The hybrid annuity model announced by the Government that proposes to reduce risks in public private partnership format is likely to provide impetus for the next wave of PPP road projects, said ICRA.
Tag: EPC
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BHEL bags Rs.5,000 crore contract from Telangana
Power equipment maker BHEL has bagged over Rs 5,000 crore contract for executing a thermal power project in Telangana. ´Telangana State Power Generation Corporation (TSGENCO) has awarded BHEL with an EPC (Engineering, Procuremen
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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 bags orders worth Rs.1,242 cr
L&T´s Metallurgical and Material Handling (L&T-MMH) business has secured orders worth Rs 1,242 crore during the fourth quarter of FY15.
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Gazing into the Big Budget
The industry estimates that falling crude oil prices, lower fuel subsidies along with recent diesel tax hikes could together add almost Rs 1.1 trillion to the Union Budget. And with the government planning to spend about $8 billion of that on infrastructure and manufacturing activities, the infrastructure sector is looking at a brighter year ahead.
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The new government has made the right noises
Egis in India is a cornerstone for the Egis Group because you know there are two economies in the world which are the ones that would pull the whole world out of the so-called recession; one is China, and the other is India. Now Egis has a dominant presence in India where we have 10 per cent of the total workforce in India of the total group and we are one of the very few subsidiaries which are contributing significantly to the top line (and) bottom line of the group.
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BHEL bags power contract
Bharat Heavy Electricals Limited (BHEL) has received Rs 3810 crore contract from Telangana State Power Generation Corporation Limited for Telangana´s first supercritical thermal power plant.
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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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Batting for Vibrant India
Gujarat as a State has tremendous potential both naturally as well as physically. Being well connected by rail and road is an added advantage although air connectivity needs improvement. Its well-equipped ports are a tremendous boost for industries in the State.
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Atlanta eyes Rs.2,000-crore road projects
With the government expected to bid out nearly Rs 50,000 crore worth of road projects in the next 12 months, EPC firm Atlanta is eyeing around Rs 2,000 crore contracts, according to a senior company official.