SEPC secures Rs 427 cr contract for water infra project in Jharkhand

SEPC Ltd, formerly Shriram EPC Ltd
SEPC Ltd, formerly Shriram EPC Ltd, has won a contract worth Rs 427.9 crore from the government of Jharkhand. Awarded by the Drinking Water and Sanitation Department, the project involves the construction of an intake well on a turnkey basis, as stated in a BSE filing by the company. The project's execution is set for 27 months from the agreement date, inclusive of a three-month trial run, followed by five years of operation and maintenance.
ADB Approves $240.5 Million for Rooftop Solar Systems in India

ADB Approves $240.5 Million for Rooftop Solar Systems in India

The Asian Development Bank (ADB) has approved a financing package of USD 240.5 million to support the deployment of rooftop solar systems in India. This funding will back the second and third tranches of the Multitranche Financing

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New Airports Planned in Andhra Pradesh

New Airports Planned in Andhra Pradesh

Three new airports are planned in Andhra Pradesh, according to MP and state BJP president Daggubati Purandeswari. She posted on X, "With NDA in power, both in the Centre and in the state, we are able to plan new airports at Kuppam

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NWR Awards ₹33 Cr Contract to K2 Infragen for Rewari-Kathuwas Project

NWR Awards ₹33 Cr Contract to K2 Infragen for Rewari-Kathuwas Project

North Western Railway (NWR) has awarded a ₹33.41 crore contract to K2 Infragen, a prominent infrastructure development company, for the design, procurement, erection, testing, and commissioning of high-rise Overhead Equipment

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IREDA to Invest ₹290 Cr in 900 MW Hydroelectric Power Project in Nepal

IREDA to Invest ₹290 Cr in 900 MW Hydroelectric Power Project in Nepal

State-owned Indian Renewable Energy Development Agency (IREDA) has announced that it will invest ₹290 crore in a 900 MW hydroelectric power project in Nepal. This strategic investment aligns with IREDA's commitment to expanding renewable

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Rithwik Projects Secures Depot-Related Work Project for Mumbai Metro Rail

Rithwik Projects Secures Depot-Related Work Project for Mumbai Metro Rail

Rithwik Projects has emerged as the lowest bidder (L1) for the land development works related to the car depot for Metro Line-9 of the Mumbai Metro Rail Project. The Mumbai Metropolitan Region Development Authority (MMRDA) has awarded

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Luxury Housing Sales Rise By ~27% Y-o-Y In Jan-Jun ‘24 Across 7 Cities

Luxury Housing Sales Rise By ~27% Y-o-Y In Jan-Jun ‘24 Across 7 Cities

CBRE South Asia Pvt. Ltd., India's leading real estate consulting firm, has released its report titled ‘India Market Monitor Q2 2024,’ revealing a robust performance in the country's luxury housing segment. The report highlights

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GeoSpatial World Calls for National Digital Twin Policy to Transform India

GeoSpatial World Calls for National Digital Twin Policy to Transform India

GeoSpatial World has released a pivotal study emphasizing the urgent need for a National Digital Twin Policy to enhance India's infrastructure sector. The policy aims to integrate advanced technologies like GIS, BIM, AI, and IoT

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KEC International Secures ₹1,100 Cr in New Orders for T&D Projects

KEC International Secures ₹1,100 Cr in New Orders for T&D Projects

KEC International Ltd., a global infrastructure EPC major and part of the RPG Group, has secured new orders worth ₹1,100 crores for Transmission & Distribution (T&D) projects across India, the Middle East, Australia, and the Americas

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RLDA Invites Bids for Redevelopment of Boulevard Road Railway Colony

RLDA Invites Bids for Redevelopment of Boulevard Road Railway Colony

RLDA Invites Bids for Redevelopment of Boulevard Road Railway Colony The Rail Land Development Authority (RLDA), a statutory authority of Indian Railways, has invited bids for the redevelopment of the Boulevard Road Railway Colony in Delhi. The land, approximately 2.156 hectares (21,568.35 sqm) in size

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Rithwik Projects Wins Dongari Depot Contract for Mumbai Metro's Red Line

Rithwik Projects Wins Dongari Depot Contract for Mumbai Metro's Red Line

The Mumbai Metropolitan Region Development Authority (MMRDA) has announced that Rithwik Projects Pvt. Ltd. has emerged as the lowest bidder (L1) for the construction contract of the Dongari Depot for Mumbai Metro's Red Line. This

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Tata Power to Invest ₹20,000 Cr in FY25 to Accelerate Renewable Energy

Tata Power to Invest ₹20,000 Cr in FY25 to Accelerate Renewable Energy

Tata Power, one of India's leading integrated power companies, held its 105th Annual General Meeting (AGM) for the Financial Year 2023-24. Chairman Mr. Natarajan Chandrasekaran highlighted the company's strong financial and operational

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FY25 Budget to Focus on Rural Economy, Capex, Fiscal Deficit Reduction

FY25 Budget to Focus on Rural Economy, Capex, Fiscal Deficit Reduction

CareEdge Ratings expects the Union Budget to focus on supporting consumption through higher allocations for the rural economy, welfare schemes, and agriculture, while continuing emphasis on manufacturing and capital expenditure (capex).

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Government to Build 1056 Homes in Chhatrapati Sambhaji Nagar under PMAY

Government to Build 1056 Homes in Chhatrapati Sambhaji Nagar under PMAY

In a bid to improve living standards for homeless citizens, the government has announced the construction of 1056 new homes at Nakshatrwadi in Chhatrapati Sambhaji Nagar under the Pradhan Mantri Awas Yojana (PMAY). This was

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Waaree Renewable Technologies Secures 22 MW Solar Project from ISMT

Waaree Renewable Technologies Secures 22 MW Solar Project from ISMT

Waaree Renewable Technologies Limited (WRTL), a subsidiary of Waaree Energies Limited, India's largest solar PV module manufacturer, has been selected by ISMT Limited, a Kirloskar group company, for a turnkey EPC project. This 22 MW A

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India to Develop Community Infrastructure in Marshall Islands

India to Develop Community Infrastructure in Marshall Islands

India has announced plans to develop community infrastructure projects in the Marshall Islands as part of its Pacific outreach. These projects include the construction of a community sports centre, an airport terminal, and two community

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SRM Contractors Secures ₹278.48 Cr EPC Highway Project

SRM Contractors Secures ₹278.48 Cr EPC Highway Project

SRM Contractors has signed an agreement with the National Highways Authority of India (NHAI) for an EPC project valued at ₹278.48 crore. The project involves the upgradation and strengthening of the Nashri-Chenani section from

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MMR Sees Record Surge in Average Home Sales Value in Q2 2024

MMR Sees Record Surge in Average Home Sales Value in Q2 2024

The Mumbai Metropolitan Region (MMR) has witnessed an unprecedented surge in the average registered home sales value in the second quarter of 2024, according to Square Yards' latest report. The average registered home sales

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MoPSW Approves ₹46.47 Lakh Dredged Sediment Reuse Project

MoPSW Approves ₹46.47 Lakh Dredged Sediment Reuse Project

The Union Ministry of Ports, Shipping, and Waterways (MoPSW) has sanctioned a research project on the "Valorization of Dredged Sediments" with an estimated budget of ₹46,47,380. The project aims to reuse dredged sediments

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Coal Ministry Signs Agreements for Three Coal Mines

Coal Ministry Signs Agreements for Three Coal Mines

The Ministry of Coal successfully executed Coal Mining Development and Production Agreements for three mines auctioned under the Second Attempt of the 7th Round, marking a significant milestone in commercial coal mining. The mines

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