Infrastructure Sector

Punj Lloyd terminates JV with Swissport International

Punj Lloyd terminates JV with Swissport InternationalPunj 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. 

BMC declined MMRDA request

Mumbai Metropolitan Regional Development Authority (MMRDA) and the BMC declined MMRDA requestBrihanmumbai Municipal Corporation (BMC) are again in lime light over ambitious road widening project under the Mumbai Urban Infrastructure Project (MUIP). The MMRDA has written a letter to BMC requesting it to take charge of 12 roads out of 18 roads. 

These roads are main Link Road, SV Road, Sion-Dharavi Link Road, Saki Vihar Road, Mahakali Caves Road, Marol-Maroshi Road, Sahar Airport Road, Dhaku Road (near Seepz), Goregaon-Mulund Link Road, extension of Jogeshwari-Vikhroli Link Road, N S Phadke Marg and Andheri-Kurla Road.

Era Infra JV bags order worth Rs 113 crore

Era Infra Engineering Ltd, a unified infrastructure development Era Infra JV bags order worth Rs 113 crore

Government Includes New Sectors Under ECB

Government Includes New Sectors Under ECBThe government of India has expanded the definition of “infrastructure” under the external commercial borrowing (ECB) policy. Infrastructure would now include power, telecommunication, railways, roads including bridges, sea ports and airports, industrial parks, urban infrastructure (water supply, sanitation and sewage projects), mining, exploration and refining sectors.

Everonn System gets LoI for the contract worth Rs 6.85 crore

Everonn System gets LoI for the contract worth Rs 6.85 crore

Consolidated Construction pockets order worth Rs 1212 crore

Consolidated Construction pockets order worth Rs 1212 croreConsolidated Construction Consortium Ltd (CCCL), a Chennai-based company specializing in the building and factory segment of the construction industry, has won an order worth Rs 1,212 crore order from the Airports Authority of India (AAI) for the expansion of Chennai Airport Terminal.

The project has been awarded mainly for the development of Kamaraj Domestic Terminal (74,527sq metres) Phase II, expansion of existing Anna International Terminal (65,000 sq metres). 

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