Mass housing project RPP Infra Projects has won a mass housing project in the Republic of Gabon from the Ministry of Housing. The contract envisages construction of 10,000 houses over 36 month. Coke oven package NMDC has awarded a Rs 1,978 crore contract to Bhilai Engineering Corporation for the entire coke oven package meant for its upcoming 3 mtpa steel plant in Chhattisgarh.
Caterpillar Inc has signed an agreement to acquire JCS Co Ltd, a subsidiary of Jinsung TEC Co Ltd, a South Korea-based manufacturer of undercarriage components for earthmoving and other off-road machinery.
The environment ministry has given final clearance Posco' s $12 bn integrated steel plant project. The ministry has also imposed two new conditions, It requires Posco to completely avoid the export of raw materials from the proposed project.