fbpx

PM Modi Unveils Gurugram Metro and AIIMS Rewari Projects

Like Prime Minister Narendra Modi is scheduled to inaugurate the Gurugram Metro project along with seven to eight other projects virtually. Among them is the AIIMS Rewari at Majra Bhalkhi village. The Gurugram Metro project has been a longstanding demand for the city, finally approved in June last year. The 26.65 km extension from Huda
The post PM Modi Unveils Gurugram Metro and AIIMS Rewari Projects appeared first on SSMB.

JSW-JFE JV Invests ₹5,500 Cr in Bellary for Electrical Steel Facility

Like JSW Steel and JFE Steel Corporation’s joint venture, JSW JFE Electrical Steel, is set to establish a facility in Bellary, Karnataka, with a planned investment of ₹5,500 crores. The production is slated to commence in 2026-27 (Apr-Mar). This collaboration aims to be the first in India with end-to-end manufacturing of grain-oriented electrical steel products,
The post JSW-JFE JV Invests ₹5,500 Cr in Bellary for Electrical Steel Facility appeared first on SSMB.

Kalyani Steel’s Rs 26,000 Cr Investment in Aerospace, Steel Hub in Odisha

Like Kalyani Steel Limited is planning a significant investment of Rs 26,000 crore for the establishment of a complex in Gajamara, Odisha. The proposed facility will focus on manufacturing titanium metal, aerospace components, integrated advanced speciality steel, and automotive components. The Odisha state cabinet approved special incentives for this venture, recognizing it as the state’s
The post Kalyani Steel’s Rs 26,000 Cr Investment in Aerospace, Steel Hub in Odisha appeared first on SSMB.

BMC Appoints Consultant for Mumbai Coastal Road and Twin Tunnels

Like The Brihanmumbai Municipal Corporation (BMC) is set to appoint a Project Management Consultant (PMC) for Phase 2 of the Mumbai Coastal Road Project (MCRP) and the Goregaon-Mulund Link Road Project (GMLR), specifically for the twin tunnels. The selected PMCs will oversee the overall progress of the projects, including the finalization of contract designs. In
The post BMC Appoints Consultant for Mumbai Coastal Road and Twin Tunnels appeared first on SSMB.

GMR Airports in Race for $3B Manila Airport Redevelopment

Like GMR Airports, a prominent infrastructure player, is among the top contenders for the $3 billion redevelopment contract of Ninoy Aquino International Airport in Manila. The other two bidders are San Miguel Corporation, a Philippines-based conglomerate, and the Manila International Airport Consortium (MIAC). GMR’s consortium includes Cavitex Infrastructure Corporation and the House of Investments, operating
The post GMR Airports in Race for $3B Manila Airport Redevelopment appeared first on SSMB.

CM Biren Singh Inaugurates Rs. 58 Cr LGSF Housing Complex in Manipur

Like Manipur Chief Minister N. Biren Singh recently inaugurated the Alternate Housing Complex situated at the National Games Village, Langol. The event, organized by Manipur Municipal Administration, Housing and Urban Development (MAHUD), marked a significant milestone in the state’s development. The Planning and Development Authority of Manipur served as the implementing agency for this housing
The post CM Biren Singh Inaugurates Rs. 58 Cr LGSF Housing Complex in Manipur appeared first on SSMB.

Rs 12,900 Crore Invested in Domestic Steel Under PLI Scheme

Like An official statement revealed that the domestic steel sector has already seen an investment of approximately Rs 12,900 crore under the Production-Linked Incentive (PLI) scheme for specialty steel. In March 2023, 57 Memorandum of Understandings (MoUs) were signed, targeting an investment of about Rs 29,500 crore by FY28. The PLI scheme aims to add
The post Rs 12,900 Crore Invested in Domestic Steel Under PLI Scheme appeared first on SSMB.

McLaughlin & Harvey suffers £8.6m loss

Privately-owned contractor McLaughlin & Harvey fell £8.5m into the red last year after suffering losses principally at its Northern Ireland construction business and Scottish environmental arm. Group revenue rose in the year to June 2023 reaching £736m, compared to a pro- rata 12-month figure of £533m in the previous year, which was reported over 18