The Rs 2,000-crore container terminal at Larsen & Toubro's (L&T) Katupalli port near Chennai is expected to go on stream soon. Tamil Nadu Chief Minister J Jayalalithaa planned to inaugurate the terminal, which has been ready for operation for over five months. The inauguration was dela
Tag: L&T
Post
Post
Adani reportedly finanlises deal to acquire Dhamra Port
At a recent meeting with L&T Chairman AM Naik and Tata GroupÂ’s new Chairman Cyrus Mistry, Adani Group Chairman Gautam Adani finalised the deal to acquire Dhamra Port Company (DPCL) in Odisha, reports suggest. During the meeting, the terms and conditions of the deal, which involves acquiring stakes of the construction major Larsen & Toubro (L&T) and Tata SteelÂ’s stakes in DPCL, was finalised
Post
TN govt moves forward in L&T’s port project
In a move that signifies the early inauguration of the Rs 4,000-crore L&T port-cum-shipyard at Kattupalli in North Chennai, Tamil Nadu government held talks with the firm on the issue of jobs. Reports suggest that officials from various ministries of the state government held discussions with the c
Post
Industry divided on prospects for box terminals
Industry watchers are divided on the business prospects of container terminals in Ennore Port. Some argue that there would be enough business for the proposed new container terminal in the port as handling of cargo globally moves towards containers from
Post
L&T, KEC to vie for REC, PFC projects
Companies like L&T, Kalpataru Power and KEC International plan to participate in eight transmission projects of Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) as developers for a 35-year concession. Tenders for the projects are expected next month.
Post
Dhamra Port achieves record throughput
The traffic throughput in October at Dhamra Port exceeded the one million tonne-mark reaching 1.17 million tonne for the first time in the last 18 months.The port could achieve this throughput because of improved productivity, handling of iron ore shipment and the diversion of dry bulk carriers from Haldia to Dhamra. Dhamra Port is run by Dhamra Port Company which is a joint
Post
GVK awards Rs 19.8 bn order to L&T
GVK project and Technical Services awarded a Rs 1,985 crore contract to the infrastructure IC (independent company) of L&T Construction. In a press statement, the company said the order was part of the Rs 2,503 crore fresh contracts secured by it across various segments
Post
L&T arm secures Rs 6.4 bn contract
The Buildings & Factories arm of the construction and engineering major Larsen & Toubro secured a Rs 644 crore
Post
Urban Infra | Metro rail is democratisation of urban transport
NVS Reddy, Managing Director, Hyderabad Metro Rail, speaks to Shashidhar Nanjundaiah at a time when Delhi Metro’s Airport Express, the lone PPP case in Metro rail in India, abruptly shut down at least until August reportedly for “technical and financial†reasons.
Post
Urban Infra | Metro rail is democratisation of urban transport
NVS Reddy, Managing Director, Hyderabad Metro Rail, speaks to Shashidhar Nanjundaiah at a time when Delhi Metro’s Airport Express, the lone PPP case in Metro rail in India, abruptly shut down at least until August reportedly for “technical and financial†reasons.