Archive for the 'Infrastructure' Category

PSL bags 2 orders worth Rs 1,225 cr

Steel pipe manufacturer PSL Ltd today said it has bagged two orders worth Rs 1,225 crore from engineering major Larsen & Toubro (L&T) and HPCL-Mittal for laying pipelines.
With the aforesaid two contracts valuing around Rs 1,225 crore by the two firms — L&T and HPCL-Mittal would assist PSL in achieving its desired objectives of the […]

SAAG RR Infra secures orders from ONGC

SAAG RR Infra Ltd has informed that the Company has secured the following contracts from Oil and Natural Gas Corporation Ltd via its Firm order dated April 17, 2008.
1. For Charter hire of offshore modular workover rig “SAAG Pacific”; and
2. For Charter hire of offshore modular workover rig “SAAG Saffron” (Collectively referred to as “the […]

GMR may raise $3 billion to fund power projects

GMR Infrastructure, which sold shares to billionaire George Soros and Citigroup Inc in December, plans to raise $3 billion (Rs 12,000 crore) over “four or five years’’ to help fund expansion of power projects.
The Bangalore-based company, with interests in power plants, airports and roads, might raise about $2 billion through debt and $1 billion from […]

Maytas Consortium to build 2 regional airports for Rs 200 cr

A consortium of three companies led by Hyderabad-based Maytas Infrastructure, which won the bids to develop airports at Gulbarga and Shimoga in the state, plans to spend Rs 200 crore over the next seven years on the two projects.
The consortium of Maytas, Nagarjuna Construction Corporation (NCC) and VIE India Project Development and Holding LLC, on […]

Simplex Infrastructures bags Rs 653 crore orders

The company is currently on the following projects — Construction of 560 M length ROB at Mithapur, Patna for eastern railway for Rs 15 crore.

 

Simplex Infrastructures has bagged orders valued at Rs 653 crore from different sectors.
The company is currently on the following projects — Construction of 560 M length ROB at Mithapur, Patna for […]

Simplex Infra bags orders worth Rs 653cr

Simplex Infrastructures today said it has bagged orders worth Rs 653 crore, including one from Bangalore-based Ritz Carlton Hotel for construction related works.
“Simplex Infrastructures has bagged Rs 653 crore new orders from different sectors which includes an order from Ritz Carlton Hotel, for construction of a cement plant, sewerage system and thermal power plant,” the […]

Welspun Gujarat wins Rs 1,075cr order

Welspun-Gujarat Stahl Rohren has bagged an order worth Rs 1,075 crore for the supply of spiral pipes in Northern Africa.
According to a release issued by Welspun to the BSE today, this contract was won against competition from players in Europe and the new order has taken the company’s order book position to above Rs 5,900 […]

IVRCL bags Rs 79cr contract

IVRCL Infrastructures & Projects has bagged a Rs 78.85 crore contract from Andhra Pradesh Industrial Infrastructure Corporation for construction of a 5.75 lakh square feet research complex and 2.86 lakh square feet staff quarters for the Indira Gandhi Centre for Advanced Research on Livestock (IGCARL).
The Rs 400 crore IGCARL is coming up over 650 acres […]