SPML Infrastructure is evaluating options to raise funds by divesting stake in hydro power and road assets. It is also planning to raise up to Rs 1 billion through the QIP.
Tag: EPC
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JNPT: Port-focused to port-led development
A port-based multi-product Special Economic Zone (SEZ) at the Jawaharlal Nehru Port Trust (JNPT) will be a win-win situation for exim traders. This industrial infrastructure project will be established on 277 hectares
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Rays Power Experts bags turnkey order
Rays Power Experts has acquired a turnkey order of a 45 MW solar EPC project.
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Harbin Electric
Harnessing and increasing the supply of power has long been key in the advancement of human society. During the last half century, Harbin Electric Group (HE Group) has been responsible for numerous ¨firsts¨ in Chinese Power equipment manufacturing
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L&T bags EPC order in Bangladesh
Larsen & Toubro has received two engineering, procurement and construction (EPC) orders valued at around $480 million for setting up dual fuel-fired gas-based com-¡bined cycle power plants in Bangladesh. One order of $280 million, has been received from Marubeni Corporation Japan for setting up a 360 MW Bheramara Combined Cycle Power Plant Development Project.
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Road-building exercise to be reviewed
The roads ministry is looking at a new dispensation at the Centre to overhaul the road-building exercise. Ministry officials, while preparing a wish list for the new government, will seek streamlining the process of land acquisition and clearances from various
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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
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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)
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BHEL bags Rs.7,900 cr order
BHEL has bagged a contract worth Rs 7,900 crore related to 1,980 MW thermal power project in Jharkhand. The contract, won through international competitive bidding, is for NTPC´s 1,980 MW North Karanpura super thermal power project. The plant will have three units, each having a generation capacity of 660 MW. The work involves design, engineering, manufacture, supply, construction, erection, testing and commissioning for the EPC package. The key equipment for the contract will be manufactured at
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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.