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Construction & Infrastructure News

MbPT to free 150 hectares for infra projects

October 2016

Mumbai Port Trust (MbPT) will free 150 hectares from its land parcel for iconic infrastructure projects such as entertainment hubs and all weather ma...

Mumbai Port Trust, Iconic infrastructure projects, Sanjay Bhatia, Marina project, Princess dock, NCPA, Mumbai Trans Harbour Link

Aggressive bidding seen for EPC projects in road sector

October 2016

Limited investments across the sectors, given the muted private sector spending, is driving the Engineering, Procurement and Construction (EPC) playe...

Limited investments, EPC, Infrastructure projects, Road sector, NHAI, ICRA, Shubham Jain, Non-moving projects

GST may be disruptive for the next two-three years for certain sectors

October 2016

In general, our view is that GST is going to bring in a lot of efficiencies as far as logistics goes and logistics also has a direct bearing on the c...

GDP growth, Sandeep Upadhyay, Centrum Infrastructure Advisory Ltd, GST, Renewable energy, IRR, NPV, Infrastructure projects, Logistics segment, EPC, Balance sheet, Nitin Gadkari

Patel Engineering bags Rs 2,500 crore arbitration award

September 2016

Construction company Patel Engineering has won arbitration awards of over Rs 2,500 crore and expects its debt to halve on Cabinet's decision to reviv...

Construction, Patel Engineering, Cabinet, Arabian Gulf, Infrastructure projects, Balance sheet

Gujarat Government identifies more than 200 infra projects for foreign investment

September 2016

The Gujarat Government has identified more than 200 infrastructure projects for foreign investment. More than 200 infrastructure projects have been i...

Gujarat Government, Infrastructure projects, Foreign investment, Bharat Lal, Ausaf Sayeed, IT, ITeS, healthcare, Renewable energy, Food processing, Petrochemicals, GIFT City, Ajay Kumar Pandey, USIBC, FICCI

India’s real estate and construction sector to generate 75 million jobs by 2022

September 2016

The real estate and construction sector in India is expected to be the third largest globally by 2030, contributing over 15 per cent to Indian GDP an...

Real Estate, Construction sector, GDP, KPMG, NAREDCO, AMRUT, HRIDAY, REITs, GST, Smart Cities, Housing for All, Solid Infrastructure Projects, FDI, Neeraj Bansal, Building

Cost overruns for infra projects

September 2016

As many as 101 infrastructure projects sized Rs 1,000-crore and above have reported a cost overrun of Rs 1.29 lakh crore....

Infrastructure Projects, Infra Projects, Power, Railways, Roads

forty one-km ring road to come up in Khammam, Hyderabad

September 2016

A 41-km ring road would be constructed in Khammam, Hyderabad, to ease traffic congestion in the district headquarters town. The state government has ...

Khammam, Hyderabad, Vijayawada-Jagdalpur, Ring road, Central Government, Road Infrastructure Projects
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