Over half of construction project owners experienced one or more under performing projects in the previous year, despite confidence in project planning and controls, according to KPMG InternationalÂ’s 2015 Global Construction Project OwnerÂ’s Survey: Climbing the Curve.
Tag: engineering
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Milestone Feat
AFCONS has carved a niche for the company by becoming the first Indian EPC contractor for installing a process platform for ONGC using float-over technology on time.
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L&T hopes to win 2 power plant contracts in FY16
Engineering major Larsen & Toubro expects to bag at least two thermal projects out of the 12 which are likely to come up for bidding over the next one year, a senior company official has said.
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L&T wins Saudi Aramco order
L&T Construction, through its fully owned subsidiary L&T Saudi Arabia LLC, has bagged an engineering, procurement and construction order from the Saudi Arabian Oil Company (Saudi Aramco).
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BHEL bags Rs.1202 crore power project order
State-run BHEL has bagged a Rs 1,202-crore order for 370 MW gas-based combined cycle power project in Karnataka.
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Point Person
CG has appointed Jean-Michel Aubertin as Executive Vice-President and President of Power Business Unit. Aubertin will also be a member of CG´s Executive Committee.
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Voith Turbo plans big rail push sector
Voith, the €5.7-billion German engineering major, has set its sights on the rapidly growing opportunities in the Indian rail and transportation market.
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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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Rays Power Infra bags largest single solar EPC project
Rays Power Infra Pvt. Ltd., one of the biggest solar EPC companies in India, has announced bagging of the largest single solar EPC project of Essel Group.
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IL&FS Eng bags contract
IL&FS Engineering and Construction Co has bagged a contract from West Bengal State Electricity Distribution Co