Diamant Infrastructure has been awarded a contract by Ashoka Buildcon for quarrying and crushing of aggregate for four-laning of Sambalpur-Bargarh-Orissa/Chhattisgarh border section of NH-6 road project in Orissa.
Jindal Steel and Power (JSPL) expects to raise its power generation capacity to 2,700 MW by the end of the current financial year.At present, JSPL has a generation capacity of 755 MW, while its subsidiary, Jindal Power (JPL) produces around 1,000 MW.
ACC led by Kuldip Kaura, Managing Director and CEO, is on a bull run. The company posted a 26.3 per cent rise in its consolidated net profit at Rs 414.5 crore, against Rs 328.1 crore in the previous corresponding quarter.
ACC is said to be investing Rs 3,000 crore in a capacity upgrade and expansion project at its Jamul plant in Chattisgarh and its grinding unit in Jharkhand. The existing Jamul plant will be decommissioned and upgraded to a 4 mn tonne plant based on state-of-the-art technology, while a 1.5 mn,