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1.Nagarjuna Construction Company (NCC)

Promoted by AVS Raju and his associates, NCC was incorporated on March 22, 1990.


2.The Pinnacle and Beyond!

Emaar MGF has created its own benchmark for performance management and employee empowerment, writes ARMAN CHAUDHARY. Real estate has been a late entrant to the organised business category.


3.GMR Megawide initiative for airport project

MR Megawide Cebu Airport Corporation (GMCAC), a JV between GMR group and Manila-based Megawide Construction


4.Model agreement applied by Shipping Min

The model concession agreement (MCA) will be applied by the Shipping Ministry for state government-owned ports at Sagar Island in West Bengal and Dugarajapatnam in Andhra Pradesh. The total investment in these two greenfield ports will be Rs 15,800 crore. MCA includes the terms and conditions of a port contract including the rights and obligations of both parties.


5.Reviewing Airport privatisation process

The privatisation of six airports in the country is under review as AAI is expected to invite fresh bids for the same. The privatisation process, which was initiated by the UPA government last year has gone through various changes and delay. The previous government had expressed certain reservations in the model concession agreement (MCA). AAI is set to invite request for quotation.


6.Today, we have a portfolio of around 26 BOT projects

Master at the business of civil construction, Ashoka Buildcon Ltd builds and operates roads on a built, operate and transfer (BOT) basis in India.


7.Of Olympic Standards

With preparations in full swing for the Olympic Games 2012 in London, the Olympic Stadium holds special importance in its construction and features.


8.Govt may revamp MCA for road projects

Unconfirmed reports indicate that the government would revamp the model concession agreements (MCAs) for public private partnership (PPP) projects in the highway sector. It may be noted that the existing MCAs have outlived their utility and there are no provisions for addressing emerging problems in many such projects. The


9.Road ministry to draft pact

The road ministry is considering drafting a new contractual framework for building expressways that will be more investor-friendly. The new model concession agreement (MCA) for expressways will address the issue of revenue collection and overcome the limitations of the existing contractual agreement. Expressways are access-controlled and have closed tolling. The NHAI has created a separate division to handle big expressway projects.


10.Let´s clean UP the mess...

While issues related to banking and financing, claims and contracts continue to discourage contractors, CW highlights problem areas and offers 16 concrete solutions that will help resolve issues and make the construction sector a success.