L&T bags orders worth Rs 2,500 cr from government entitiesFrom Jharkhand government, L&T bagged and engineering, procurement and construction order from the Jharkhand Urban Infrastructure Development Company. In West Bengal, the company got an order from State Project Management Unit for flood protection works and embankment strengthening of Damodar river in East Bardhhaman and Hooghly districts.
SFIO to probe fund diversion at CG Power“The probe had found certain instances of funds being transferred to the promoter's company. When Thapar was confronted with the same, he refused to give satisfactory replies,” added one of the officials cited above. There was no response from Thapar or the company to a query on this matter from ET.
KEC International wins orders worth Rs 1,807 crore from rail, power T&DThe orders include railway jobs worth business Rs 1,303 crore for overhead electrification of railway lines and associated civil works, construction of road over bridges, roadbeds, major and minor bridges. Its arm SAE Towers have also bagged orders worth Rs 283 crore for power transmission and distribution projects in India, East Asia Pacific and the Americas.
L&T bags HPCL's order worth over Rs 7,000 croreL&T Hydrocarbon Engineering will execute the order for residue up-gradation facility for HPCL. The order entails engineering, procurement, construction and commissioning of a RUF for Visakh Refinery Modernisation Project at the Vizag Refinery.
Adani Enterprises sets up new arm for metro rail businessThe subsidiary, which is yet to start operations, has authorised share capital of Rs 5 lakh and paid-up share capital of Rs 1 lakh. With Indian cities taking up metro projects, the sector is attracting infrastructure majors, both locally and abroad.