Infrastructure rss

News from the Infrastructure sector from the B2B sector

Centre to develop future highways in EPC mode

July 15, 2014

The Ministry of Road Transport, Highways and Shipping is, henceforth, planning to undertake national highway projects on EPC (engineering-procurement-construction) model instead of PPP (public-private partnership) mode. The EPC vs. PPP issue has been widely debated among road builders and in public forums. The efficacy of PPP projects has been questioned owing to frequent delays in implementation and… Read More ›

AP split: Is it ‘ache din aane wale hain’ moment for cement cos?

Are good times round the corner for the cement industry in the South? At least the industry thinks so. The reason for its sudden optimism is the bifurcation of Andhra Pradesh – the largest manufacturing and consuming market in the southern region – into Telangana and Seemandhra. The industry expects cement consumption to pick up… Read More ›

Investments in infrastructure pushing demand for PVC

Globally, plastics industry is one of the leading contributors to economic growth. In spite of recession and long-term consolidation trend, the plastics industry has been one of largest and fastest-growing industry sectors of the economy. In the second half of the 20th century, plastics emerged as one of the most universally-used and multipurpose materials in the global… Read More ›

Infrastructure ministries to make power point presentation to Modi on Saturday

Infrastructure ministries will make a presentation to Prime Minister Narendra Modi on Saturday at 10 a.m. Sources indicate that the secretaries of Civil Aviation Ministry and other ministries will make a 10-point power point presentation to Modi on what issues need to be tackled. The Ministry of Civil Aviation presentation is likely to focus on… Read More ›

India has potential to get $40 b PE investment: PwC survey

Private equity (PE) investors’ sentiments towards India are turning significantly optimistic. A PricewaterhouseCoopers India report based on a survey of 40 PE firm partners estimates that India has the potential to get PE funding of $40 billion (over ₹2.36 lakh crore) by 2025. Future PE investments would be led by India’s continuing consumption story, realistic… Read More ›

Project industry welcomes online environment clearance

Indian industry and project proponents have welcomed online environment clearances for industrial and infrastructure projects launched by the Ministry of Environment and Forest recently. Although the online submission for Terms of Reference and Environment clearance proposals came into effect from June 5, the process will be made entirely online from July 1, 2014. In fact, ToR and EC proposals… Read More ›

Election Commission awards EVM contracts to ECIL, BEL

ECIL confirmed it received orders for 1.91 lakh ballot units and 1.25 lakh controlling units The Election Commission has placed orders estimated at more than Rs 300 crore with Electronics Corporation of India Ltd and Bharat Electronics Ltd to deliver EVMs for the Lok Sabhaelections. “The Election Commission needs 16 lakh EVMs for the Lok Sabha elections to… Read More ›

Strike at L&T Hazira crosses 82 days

Around 1,000 permanent workers on strike demanding hike in wages and allowances Even after 82 days of a strike by workers at Larsen & Toubro (L&T)’s Hazira factory in Gujarat, a resolution seems far. Around 980 permanent worksmen at the heavy engineering unit have been on strike demanding higher wages. The company is said to be losing Rs 1-1.5 crore a day…. Read More ›

Reliance Infrastructure, Tata Power in focus

Reliance Infrastructure has rallied 6% to Rs 431, while Tata Power up 4% to Rs 82.10 on the Bombay Stock Exchange. Reliance Infrastructure and Tata Power are trading higher by up to 6% on reports that the Delhi Electricity Regulatory Commission (DERC) has allowed distribution companies to recover dues in phases starting 2014-15. The regulator has worked out a plan… Read More ›

Cement shares in focus

Ambuja Cements, ACC, Shree Cement and UltraTech Cement are up 1-4% on the Bombay Stock Exchange. Shares of cement maker are in demand and trading higher by up to 7% on the Bombay Stock Exchange (BSE). At 1340 hours, Shree Cement, Ambuja Cements, ACC and UltraTech Cement are up 1-4%, while JK Cement, Orient Cement, Ramco Cement, Birla Corporation and… Read More ›