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Construction & Infrastructure News

Budget Reactions | Miscellaneous

February 2018

This is a Budget for ‘New India’; it is an aspirational Budget that will help stimulate the market. Excise duty on petroleum products has been readju...

Budget, New India, LPG connections, Sunil Kant Munjal, MSME, Mudra scheme, infrastructure projects, Sumit Joshi, Philips Lighting India, Mehernosh Pithawalla, Godrej Security Solutions, Indian Railways Station Development, CCTVs, Safety First, KEF Holdings

Essar planning to sell office buildings

February 2018

Essar Group is reportedly in talks with global investment firm Brookfield to sell its 1.25 mn sq ft Equinox Business Park at Bandra-Kurla Complex in ...

Essar Group, Equinox Business Park

Essar Ports completes over Rs 28-bn capex

January 2018

Essar Ports has completed its Rs 28 billion planned investment in its Vizag and Salaya terminals. The company plans further investments to increase i...

Essar Ports, Capex, Cargo, LNG

EOSIL awarded contract by ONGC

January 2018

Essar Oilfields Services India Limited (EOSIL) announced that it has been awarded a one-year, Rs 32-crore contract by ONGC to drill 30 wells at the l...

Essar Oilfields Services India Limited, CBM, ONGC, Essar Wildcat, Oil India, Mercator Petroleum

Essar Port to complete Rs 830 crore expansion at Vizag terminal

December 2017

The Vizag port run by the Essar Group will reportedly be shutting its operation for a week prior to the commissioning of a new 8,000-tonne per hour s...

Essar Group, Vizag port, Ship loader

Ghogha-Dahej ferry in Gujarat inaugurated

October 2017

Essar projects has completed construction and design of their roll-on-roll-off terminals at Ghogha and Dahej ports. These ports were both components ...

Essar projects, Dahej ports, Components, GMB, Narendra Modi, Gulf of Cambay, EPC Constructions India

Companies with large debt face risk of default

September 2017

The preliminary challenge in investing in companies already under insolvency proceedings is - reversal of the order by appellate authority viz. NCLAT...

Ashish Parwani, NCLAT, Supreme Court, Rajani Associates, IBC, Monnet Ispat, Bhushan Steel, Essar Steel, Jaypee Infratech, Bhushan Power, Bhushan Steel, Electrosteel Steel, Monnet Ispat
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