The Chief Minister's Office of Maharashtra has asked the City Industrial Development Corporation (CIDCO) to prepare the cost estimation and feasibility report for Navi Mumbai island airport, based on a proposal submitted by a Dutch consortium recently.
Gajendra Haldea, Advisor, Infrastructure, Planning Commission, stated categorically at Construction World Leadership Summit, in Delhi, that, " the target of US$ 1 trillion investment into infrastructure will not be achieved," thus putting at rest all speculation as to how GDP growth target of the twelfth plan will be met.
In late August this year, around the time the beleaguered rupee was just about spinning back to recovery mode following a disgraceful showing versus the US dollar inspiring a sigh of relief in the financial canyons of Mumbai´s Dalal Street top officials from Larsen & Toubro (L&T) landed at Ashgabat, the capital of Turkmenistan, to parley with the country´s deputy prime minister.
They are not quite multiplying like digital piranhas in a feeding frenzy but data centres are adding significant volumes to the Indian IT real estate. SHRIKANT RAO examines the developments in storage space.
Bagged it! Contract value: `850 crore Particulars: Supply of equipment Alstom has bagged a contract from GVK Power and Infrastructure to provide equipment for the 850 MW Ratle hydropower project in Jammu and Kashmir.
Pratap Kunda, Managing Director, Golden Gate Properties Eighteen-year-old Golden Gate Properties has had quite a journey. Established in 1997, the company´s projects were initially based in Bengaluru until 2003, when it started spreading its wings.
With the rupee taking a dive vis-a-vis the dollar and order books drying up, these are certainly not the best of times for construction firms. But come hell or high water, L and T Construction part of the $ 14-billion L and T conglomerate and undisputed leader in the EPC segment seems to be going from strength to strength as it eyes new frontiers for business.
The first edition of the International Trade Fair for construction machinery, building material machines, mining machines and construction vehicles, bauma Africa, took up 60,000 sq m of exhibition space making it the biggest industry event for the sector in Africa.