ABB has won an order worth about Rs 175 crore from Powergrid Corporation of India Ltd to supply equipment for the Champa transmission substation in Chhattisgarh.
Ashoka Buildcon Ltd has won the bid for the project floated by the National Highways Authority of India (NHAI) for design, build, finance and operation of rehabilitation and upgradation of four-laning of Cuttack-Angul Section of NH-42 for a distance of 112 km in Orissa under NHDP Phase IV at a cost of Rs 1,123.69 crore with the concession period of 23 years.
J. Kumar Infraprojects Ltd has received work order worth Rs 520 crore for construction of building in Rajasthan from Uttar Pradesh Rajkiya Nirman Nigam Ltd.
Praj Industries Ltd's board of directors will, on December 3, consider the buy-back of shares.
Ramky Infrastructure Ltd has bagged two road projects from NHAI totally worth Rs 2,240 crore. While the six-laning of Agra-Etawah bypass section (contracted distance) of NH-2 under NHDP Phase V in Uttar Pradesh would cost Rs 1,207 crore, four-laning of Hospet-Chitradurga section of NH-13 in Karnataka under NHDP Phase III would cost Rs 1,033.65 crore.
Sterlite Technologies Ltd has said that the High Court of Bombay has approved the Scheme of Amalgamation of Sterlite Infra-Tech Ltd (100 per cent subsidiary) with itself and Sterlite Infra-Tech Ltd stands amalgamated with the company effective from December 1.
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