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April 04, 2008

BuildArch 2008 and Build Up 2008 Announced in Mumbai | INRnews

Bangalore, India, April 04, 2008 - Bangalore International Exhibition Centre (BIEC), The Confederation of Indian Industry (CII) and Deutsche Messe, Hannover, Germany (DMAG) have announced the institution of BuildArch 2008 and Build Up 2008, India's Comprehensive International Exhibition and Conference scheduled to be held in October at the Bangalore International Exhibition Center (BIEC), Bangalore. The event to be held from 21st - 24th October 2008 has been envisaged as India's most Comprehensive International Exhibition and Conference on Architecture, Building and Construction, Property Investments and Development Opportunities on a global scale. This is the first time that these three organisations have joined hands to conduct an exhibition.

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April 03, 2008

Builders protest against steep hike in steel prices | INRnews

Mumbai, India, April 03, 2008 - 'The Builders’ Association of India (BAI), an All India Association of Engineering Construction Contractors, today strongly protested against the  unprecedented rise of over 32 per cent in price of steel  in the last three months and expressed doubts about completion of time-bound projects connected with Commonwealth Games-2010 and other projects.

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April 02, 2008

Era Infra secures construction orders | INRnews

Mumbai, India, April 02, 2008 - Era Infra Engineering Ltd has announced that the Company has secured an order valued at approximately Rs 4 crore from Jeet builders Pvt Ltd for supply of Ready Mix Concrete (RMC) for the construction of multi storied residential complex at Greater Noida.

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Era Infra secures construction orders | INRnews

Mumbai, India, April 02, 2008 - Era Infra Engineering Ltd has announced that the Company has secured an order valued at approximately Rs 4 crore from Jeet builders Pvt Ltd for supply of Ready Mix Concrete (RMC) for the construction of multi storied residential complex at Greater Noida.

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Era Infra secures construction orders | INRnews

Mumbai, India, April 02, 2008 - Era Infra Engineering Ltd has announced that the Company has secured an order valued at approximately Rs 4 crore from Jeet builders Pvt Ltd for supply of Ready Mix Concrete (RMC) for the construction of multi storied residential complex at Greater Noida.

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March 31, 2008

L&T E&C division bags Rs 576cr order from HPCL | INRnews

Mumbai, India, March 31, 2008 - Larsen & Toubro (L&T) India’s leading engineering, technology and construction company, has been awarded a Rs 576 crore order by Hindustan Petroleum Corporation Limited (HPCL).

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L&T E&C division bags Rs 576cr order from HPCL | INRnews

Mumbai, India, March 31, 2008 - Larsen & Toubro (L&T) India’s leading engineering, technology and construction company, has been awarded a Rs 576 crore order by Hindustan Petroleum Corporation Limited (HPCL).

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March 24, 2008

Nagarjuna Construction & Maytas Infra partner with Paschal-Werk G. Maier GmbH, Germany to establish a state-of-the-art Formwork Factory in Vizag | INRnews

Visakhapatnam, India, March 24, 2008 - Nagarjuna Construction Company Ltd has announced that the Company and Maytas Infra Ltd, two of India's leading Construction and Infrastructure Companies, on March 24, 2008 announced that they have together entered into a partnership with Paschal-Werk G.Maier GmbH, which is one of the World's leading Formwork (shuttering) Companies from Germany, to establish a factory in Vizag which will manufacture Formwork (Modular Shuttering Systems).

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March 23, 2008

GMR Infrastructure - GMR-Limak-MAHB Consortium signs Implementation Agreement for Istanbul International Airport | INRnews

New Delhi, India, March 23, 2008 - GMR Infrastructure Ltd has announced that the winning consortium of GMR Infrastructure Ltd (GMR), Limak Insaat San.Ve Tic. A.S(Limak) and Malaysia Airports Holding Berhad (MAHB) signed the Implementation Agreement with the Turkish Government's Ministry of Defence on March 20, 2008 for Istanbul Sabiha Gokcen International Airport (SGIA) in Turkey.

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March 05, 2008

Nagarjuna Construction secures three new orders | INRnews

Mumbai, India, March 05, 2008 - Nagarjuna Construction Company Ltd has announced that the Company has secured three new orders aggregating Rs 424 crores. The first order valued at Rs 266 crores is secured from the Commissioner, Indore Municipal Corporation, Indore for construction of Sewerage System & allied works to be completed over a period of 36 months. The second order is from the MMRDA (Mumbai Metropolitan Region Development Authority), Mumbai, Maharashtra for construction of Flyovers on Dr. Babasaheb Ambedkar Marg valued at Rs 112 crores to be completed over a period of 18 months and the third order valued at Rs 46 crores is secured from the Volkswagen India Pvt Ltd., Chakan, MIDC, Pune, Maharashtra for construction of Body Shop hall to be completed over a period of 12 months.

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January 29, 2008

Unity Infraprojects wins Rs 125 crore contract | INRnews

Hyderabad, India, January 29, 2008 - Unity Infraprojects Ltd has announced that the Company has received the "Notification of Award" through the Hospitals Services Consultancy Corporation on behalf of Ministry of Health & Family Welfare, Government of India and Nizam Institute of Medical Sciences, Hyderabad, for "Construction of Speciality Hospital and Accident (Trauma) & Emergency Hospital for upgradation of Nizam Institute of Medical Sciences, Hyderabad". The Contract Value is Rs 125.90 crores to be completed in a period of 15 months.

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January 21, 2008

Nagarjuna Construction wins Rs 502 crore projects | INRnews

Hyderabad, India, January 21, 2008 - Nagarjuna Construction Company Ltd (NCC) has recently bagged six new orders valued at Rs 502 Crores as per details given below :

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Unity Infraprojects wins Rs 102 crore construction project in Pune | INRnews

Pune, India, January 21, 2008 - Unity Infraprojects Ltd has announced that the Company has received the Letter of Intent dated January 16, 2008 from Magarpatta Retail Pvt Ltd for Civil Construction works of the proposed building for Magarpatta Retail Mall Project at Magarpatta City, Hadapsar, Pune. The Contract Value is Rs 102.14 crores (exclusive of VAT (WCT) & service tax) and the project is to be completed with 9.5 months from commencement of work.

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January 10, 2008

L&T bags orders of over Rs 3500 crore | INRnews

Larsen & Toubro’s (L&T) Construction Division has recently secured orders on Design and Build/Turnkey basis from leading Developers/ Owners. Prominent amongst these include Rs. 2000 crore orders from M/s. Kingston Properties Pvt. Limited for construction of various office & residential buildings in Mumbai, to be developed in a span of 4 years.

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Supreme Infra bags Rs 71.99cr contract from Thane Coporation | INRnews

Mumbai, India, January 10, 2008 - Supreme Infrastructure India Ltd (SIIL), an infrastructure development company engaged in civil construction activities, has bagged a building construction contract worth Rs 71.99 crores from Thane Municipal Corporation (TMC). This is in Joint Venture with M/s. Chawla Interbild. This work of construction of RCC building in Thane City (Tulsidham) is part of BSUP scheme. The contract will be executed in a period of 18 months.

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December 28, 2007

Unity Infraprojects wins mall project in Kurla, Mumbai | INRnews

Mumbai, India, December 28, 2007 - Unity Infraprojects Ltd has announced that the Company has received the Letter of Intent from Offbeat Developers Pvt Ltd, Mumbai for Civil Construction Work for construction of Mall named Market City, at Kurla, Mumbai. The Contract Value of the Project is Rs 57.41 crores (Rupees Fifty Seven Crores and Forty One Lakhs Only) excluding the cost of concrete and it is to be completed within 15 months.

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December 27, 2007

Akruti-DLF Bags Prestigious BAI Universal Award 2007 | INRnews

Mumbai, India, December 27, 2007 - DLF Akruti Info Parks (Pune) Ltd., a joint venture SEZ project between Akruti City Ltd. and DLF has bagged the prestigious ‘BAI Universal Award 2007 for Best Equipped and Mechanized Site’. The joint venture SEZ project, currently under construction at the Rajiv Gandhi Infotech Park, Phase II, Hinjewadi, was identified for the award.

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December 19, 2007

Simplex Infrastructures - Rs 400 crore equity issue | INRnews

Mumbai, India, December 19, 2007 - Simplex Infrastructures Ltd has announced that the Board of Directors of the Company has approved allotment of 64,00,000 equity shares of Rs 2/- at Rs 625/- each amounting to Rs 400 crores to the Qualified Institutional Buyers under QIP. This new issue accounts for 13% of the expanded capital.

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December 17, 2007

Omaxe bids for projects in Delhi and Noida | INRnews

New Delhi, India, December 17, 2007 - Omaxe Ltd has announced that the Company has, on December 15, 2007, through a consortium comprising of its wholly owned subsidiary M/s. Omaxe Infrastructure & Construction Pvt Ltd and M/s. GVK Power & Infrastructure Ltd, submitted a Bid / RFQ with The National Highway Authority of India (NHAI) to undertake development of Badarpur Highway Elevated Project (consisting of construction of elevated Road of 4.4 kms in the Delhi Agra Section) through Private Participation on 'Build, Operate and Transfer' (BOT) basis.

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December 07, 2007

Parsvnath Developers awarded construction contract in Uttar Pradesh | INRnews

New Delhi, India, December 07, 2007 - Parsvnath Developers Ltd has announced that the Company has been awarded a contract for construction and development of Footwear Design & Development Institute at Fursatganj, Rae bareli, Uttar Pradesh (FDDI) by FDDI, Ministry of Commerce, Government of India, A-10A, Sector 24, Noida — 201 301 worth Rs 47 Crores, approximately and the scheduled date of completion would be end November, 2008.

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December 04, 2007

India will rein in runaway cement prices: minister | INRnews

New Delhi, India, December 04, 2007 - The government will not allow cartelisation of cement prices and will take necessary measures to control them, Minister of State for Industries Ashwani Kumar said Tuesday.

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J Kumar Infraprojects to enter capital market | INRnews

Mumbai, India, December 04, 2007 - J. Kumar Infraprojects Limited (the "Company"), an ISO 9001:2000 certified civil engineering and infrastructure development company with a primary focus on development of roads, flyovers, bridges, railway over bridges, irrigation projects, commercial and residential buildings, railway buildings, sports complexes and airport runways, has filed its Draft Red Herring Prospectus ("DRHP") with the Securities and Exchange Board of India ("SEBI"). It will enter the capital market soon with an Initial Public Offering ("IPO") of 65,00,000 equity shares of Rs 10 each for cash at a price ("Equity Shares") to be decided through a 100% book-building process.

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November 29, 2007

3i India Infra Fund to invest US$101m in Soma Enterprise | INRnews

Hyderabad, India, November 29, 2007 - 3i India Infrastructure Fund (the “Fund”), an investment fund established by 3i Group plc (“3i”), a leading global private equity and venture capital company, has invested US$101 million for a minority stake in Soma Enterprise Limited (“Soma”), a Hyderabad-based engineering and construction firm. Company director Ankineedu Maganti and his family will maintain a large majority stake in the business.

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November 24, 2007

Simplex Infra bags Rs 580cr worth ICTT project at Kochi | INRnews

Kochi, India, November 24, 2007 - Simplex Infrastructures Ltd., one of India’s leading infrastructure solutions providers, today, has been awarded the largest marine project, ICTT Kochi Phase 1A Civil Works, at Kochi by DP World. The project is worth Rs. 580 crore and is proposed to be completed within a period of 24 months.

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November 20, 2007

Leighton International appoints President of its Indian operations | INRnews

New Delhi, India, November 20, 2007 - Leighton International has announced the appointment of Vineet Mohan as President of its operations in India.

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November 17, 2007

India poised to emerge as manufacturing hub for ECE | INRnews

Bangalore, India, November 17, 2007 - India is poised to emerge as a global manufacturing hub for Earthmoving and Construction Equipment industry and a centre for design and R & D for ECE Industry.   This was reverberated during EXCON 2007 Conference on opportunities and challenges in the ECE Industry organized by the Confederation of Indian Industry (CII) in association with the Indian Earthmoving & Construction Equipment Association Ltd (IECIAL).

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November 15, 2007

Simplex Infrastructures wins road contracts worth Rs 680 crore | INRnews

Mumbai, India, November 15,  2007 - Simplex Infrastructures Ltd has announced that it has bagged two contracts aggregating Rs 680 crore for design and construction of eastern freeway from Museum to Anil Panjarapole Link Road and for design and construction of flyover on D r. Babasaheb Ambedkar Road under Package II.

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L&T-Paul Wurth consortium bags Rs 580 crore order from SAIL | INRnews

Chennai, India, November 15, 2007 - L&T Ltd has announced that the company in consortium with Paul Wurth has bagged a Rs 580.74 crore order from SAIL for upgradation of blast furnace No 2 at Bokaro Steel Plant on a turnkey basis. The project is to be completed in 21 months.

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November 14, 2007

Indian earthmoving & construction equipment (ECE) industry to grow 5-fold by 2015 : Mckinsey | INRnews

Bangalore, India, November 14, 2007 - Indian Earthmoving and Construction Equipment Industry (ECE), is at a watershed in its evolution and set to experience strong growth, spurred by the nation’s rapid economic development. According to the study, ECE Vision 2015: Scaling new heights in the Indian Earth Moving and Construction Equipment Industry, conducted by leading management consulting firm, McKinsey & Company, for CII, IECIAL, released today at the CII Excon 2007 in Bangalore, the Indian ECE industry has the potential to grow fivefold from its current size of US$2.3 billion to approximately US$12–13 billion by 2015, growing at 24% CAGR.

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CII EXCON 2007 – Asia's 3rd largest expo on construction equipment industry inagurated | INRnews

Bangalore, India, November 14, 2007 - "Karnataka has always been at the forefront of industrial growth in India. With its inherent capabilities coupled with its enterprising citizens, the State provides the ideal choice for investment opportunities", said   H.E. Mr Ramehswar Thakur, Governor of Karnataka while delivering the Inaugural Address at Excon 2007 - India's largest construction equipment and construction technology trade fair being organized by the Confederation of Indian Industry (CII) between 14-18 November 2007 at the Bangalore International Exhibition Centre, Bangalore.

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