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EPC DISPUTES RESOLUTION
Vikram Solar shares fall 3% after NCLT admits insolvency petition against the company. Here's whyVikram Solar shares declined after the NCLT admitted an insolvency petition filed by Isitva Steels over alleged dues linked to civil works ...- Dalmia Bharat nears deal for JAL cement assets after Adani insolvency takeover: sourcesDalmia Bharat is set to acquire Jaiprakash Associates' cement assets for over Rs 2,500 crore. This follows Adani Group's acquisition of Jai...
- BOT snub: Rs 22,000 crore highway projects fail to attract bidsPrivate companies are shying away from four major highway projects totaling ₹22,000 crore. Concerns over contract terms, especially dispute...
- Highway builders oppose move to end arbitration in ₹10 crore-plus disputes, seek clarity from FM SitharamanThe National Highway Builders Federation (NHBF) has opposed the road transport ministry’s decision to end arbitration for disputes involvin...
- National Highway builders ask Finmin to clarify arbitration orderThe National Highway Builders Federation has urged the finance ministry to clarify its order ending arbitration for highway projects. The f...
- Govt said to have ruled out arbitration for highway disputes above Rs 10 croreThe Union road transport ministry has removed arbitration for highway disputes exceeding Rs 10 crore, opting for conciliation or mediation ...
- Vedanta shares rise 2% as subsidiary settles long-standing EPC disputesVedanta's shares experienced a surge of 2.2% following its subsidiary, Talwandi Sabo Power Limited (TSPL), reaching a settlement agreement ...
- Vedanta settles dispute with Chinese firm SEPCO ElectricVedanta has settled its long-standing dispute with Chinese firm Sepco Electric, clearing the way for its revenue-stream demerger, now expec...
- Adani submits unconditional bid for Jaiprakash AssociatesAdani Group has placed an unconditional bid of ₹12,600 crore for Jaiprakash Associates amidst its insolvency resolution. Other contenders l...
- JP Associates' shares rise 5% after Adani Group emerges as sole unconditional bidderJaiprakash Associates shares rose 5% after reports said the Adani Group is the only bidder to make an unconditional Rs 12,600 crore offer i...
- Attracting Infra Investments
- IDBI Bank rejects Mauritius-based Royal Partner's discounted offer for Essar arm“IDBI will not be open to any change in payment consideration (for EPC Constructions),” the lender said in a statement, noting that any cha...
- Punj Lloyd wins Rs 54-crore arbitration in case vs ONGCArbitrators consented to Punj Lloyd’s plea, seeking compensation for expenses incurred in laying a pipeline at Hazira for ONGC. They also a...
- Reliance Infrastructure bags Rs 16.14 crore arbitration award against NHAIWith this win, Reliance Infrastructure has won a total of six arbitration awards amounting to around Rs 6,300 crore in cases of Delhi Metro...
- Proactive steps led to reduction in stalled road projects: SurveyDuring 2012-13, total credit advances to road sector was Rs 1,27,430 crore, which increased to Rs 1,80,277 crore as in September 2017-18.
- For investing in infra, follow the government strategy: Vinayak Chatterjee, Feedback InfraEPC is certainly taking the infrastructure market up, says the Feedback Infra co-founder
- Hybrid annuity model to boost PPP projects: ICRAThe model is a mix of EPC and BOT formats, with the government and the private enterprise sharing the total project cost in the ratio of 40...
- NHAI overhaul process put on fast-track to get the sector back on trackThe committee, headed by former NHAI chairman Deepak Dasgupta, is expected to suggest ways for dispute resolution and better financial mana...
- NHAI settles disputes for Rs 10,550 crore projects with buildersThe development comes at a time when a whopping Rs 26,556 crore investment is embroiled in disputes between NHAI and road developers.
- NHAI will spend Rs 3,000 cr in 2 years to settle claimsMost of these disputes involve engineering procurement and contract (EPC) projects that were awarded in 2005-06.
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