India Ratings and Research (Ind-Ra) has maintained a negative outlook on energy and transport infrastructure for 2HFY21, stemming from a likely low demand, driven by low thermal plant load factor and subdued wind generations, and the resultant impact on coverage metrics. The agency has also maintained a negative outlook on the roads and airport sectors.
Placebo Fabtech received the order from “Gayatri Projects” for Composite plate girders @Ch.511+121.42 for the project “Construction of Access Controlled Nagpur-Mumbai Super Communication Expressway (Maharashtra Samruddhi Mahamarg)” in the State of Maharashtra for Package 11, From km 502.698 to km 532.094) in Section Village Dhotre to Village Korhale in District Ahmadnagar, Maharashtra. The total order value stands at Rs 43.07 million.
On this 74th Independence Day, economies world over seem to be in the throes of a crisis. Britain has announced that it has slipped into a deep recession. All global economies are set to contract into negative territories.
IRB Infrastructure Developers (IRB) have received a Letter of Award (LoA) from the National Highway Authorities of India (NHAI) for 27.500 km long Gandeva-Ena section of the upcoming greenfield project of eight-lane Vadodara-Mumbai Expressway.