CONSTRUCTION

Bullet Train Project: 7 cos willing to construct underground station at BKC

At least seven Indian companies have shown interest for the construction of the underground station at the BKC in Mumbai for the ambitious ...

L&T bags Uttarakhand rail project from Rail Vikas Nigam

The order entails heavy civil infrastructure work for a new broad-gauge line between Rishikesh and Karanprayag in the state of Uttarakhand,...

Dilip Buildcon incorporates SPV for road project worth Rs 882 crore

"The company has incorporated a special purpose vehicle (SPV) for a new HAM (hybrid annuity mode) project named as Dhrol Bhadra Highways as...

Gayatri Projects declared L-1 bidder for a road project worth Rs 1,323.52 crore

The company has been declared as L-1 bidder for development of six-lane access controlled highway in Uttar Pradesh portion of Delhi Saharan...

L&T says bagged power T&D, water project jobs for up to Rs 2,500 cr

The orders would be executed by L&T’s construction division. While L&T did not does not disclose the financial consideration for the orders...

Ahluwalia Contracts bags construction orders worth Rs 310 crore in Bhubaneshwar

In a regulatory filing, Ahluwalia Contracts (India) Ltd said it "has secured new order aggregating to Rs 309.44 crore (approx.) for constru...

Essar Projects wins USD 62 million contract from Papua New Guinea

The contract was won via an international competitive bidding route following a stringent multi-stage short listing and approval process, i...

Daily wages rise in construction with labour shortage

Construction is the largest employer of the country’s blue-collar workforce and is mostly informal in nature – a majority of them are daily...

JCB India : Construction equipment industry to grow in FY21

​​The recovery in the second quarter helped reduce the fall to 35% for the first half. Added demand during the festive period further reduc...

L&T bags contract to construct country's longest river bridge across Brahmaputra between Dhubri & Phulbari

​​"The 19 km-long bridge will be built along National Highway 127-B and will feature a navigation bridge of 12.625 km, approach viaducts of...

State-owned construction firm, NBCC, bags orders worth Rs 1,165 crore in October

Total income stood at Rs 1,426.27 crore in the second quarter of this fiscal year as against Rs 1,720.46 crore in the corresponding period ...

Construction equipment sales grow in Q2 due to increase in govt spends on infrastructure

Sales of construction equipment had dropped 60% in the fiscal first quarter. The recovery, both sequentially and year-over-year, in the Jul...

Xander Group set to make over Rs 700 crore exits from Rustomjee projects

The alternative investment firm had invested around Rs 370 crores in 2014 through non-convertible debentures in Kapstone Constructions, whi...

PNC Infratech lowest bidder for Rs 1,001 cr proj in Andhra Pradesh

The engineering, procurement, and construction (EPC) project by the Water Resources Department of the state pertains to upgradation of an e...

The impact of pollution in NCR: Developers install anti-smog guns and cameras at construction sites

With no construction activity during the majority part of the last year, first due to pollution ban and then due to lockdown, the developer...

L&T Construction bags orders for its metallurgical, material handling business

The company did not provide the value of the contracts but said the orders fall under the 'significant' category, which ranges between Rs 1...

Govt considering to permit FDI for LLPs in construction development

​​At present, FDI is permitted under the automatic route in LLPs that are operating in sectors where 100 per cent foreign direct investment...