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Construction & Infrastructure News

Payment delays increase risk and project costs for solar and wind projects in many states

April 2017

Payment delays by distribution companies (DISCOMS) continue to pose a challenge for the growing renewable energy sector in India as it tries to achie...

DISCOMS, Renewable energy sector, SECI, REWA, Investment, MSEDCL, Power generation, Jharkhand Urja Vitran Nigam, Damodar Valley Corporation, Coal India, TANGEDCO, PPA, MAHAGENCO, Raj Prabhu, Mercom Capital Group

L and T arm wins Rs 5,250-cr order from Qatar Water Corp

April 2017

Engineering conglomerate Larsen & Toubro’s construction arm has secured its single-biggest order worth Rs 5,250 crore from Qatar General Electricity ...

Engineering conglomerate, Larsen and Toubro construction, Qatar General Electricity, Water Corporation, Power transmission, S N Subrahmanyan

Essar Power's generation up 49percent in 2016-17

April 2017

Essar Power has delivered a strong operational performance in 2016-17, with its power generation moving up 49 per cent. Apart from generating more po...

Paradip power plant, Generation, Hazira power plant

Infrastructure sector sees deals worth $3.49 billion in FY17

April 2017

The infrastructure sector raised a total of $3.49 billion across 33 transactions in FY17 compared with $2.98 billion raised in 31 transactions in FY1...

Infrastructure, Equirus Capital, Power, Roads, Renewables sectors, PE investments, Private Equity

544 ULBs sign MoUs with EESL for LED streetlights

April 2017

A total of 544 Urban Local Bodies (ULBs) have entered into an implementation agreement with Energy Efficiency Services Limited (EESL) for replacement...

Urban Local Bodies, EESL, LED streetlights, Power, Coal, New and Renewable Energy, Mines, Piyush Goyal, EESL

Centre releases details on nuclear energy generation

April 2017

The electricity generation from nuclear power in the last two years, i.e., 2014-15 and 2015-16, was 37,835 million units (MU) and 37,456 MU respectiv...

Electricity generation, MoU, DoNER, Rajya Sabha, Atomic Energy, Dr Jitendra Singh, Nuclear power generation

Nitin Gadkari wants more powers to NHAI to fast-track projects

April 2017

A proposal to enhance National Highways Authority of India (NHAI) powers has already been sent to the Cabinet for approval. Reportedly, while Union M...

National Highways Authority of India, Nitin Gadkari, Power, MoRTH, Cabinet approval

One year after launch, UDAY yet to make a big impact

April 2017

Dismal DISCOM (distribution company) credit profiles due to high debt, heavy losses and poor operational efficiencies affects every aspect of the Ind...

Dismal DISCOM, Indian power sector, Generators, UDAY, Technical, Commercial, Average Cost of Supply, DHBVNL, Manipur DISCOM, MSPDCL, MoU, MNRE, Distribution, SBPDCL, UPPCL
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