ContractorIndia - Weekly E-Newsletter - Vol-1, Issue-43, 9th Jan -2014

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Jan 9, 2014, 1:35:35 AM1/9/14
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Dear Members please find Your Weekly dossier of Construction News Update - Vol-1, Issue-43

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Volume—1        Issue—43

9th Jan-2014 


Construction News | Corporate Updates  | Information  | Power Sector  | Real Estate | Infrastructure  | Project Updates | Construction Errors 






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Editor’s Blog 
Construction Cost Estimates Knowledge – A must for all engineers


Construction News                         More….

Corporate Updates               More….




There's competition for GMR from Mumbai, Bangalore airports
The GMR group-run Delhi and Hyderabad airports have not only been gleaming examples of successful public-private partnerships, but they are also among the country's favourites. The Delhi airport is the busiest in India-passenger traffic stood at 34 million last fiscal - and airlines are keen to make it their hub.   Read More….
BHEL, Trichy, component suppliers may face closure
About 150 small industrial units in Tamil Nadu may be facing possible closure by the end of this financial year because of alleged step-motherly treatment to them by public sector giant BHEL, Tiruchirappalli, their main     customer.  Read More….
Breather for road developers likely on premium payments to NHAI
Road developers can expect a major financial relief after a committee set up by the finance ministry on Friday finalised the terms and conditions to restructure the premium that developers owe the National Highways Authority of India (NHAI). Developers, who owe Rs 1.51 lakh crore to the NHAI, have been seeking rescheduling of payment, citing economic downturn.  Read More….

L&T bags power transmission contract in Saudi Arabia
Infrastructure major Larsen & Toubro has secured an engineering, procurement and construction (EPC) order from a Saudi Arabian Oil Company -            Saudi Aramco.  Read More….
Sadbhav achieves commercial operation of Rs 1,220-crore Haryana road project
Infrastructure company Sadbhav Engineering today said it has achieved commercial operation of the Rs 1,220 crore highways project in Haryana pertaining to widening of the Rohtak-Panipat stretch.           Read More….
IL&FS Engg bags Rs 84 crore order for Gurgaon metro rail
Hyderabad-based infrastructure company, IL&FS Engineering and Construction Company Limited (IL&FS Engineering Services) has won a Rs 84.3 crore order for the construction of elevated stations for the Phase-II of the Gurgaon rapid metro rail project (RMRG).   Read More….
BHEL completes power transmission sub-station at Raichur
State-run BHEL has completed building a transmission sub-station in Karnataka, a link that connects the southern and national electricity grids.            Read More….
L&T Construction wins new orders worth Rs 2,962 cr
Infrastructure major Larsen & Toubro's construction wing has won new orders worth an aggregate Rs 2,962 crore across various business segments.               Read More….
Sobha's Q3 sales bookings fall by 6% to Rs 502 crore
Realty firm Sobha Developers' sales bookings fell by 6% in the third quarter ended December 2013 to Rs 502.3 crore due to lower sales volumes because of a slowdown in the real estate market.  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…. 


Real Estate                    More….


Power scrips fall on reports of tariff cuts
Shares in power producers fell on media reports that the Maharashtra government is planning to cut power tariffs.       Read More….
Power trading set to get a boost as India gets a national grid
In what may give a big boost to power trading business in the country, India has finally connected the southern region with rest of the country for unhindered electricity flow, achieving the goal of a national grid after a long wait.       Read More….



Brigade Group buys 2.25 acre plot in Bangalore for Rs 69 crore
Realty firm Brigade Enterprises has bought 2.25 acres of land in Bangalore from Hindustan Coca-Cola Beverages Read More….
Realty can deliver high trading gains
…..Read More….
Operation township
…  Read More….
Mumbai office realty: Western suburbs new growth centre
Looking back on 2013, the prevailing attitude among businesses toward the economy was “wait and see. The decision to take up more real estate office space was mostly put on hold; or companies aggressively looked to bring down their costs.               Read More….  


Infrastructure                         More…. 

Project Updates                More…. 



Road min: IDFC unfit to be lender for        Gurgaon expressway

TPE, Power Machines delay Barh project in Bihar



In a recent letter to the Prime Minister's Office, the ministry of road transport and highways has reiterated that the Infrastructure Development Finance Company (IDFC) doesn't qualify to be a lender to the Delhi-Gurgaon Expressway Project.  Read More….

Even after state-owned NTPC Ltd extracted revised deadlines in 2011 from Russia’s JSC Technoprom Export (TPE) and Power Machines for the Barh project in Bihar, the equipment vendors have been delaying supplies, according to several people familiar with the developments.  Read More….



Construction Error               More…. 





Goa building collapse: Death toll rises to 19
The death toll in Canacona building collapse has gone up to 19 after one more body was recovered, officials said.             Read More….












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