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 27, 2007
Contract changes hold up NELP VII
Posted by Sandeep Sharma at 3:45 AM 0 comments
Labels: empowered group of ministers (E-GoM), NELP VII, New Exploration Licensing Policy
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
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Posted by Sandeep Sharma at 1:31 AM 0 comments
Labels: 2007, awards, construction company, construction world, ggovernment
A Vote of Thanks by Mr. N K Nag
Posted by Sandeep Sharma at 1:23 AM 0 comments
Labels: N K Nag
Mr. Atul Tandan, Chairman, ASAPP Media informing about group future plans
Posted by Sandeep Sharma at 1:19 AM 0 comments
Labels: ASAPP Media, Chairman speech
A Vote of Thanks by Falguni Padode at CW Awards 2007
Posted by Sandeep Sharma at 1:16 AM 0 comments
Labels: Falguni Padode, Vote of Thanks
Dr A Ramakrishna, Larsen and Toubro at CW Awards 2007
Posted by Sandeep Sharma at 1:12 AM 0 comments
Labels: Dr A Ramakrishna, larsen and toubro
Essar Constructions awarded at the CW Awards 2007
Posted by Sandeep Sharma at 1:11 AM 0 comments
Labels: Essar Constructions, V N Paradkar
Mr. J B Chandradhara, Navayuga Engineering, receives awarded at the CW Awards 2007
Posted by Sandeep Sharma at 1:08 AM 0 comments
Labels: J B Chandradhara, Navayuga Engineering
Subhash Projects awarded for the Fastest Growing Construction Company in the Large Category.
Posted by Sandeep Sharma at 1:03 AM 0 comments
Labels: B B Mukherjee, Subhash Projects
Lanco Infratech, receives an award for the Second Fastest Growing Construction Company
Posted by Sandeep Sharma at 12:59 AM 0 comments
Labels: B Manohar, Lanco Infratech
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.
Posted by Sandeep Sharma at 12:55 AM 0 comments
Labels: Maytas Infra, R K Madhav
Dodsal, receives an award for the Indian Global Construction Company.
Posted by Sandeep Sharma at 12:51 AM 0 comments
Monday, November 5, 2007
BEML receives an award at the CW Awards 2007
To read more over this just log on to http://www.constructionupdate.com/events/cwawards2007/postevent/photofeature/index.html
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: BEML
Escorts Construction, receives an award for being the Second Fastest Growing Construction Equipment Company
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: Escorts Construction, rajesh sharma
Gujarat Apollo Equipment, receives an award at the CW Awards 2007.
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: Gujarat Apollo Equipment, Snehal Dave
Second Largest Construction Equipment Company - Tractors India
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: Pankaj Dara, Tractors India Ltd
the Fastest Growing Construction Equipment Company "ACE Ltd"
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: ACE, Navdeep Singh
Sandvik Asia, receives the award for the Fastest Growing Equipment Company.
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: Sandvik, V Venkataramana
Atlas Copco, receives an award.
A link to the original Photo-feature http://www.constructionupdate.com/events/cwawards2007/postevent/photofeature/index.html
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: atlas copco, kishore sidhwani
Mr. A J Patel, receives and award at the CW Aawrds 2007.
Posted by Sandeep Sharma at 10:41 PM 0 comments
Mr. Uday Damle, Havells, at the CW Awards 2007.
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: Havells, Uday Damle
Sanghvi Movers, receives an award at CW Aawrds 2007.
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: R K Ozarkar, Sanghvi Movers
Patel Engineering, received an award for being one amongst ‘Most Admired Construction Companies’.
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: most admired, patel engineering
Mr. Ashok Verma, Engineers India, receives an award
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: Engineers India, Mr. Ashok Verma
Thermax receives an award at the CW Awards 2007.
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: Feraze Bacha, most admired, Thermax
Konkan Railway Corporation, receives an award at the Construction World Awards 2007.
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: Konkan railway, most admired, rajendra kumar
Jaiprakash Associates, receives an award at the CW Awards 2007
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: Jaiprakash Associates, most admired, R K Jain
IVRCL Infrastructures receives an award for being the ‘Most Admired Construction Companies’.
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: IVRCL Infrastructures, most admired
Afcons Infrastructure receives an award at the Construction World Awards 2007.
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: A R Dharadhar, Afcons
Punj Lloyd awarded as one amongst ‘Most Admired Construction Companies’.
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: punj llyod, sandeep garg
Tata Projects, receives an award for being one amongst ‘Most Admired Construction Companies’.
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: K P Singh, tata projects
Unitech, receives the award at the Construction World Awards 2007
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: construction, most profitable, unitech group
Sobha Developers one amongst ‘Most Admired Construction Companies’.
Posted by Sandeep Sharma at 10:41 PM 0 comments
Labels: most admired, Sobha Developers
Nagarjuna Construction Company receives the award for the Second Largest Construction Company
Posted by Sandeep Sharma at 10:38 PM 0 comments
Labels: cw awards, nagarjuna construction co
Shapoorji Pallonji and Company receives the award
Posted by Sandeep Sharma at 10:35 PM 0 comments
Labels: real estate, shapoorji
HCC awarded as the Third Largest Construction Company
Posted by Sandeep Sharma at 10:31 PM 0 comments
Labels: admired company, hindustan construction
DLF, receives the award for one of the ‘Most Admired Construction Companies’.
Posted by Sandeep Sharma at 10:28 PM 0 comments
Labels: construction world, dlf, most admired
Larsen and Toubro, receives award for the Largest and Most Profitable Construction Company.
Posted by Sandeep Sharma at 10:20 PM 0 comments
Labels: awards, larsen and toubro, profitable company
Winners of Construction Awards 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
Posted by Sandeep Sharma at 10:14 PM 0 comments
Labels: construction world, equipment, real estate
Venkata Ramana Rao elaborates his views...
Posted by Sandeep Sharma at 10:11 PM 0 comments
Labels: awards, construction world, ramana, rao, venkata
Memento presented by Col. Himmat Siddhu at the Construction World Awards 2007
Posted by Sandeep Sharma at 10:06 PM 0 comments
Dr Reddy outlines future growth plans for the industry.
Posted by Sandeep Sharma at 10:01 PM 0 comments
Labels: awards, construction world, speech
Dr Reddy releases the CW Annual 2007.
Posted by Sandeep Sharma at 9:58 PM 0 comments
Labels: annual issue, construction world, released
Winners of 'Construction World' NICMAR Awards 2007
Posted by Sandeep Sharma at 9:40 PM 0 comments
Labels: awards, construction world, nicmar
Release of CW Annual 2007 Issue
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