Infrastructure Sector

GMR Plans Rs 10, 000 Cr Investment For Nuclear Power Plant

GMR Energy, unit of GMR Infrastructure, plans investment of over Rs 10,000 crore to set up a 2,000 - 3,000 MW nuclear power plant in the country within 5-7 years.

For the foray, the company has already hired experienced people including former chairman and managing director MD MR Srinivasan.

Within six months to one year, the company expects to come up with a broad plan in place.

The company is in talks with equipment and fuel suppliers in France, United States and Korea.

Also, Executive vice-president Avinash R Shah of the company, said, "We have held talks with equipment as well as fuel suppliers and will firm up a plan in the next one year."

Era Infra Receives Contract Worth Rs 2.09 Bn From NRDA

Era Infra Engineering has disclosed that it has bagged a contract worth Rs 2.09 billion from Era Infra Receives Contract Worth Rs 2.09 Bn From NRDANaya Raipur Development Authority (NRDA) for the construction of Head of Department Building at Capitol Complex, Naya Raipur, Chhattisgarh.

Era Infra Engineering is a fully integrated infrastructure conglomerate that specialiges in infrastructure development, pre-engineered building blocks and real estate development.

Recently, the company’s joint venture with KMB has won Rs 129.65 crore contract from the Airports Authority of India (AAI).

Slow Down In India’s Core Infrastructure Growth

The core infrastructure sector of has witnessed slowdown in the growth in the months of April-July.

Punj Lloyd bags contract worth S$54 million

Punj Lloyd bags contract worth S$54 millionPunj Lloyd, one of India's leading engineering companies, has informed that its wholly-owned Singapore subsidiary, Punj Lloyd Pte. Ltd. has been awarded a contract worth S$54 million (Rs 167 crore) by FWP.

As per the order, Punj Lloyd will carry out select utilities mechanical works on Jurong Island, Singapore.

FWP is a joint venture between Foster Wheeler Asia Pacific and Worley Parsons.

Rajish Dhall, technical analyst at Observe Securities has advised the investors to remain invested in the counter.

Gammon Infrastructure secures LoA worth Rs 1510 crore

J Kumar Infraprojects bags order worth Rs 62 crore

J Kumar Infraprojects bags order worth Rs 62 croreJ Kumar Infraprojects Ltd, a civil engineering and infrastructure development company, has secured an order worth Rs 62 crore from Pune Municipal Corp JNNURM Division No 2, Pune to Construct Brigde cum Flyover at Holker Bridge on Mula River in Pune City.

Following the above order the order book position of the company, as on date, stands around Rs 746.95 crore.

The company recently entered stock markets with IPO. The stock couldn't offer good returns to investors as stock markets remained weak during the first half of year 2008.

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