Elecon Engineering Company Ltd, India's largest Material Handling Equipments, Industrial Gears and Transmission Products manufacturer has been awarded prestigious orders worth Rs 22 crore from Adani Power Ltd of Adani Group.

The scope of the order includes design, supply, erection, testing and commissioning of material handling systems at Mundra.

It may be noted that, In Decemeber 2008, Elecon Engineering bagged a similar order Rs 120 crore from Mundra port and Special Economic Zone of Adani Group.

Renowned Indian construction firm, Jaiprakash Associates would merge Jaypee Hotels (JHL), Jaypee Cement (JCL), Gujarat Anjan Cement (GACL) and Jaiprakash Enterprises (JEL) with the flagship public-listed company Jaiprakash Associates (JAL). The meager is aimed to insulate the business from the impact of the global slowdown as there is a huge demand-supply mismatch in different geographical regions. All companies under a single roof would allow better control over subsidiaries, allowing better economic management and business effectiveness.
 

Engineering and construction major Punj Lloyd Ltd has secured an order worth Rs 303.95 crore for construction related work from Municipal Corporation of Delhi.
The scope of work includes development of parking facility near Jawaharlal Nehru Stadium for the forthcoming Commonwealth Games-2010.
Earlier this month, Punj Lloyd, one of the most dynamic and successful companies in Infrastructure sector in India, has signed a memorandum of understanding with the US-based nuclear energy company Thorium Power Ltd to jointly explore the possibilities of nuclear fuel generation in India.

Gurgaon-based infrastructure development company C&C Constructions Ltd has received an order worth Rs 781 crore for a dedicated freight corridor from New Karwadiya to New Ganj Khwaja in Bihar.

This work is of 105 kilometers on the Mughal-Sone section of the Eastern Corridor, which has to be finished by the next 36 months.

The project will be carried out in company with its joint venture partner M/s BSCPL Infrastructure Ltd.

M/s BSCPL Infrastructure Ltd is equal partner in this contract.

Engineering and construction major, Larsen & Toubro (L&T) has received three orders worth Rs 1,372 crore from three different steel companies for engineering related works.

The company has received an order worth Rs 516 crore from Vedanta Aluminium for setting up of an alumina refinery at its three-million-tonne-per-annum (MTPA) Lanjigarh plant in Orissa.

The scope of the order, which would be completed in 20 months, involves civil, structure, tanks, equipment erection, piping and commissioning assistance for the alumina refinery.

The growth index of six core industries declined to 3.4 per cent in Octobe,r as compared to 4.6 per cent in the same month last year. The decline is reported, following slow in demand and production cuts imposed by various core sectors. Steel production recently imposed a 20 percent production cut due to the decline   in infrastructure sector as per data released by the commerce and industry ministry.