The Karnataka state government has shortlisted eight firms for the Rs 1,300 crore Integrated Mass Transport System (IMTS) project proposed on a public-private partnership (PPP) model at Majestic in Bangalore.
FlashNews:
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L&T, Alstom bag chennai metro project
A joint venture of L&T and Alstom has bagged the Rs 449.22 crore contract for design and construction of track works from Chennai Metro Rail.
AP to facilitate land acquisition
An order has been passed by the Andhra Pradesh government which will facilitate allotment of 104 acre for the Rs 12,136 crore Hyderabad Metro Rail project to be developed by concessionaire L&T.
EPC gives scope to value engineering and project cost optimisation
The Engineering, Construction and Contracts (ECC) Division of L&T, whose major activity is under EPC, has a claim to be the largest construction and EPC company in the country.
Infrastructure Today Person of the Year 2010
Mr Anil Manibhai Naik, 65, started out as a teacher’s son in a south Gujarat village. Today, he is the captain of a huge ship with 38,000 employees on board.
L&T bags Chennai Metro Rail depot works
The Chennai Metro Rail has awarded the construction of depot works to Larsen and Toubro at a cost of Rs 198.10 crores.
Firms rush for gas-based power projects in Karnataka
Global companies including GE, AES and Marubeni Corporation and Indian corporations, including Tata, Jindals, RPower, and L&T have evinced interest in setting up three gas-based power stations in Karnataka with a total capacity of 2,100 MW.
IOC revisits Ennore for LNG and power
Indian Oil Corporation (IOC) will commission a detailed feasibility report (DFR), which will cost Rs 3-4 crore on a 2.5 mt a year liquefied natural gas (LNG) import terminal at Ennore.
Nine way split for L&T
Larsen & Toubro`s Chairman AM Naik has kicked off a restructuring plan that will divide the Rs 3,7000 crore engineering and infrastructure behemoth into nine virtual companies.

