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LATEST NEWS
L&T Construction bags contract from Bangladesh Hi-tech Park Authority

TheConstruction arm of Larsen & Toubro has secured a significant* order fromthe Bangladesh Hi-Tech Park Authority to construct Hi-Tech IT Parks at eightlocations (two packages at four locations each) across Bangladesh. This projectis being funded by the Indian EXIM Bank and is the first IT and Office Spaceorder that L&T has secured in Bangladesh.

Themajor scope of work for the project comprises Procurement and Construction of sevenstoried structural steel buildings at all eight locations with BUA of 1.2 millionsq.ft. including Civil, Finishes, Façade, and Electromechanical works with LEEDGold rating. The scope also includes HVAC, Lift, Electrical, Fire FightingSystem, Public Health Engineering, Networking and Security System, BuildingManagement System, Site Development, Road, Boundary wall, Landscaping, Arboriculture,etc.

Theproject locations are in Rangpur, Natore, Jamalpur, Mymensingh, Dhaka, Khulna,Gopalganj and Barishal districts of Bangladesh. The project is scheduled to becompleted within stringent timelines.

 

*Project Classification

Classification

Significant

Large

Major

Mega

Value in ? Cr

1,000 to 2,500

2,500 to 5,000

5,000 to 7,000

>7,000


NEWS ----------SEPTEMBER 2018 Issue
Cygni Energy raises $6.4 Mn to power growth & expansion

Hyderabad-based Cygni Energy Pvt. Ltd., an innovative Solar-DC solutions start-up, has announced that it has raised funds of $6.4-mn through a combination of equity and debt. The equity funding is led by Endiya Partners, a leading early stage venture capital firm that invests in product start-ups, and the debt by IndusInd B   READ MORE...
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Cosmos Solutions receives US$950-mn for new eco-friendly energy product
Cosmos Solutions Pvt. Ltd.’s patented new technology to generate more power from engines using micro controllers received a major green signal with a private equity of US$950-million from Linetrust Offshore Ltd. The Head of private equity of Linetrust ASEAN, Dr. Sailesh Lachu Hiranandani, who has spared no effort in promoting the development of renewable energy, assured Cosmos   READ MORE...
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Black & Veatch bags IEDCL’s 41MW hybrid project
Black & Veatch has been selected to provide engineering expertise to IL&FS Energy Development Company Limited’s (IEDCL) 41 megawatt (MW) solar photovoltaic (PV), wind, and battery storage hybrid project in India. Core components of the project are 25 MW solar PV and 16 MW wind power generation systems, coupled to an optimised energy storage system.

Technical services for the   READ MORE...