Tuesday, November 27, 2007

Contract changes hold up NELP VII

Contract changes hold up NELP VII
Oil and gas slowdown
Subtraction in blocks on offer due to security concerns
SPECIAL CORRESPONDENTMumbai
The launch of the seventh round of the New Exploration Licensing Policy (NELP VII) has been deferred due to changes in contractual terms. The delay is hugely on account of the government's insistence that law ministry mandarins should vet the changes before the round is formally announced. It is learnt that the revision, which is of a significant nature, is intended to clear hurdles in the way of attracting foreign and private investment in the oil and gas sector. The changes as per the suggestions by the empowered group of ministers (E-GoM) constituted to resolve the natural gas pricing and its allocation issues relate to the bid evaluation criteria (BEC) and a model production-sharing contract (PSC) for the future. Industry sources aver that the price discovery process on arms-length basis will be adopted in future NELP contracts only after the government approves the price formula.

The Empowered Committee has approved amendments which state that until such time as the total availability of natural gas from petroleum production activities in India meets the total national demand as determined by the government, each company comprising the contractor, should sell in the domestic market in India all of the company's entitlement to natural gas from the contract area.

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Tuesday, November 6, 2007

Dr. Subbrami Reddy Presents the Much Awaited Construction World NICMAR Awards 2007

Top 60 Companies Receive Awards Across12 Different Categories.Winners include Maytas Infra, Subhash Projects, Era Infra, Essar Constructions, Navayuga Engineering, Lanco Infratech, L&T, BEML, ECEL, ACE, Atlas Copco etc.

The much awaited annual largest event: Construction Awards "Construction World NICMAR Awards 2007" were held on a very grand scale held at ITC Maratha on 30 th October, 2007. Construction World, the largest circulated construction magazine across India and the Gulf with independent editions, declared its 5th annual awards "Construction World NICMAR Awards 2007".
Mr. Pratap Vijay Padode, MD, ASAPP Media Information Group informed "Construction stocks are ruling the stock markets too and we have added new categories of real estate in our model for evaluation of growth. We are happy that we have been able to bring this sector into limelight by defining new standards of professionalism and achievement".

The awards were presented by Chief Guest Dr. T. Subbrami Reddy, Union Minister of State for Mines and Guest of honor Shri. M.Venkata Ramana Rao, Minister of infrastructure & investment, ports, airports & natural gas, Government of Andhra Pradesh . Around 500 top level corporate captains of large corporates from across India were present to attend this function. Also present were Atul Tandon, Chairman, ASAPP Media, Dr. A Ramakrishna, Ex MD L&T and filmmaker Ashok Pandit.

There are overall 60 awards. The categories for which are 1) India's most admired companies 2) Fastest Growing Construction Companies 3) Fastest Growing Construction Equipment companies 4) Fastest Growing Building Material companies 5) Fastest Growing Real Estate companies

The list of the panelists who had short listed the names of the companies for above categories for awards includedList of Advisory Panel in 2007

1) S. A. Reddy, Deputy Managing Director, Gammon India Ltd.,
2) Vikram Sud, Group Chief Operation Officer, Kotak Mahindra Bank
3) Niranjan Hiranandani, Managing Director, Hiranandani Developers Pvt. Ltd.
4) Dr. Mangesh Korgaonkar, Director General, NICMAR
5) Daksesh Parikh, Executive Editor, Business India
6) Sunil Damania, Executive Editor, Dalal Street Journal
7) Ashish Raheja, Managing Director, K Raheja Universal Pvt. Ltd
8) Anil Singhvi, Managing Director ICAN Investment Advisors Ltd.
9) Chetan Shah Director Mergers & Acquisitions Vice Chairman's Office The Indian Hotels Company limited.


For more information:
ASAPP Media Pvt. Ltd.
A-303, Navbharat Estates, Zakaria Bunder Road, Sewri (West), Mumbai 400 015, INDIA. Tel: 91-22-2419 3000 (Board Line), Fax: 24175734


A Vote of Thanks by Mr. N K Nag



Mr. N K Nag, Executive Director (M&A), MBA, proposes a vote of thanks.




Mr. Atul Tandan, Chairman, ASAPP Media informing about group future plans



Mr. Atul Tandan, Chairman, ASAPP Media Information Group informs the audience about the group’s future plans at the Construction World Awards 2007.




A Vote of Thanks by Falguni Padode at CW Awards 2007



Falguni Padode, Managing Editor, CW, sums up the proceedings with a vote of thanks.


Dr A Ramakrishna, Larsen and Toubro at CW Awards 2007



Dr A Ramakrishna, Advisor, Larsen and Toubro, presented the industry’s envisioned future in his keynote address.




Essar Constructions awarded at the CW Awards 2007



Mr. V N Paradkar, CEO, Essar Constructions, receives the award for the Third Fastest Growing Construction Company in the Large Category.




Mr. J B Chandradhara, Navayuga Engineering, receives awarded at the CW Awards 2007



Mr. J B Chandradhara, President, Navayuga Engineering, receives the award for the Second Fastest Growing Construction Company in the Large Category.





Subhash Projects awarded for the Fastest Growing Construction Company in the Large Category.



Mr. B B Mukherjee, Director, Subhash Projects & Marketing, receives the award for the Fastest Growing Construction Company in the Large Category.




Lanco Infratech, receives an award for the Second Fastest Growing Construction Company



Mr. B Manohar, Director - Operations, Lanco Infratech, receives the award for the Second Fastest Growing Construction Company in the Medium Category.

Maytas Infra, receives an award on 30th Oct '07



Mr. R K Madhav, Director & CEO, Maytas Infra, receives the award for theFastest Growing Construction Company in the Medium Category at the CW Awards 2007.




Dodsal, receives an award for the Indian Global Construction Company.



Mr. Zia Ahmed, Dy. Managing Director, Dodsal, receives the award for theIndian Global Construction Company.




Monday, November 5, 2007

BEML receives an award at the CW Awards 2007



Mr. M Poongavanam, Director - Mining & Construction, Bharat Earth Movers Ltd, receives the award for the Largest and Most Profitable Construction Equipment Company.



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Escorts Construction, receives an award for being the Second Fastest Growing Construction Equipment Company



Mr. Rajesh Sharma, AVP, Sales & Marketing, Escorts Construction Equipment Ltd, receives the award for the Second Fastest Growing Construction Equipment Company. It was also the Third LargestConstruction Equipment Company at the Construction World Awards 2007.

Gujarat Apollo Equipment, receives an award at the CW Awards 2007.



Mr. Snehal Dave, Senior Manager - Marketing, Gujarat Apollo Equipment, receives the award for the Third Fastest Growing Construction Equipment Company.




Second Largest Construction Equipment Company - Tractors India



Mr. Pankaj Dara, GM - Construction, Northern Region, Tractors India Ltd, receives the award for the Second Largest Construction Equipment Company.

the Fastest Growing Construction Equipment Company "ACE Ltd"



Mr. Navdeep Singh, Head - Marketing & Product Support, Action Construction Equipment Ltd, receives the award for the Fastest Growing Construction Equipment Company.




Sandvik Asia, receives the award for the Fastest Growing Equipment Company.



Mr. V Venkataramana, VP - Construction, Sandvik Asia, receives the awardfor the Fastest Growing Equipment (Instrumentation) Company.


Atlas Copco, receives an award.


Mr. Kishore Sidhwani, GM, Atlas Copco, receives the award for the Fastest Growing (Compressor, Construction and Mining) Equipment Company.


A link to the original Photo-feature http://www.constructionupdate.com/events/cwawards2007/postevent/photofeature/index.html

Mr. A J Patel, receives and award at the CW Aawrds 2007.



Mr. A J Patel, President - Tech. Works, Elecon Engineering, receives the award for the Fastest Growing Equipment (Material Handling) Company.




Mr. Uday Damle, Havells, at the CW Awards 2007.



Mr. Uday Damle, Manager - Sales, Havells, at the function. Havells was honoured as the 'Fastest Growing Equipment (Electric) Company'.




Sanghvi Movers, receives an award at CW Aawrds 2007.



Mr. R K Ozarkar (GM - Operations) Sanghvi Movers, receives the award for being the Fastest Growing Construction Equipment-Rental Company.




Patel Engineering, received an award for being one amongst ‘Most Admired Construction Companies’.



Mr. Ashwin Parmar, Deputy Director, Business Development, Patel Engineering, receives the award for being one amongst ‘Most Admired Construction Companies’.




Mr. Ashok Verma, Engineers India, receives an award



Mr. Ashok Verma, General Manager, Engineers India, receives the award for being one amongst ‘Most Admired Construction Companies’.




Thermax receives an award at the CW Awards 2007.



Mr. Feroze Bacha, Corporate Regional Manager, Thermax, awarded for being one amongst ‘Most Admired Construction Companies’.




Konkan Railway Corporation, receives an award at the Construction World Awards 2007.



Mr. Rajendra Kumar, Chief Engineer, Konkan Railway Corporation, receives the award for being one amongst ‘Most Admired Construction Companies’.




Jaiprakash Associates, receives an award at the CW Awards 2007



Mr. R K Jain, Company Advisor for Jaiprakash Associates, receives an award for being one amongst ‘Most Admired Construction Companies’.




IVRCL Infrastructures receives an award for being the ‘Most Admired Construction Companies’.



Mr. Vinod Kulkarni, Senior GM - Western Region, IVRCL Infrastructures & Projects, receives the award for being one amongst ‘Most Admired Construction Companies’.

Afcons Infrastructure receives an award at the Construction World Awards 2007.



Mr. A R Dharadhar, AVP, Afcons Infrastructure receives the award for beingone amongst ‘Most Admired Construction Companies’.




Punj Lloyd awarded as one amongst ‘Most Admired Construction Companies’.



Sandeep Garg, President, Punj Lloyd, receives the award for being oneamongst ‘Most Admired Construction Companies’ at the Construction World Awards 2007.




Tata Projects, receives an award for being one amongst ‘Most Admired Construction Companies’.



Mr. K P Singh, Managing Director, Tata Projects, receives the award for being one amongst ‘Most Admired Construction Companies’.




Unitech, receives the award at the Construction World Awards 2007



Mr. K K Garg, VP, Projects, Unitech, receives the award for being one amongst ‘Most Admired Construction Companies’. It was also awarded for being the Largest & Most Profitable Real Estate Company.




Sobha Developers one amongst ‘Most Admired Construction Companies’.



K Haridas, Advisor, Sobha Developers, receives the award for being one amongst ‘Most Admired Construction Companies’.




Nagarjuna Construction Company receives the award for the Second Largest Construction Company



Mr. NR Alluri, Director, Nagarjuna Construction Co receives the award for the Second Largest Construction Company. It was also awarded for being one amongst ‘Most Admired Construction Companies’.




Shapoorji Pallonji and Company receives the award



Brig. J M Kohli, Head, Corporate Affairs, Shapoorji Pallonji & Co, receives the award for being one amongst ‘Most Admired Construction Companies’.




HCC awarded as the Third Largest Construction Company



Anjan De, Head - Transport Sector, Hindustan Construction Company, receives the award for the Third Largest Construction Company. It was also awarded for being one amongst ‘Most Admired Construction Companies’.


Go through this photo-feature

DLF, receives the award for one of the ‘Most Admired Construction Companies’.



Rakesh Sharma, Director, DLF, receives the award for being oneamongst ‘Most Admired Construction Companies’.




Larsen and Toubro, receives award for the Largest and Most Profitable Construction Company.



KG Hariharan, Senior Vice-President, L&T, receives the award for the Largest and Most Profitable Construction Company. It also got a trophyfor being the Most Admired Construction Company.





Winners of Construction Awards Awards 2007


List of Winners of Construction World Nicmar Awards 2007

Aluminium
Hindalco - Largest and MostProfitable Aluminium Company
Madras Aluminium Company Ltd -Fastest Growing Aluminium Company

Cement
Ambuja Cements - Largest and Most Profitable Cement Company
India Cements - Fastest Growing Cement Company

Glass
Asahi Glass - Largest and Most Profitable Glass Company

Stone, Granite & Marble
RK Marble - Largest and Most Profitable Marble, Stone and Granite Company
Aro Granite - Fastest Growing Marble, Stone and Granite Company

Paints
Asian Paints - Largest and Most Profitable Paint Company
Shalimar Paints - Fastest Growing Paint Company

Tiles, Ceramics and Sanitaryware
Nitco Tiles - Most Profitable Tile, Ceramics and Sanitaryware Company
Murudeshwar Ceramics - Second Most Profitable Tile, Ceramics and Sanitaryware Company
Hindustan Sanitaryware - Fastest Growing and Largest Tile, Ceramics and Sanitaryware Company

Wood
Greenply - Largest and Most Profitable Wood Company
Centuryply - Fastest Growing Wood Company

Real Estate Co
Unitech - Largest and Most Profitable Real Estate Company
HDIL - Fastest Growing Real Estate Co (Large Category)
DS Kulkarni - Second Fastest Growing Real Estate Co (Large Category)
Parsvnath Developers - Third Fastest Growing Real Estate Co (Large Category)
Anant Raj Industries - Fastest Growing Real Estate Co (Medium Category)

Construction Equipment Companies
Sanghvi Movers - Fastest Growing Equipment (Rental) Company
Havells - Fastest Growing Equipment (Electric) Company
Elecon Engineering - Fastest Growing Equipment (Material Handling) Company
Atlas Copco - Fastest Growing Equipment (Compressor, Construction and Mining) Company
Sandvik Asia - Fastest Growing Equipment (Instrumentation) Company
BEML - Largest and Most Profitable Construction Equipment Company
Tractors India Ltd - Second Largest Construction Equipment Company
Escorts Construction Equipment Ltd - Third Largest Construction Equipment Company
Action Construction Equipment - Fastest Growing Construction Equipment Company
Escorts Construction - Second Fastest Growing Construction Equipment Company
Gujarat Apollo - Third Fastest Growing Construction Equipment Company

Construction Companies
Dodsal - Indian Global Construction Company
Larsen & Toubro - Largest and Most Profitable Construction Company
Nagarjuna Construction Co - Second Largest Construction Company
Hindustan Construction Company - Third Largest Construction Company
Subhash Projects & Marketing - Fastest Growing Construction Company in Large Category
Navayuga Engineering - Second Fastest Growing Construction Company in Large Category
Essar Constructions - Third Fastest Growing Construction Company in Large Category
Maytas Infra - Fastest Growing Construction Company in the Medium Category
Lanco Infratech - Second Fastest Growing Construction Company in the Medium Category
Era Infra Engineering - Third Fastest Growing Construction Company in the Medium Category

Most Admired Construction Companies
1) Larsen & Toubro
2) DLF
3) Hindustan Construction Company
4) Gammon India Ltd
5) Shapoorji Pallonji & Co
6) Nagarjuna Construction Co
7) Sobha Developers
8) Unitech
9) Tata Projects
10 ) Afcons & Punj Lloyd
11) IVRCL Infrastructures & Projects & Jaiprakash Associates
12) Konkan Railway Corporation
13) Thermax
14) Engineers India
15) Patel Engineering

Venkata Ramana Rao elaborates his views...



Venkata Ramana Rao elaborates on what Andhra Pradesh has to offer to investors.


To know more check this out




Memento presented by Col. Himmat Siddhu at the Construction World Awards 2007



Colonel Himmat Siddhu, Executive Director, MBA, principal associates of CW Awards presents a memento to Dr Reddy.




Dr Reddy outlines future growth plans for the industry.


Plans outlined for Future Growth by Dr. Reddy at the Construction World Awrads 2007.




Dr Reddy releases the CW Annual 2007.


Released Construction World 2007 Annual issue...


Venkata Ramana Rao and our expert panelist Chetan Shah, Director,Mergers & Acquisitions, Vice-Chairman’s Office, Indian HotelsCompany (second from right) and Vikram Sud, Group Chief OperationOfficer, Kotak Mahindra Bank (extrem right) applaud as Dr Reddy releases the CW Annual 2007.




Winners of 'Construction World' NICMAR Awards 2007


Winners of 'Construction World' NICMAR Awards 2007.


Check the winners of Construction World Awards 2007 - Photo Feature.




Release of CW Annual 2007 Issue


Release of CW Annual 2007 Issue


Venkata Ramana Rao and expert panelist Chetan Shah, Director, Mergers and Acquisitions, Vice-Chairman's Office, Indian Hotels Company (second from right) and Vikram Sud, Group Chief Operation Officer, Kotak Mahindra Bank (extreme right) applaud as Dr Reddy releases the CW Annual 2007.

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