Epc Projects

EPCs may have opportunities worth Rs 2.6 trn over next decade: ICRA

Projects worth ₹80,000 crore are estimated to be awarded in the next four years

Ashoka Buildcon soars 9%, hits all-time high on order win worth Rs 2,152 cr

The surge came after the company bagged two orders worth Rs 2,150 crore from Maharashtra State Road Development Corporation Ltd (MSRDC)

Commerce ministry proposes new bye-laws for election of EPCs, FIEO

The commerce ministry has proposed revised election bye-laws for all export promotion councils (EPCs) including apex exporters' body FIEO, under which a chairman will hold office for two years and will not be eligible for the immediate next election. The revised model articles of associations/bye-laws for EPCs and Federation of Indian Export Organisations (FIEO) are required to be adopted by these bodies and conduct elections of their office-bearers. The model bye-laws have already been circulated to all these councils and organisations for adoption. This was proposed by a three-member panel set up by the ministry in May to review the eligibility criteria for the election to make them more inclusive and representative. It was reviewing the eligibility criteria for the election of office bearers of EPCs and FIEO. The panel reviewed the existing guidelines and made suitable recommendations about representation of different stakeholders in the managing committee and other posts. Afte

Commerce ministry panel reviews guidelines for elections of EPCs, FIEO

The commerce ministry's committee, which is reviewing the eligibility criteria for the election of office bearers of export promotion councils (EPCs) and apex exporters body FIEO, is expected to submit its report by end of this month, an official said. Exporters have urged the ministry for early release of the report so that elections can be conducted in the councils and Federation of Indian Export Organisations (FIEO) as per the new criteria. The official said that a draft report was circulated to the councils and suggestions have been sought. "We have received the feedback. The committee will review that and the report would be submitted to the higher authorities of the ministry," the official added. In May this year, the ministry decided to review the eligibility criteria for the election to make them more inclusive and representative. A three-member panel was constituted to review the existing guidelines and make suitable recommendations about representation of different ...

KEC International surges 6% to hit 52-week high on Rs 1,373-crore order win

The company is witnessing a good traction in the tower supply orders, especially in North America, the management said.

From RIL to L&T and Adani, corporate giants build on EPC rule change

A shift from the high-debt hybrid annuity scheme for infra projects to a low-debt, performance-linked model is encouraging government and private majors to pivot to this business in a bigger way

Reliance Industries seeks shareholder nod to alter MoA for EPC undertaking

Move comes following approval by RIL board in October to restructure the business; company also seeking shareholder nod for appointment of KV Kamath as RIL independent director

RIL to demerge subsidiary RPPMSL's EPC business, combine it with its own

The demerged undertaking, together with the existing EPC team of RIL, will create a focused EPC undertaking to cater to the needs of the group

Domestic module manufacturer Vikram Solar gets Sebi nod to launch IPO

The firm produces solar photo-voltaic modules and is an integrated solar energy solutions provider offering EPC services, and operations and maintenance services

India's largest floating solar power project now operational in Telangana

Energy conglomerate National Thermal Power Corporation (NTPC) has set up the 100 megawatt (MW) plant through Bharat Heavy Electricals (BHEL) under Engineering, Procurement and Construction contract

Ministry of Railways to monetise redeveloped stations through REITs

The decision assumes significance as MoR has been lagging behind in achieving its targets under the National Monetisation Pipeline (NMP) of the Centre, during the last fiscal year

KNR Constructions dips 4%, hits 52-week low on margin concerns

As on March 31, 2022, the company has an order book position of Rs 9,001 crore. With this, KNR has targeted further order book inflow of Rs 4,000 to Rs 5,000 crore for the year FY23.

EPC road firms could face slowdown in revenue growth in FY20, FY21: Crisil

Slower project awarding and delayed receipt of 'appointment date' (on which projects are kicked off) from the NHAI are the main contributors to this decline

Waiver of earnest money deposit relief for mid-sized highway players: Icra

Central road implementation agencies seek 1% of contract value as bid bond guarantees

NHAI at a crossroads on debt servicing; 'concerned' PMO raises red flags

According to SBI Caps, the proportion of debt funding has risen sharply in the recent NHAI projects

Govt plans monetisation of EPC projects just after completion

Immediate monetisation would allow the govt to save on operation and maintenance cost