In an attempt to start new infrastructure projects in India, Delhi-based realty company Parsvnath Developers, has finalized a tie-up with Constructora San Jose, a unit of Spain's infrastructure development company Grupo San Jose. Parsvnath and San Jose would hold equal equity in the joint venture company San Jose-Parsvnath Consortium.
informed the Bombay Stock Exchange (BSE) that it has bagged three orders worth Rs 937 crore in water business, during September and October 2008 in Delhi and Andhra Pradesh.
This order is in addition to the EPC project worth Rs 582 crore that the engineering major secured from the Hyderabad Metro Water Supply and Sewerage Board; and two EPC projects worth Rs 355 crore from the Delhi Jal Board.
Larsen & Toubro, India’s leading Technology, Engineering & Construction Company along with its Malaysian partner Scomi Engineering Bhd has secured an order worth Rs 2460 crore from the Mumbai Metropolitan Region Development Authority (MMRDA) to implement the country’s first Monorail System in Mumbai.
The consortium bagged the said contract by beating Reliance-Hitachi Consortium’s bid.
IVRCL Infrastructure & Project Limited has informed that the company has bagged a lift irrigation project worth Rs 893 crore from the Government of Andhra Pradesh, Irrigation & CAD Department.
Punj Lloyd Group, a leading engineering procurement & construction (EPC) and project management services company has informed that its wholly-owned subsidiary Sembawang Engineers & Constructors Pte Ltd (Sembawang) has entered into a JV with Dayim Al-Haditha (Dayim).
Under the arrangement, Sembawang will hold 49 per cent stake while Dayim will hold 51 per cent stake in the joint venture company christened “Dayim-Sembawang Engineering LLC”.
Maytas Infra Limited, A Hyderabad-based infrastructure Development Company, has bagged a Rs 39 crore order from South West Infrastructure Private Ltd., a group company of Jindal Steel Works (JSW).
This is Maytas Infra’s second order from Jindal Steel Works.
The recent order involves construction of township for the employees of JSW Power Project coming up near Rathnagiri district of Maharashtra State in an area of 11,000 sq. mts. The project entails construction of 3BHK units of 18 flats, 2 BHK units of 132 flats, and 96 Hostel units.