ContractorIndia - Weekly E-Newsletter - Vol-02, Issue-18, 10th July-2014

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Jul 10, 2014, 11:37:34 AM7/10/14
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Please find Your Weekly dossier of Construction News Update - Vol-02, Issue-18

 

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Volume—2 Issue—18 10th July- 2014 Construction News | Corporate Updates | Information  | Power Sector  | Real Estate | Infrastructure | Project Updates | Construction Errors  Subscribe to Newsletter and other updates To Advertise in this E-Newsletter please send inquiry at info@contractorindia.com Corporate Updates More…. Construction News More…. Autonomous L&T Gulf to service global markets Even as most of its competitors were struggling, Larsen & Toubro (L&T) exited 2013-14 with fresh orders worth Rs 94,100 crore, up 15 per cent compared to the previous year. Read More…. GMR Infra, JP Associates fall after launching QIP Shares of GMR Infrastructure and Jaiprakash Associates have declined more than 4% each after both these companies announced launch of qualified institutional placement (QIP) on July 2 to raise funds. Read More…. Alstom T&D bags Rs 27.7 cr order to supply GIS in HP Alstom T&D India today said it has bagged a contract worth Rs 27.7 crore from Himachal Pradesh Power Transmission Company to supply a 66 kV gas-insulated substation (GIS) for evacuating power from new generation sources to Kinnar district in the state. Read More…. GMR raises Rs 1,500 crore through QIP GMR Infrastructure, the infrastructure developer, which launched the QIP on Wednesday, has finally raised Rs 1,500 crore which saw active investors interest from globally renowned players.  Read More…. L&T gains on winning Rs 2,002 crore new orders L&T is trading higher by 1.5% to Rs 1,752 after the company said it has won new orders worth of Rs 2,002 crore across various business segments in June 2014. Read More…. A2Z Maintenance jumps after bagging a huge order A2Z Maintenance & Engineering Services surged 5% to Rs 20 on BSE after the company bagged orders worth nearly Rs 2400 crores. Read More…. GMR kicks off QIP to raise Rs 1,200 cr GMR Infrstructure has launched a QIP (qualified institutional placement), after market hours on Wednesday to raise around Rs 1,200 crore. The infrastructure major has set a floor price of Rs 33.14 per share for the QIP. Read More…. Siemens bags order worth Rs 52 crore from NTPC Engineering and electronics conglomerate Siemens has bagged an order worth Rs 52 crore from NTPC for supply of Distributed Control System to their power plant in Bihar. Read More…. Rail Budget to push Mum-Ahd bullet train The first MumbaiAhmedabad high-speed train proposal may get a push in the new government’s Rail Budget considering PM Narendra Modi’s promise of a diamond quadrilateral of bullet trains to connect the four major cities of Mumbai, Delhi, Kolkata and Chennai. Read More…. Reliance Infra appoints M S Mehta as CEO M.S. Mehta has joined as the chief executive officer of Anil Ambani-controlled Reliance Infrastructure. Lalit Jalan, the earlier CEO has been elevated as Director - Corporate Strategy and Affairs. Read More…. Construction vendors launch single-window sourcing platform Fourteen Mumbai-based vendors of construction and interior material have come together to offer an integrated, single-window sourcing of products and services. Read More…. Useful Websites / Web Links for Reference Construction Industry Development Council (CIDC) BUREAU OF INDIAN STANDARDS Competition Commission of India National Housing bank Quality Council of India Indian Council of Arbitration Power More…. Gridco starts power supply regulation as generation drops State-run power trader, Gridco Ltd has started regulating power supplies to distribution companies (discoms) on the wake of heavy drop in generation from thermal power producer NTPC. Read More…. NLC to expand Mine-1 A capacity with an outlay of Rs 1,453.3 cr Neyveli Lignite Corporation (NLC) to expand its Mine-1 A capacity to 7 MTPA from the current 3 MTPA at an outlay of Rs 1,453.3 crore. The company also expects to replace its over 50 year old 600 MW TPS-I at Neyveli, which is in operation since 1961,  Read More…. Tata Power gains on stake sale in Indonesian coal miner Tata Power Company is trading higher by 2.5% at Rs 110 on BSE after the company said it has signed an option deal to sell a 5% in coal miner PT Kaltim Prima Coal (KPC) to get additional cash flow as well as to reduce its consolidated debt. Read More…. Power Grid earnings set to improve this fiscal About 50 per cent of electricity generated in India is transmitted by Power Grid, the state-owned electricity transmission utility. The company had outlined an ambitious expansion plan for the 12th Five Year Plan (FY13-17), …. Read More…. Real Estate More…. Real estate: Demand to rebound in second half Consumers may have kept away from big-ticket items such as real estate and cars in recent years. However, latent demand is set to rebound in real estate in FY15, say analysts.  Read More…. Jaiprakash to raise Rs 1,550 cr via QIP Jaiprakash Associates on Wednesday launched its qualified institutional placement (QIP) issue to raise up to $250 million (Rs 1,550 crore). The company will use the proceeds to retire its debt of Rs 61,100 crore. Read More…. Project Updates More…. NTPC to set up two 4,000 Mw projects in Telangana, AP NTPC Limited chairman and managing director Arup Roy Choudhury on Tuesday met chief ministers of Telangana and Andhra Pradesh to get their support for the two 4,000-Mw projects it intends to set up in the respective states. Read More…. Join Us for Free—Subscribe to Contractorindia.com Send your suggestions or contact us To unsubscribe and stop receiving emails from it, send an email to  contractorindia+unsubscribe@googlegroups.com. Send us email to get more information on e-newsletter at—emagazine@contractorindia.com Copyright 2006—2015 © ContractorIndia.com; All rights reserved

Volume—2 Issue—18 10th July- 2014 Construction News | Corporate Updates | Information  | Power Sector  | Real Estate | Infrastructure | Project Updates | Construction Errors  Subscribe to Newsletter and other updates To Advertise in this E-Newsletter please send inquiry at info@contractorindia.com Corporate Updates More…. Construction News More…. Autonomous L&T Gulf to service global markets Even as most of its competitors were struggling, Larsen & Toubro (L&T) exited 2013-14 with fresh orders worth Rs 94,100 crore, up 15 per cent compared to the previous year. Read More…. GMR Infra, JP Associates fall after launching QIP Shares of GMR Infrastructure and Jaiprakash Associates have declined more than 4% each after both these companies announced launch of qualified institutional placement (QIP) on July 2 to raise funds. Read More…. Alstom T&D bags Rs 27.7 cr order to supply GIS in HP Alstom T&D India today said it has bagged a contract worth Rs 27.7 crore from Himachal Pradesh Power Transmission Company to supply a 66 kV gas-insulated substation (GIS) for evacuating power from new generation sources to Kinnar district in the state. Read More…. GMR raises Rs 1,500 crore through QIP GMR Infrastructure, the infrastructure developer, which launched the QIP on Wednesday, has finally raised Rs 1,500 crore which saw active investors interest from globally renowned players.  Read More…. L&T gains on winning Rs 2,002 crore new orders L&T is trading higher by 1.5% to Rs 1,752 after the company said it has won new orders worth of Rs 2,002 crore across various business segments in June 2014. Read More…. A2Z Maintenance jumps after bagging a huge order A2Z Maintenance & Engineering Services surged 5% to Rs 20 on BSE after the company bagged orders worth nearly Rs 2400 crores. Read More…. GMR kicks off QIP to raise Rs 1,200 cr GMR Infrstructure has launched a QIP (qualified institutional placement), after market hours on Wednesday to raise around Rs 1,200 crore. The infrastructure major has set a floor price of Rs 33.14 per share for the QIP. Read More…. Siemens bags order worth Rs 52 crore from NTPC Engineering and electronics conglomerate Siemens has bagged an order worth Rs 52 crore from NTPC for supply of Distributed Control System to their power plant in Bihar. Read More…. Rail Budget to push Mum-Ahd bullet train The first MumbaiAhmedabad high-speed train proposal may get a push in the new government’s Rail Budget considering PM Narendra Modi’s promise of a diamond quadrilateral of bullet trains to connect the four major cities of Mumbai, Delhi, Kolkata and Chennai. Read More…. Reliance Infra appoints M S Mehta as CEO M.S. Mehta has joined as the chief executive officer of Anil Ambani-controlled Reliance Infrastructure. Lalit Jalan, the earlier CEO has been elevated as Director - Corporate Strategy and Affairs. Read More…. Construction vendors launch single-window sourcing platform Fourteen Mumbai-based vendors of construction and interior material have come together to offer an integrated, single-window sourcing of products and services. Read More…. Useful Websites / Web Links for Reference Construction Industry Development Council (CIDC) BUREAU OF INDIAN STANDARDS Competition Commission of India National Housing bank Quality Council of India Indian Council of Arbitration Power More…. Gridco starts power supply regulation as generation drops State-run power trader, Gridco Ltd has started regulating power supplies to distribution companies (discoms) on the wake of heavy drop in generation from thermal power producer NTPC. Read More…. NLC to expand Mine-1 A capacity with an outlay of Rs 1,453.3 cr Neyveli Lignite Corporation (NLC) to expand its Mine-1 A capacity to 7 MTPA from the current 3 MTPA at an outlay of Rs 1,453.3 crore. The company also expects to replace its over 50 year old 600 MW TPS-I at Neyveli, which is in operation since 1961,  Read More…. Tata Power gains on stake sale in Indonesian coal miner Tata Power Company is trading higher by 2.5% at Rs 110 on BSE after the company said it has signed an option deal to sell a 5% in coal miner PT Kaltim Prima Coal (KPC) to get additional cash flow as well as to reduce its consolidated debt. Read More…. Power Grid earnings set to improve this fiscal About 50 per cent of electricity generated in India is transmitted by Power Grid, the state-owned electricity transmission utility. The company had outlined an ambitious expansion plan for the 12th Five Year Plan (FY13-17), …. Read More…. Real Estate More…. Real estate: Demand to rebound in second half Consumers may have kept away from big-ticket items such as real estate and cars in recent years. However, latent demand is set to rebound in real estate in FY15, say analysts.  Read More…. Jaiprakash to raise Rs 1,550 cr via QIP Jaiprakash Associates on Wednesday launched its qualified institutional placement (QIP) issue to raise up to $250 million (Rs 1,550 crore). The company will use the proceeds to retire its debt of Rs 61,100 crore. Read More…. Project Updates More…. NTPC to set up two 4,000 Mw projects in Telangana, AP NTPC Limited chairman and managing director Arup Roy Choudhury on Tuesday met chief ministers of Telangana and Andhra Pradesh to get their support for the two 4,000-Mw projects it intends to set up in the respective states. Read More…. Join Us for Free—Subscribe to Contractorindia.com Send your suggestions or contact us To unsubscribe and stop receiving emails from it, send an email to  contractorindia+unsubscribe@googlegroups.com. Send us email to get more information on e-newsletter at—emagazine@contractorindia.com Copyright 2006—2015 © ContractorIndia.com; All rights reserved

 

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