BIG BAGGER
ROADS & HIGHWAYS

BIG BAGGER

PNC Infratech is making news. The company, under the leadership of its Managing Director Yogesh Kumar Jain has recently bagged orders worth Rs.35.82 billion from the National Highways Authority of India (NHAI) for widening of road projects in Uttar Pradesh. In a BSE filing, the company said tha...

PNC Infratech is making news. The company, under the leadership of its Managing Director Yogesh Kumar Jain has recently bagged orders worth Rs.35.82 billion from the National Highways Authority of India (NHAI) for widening of road projects in Uttar Pradesh. In a BSE filing, the company said that it has received a Letter of Award (LoA) for the four-laning of the Aligarh-Kanpur section from 356 km to 414 km, under Package-V of the Mitrasen-Kanpur section of NH-91 in the state. It has also received a LoA for the four-laning of the Jagdishpur-Faizabad section from 47.93 km to 107.68 km of NH-330A in the state. Both these projects have been bagged under the Hybrid Annuity Mode (HAM) under the Bharatmala Pariyojana initiative of the government. Indeed, addition of these two projects will bring immense cheer to the company's order book position.

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Real Estate

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

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Infrastructure Urban

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

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Infrastructure Transport

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..

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