The contract to build a new airport on the island of Crete has been awarded to Ariadne Airport Group, a joint venture between IndiaÂ’s GMR Airports and Greek contractor GEK Terna,
Tag: Construction
Post
Post
First underground Mumbai Metro tunnel project complete
With the end-to-end completion of a 1.26 km tunnel from Municipal Pali ground near Marol village in Andheri to Chhatrapati Shivaji Maharaj International airport Terminal-2 station, the first step in the construction of the underground Mumbai metro tunnel was completed.
Post
Is IndiaÂ’s Rs 5.7 trillion infrastructure investments at risk?
The construction core is being subject to a mockery through the use of inferior quality TMT rebars. Infrastructure Today investigates with analysis from FIRST Construction Council
Post
SC bans construction activities for states and UTs; but respite for Maharashtra and Uttarakhand
The Supreme Court has stayed all construction activities in states and Union Territories which do not have a solid waste management (SWM) policy under the Solid Waste Management Rules, 2016.
Post
Paving the Way
The road construction companies are eying 20 per cent growth through this fiscal. With this, a plethora of opportunities have opened up for road equipment industry.
Post
Construction risk is higher than post-construction risk
The National Investment and Infrastructure Fund (NIIF) is planning a third fund targeting investment in greenfield projects, with a view to provide long-tenor financing. Sujoy Bose, Managing Director and Chief Executive Officer, NIIF shares some insights, particularly on the roads sector.
Post
The Order Book Chase
Total order backlog of the engineering and construction firms was Rs.8.1 trillion at the end of FY18. Of the whole order backlog, almost 62 per cent was contributed by the construction companies, followed by 24 per cent of capital goods companies catering to the energy industry.
Post
Auction of eight highways to fetch Rs 54 billion
Nearly Rs 54 billion will be generated through the auction off the second tranche of eight completed national highway projects. The Toll Operate Transfer (TOT) will be responsible for the maintenance and will have the right to collect the toll on these stretches for 30 years.
Post
Simplex Infra bags order worth Rs 2595 cr in Q4FY18
Simplex Infra has bagged orders worth Rs 25.95 billion in the fourth quarter from January to MarchÂ’18. With this the total order inflow during FY18 amounts to Rs 76.66 billion. The new orders have emanated 87 per cent from public sector and 13 per cent from private sector, 98 per cent from domestic territories and 2 per cent from abroad.
Post
Steel shining!
India is the third largest steel producer in the world after China and Japan and has an installed capacity of about 131 million tonne (mt) at present. It produced 101 mt of steel in FY2017 and consumed 84 mt during the same period.