The Hybrid Annuity Model (HAM) garnered a favourable response from both the EPC and the BOT players with intense competition till January 2017. HAM has become the most preferred mode of awarding projects by the NHAI now – around 53 per cent of the awards in FY2017 were made through the HAM route when compared to 8 per cent in FY2016. This is likely to increase further in FY2018.

SN Subrahmanyan has stepped into his role as CEO and Managing Director of India's largest engineering and construction conglomerate Larsen & Toubro from July 1, 2017. His elevation from deputy managing director and president has heralded the first change of guard in 18 years at the top of the firm.

L&T Construction's Transportation Infrastructure & Water Effluent Treatment businesses have jointly bagged an EPC order from Aurangabad Industrial Township for projects in the Bidkin industrial area of Maharashtra.

When the going gets tough, the tough gets going. In a tradition that dates back years, CW handpicks the top challengers from the construction and allied sectors that have managed to post growth despite an adverse economic and sectoral scenario.

The mine developer and operator (MDO) route presents a large growth opportunity for domestic engineering, procurement and construction (EPC) players with a demonstrated relevant track record, subject to attractive mine economics, according to India Ratings and Research (Ind-Ra).

The main problem is that our rates of EPC are fixed while the government has proposed a slab of 18 per cent for EPC contracting, which is high. Thus, despite taking input credit, we will be affected by about 10-12 per cent.

L&T Construction has bagged orders for Kakrapar-Gordha-Vad Lift Irrigation, Kadana-Patadungri Lift Irrigation, Sauni Yojana Link-2 Package-4 and Nandawadagi Lift Irrigation project.

With the Narendra Modi Government proposing to award Rs 500,000 crore worth of highway contracts in the last two years of its tenure, road construction companies are upbeat about the upcoming opportunities, which will span India.

GGIAL has invited contractors having prior experience in designing, procurement and construction of airports. The submission of request for qualification closes on June 26, 2017.