Birla HomeTech plans to set up a cement factory in the Kurnool district of Andhra Pradesh (AP). For this the plants has received an assurance from the state government to provide resources. The south-eastern Indian state is rich in minerals and the output from the cement plant has potential to be used by the government for infrastructure projects.
Abu Dhabi Gas Industries (GASCO) has awarded a lump sum turnkey contract to L&T for the engineering, procurement and construction work on a new gas pipeline. Schneider Electric India has bagged orders to supply turnkey solutions for three photovoltaic solar power plants of 22.3 MW capacity in India.
The Gateway Hotels, which now manages 25 properties across India, will add another four properties by the end of 2014. The current property, The Gateway Resort Damdama Lake Gurgaon is owned by developer Pawan Dhoot of Dhoot Infrastructure Projects and costs over Rs 100 crore.
Maharashtra State Road Development Corporation (MSRDC) is seeking funding assistance from Japan International Cooperation Agency (JICA) for its ambitious Rs 5,975-crore Bandra-Versova sea link project. JICA has been funding major infrastructure projects in the country at lower interest rates.
The October-December 2010 quarter saw the highest growth in topline among the past five to six quarters, but profitability remained sluggish, with the quarter posting decline of five per cent in net profits.
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.
The Justice Shafi Parkar Report on high rises indicates that when planning a skyscraper, developers need to account for factors like its water needs and impact on the neighbourhood; water sources; water distribution system; and estimated sewerage generated by residents and how it will be treated.
ARSS Infrastructure Projects have been awarded with a new order from the Office of the Executive Engineer, Kalahandi, R&B Division, Bhawanipatna, Kalahandi, Odisha for the improvement of Bhwanipatna-Rayagada Road.