Procurement And Construction (epc)

MEP Infrastructure Developers Ltd in a JV with its Spanish partner has received Letter of Award from National Highways Authority of India (NHAI) for a project under the Hybrid Annuity namely four laning of Talaja-Mahuva section in Gujarat with bid project cost Rs 643.05 crore, the company said in a statement.

Sentiment to turn +ve for L&T in H2; buy IRB: Macquaire

The government Wednesday authorised NHAI to pay compensation to road developers, in case of delays not attributable to them, a move that will significantly benefit 34 stuck projects.

See better margins and sales Q2 onwards: Bajaj Electricals

Shekhar Bajaj, CMD, Bajaj Electricals expects growth in sales of consumer durables to continue in the second quarter also.

To focus on BOT projects: maintain 10% mkt share: IRB

VD Mhaiskar, chairman & MD of IRB Infrastructure plan to maintain debt-equity ration at 3.3:1.

Ashoka Buildcon sees FY16 order book growing to Rs 5k cr

The stock price of Ashoka Buildcon has already doubled in 2014. According to brokerages, the company is likely to be a big beneficiary of the vast opportunities in the road sector.

To exit 2 road projs; no plans to sell land parcel: IVRCL

S Ramachandran Director (Business Development) at IVRCL says the company is looking at exiting two road projects going forward and has no plans to sell its land parcels.

Expect 2 key projects to be operational by March: IRB Infra

VD Mhaiskar, CMD, IRB Infrastructure said revenues for Q3 have been robust on back of sound execution of projects on the construction side and also because of higher toll collections.

Delhi Metro lines' check showed fault in making: Rel Infra

Lalit Jalan, CEO & Wholetime Director of Reliance Infra says a recent Delhi metro lines‘ inspection showed fault in construction. "The operations are not likely to resume till the line is safe," he confirmed.

GEI Industrial confident of hitting sales target this year

CE Fernandes, Chairman and Managing Director of GEI Industrial, in an interview with CNBC-TV18’s Latha Venkatesh and Sonia Shenoy, spoke on the recent securing orders in the air-cooling space.