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14 May 07 Elecon Engineering gets new order from ACC

Elecon Engineering has informed the Indian stock exchanges that it has bagged a new order from ACC. Elecon Engineering has informed that the size of the order is Rs. 24 crores. This order adds to the bulging order book of Elecon Engineering giving it a very high earnings visibility.

14 May 07 IVRCL Infrastructures & Projects gets two new projects

Hyderabad based Infrastructure development company, IVRCL Infrastructures & Projects has informed the Indian stock exchanges that it has bagged two new projects which are cummulatively worth over Rs. 383.05 crores. These projects have been awarded by the Andhra Pradesh state Government and by Goa State Infrastructure Development Corporation.  The shares of IVRCL surged on the bourses today after the announcement was made.

14 May 07 Punj Lloyd gets contract from GAIL

Punj Lloyd, a leading indian construction and infrastructure company, has informed the Indian stock exchanges that it has received a contract worth Rs. 122.65 crores from GAIL India Limited for constructing the panvel dabhol pipeline project. More details about this new contract and its completion period are expected soon.

08 May 07 L&T (Larsen and Toubro) wins new order

Leading Capital goods and infrastructure company L&T (Larsen and Toubro) won a new order today  from the Abu Dhabi Water & Electricity Authority. L&T (Larsen and Toubro) has informed the stock exchanges that the new order is valued at Rs. 215 crores. As per the terms of the contract, L&T will supply and install 33 kV cables and fibre optic cables as per the specifications of international consultant, Lahmeyer International Gmbh for inter connections between various substations in the eastern region of Abu Dhabi area. L&T estimates that the contract will be executed within 18 months.

26 Apr 07 PSL Ltd bags new pipeline projects

PSL Ltd today announced that it had bagged several new pipeline projects worth over Rs. 1000 crores in the month of April alone. The company has a bulging order book which gives excellent earnings visibility. These include onshore gas pipeline projects orders worth Rs 700 crores for supply of pipes for GSPLs Gas Grid along with export orders from  Iran  & Malaysia. The new projects include the onshore gas pipeline projects orders worth Rs. 700 crores for the supply of  pipes for the GSPL Gas Grid. PSL Ltd has also recieved export orders from Malaysia and Iran.

25 Apr 07 L&T bags new order from UAE based firm Nakheel

Leading Infrastructure and capital goods company, L&T has announced that it has bagged a new order from UAE based firm Nakheel. L&T has said that the order is worth Rs. 200 crores. The L&T order is for building a prestigious residential project in Dubai. The  project will be executed byL&T’s construction division.

The construction of the entire project is scheduled to be completed in  about one and a half years from the date of commencement of the project. The project involves construction of 31 luxury villas. This is the third big order that L&T has bagged in the recent past.

25 Apr 07 Atlanta bags new order worth Rs 15.75 crores

Construction major, Atlanta has announced that it has received a water supply project worth Rs.15.75 crores from the Vena irrigation project in Nagpur. Atlanta also informed that the order is estimated to be executed in about four months.

25 Apr 07 Madhucon Projects bags new irrigation project

Madhucon Projects today announced that it bagged an irrigation project of GNSS main canal in Kadapa district in Andhra Pradesh. This project is valued at around Rs. 134 crores. With this new order Madhucon Projects now has an order book in excess of a whooping Rs. 5000 crores.

Madhucon Projects recently entered into coal mining in Indonesia.  Madhucon Projects has incorporated a fully owned Indonesian subsidary company called PT Madhucon Indonesia for the purpose of coal mining. Madhucon Projects has also entered into the power sector with 48% equity participation in Simhapuri Energy which is a special purpose vehicle (SPV) promoted in partnership with Hyderabad-based Mahalaxmi Group.

After this announcement was made today, the shares of Madhucon Projects surged by about 6% to Rs. 217

25 Apr 07 Everest Kanto Cylinder gets export order

Everest Kanto Cylinder announced that it has bagged export orders worth Rs. 220 crores. Following the news the Everest Kanto stock surged by over 4%. The Everest Kanto Cylinder counter is witnessing a strong bull rally which started in December 2006, when the Everest Kanto Cylinder scrip was trading at its year low of Rs.550. From there, the Everest Kanto Cylinder scrip has rallied non stop to touch a high of Rs.1037 this month.

Everest Kanto Cylinder is the market leader in CNG cylinders used in automobiles and in high pressure industrial gas. It also enjoys a very good market share in medical oxygen, fire fighting and also defence related markets. Everest Kanto Cylinder has a combined manufacturing capacity to produe 7 lakh cylinders per annum through its four manufacturing facilities. Everest Kanto Cylinder has three manufacturing facilities in India and one abroad.

24 Apr 07 Parsvnath Developers wins new project, shares surge

Parsvnath Developers shares spurted today after an announcement was made that Parsvnath Developers had won a new project for an integrated shopping mall and metro station at the games village complex. This is the second DMRC project after Azadpur Metro Station, for which Parsvnath Developers has been awarded construction of the metro station along with a shopping mall.

The project covers 7.3 acres. The shopping mall and station are to be developed in approximately 3,65,000 sq. ft. The project will cost Rs. 160 crores. The concession period for the project is 30 years and it operates on a build-operate-transfer (BOT) basis. The project will be completed by the middle of 2010, before the commencement of Commonwealth Games.

23 Apr 07 Punj Lloyd Limited wins new contract

Punj Lloyd Limited has informed the Indian stock Exchanges that it has been awarded a contract by Reliance Gas Transportation Infrastructure Limited for construction of 48 x 122 Kms of East West Gas Pipeline and associated facilities for a value of Rs. 180.16 crores. This is the third contract that the company has won in the past 10 days.

On 16th of this month, Punj Lloyd secured a contract for construction of pipeline from Oman Gas Company on EPC basis in Oman for a value of Rs.530 crores.

More recently, on the 19th of this month, Punj Lloyd was awarded a contract by Ras Laffan Olefins Company Limited, USA to construct Dense Phase Ethylene and Butene Pipelines between Ras Laffan and Mesaieed Industrial cities in Qatar for a value of Us $ 44.90 Mn.

Its raining contracts for Punj Lloyd this month.