Infrastructure - Infrastructure Industry News, India Infrastructure News

Rel Infra allots 4.29 cr warrants to AAA Project Ventures

Reliance Infrastructure on Friday, said it has allotted 4.29 cr convertible warrants to a promoter group company AAA Project Ventures.

Mamata appoints panel to ‘tone up’ Railways

The Railway Budget was passed by the Lok Sabha with Minister Mamata Banerjee announcing a slew of measures to tone up the functioning of the Railways.

Gremach Infra board OKs setting up steel pipe units

Gremach Infrastructure Equipments & Projects has approved setting up three SPV in western and southern India to make steel pipes.

Steel consumption to rise 6-8 pct in FY10

Indian steel consumption is seen rising 6 to 8 per cent in 2009/10, the steel minister said.

NHAI to invite bids for 60-70 projects this fiscal

The National Highways Authority of India plans to invite bids for 60-70 projects in the current financial year for construction of 7000-8000 km of highways.

Tata Steel sales volume up 22 pct in Q1

Tata Steel said its sales volume surged to 1.4 mn tonnes in the first quarter of current fiscal.

AP Govt scraps Hyderabad Metro project

Andhra Pradesh Govt scrapped the Rs 12,000 crore Hyderabad Metro Rail Project on Tuesday.

JSW Steel to raise $1 bn via QIP

JSW Steel has got shareholders' approval for raising about Rs 4,775 crore through QIP route.

$500 bn infrastructure spending difficult: Survey

The govt's $500 bn infrastructure spending plan by 2012 is a tough one to achieve as fund availability is proving a problem, the Economic Survey said.

L&T bags two orders worth Rs 651 cr

L&T said it has bagged two orders worth Rs 651 crore from HPCL-Mittal Energy and MRPL.

Bandra-Worli Sea Link named Rajiv Gandhi Setu

The Bandra-Worli Sea Link, which was inaugurated by UPA chairperson Sonia Gandhi in Mumbai, will be named as 'Rajiv Gandhi Setu'.

GMR Infra withdraws $500 mn QIP issue

GMR has decided to withdraw its qualified institutional placement due to existing market conditions.

Infrastructure output up 2.8 pct in May

The six core industries grew by 2.8 pct in May 2009 against 3.1 pct in same month last year.

Sterlite Tech earmarks Rs 250 cr for expansion

Sterlite Technologies said it has chalked out a Rs 250-crore capital expenditure plan to scale up its optical fibre capacity.

JSL to restructure debt to fund projects

Jindal steel is planning to restructure its Rs 4,300-crore debt to part fund the expansion of its Orissa project.

Centre clears Delhi-Gurgaon metro hurdle

The Centre has removed a major hurdle in the Delhi-Gurgaon metro project by allowing the DLF group to run the proposed Jehangir Puri-HUDA city centre stretch through the realty major's Special Economic Zone.

GMR consortium wins Chennai road project

A GMR Group-led consortium has emerged as the lowest bidder at Rs 1,100 crore for a road construction project in Chennai.

Tata Steel hikes prices by up to Rs 750 a tonne

Tata Steel raised prices of its products by up to Rs 750 a tonne, the second such move in as many months.

IVRCL Infra bags orders worth Rs 432.36 cr

IVRCL Infrastructures said it bagged contracts worth Rs 432.36 cr from different vendors.

Hindustan Dorr bags Rs 126.95-cr order from HPCL

Hindustan Dorr Oliver has bagged an order worth Rs 126.95 cr from HPCL for construction-related works.

R-Infratel eyes $1-bn from PE firms

Anil Ambani group firm R-Infratel is looking to raise about Rs 5,000 cr through sale of shares.

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