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1.L&T to invest Rs 25,000 cr for power

L&T Power, the wholly-owned subsidiary of Larsen & Toubro (L&T), plans to have a generation capacity of 5,500 MW, including hydro power and is likely to invest about Rs 25,000 crore to build its thermal power business in the next five years.


2.TN to build 3,840 apartments

Government of Tamil Nadu plans to construct 3,840 apartments in Coimbatore. The government would spend Rs 118 crore to construct the apartments at Ukkagadam and Ammankulam areas.


3.In the right direction

Vascon Engineers, an EPC and real estate developer (winner of one of the Top Ten Builders award by Construction World and the second real estate development company to go public after Godrej Properties), has recently announced an IPO of Rs 200 crore.


4.GMR arranges Rs 1,700 cr for Hyderabad highway

GMR Infrastructure Ltd has arranged funds for its Rs 2,190 crore Hyderabad-Vijayawada highway project.


5.Government seeks ideas for affordable housing

Government seeks ´out of the box´ ideas for the real estate sector with affordable housing projects being its main focus. It will consider recommendations for pension funds and insurance in the sector and aims at providing housing for all by 2022.


6.We are the pioneers of green development in India

You could say green is this man’s favourite colour! Vidur Bharadwaj, Director, The 3C Company, is no stranger to accolades for is far-reaching green building designs.


7.EPC - Excellence, Performance, Commitment!

Charu Bahri explores the challenges associated with EPC contracts and what it takes for contractors to put their best foot forward.


8.Appointments

IAS officer S Bhattacharya has been selected as Chairman and Managing Director of Coal India.


9.Highway projects to get priority funding

The Road Transport and Highways Ministry has proposed priority sector status for the sector in a bid to tide over shortage of funds.


10.Parsvnath raises Rs 269.5 cr through QIP

Parsvnath Developers raised Rs 269.5 crore through private placement of shares with institutional investors.