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Construction & Infrastructure News

Piramal to apply to NHB to enter housing finance business

January 2017

Piramal Enterprises has announced its plans to enter the retail housing finance business. Piramal Finance, its 100 per cent subsidiary, will further ...

Piramal Enterprises, HFC, NHB, Piramal Finance, Lease rental discounting, Commercial projects, Financing construction, Home buyer

Engineers India bags orders worth Rs 2,500 crore from HPCL

January 2017

Engineers India has bagged orders from HPCL for execution of the Vizag Refinery Modernisation Project (VRMP). EIL will execute the project contract u...

HPCL, Engineers India, Vizag Refinery Modernisation Project, EIL, PMC Services, Mechanical, EPC contractor Completion, petroleum refining, petrochemicals, pipelines, Oil, Gas terminals, Storages, Fertilizers, Mining

HCC bags Rs 369-crore IRCON contract

January 2017

Hindustan Construction Company (HCC) has bagged a Rs 368.6 crore contract from IRCON International for construction of the cable stayed bridge includ...

HCC, Contract, Construction, Project, Anji Khad, Arun Karambelkar, Indian Railways, IRCON

Engineers India bags HPCL order

January 2017

Hindustan Petroleum Corporation (HPCL) has awarded the project for execution of Vizag Refinery Modernisation Project (VRMP) to Engineers India (EIL)....

EIL, Refinery, Project, Construction, Mechanical Completion

NHAI unlikely to meet the award and execution target for FY2017

January 2017

In August 2016, the Cabinet Committee on Economic Affairs (CCEA) had authorised the NHAI to monetise public funded National Highway (NH) projects, wh...

Cabinet Committee on Economic Affairs, National Highway, K Ravichandran, ICRA, NHAI, Shubham Jain, EPC projects, MoRTH

Banks must pass on rate cuts to revive real estate growth

January 2017

The Modi government’s demonetisation exercise will hit the real estate sector hard- in short lived – as it has consistently seen a very large compone...

Real estate growth, Black money, Cash transactions, Anuj Puri, JLL India, M3M Group, EMI, Mahindra Lifespaces, Tata housing, Shapoorji Pallonji Group, Assetz property Group, Puravankara Projects, investment Atul Bansal, Nisus Finance Services, Bank Eagle Capital

Navi Mumbai airport bids likely in Jan 2017

January 2017

According to reports, the financial bids for the proposed Navi Mumbai International Airport (NMIA) is likely to be opened in the first or second week...

Airport, Construction, New projects, Navi Mumbai International Airport, CIDCO, RFQ

ALE launches new light crane

January 2017

ALE has launched lightweight service crane for lifting in confined spaces on offshore and civil construction projects. Its latest design is for a rel...

ALE, Cranes, Aluminium, Offshore, Civil Construction Projects, Steel
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