The government decision to deny security clearance to the world´s biggest port crane maker, China´s state-owned Shanghai Zhenhua Heavy Industries Co (ZPMC), to supply cargo handling equipment to Major Ports will have serious implications for the country´s port industry, according to industry executives.
Tag: Construction
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HCC wins Indo-Nepal border road contract
HCC has been awarded a Rs 393.08-crore project by the Ministry of Road Transport & Highway.
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IL&FS bags NHAI road contract
IL&FS Engineering and Construction Company has bagged Rs 1,232 crore road project contract from National Highways Authority of India (NHAI).
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Rural Punjab encourages metering and billing
By January 2013, 200 out of 840 villages covered under the project had opted for metered household connections, and fifteen of these had round-the-clock (24/7) water supply. Even in prosperous Punjab, villages face an acute scarcity of water,
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Towards a greener India
Increasing regulatory pressures, aging infrastructure, and environmental concern are forcing organisations to reassess the impact of water management on their economic wellbeing.
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Gulf Petro acquires Shell´s Guj plant
The UAE-based oil company Gulf Petrochem has acquired the Royal Dutch Shell´s bitumen plant in Gujarat to meet the increasing demand for road construction products in West and North India.
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L&T bags TANTRANSCO contract
The Power Transmission & Distribution business of Larsen & Toubro, a major Indian multinational in technology, engineering, construction, manufacturing and financial services, with global operations, has won major turnkey order from the Tamil Nadu
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BHEL wins Rs.3,536 crore order in Gujarat
Bharat Heavy Electricals Ltd (BHEL) has achieved a major breakthrough by bagging a prestigious contract for setting up a supercritical thermal power project on engineering, procurement and construction (EPC) basis from the Gujarat State Electricity Corporation Ltd (GSECL).
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Growth in infra, construction sectors to remain stressed
Growth of infrastructure and construction as well as metals and mining sectors is likely to remain stressed in FY15 as high leverage levels may constrain the ability of some corporates to access credit, a report by India Ratings and Research said.
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Racks of investment
At present, India is not yet ready with the concept of third party involvement for building up rail infrastructure for coal linkages. Now with the positivity which the present government has got along, investors are optimistic about fast-track solutions for coal linkage issues.