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Eyeing the growing cement market in Bihar, Reliance Cement Company (RCC) has launched Reliance Cement in the state. The company will be the first player in the cement industry to have a unique QR code printed on its cement bags. Smart phone users will be able to scan this code to get more information on the product features and quality assurance.
Contract value: Rs 230 crore
Particulars: Civil and electrical works
OM Metals Infraprojects has received a contract in JV with SPML Infra from Sardar Sarovar Narmada Nigam. The order is for designing, engineering, manufacturing, supplying and commissioning all civil, mechanical and electrical works on the Kutchh branch canal in Gujarat.
Abu Dhabi Gas Industries (GASCO) has awarded a lump sum turnkey contract to L&T for the engineering, procurement and construction work on a new gas pipeline. Schneider Electric India has bagged orders to supply turnkey solutions for three photovoltaic solar power plants of 22.3 MW capacity in India.
Cement manufacturing companies have raised cement prices by Rs 10-12 per bag in West Bengal, Bihar and Orissa regions.
Bihar is likely to adopt open access for power as the state cabinet allowed the restructuring of Bihar State Electricity Board (BSEB) by way of its division into five companies.
Despite the infrastructure 'boom', the industry has failed to adhere to the momentum expected from it in terms of project execution. Janaki Krishnamoorthi delves into the reasons behind this and discovers that corruption, lack of transparency and rigidity must be eradicated for India to live up to its potential.
Essar Energy plc plans to enter into a power purchase agreement (PPA), with the Bihar State Electricity Board (BSEB), for 300 MW of contracted capacity from its 1,200 MW Tori I power station which is under construction in Jharkhand. BSEB issued Essar Energy's subsidiary Essar Power Jharkhand (EPJL)
While most Indian infrastructure companies are busy grabbing multiple pieces of the Indian infrastructure pie, some are perfectly content with just one piece. A prime example is GPT Infraprojects, a subsidiary of Kolkata-based GPT Group.
Bankura DRI Mining Manufacturers Company Ltd, a special purpose vehicle formed by six West Bengal-based sponge iron makers, recently signed a 30-year contract with the Australia-based India Resources Ltd for building, developing and operating an underground captive coal mine at the Biharinath Block in Ranigunj coalfield.
UltraTech is planning to set up two greenfield grinding units in Bihar and West Bengal, a bulk terminal in Maharashtra
