & POLICY
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McNally Bharat gets contract
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Ministry to vet MDL’s tie-up with private firms
Mumbai-based defence shipyard Mazagon Dock (MDL) plans to enter into alliance with Pipavav Shipyard, Larsen and Toubro and ABG Shipyard to construct warships. Media reports suggest that the defence ministry would study the alliance of MDL with these private shipyards in order to ensure that there was no violation of rules framed
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Contracting opportunites in blast furnace
A blast furnace is a type of metallurgical furnace used for smelting to produce industrial metals, generally iron. In a blast furnace, fuel, ore, and flux (limestone) are continuously supplied through the top of the furnace, while air (sometimes with oxygen enrichment) is blown into the lower section of the furnace, so that the chemical reactions take place throughout the furnace as the material moves downward.
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Contracting opportunites in blast furnace
A blast furnace is a type of metallurgical furnace used for smelting to produce industrial metals, generally iron. In a blast furnace, fuel, ore, and flux (limestone) are continuously supplied through the top of the furnace, while air (sometimes with oxygen enrichment) is blown into the lower section of the furnace, so that the chemical reactions take place throughout the furnace as the material moves downward.
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Economic Recovery
According to a survey of company CEOs by industry body ASSOCHAM, the economy may revive in the next 12 months because of possible decline in inflation, interest rates and improvement in the global environment. The CEOs expect the situation in the western markets to improve since their central banks are trying to revive consumer confidence.
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Meeting unique needs
The Cat®120K2 motor grader is delivering exceÂptional value to match a wide range of customer requirements pertaining to heavy construction, mining, road building and governmental applications. Vouching for its high performance and efficiency is Transstroy (India)—one of IndiaÂ’s fastest growing engiÂneering and construction companies. “Transstroy India is currently handling 10 road construction projects at Bhopal, Tirupati, Kareemnagar, Dindigul, Tuticorin to Tirunelveli, Tindivanam to Krishnagi
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Bharti Ineratel Expansion
Bharti Infratel said it is looking at acquisition opportunities in India and overseas. The company, which is the tower unit of telecom major Bharti Airtel, is set to launch its initial public offering (IPO) on December 11 to raise up to Rs 4,533.60 crore. The proceeds from the IPO would be used to fund expansion plans as well as future acquisitions. Of the total 376,000 towers in India,Bharti Infratel has 80,656.
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Land dispute delays MUTP-II project
Maharashtra government and the Indian Railways are locked in an ownership dispute over a 20,000 sq m land in Bandra, Mumbai. The commercial exploitation of the land is necessary for the Rs 5,300-crore Mumbai Urban Transport Project-II (MUTP-II) project, which was sanctioned in 2008. The project was approved under the arrangement that nearl
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Govt executes SUTP with aid from global institutions
Urban Development Secretary Sudhir Krishna informed that his ministry initiated the Sustainable Urban Transport Project (SUTP) with the assistance of Global Environment Facility (GEF), the World Bank and United Nations Development Program (UNDP) to foster a long-term partnership.He informed this at the second annual meet of Sustainable Urban Transport Project (SUTP) in New Delhi
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Govt executes SUTP with aid from global institutions
Urban Development Secretary Sudhir Krishna informed that his ministry initiated the Sustainable Urban Transport Project (SUTP) with the assistance of Global Environment Facility (GEF), the World Bank and United Nations Development Program (UNDP) to foster a long-term partnership.He informed this at the second annual meet of Sustainable Urban Transport Project (SUTP) in New Delhi