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Construction & Infrastructure News

SSWL to spend Rs 50 million to expand production capacity

September 2014

Steel Strips Wheels Ltd (SSWL) plans to increase its production capacity by 1.5 mn wheels annually in order to cater OEMs demand. The new capacity wi...

Wheels, Production, Capacity, OEM, Expansion, Project

Centre directs Maharashtra Government to rehabilitate slum dwellers around the Mumbai airport

September 2014

More than 309 acre of land around the Chhatrapati Shivaji International Airport (CSIA), Mumbai is occupied by the slum dwellers. The Civil Aviation m...

Chhatrapati Shivaji International Airport, Slum Rehabilitation, Expansion, Development

Ceat Ltd plans to raise Rs 5,000 million

August 2014

Tyre maker Ceat Ltd has plans to raise upto Rs. 5,000 million by issuing securities including equity shares, foreign currency convertible bonds, Amer...

Ceat Ltd, Securities, Automotive Tyres, Tubes, Flaps, Tyre Maker, Manufacturing, Finance Expansion, Equity Shares, American Depository Receipts

Paytm in talks with Asian PE firm to raise fund

August 2014

Paytm is a mobile commerce company has plans to raise US$350 million and is in talks with Asian private equity firms for the same. The fund will be u...

Deals, Mobile Commerce, Paytm, Logistics, Technology, Geography, Courier, Expansion, Equity

Lanco Infratech sells Udupi Power plant to Adani

August 2014

Lanco Infratech Ltd (LITL), the leading integrated infrastructure player in India having business verticals in EPC, Power, Solar, Natural Resources a...

Infrastructure, Udupi Power, Plant, Expansion, Project

Lanco Infratech sells Udupi Power plant to Adani

August 2014

Lanco Infratech Ltd (LITL), the leading integrated infrastructure player in India having business verticals in EPC, Power, Solar, Natural Resources a...

Infrastructure, Udupi Power, Plant, Expansion, Project

Lanco Infratech Sells Udupi Thermal Power plant to Adani Power

August 2014

Lanco Infratech Ltd has sold a 1,200-megawatt (MW) Udupi Thermal Power plant in the southern state of Karnataka to Adani Power Ltd. The deal is value...

Deals, Lanco Infratech Ltd, Thermal Power Plant, Adani Power Ltd, Fuel Linkages, Debt, Expansion

TNPL plans to increase cement plant capacity

August 2014

Tamil Nadu Newsprint & Papers Ltd has informed in a BSE filing that the company has set up a Cement Plant of a capacity of 600 MT per day for produci...

Cement, Capacity, Expansion, Flyash
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