Infrastructure Sector

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.

Nagarjuna Construction secures three orders worth Rs 474 crore

Nagarjuna Construction Company LimitedHyderabad-based infrastructure major Nagarjuna Construction (NCCL) has bagged three orders worth Rs 474 crore from various firms.

The company has bagged first order worth Rs 252 crore from Engineers India for development of sports facilities and associated infrastructure development work for Commonwealth Games-2010 at North Campus, Delhi University. The project will be completed over a period of 18 months.

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