PBA Infrastructure Ltd (PBA) has informed that company’s Joint Venture christened "PBA-CONSITE" has received two orders worth Rs 44.99 crore from Mumbai Metropolitan Region Development Authority.

Further PBA Infra stated that it has 60% share in these two awarded contract. 

The JV has secured first contract worth Rs 15.81 crore for construction of skywalk at Ulhasnagar (East), in which PBA Infra has 60% share, valued at Rs 9.49 crore. 

While, the second contract worth Rs 29.17 crore has bagged for construction of Skywalk at Ulhasnagar (West). PBA Infra 60% share valued at Rs 17.50 crore.

Hindustan Construction Company (HCC), one of the leading construction and civil engineering firm, has received a Letter of Intent from Lanco Infratech Ltd.

Punj Lloyd, a leading engineering procurement and construction (EPC) and project management services company, has decided not to pursue the ground handling opportunities in the Indian aviation sector with Swissport International, and has agreed to terminate the Joint Venture.

The company had entered into a JV with Swissport International in June 2006 to develop projects in the Indian cargo and ground handling sector.