Ten firms vie for 179 km Jalna-Nanded e-way, Linking Samruddhi Mahamarg
Ten firms have submitted 23 bids for the construction of the 179.85 km Jalna-Nanded expressway in Maharashtra. It was noted that among the contenders were industry leaders such as Afcons Infrastructure, APCO Infratech, GR Infraprojects, NCC, PNC Infratech, and the state-owned Ircon International (IRCON).
It was further noted that the Maharashtra State Road Development Corporation (MSRDC) had pre-qualified a total of 18 firms to undertake the construction of this expressway. In January of this year, MSRDC invited price bids from these pre-qualified firms for the construction of the exp..
PNC Infratech Secures Rs.699 Crore Order
PNC Infratech, a leading player in the infrastructure sector, witnessed a notable surge in its stock by 5% following a significant business development. The company successfully secured a substantial order worth ?699 crore, reinforcing its position in the competitive market. The order, detailed in a recent report by LiveMint, marks a strategic move for PNC Infratech as it continues to expand its portfolio and contribute to the nation's infrastructure development.
The recent achievement underscores PNC Infratech's prowess in winning and executing large-scale projects. The company has co..
PNC Infratech surges 5% on securing Rs 6.99 billion order
Shares of PNC Infratech, an infrastructure company, experienced a 5% surge, this increase was announced in an exchange filing where the company stated that it had received a Letter of Acceptance from the Madhya Pradesh Public Works Department.
According to the company's filing, the LoA is related to the construction of a four-lane elevated corridor/flyover from Maharani Laxmibai Pratima to A.B. Road (N.ll. 46) near Girwai Police Chouki on the Swarn Rekha River in Gwalior City (2nd phase) in the state of Madhya Pradesh. The project is set to be executed on an engineering, procurement, a..
Loutolim Villagers Upset with Borim Bridge Project Transparency
Residents of Loutolim in Goa are expressing frustration over what they perceive as a lack of transparency regarding the Borim Bridge project. The community has voiced concerns over the project's planning and implementation, citing inadequate communication and consultation by authorities.
According to local sources, villagers feel marginalised as decisions regarding the bridge project have been made without sufficient public disclosure or engagement. There is a growing sentiment among residents that their voices and concerns have not been adequately considered in the planning stages.
..K2 Infragen wins contract; to construct a four-lane rail overbridge
K2 Infragen has clinched a substantial contract valued at Rs 902 million to construct a four-lane rail overbridge on the Patna-Mughalsarai section of Danapur Division in Chandauli district, Uttar Pradesh. The winning bid was secured through a joint venture between Gangasagar Singh and PRL Infrastructure, with K2 Infragen assuming full responsibility for project execution, entrusted by the UP-State Bridge Corporation. Scheduled for completion within 18 months, this project aims to boost connectivity corridors and facilitate seamless mobility across railway tracks in Uttar Pradesh.
This d..