Housing and Urban Development Corporation (HUDCO) has achieved the level of Loan Sanctions of Rs 6895.26 crore and Loan Releases of Rs 3504.17 crore, as on September 30, 2018 for the financial year 2018-19. HUDCO finances social housing and residential real estate through primarily lending to State Governments and their agencies, which, in turn, extend … Read more
Oil and Natural Gas Corporation (ONGC) is reportedly planning to buy 27 drilling rigs, in a bid to replace nearly half of its ageing onland rigs. The estimated cost would be around Rs 3000-3500 crore. The new drilling rigs will help the company to make things more competent. ONGC is India’s largest government-run corporation and … Read more
Garden Reach Shipbuilders and Engineers (GRSEL) is eyeing an order book of Rs 28,000 crore from the Indian Navy and Indian Coast Guard to build warships. The company has a strong order book of Rs 20,300 crore, comprising gross order value in the shipbuilding segment, engineering segment and the engine segment. Garden Reach Shipbuilders & … Read more
The company has been declared L-1 bidder for a new OB Removal Contract Mining Project. Dilip Buildcon (DBL) has been declared L-1 bidder for a new OB Removal Contract Mining Project valued at Rs 1,000.40 crore by the Mahanadi Coalfield (MCL), a subsidiary of Coal India (CIL), Samleshwari OCP, Jharsuguda District in the State of … Read more
ITI has received purchase order for executing the RajNet project from RajCOMP Info Services, a Government of Rajasthan Undertaking, for establishing around 40,000 outdoor Wi-Fi access points in the state of Rajasthan with an order value of around Rs 334 crore on rate contract basis. The project envisages supply, installation and maintenance of around 40,000 … Read more
Bharat Dynamics (BDL), a Defence PSU has received an order worth around Rs 200 crore from DRDO for supply of Medium Range Surface to Air Missile (MRSAM) rear section. MRSAM is a joint development project between DRDO and Israel Aerospace industries, Israel with BDL as the Nominated Production Agency. Bharat Dynamics is engaged in manufacturing … Read more
Genus Power Infrastructures has won an order from a State-owned utility for implementation of Advanced Metering Infrastructure (AMI) including supply of 4.31 lakh smart meters. The value of the order is pegged at around Rs 312 crore (net of tax). This is the single largest order for AMI, directly finalized by any state utility in … Read more
