Policy Update May 01, 2014 MoRTH wish list for new government The Ministry of Road Transport and Highways (MoRTH) is preparing a wish list for the new government to seek, among other things, greater leeway to choose between public-private partnership (PPP) and engineering, procurement and construction (EPC) modes
Power Update Apr 01, 2014 Reliance's Butibori plant now fully operational Reliance Power said its 600 MW coal-based power plant at Butibori in Maharashtra is fully operational. Butibori Power Project is being developed by Vidarbha Industries Power (VIPL), a subsidiary of Reliance Power.
Project Update Apr 01, 2014 Sadbhav Engg to construct highway in Rajasthan Sadbhav Engineering has won a Rs 212-crore highways project from the National Highways Authority of India (NHAI) in Rajasthan. The project falls under National Highway Development Project (NHDP)
Apr 01, 2014 Tender for Mumbai Metro-III by July The Mumbai Metro Rail Corporation (MMRCL) will issue detailed tenders for the 32.5-km Metro-3 by July 2014 and award the project by October 2014. The project is expected to cost Rs 23,136 crore.
Power Update Mar 01, 2014 Afcons eyes bigger LNG projects Afcons Infrastructure, which has completed the engineering procurement and construction (EPC) work on the Kochi LNG terminal, is now looking for more such projects in this space. Afcons was the only Indian company at Kochi involved in the construction of the terminal facility, besides CTCI Corporation from Taiwan and IHI of Japan.
Interview Mar 01, 2014 We have offered the best package for PAPs The ambitious Navi Mumbai International Airport worth Rs 14,500 crore, to be developed on a 1,160 hectare plot, will be built in four phases. Elaborating on the plans, Sanjay Bhatia, Vice Chairman and MD, City and Industrial Development Corporation (CIDCO)
Bankers Talk Mar 01, 2014 Bankers are not mere lenders, they should be accepted as partners Corporates should treat banks as partners, and that will help in solving many problems. MV Tanksale, Chief Executive, Indian Banks' Association, tells Rahul Kamat that with new banks coming in, there will be intense competition
Transport Update Feb 01, 2014 L and T and Marg Group consider exiting port trade Larsen and Toubro (L and T) and Marg Group are looking at the possibilities of exiting their port business. These engineering, procurement and construction (EPC) firms bid aggressively for port projects hoping to benefit from a booming economy and fast-growing world trade. But with the slowdown hitting both global and local economies.
Web Exclusive Jan 17, 2014 Rs 1.5k cr road projects on deck India is home to several bad roads be it the metropolitans, the cities or the villages. Bad road conditions are nothing new to India and the problem is being addressed since the last 30 years. However, of lately, many road projects have been sanctioned by the government and are up for bidding.