News

Navayuga to re-build temple 'rajagopuram'

HYDERABAD: Navayuga Company Limited, which executed the Krishnapatnam project, has offered to re-build the 'rajagopuram' of Srikalahasti temple in Chittoor district and bear the entire cost which is estimated to be around Rs. 30 crore.

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Navayuga-ITI consortium bags Rs307 cr contract

Hyderabad, Sep (EPC News): Navayuga-ITI consortium has bagged Rs307 crore project of networking 110 towns in Tamil Nadu, said a company release. The TNEB has issued the letter of intent (LoI) to the consortium, awarding the contract. The project involved designing, engineering, supply, installation, integration, testing, commissioning and facility management service of system integration project, covering software, hardware, field survey and networking.

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Navayuga to survey Machilipatnam site soon

Navayuga Engineering Company Limited (NECL), which has been inducted as lead promoter of the Machilipatnam Port project, will initiate a survey of the location shortly to prepare a master plan before going in for concrete plans like financial closure.

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After Maytas, Navayuga bags Machilipatnam port project:

The Machilipatnam port project which has been in the news for all the wrong reasons has finally been awarded to the Navayuga Engineering Company Limited (NECL) by the Andhra Pradesh government. The project, which was earlier awarded to Maytas Infra consortium in April 2008, was withdrawn after the Satyam scandal came to light.

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Fitch affirms SEW-Navayuga's bank loans at 'BBB-(ind)'

MUMBAI, MARCH 31: Text of Fitch press release on bank loan of SEW-Navayuga BarwaniTollwaysPvt Ltd. Fitch Affirms SEW-Navayuga BarwaniTollways' Bank Loans at 'BBB-(ind)'; Outlook Stable Fitch Ratings-Mumbai/Singapore-31 March 2011: Fitch Ratings has affirmed SEW-Navayuga BarwaniTollwaysPvt Ltd.'s

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Navayuga gets MoU clause waiver for Astaranga port

The Orissa government has relaxed a vital clause in its MoU with the Hyderabad based Navayuga Engineering Company Limited (NECL) enabling the latter to sign concession agreement with it for developing an all weather port at Astaranga in Puri district.

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