Tata Power´s defence engineering unit, Tata Power Strategic Engineering Division (SED), is investing around Rs 500 crore in Vemagal, Kolar district, Karnataka. It is planning to set up a manufacturing plant dedicated to the defence sector. The new plant, which is expected to come up in 50 acres of land, will be the company´s largest manufacturing unit set-up in the country.´
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HCC JV wins Karnatak A project
Hindustan Construction Company in a JV with GVPR Engineers has been awarded Rs 904-crore contract in Karnataka for diverting flood water to certain drought-prone areas.The contract from Karnataka Neeravari Nigam Ltd is for diversion of flood water from Sakleshpur to Kolar, Chikkaballpur (East) under Yettinahole diversion project package IV.
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Rail gets leg-up from budget
Railway Budget 2011-12 initiates set up of a bridge factory in Jammu and Kashmir, as the J&K rail link project involves a large number of bridges.