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Easing of bidding norms to encourage greater participation by private firms had seen relatively smaller companies come in at competitive prices
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Given that over the last two years, the Budget did little to rev up allocations in infrastructure the EPC sector may continue to face sluggish order flows, unless private capex takes over
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For FY23, the construction firm reported revenue of Rs 2,188 crore, up from Rs 1,439.5 crore in the previous financial year.
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Kalpataru Projects has secured new orders worth Rs 2,333 crore in transmission & distribution, EPC, and residential building businesses.
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After making its debut on NSE Emerge on March 18, with a 51 percent premium of Rs 131, the stock has surged by nearly 40 percent. This is the first EPC company to be listed in the SME segment
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The buildings & factories (B&F) business of its arm Larsen & Toubro (L&T) Construction has won an order from a developer to construct residential towers in Thane, Mumbai, the infrastructure major said in a statement.
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The likes of Tata Projects, JK Infra, ITD Cementation, Dineshchandra R Agrawal Infracon, Creative Group LLP and Assystem Stup that earlier bid for the project have dropped out.
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The board of the two companies approved the merger plan and according to swap ratio, JMC’s shareholders, other than KPTL, will be allotted one share of KPTL against every four shares held by them in JMC.
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Revenue collection barely covers the interest servicing cost of these projects, let alone project returns, says an SBI Caps report
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Better road connectivity can aid economic growth but the government is worried that the NHAI has taken on more than it appears equipped to handle
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We have hand-picked five smaller companies that beckon investors ‘attention.
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"The company has received letter of award from the Ministry of Road Transport and Highways (MORTH)... for two EPC road projects in Maharashtra," the company said in a BSE filing.
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Maintain 15 percent revenue growth guidance for FY17, says Rajeev Gupta, ED-Finance & CFO at KEI Industries
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Union Minister Nitin Gadkari today said the National Highways Authority of India (NHAI) should have more powers to fast-track road projects while expressing unhappiness over its overall performance.
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Order pertains to equipment supply and set up of a three 800-MW coal-based plant as part of the company’s expansion project at Patratu in Jharkhand.
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The agreement is for a duration of five years with Shell Global Solutions International to provide engineering, procurement and construction management services for Shell projects.
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"The company has successfully completed the project of rehabilitation and up-gradation of Mandla-Pindrai and Salimnabad-Vilayatkalan major district road intermediate laning/two-laning with paved/hard shoulder in the state of Madhya Pradesh on engineering procurement and construction (EPC) mode," Dilip Buildcon said in a BSE filing.
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In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
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The Engineering Procurement Construction (EPC) contractor has bagged an order to build a 67-kilometer long road in the Tuljapur to Ausa section of the National Highway - 361.
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Lanco Infratech today reported a consolidated net loss of Rs 813.66 crore in the quarter ended on December 31, 2016, mainly due to decline in income.
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Civil engineering and EPC firm JMC Projects (India) Ltd today said it has bagged new construction projects worth over Rs 1,457 crore.
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Speaking to CNBC-TV18, Narender Surana said that the total EPC contract award is worth Rs 60.60 crore and for operations and maintenance works for ten years is Rs 4.75 crore which is more than 50 percent of FY16 revenues.
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Expect bottomline to improve by 15 percent versus 11 percent historically, says PP Gupta, MD of Techno Electric and Engineering Company.
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According to the report, the total installed capacity in the rooftop segment is 1020 MW as of September 2016. In terms of market share, Tata Power Solar leads by nearly four times over its closest competitor in the market, Tata Power Solar said in a statement today.
