Kalpataru Projects International Ltd, the leading EPC major, reported recently that the new order book had been added, with a value of as impressive as Rs 2,174 crore. The different projects include the country’s elevated metro rail project and T&D projects both within and outside India, and residential building developments. This significant order inflow has now taken KPIL’s year-to-date total …
Delhi Metro Rail Corporation has announced the development of a Ridge Interpretation Centre at Patel Chowk metro station. This center would act as an educative platform that would depict the ecological importance of Delhi Ridge and help the citizens and visitors of the city develop sensitiveness toward this vital lung area of the city. The construction of this centre is …
DMRC marked another important milestone for the Phase IV project of Delhi Metro with the conclusion of Afcons Infrastructure to execute the longest drive of its type for the tunnel of Tughlakabad-Aerocity corridor. The achieved tunnel marks a significant step for expansion in Delhi metro’s network as one of the key sections of the line scheduled to come up within …
Fairfax India, the Indian unit of billionaire Prem Watsa’s Canadian investment firm, continues to create market buzz with another strategic acquisition when it acquired yet another 10% stake in Bangalore International Airport Limited, or BIAL, for $255 million. Such a deal significantly strengthens Fairfax’s control in the airport venture and lifts ownership levels to a majority of 74%. This step …
The Cabinet of Madhya Pradesh has sanctioned a massive infrastructural development work that would bring connectivity improvement ahead of the grand religious event called Simhastha 2028. Estimated to cost about Rs 2,312 crore, the four-lane highway connecting the two significant cities of Indore and Ujjain, is proposed as part of it. The project has been planned with the perspective of …