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Tag Archives: EPC

McNally Bharat bags order worth Rs 43.49 crore from DMRC

Mcnally Bharat Engineering Company has received an order for Construction of Entry/Exit structure of Elamkulam Station and Balance Works in the Main Station Building at Elamkulam from Delhi Metro Rail Corporation (DMRC) for a value of approximately Rs 43.49 crore. Earlier in March, the company had received an order for ... Read More »

CRISIL affirms default ‘D’ rating to Lanco Infratech for bank loans

Rating agency CRISIL has affirmed the default ‘D’ rating for bank loans to Lanco Infratech, a debt-laden construction company against whom lenders have begun insolvency proceedings. The rating continues to reflect delays in meeting debt obligations. The delays were due to weak liquidity, and the rating is based on limited ... Read More »

Kalpataru Power to raise Rs 100 crore on private placement basis

Kalpataru Power Transmission has received an approval for issuance of Listed Rated Unsecured Redeemable Taxable Non-Convertible Debentures (NCDs) of Rs 100 crore on private placement basis. The Executive Committee of Board of Directors of the company at its meeting held on May 24, 2017 has approved for the same. The ... Read More »

Sunil Hitech Engineers to raise funds up to Rs 250 crore

Sunil Hitech Engineers has received an approval to raise funds up to Rs 250 crore through Right Issue, Private Placement, Qualified Institutional Placement, American Depository Receipts (ADRs), Global Depository Receipts (GDR), FCCBs etc. The board of directors at its meeting held on May 12, 2017 had approved for the same. ... Read More »

L&T commissions gas turbines for two gas-based projects in Bangladesh

Larsen & Toubro (L&T) has commissioned gas turbines in open cycle for two large gas-based power projects in Bangladesh in quick succession during March 2017. The first 150 MW gas turbine for Bangladesh Power Development Board’s (BPDB’s) 225 MW Combined Cycle (Dual Fuel) Power Plant at Sikalbaha in Chittagong district ... Read More »

Reliance Infrastructure wins EPC contract worth Rs 711 crore

Reliance Infrastructure (RInfra) has received the Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI) for the construction of Vikkaravandi to Sethiyahopu section of NH-45 C in Tamil Nadu after it emerged as the lowest bidder for the development of the project on Engineering, Procurement & Construction ... Read More »