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BAGGED IT!
ECONOMY & POLICY

BAGGED IT!

L&amp;T-Seaport Dredging Jv<br /> Contract value: Rs.1,824 crore<br /> Particulars: Marine construction<br /> L&amp;T's Heavy Civil Infrastructure business has bagged a government order in a JV with Seaport Dredging for the construction of various marine facilities. <br /> <br /> Gayatri Projects<br /> Contract value: Rs.1,483 crore<br /> Particulars: Irrigation<br /> Gayatri Projects has bagged an irrigation contract for the formation of Sri Komaravelli Mallanna Sagar Reservoir with a capacity of 50 TMC, as part of the Kaleshwaram Lift Irrigation project.<br /> <br /> NCC, L&amp;T and Shapoorji Pallonji<br /> Contract value: Rs.2,652 crore<br /> Particulars: Construction<br /> The Government of Andhra Pradesh has entrusted the multi-tower housing contract to construct 18 towers in Amaravati to NCC, L&amp;T and Shapoorji Pallonji.<br /> <br /> BHEL<br /> Contract value: Rs.20,400 crore<br /> Particulars: Thermal power plant<br /> BHEL has bagged an order from Telangana State Power Generation Corporation for Yadadri thermal power plant comprising five units of 800 MW supercritical sets on EPC basis in Nalgonda district.<br /> <br /> Simplex Infrastructures<br /> Contract value: Rs.1,080 crore<br /> Particulars: Metro <br /> Simplex Infrastructures will design and construct the viaduct and 11 elevated stations on the Mumbai Metro-2B Corridor.<br /> <br /> Solar Industries India<br /> Contract value: Rs.1,143.63 crore<br /> Particulars: Coal <br /> Solar Industries India has bagged a contract from Coal India for supply of 3,75,412 MT bulk explosives to the subsidiaries of Coal India.<br /> <br /> Larsen &amp; Toubro<br /> Contract value: Rs.866 crore<br /> Particulars: Construction<br /> L&amp;T's Building &amp; Factories business division has bagged an order for the design and construction of 22 towers (S+12 floors).<br /> <br /> NBCC<br /> Contract value: Rs.400 crore<br /> Particulars: Construction<br /> NBCC India has bagged a contract to reconstruct Manora Aamdar Niwas building in Mumbai.<br /> <br /> L&amp;T Hydrocarbon Engineering<br /> Contract value: Rs.1,267 crore<br /> Particulars: Offshore contract<br /> L&amp;T Hydrocarbon Engineering has bagged an offshore contract for the balance work for pipeline replacement project-4 from ONGC. <p></p>

L&amp;T-Seaport Dredging Jv<br /> Contract value: Rs.1,824 crore<br /> Particulars: Marine construction<br /> L&amp;T's Heavy Civil Infrastructure business has bagged a government order in a JV with Seaport Dredging for the construction of various marine facilities. <br /> <br /> Gayatri Projects<br /> Contract value: Rs.1,483 crore<br /> Particulars: Irrigation<br /> Gayatri Projects has bagged an irrigation contract for the formation of Sri Komaravelli Mallanna Sagar Reservoir with a capacity of 50 TMC, as part of the Kaleshwaram Lift Irrigation project.<br /> <br /> NCC, L&amp;T and Shapoorji Pallonji<br /> Contract value: Rs.2,652 crore<br /> Particulars: Construction<br /> The Government of Andhra Pradesh has entrusted the multi-tower housing contract to construct 18 towers in Amaravati to NCC, L&amp;T and Shapoorji Pallonji.<br /> <br /> BHEL<br /> Contract value: Rs.20,400 crore<br /> Particulars: Thermal power plant<br /> BHEL has bagged an order from Telangana State Power Generation Corporation for Yadadri thermal power plant comprising five units of 800 MW supercritical sets on EPC basis in Nalgonda district.<br /> <br /> Simplex Infrastructures<br /> Contract value: Rs.1,080 crore<br /> Particulars: Metro <br /> Simplex Infrastructures will design and construct the viaduct and 11 elevated stations on the Mumbai Metro-2B Corridor.<br /> <br /> Solar Industries India<br /> Contract value: Rs.1,143.63 crore<br /> Particulars: Coal <br /> Solar Industries India has bagged a contract from Coal India for supply of 3,75,412 MT bulk explosives to the subsidiaries of Coal India.<br /> <br /> Larsen &amp; Toubro<br /> Contract value: Rs.866 crore<br /> Particulars: Construction<br /> L&amp;T's Building &amp; Factories business division has bagged an order for the design and construction of 22 towers (S+12 floors).<br /> <br /> NBCC<br /> Contract value: Rs.400 crore<br /> Particulars: Construction<br /> NBCC India has bagged a contract to reconstruct Manora Aamdar Niwas building in Mumbai.<br /> <br /> L&amp;T Hydrocarbon Engineering<br /> Contract value: Rs.1,267 crore<br /> Particulars: Offshore contract<br /> L&amp;T Hydrocarbon Engineering has bagged an offshore contract for the balance work for pipeline replacement project-4 from ONGC. <p></p>

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ADB Approves $110 Million Loan to Boost Skills in Gujarat

The Asian Development Bank (ADB) has approved a USD 109.97 million (Rs 9.27 billion) results-based loan to support Gujarat’s efforts to become a global industrial hub by developing a future-ready, skilled workforce.The funding will back the Gujarat skills development programme, led by the Department of Labour, Skill Development and Employment in collaboration with Kaushalya: The Skill University (KSU). The initiative aims to equip the workforce with advanced, industry-aligned skills to meet rising employment demand in high-growth sectors.According to ADB, the programme seeks to strengthen in..

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SDAL Tests Rudrastra UAV and Bhargavastra Defence System

Solar Defence and Aerospace Limited (SDAL) has successfully completed a key flight test of its indigenous Hybrid VTOL UAV Rudrastra at the Pokharan Firing Range, aligning with Indian Army performance benchmarks for mission adaptability, high endurance, precision engagement, and vertical take-off and landing (VTOL) capability.The trial marks a notable achievement in India’s Aatmanirbhar Bharat initiative, underscoring advancements in home-grown military technology. The Rudrastra UAV demonstrated a mission radius exceeding 50 km with uninterrupted video relay, a total operational range of over..

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Maruti Suzuki, Equitas Bank Tie Up for Car Financing

Maruti Suzuki India Ltd has signed a memorandum of understanding (MoU) with Equitas Small Finance Bank to expand vehicle financing access for its customers across India. The collaboration aims to provide a range of tailored and affordable financing solutions for new cars, used cars, and commercial vehicles.The agreement was formalised with Maruti Suzuki’s Senior Executive Officer Partho Banerjee and Equitas Bank’s Head of Retail Assets, Jagadesh J, exchanging documents in the presence of officials from both organisations.In a statement, Maruti Suzuki said the partnership would enhance affo..

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