Manganese and chrome alloy producer Nava Bharat Ventures has informed that their Consortium comprising Maytas Infra Limited, Ital Thai Development Public Company Limited and Infrastructure Leasing and Financial Services Limited ('NMII Consortium') has received a Letter of Award (LoA) from Government of Andhra Pradesh (GoAP) for undertaking the development of the Hyderabad Metro Rail (MRTS) Project on Design, Build, Finance, Operate and Transfer (the "DBFOT") basis.
Infrastructure firm Hindustan Construction Company -led joint venture has bagged a contract worth Rs 1,398.50 crore from Andhra Pradesh Government for irrigation project.
The order, part of the J Chokka Rao Devadula Lift Irrigation Scheme, has been awarded by the Irrigation & Command Area Development (ICAD) department of the Government of Andhra Pradesh.
HCC has a share of 45% or Rs 629.33 crore in the total value of the contract.