Shriram EPC subsidiary Shriram EPC FZE, Sharjah, has won a $230M contract from UAE-based company Moon Iron And Steel for a ‘mini mill’ project in Sohar, Oman.The scope of the contract will include the construction of the balance of plant (BoP) for the mill, which will have a capacity of 1.2 metric tonnes per annum.Shriram EPC managing director and chief executive T. Shivaraman said: “The order win demonstrates the operating excellence of our team.“Given the slowdown in the steel and metals business in India with capacity expansions on hold, this overseas order will enable us to maintain and strengthen our position in this sector.“It will also give us a strong base to expand our business in the Middle East market.”The contract has been awarded by Moon Iron and Steel, an Oman-based company with investments from Gulf Investment Corporation, Oman Development fund and Sultan's Special Forces Pension fund.Work on the project is expected to be complete within 32 months.
Australian construction firm Lendlease has secured an AED960M ($261.3M) contract from Dubai-based developer Damac to build the Aykon London One tower at Nine Elms, London.The development will feature 450 new homes, office and retail space, and amenity space across two interlinking towers.It will also include a roof garden, a children’s play area, an indoor swimming pool, a jacuzzi, advanced gymnasium, a residents’ lounge, and 922sq m of communal gardens. The entire project is estimated to cost AED3.1bn.Damac Group chairman Hussain Sajwani said: “Aykon London One is a landmark project and our first major international development outside of the Middle East. “We have great confidence in the London marketplace and this project is already proving to be highly desirable to customers and investors from within the UK as well as other parts of the world.”Lendlease Europe managing director of construction Neil Martin said: “We are excited that Damac Group has chosen Lendlease to deliver its flagship project in the UK.“Our strategy of taking a selective approach to bidding is paying off, and is allowing us to focus on prestigious projects such as this one. We are looking forward to building a strong relationship with the Damac team.”The 50-storey scheme has been designed by Kohn Pedersen Fox Associates, with interiors done by Versace Home.
Larsen & Toubro has won an INR7bn ($104.1M) order from Piramal Realty for the core and shell civil work of a luxury residential project in Mumbai, India.The project, known as Piramal Aranya, will encompass about 400,000sq m of construction area. The total investment for the project is estimated at about INR44.5bn ($662M), including land, project development and execution costs.Piramal Aranya will feature two towers, including 3-, 3.5- and 4-bedroom-hall-kitchen apartments. Piramal Group executive director Anand Piramal said: “We launched Piramal Aranya in March earlier this year in an endeavour to build world-class luxurious residential high rises in the city. It is our most significant residential development and we are making every effort to ensure that it is one of the finest buildings in the world.”
UAE-based retailer Lulu Group is set to invest in a shopping mall, hotel and international convention centre in Thiruvananthapuram, the capital city of Indian state Kerala.The $300M four-storey development will be spread over 19 acres, with a built up area of over 186,000sq m, including a 150-room luxury hotel. Once completed it will be the second biggest shopping mall in India after the LuLu mall in Kochi (pictured) — also owned and managed by Lulu Group, and which was designed by WS Atkins and constructed by Shapoorji Pallonji.The new project — designed by UK’s Design International — will include several fashion and retail brands, an amusement centre, a nine-screen multiplex, a food court with a capacity of 3,500 guests, restaurants, and coffee shops. It will also include parking space for 3,000 cars.The mall is expected to open in 2019.
E.ON and Statoil have started construction work on the €1.2bn Arkona offshore wind project in the Baltic Sea. The project, located 35km northeast of the German island of Rügen, will have an installed capacity of 385MW and will supply enough power for 400,000 households. The wind farm will feature 60 6MW-class turbines manufactured by Siemens and is expected to save up to 1.2M t of carbon emissions annually. E.ON Germany CEO Ingo Luge said: "As the mainstay of future energy supply, renewables must be able to stand on their own economically going forward."Electricity generation from offshore wind farms has already experienced a considerable learning curve and will soon be able to do just that. Through its high levels of investment, E.ON has made an important contribution toward this end."The Arkona wind farm is scheduled to be fully operational in 2019.
Australian construction firm Watpac has been selected as the preferred builder by the Australian Unity to deliver the $1.1bn Herston Quarter project in Brisbane, Australia.This selection follows the recent announcement of Australian Unity — a healthcare, financial services, and independent and assisted living organisation — as the preferred tenderer for the project by the Queensland government. The development — located next to the Royal Brisbane and Women’s Hospital — will include the construction of a public rehabilitation hospital, a private hospital, residential aged care, retirement living and student accommodation.It will also feature health research, childcare, a co-working hub, and education and training facilities.The first stage of works is expected to begin in 2017.
A joint venture of Skanska and Closner Construction has secured a $206M contract from Duke LifePoint Healthcare to manage the construction of its new replacement hospital for the existing UP Health System-Marquette (pictured) in Michigan.The new 50,000sq m facility, designed by Gresham Smith & Partners, includes 243 beds, 14,000sq m of space for diagnostic and therapeutic services and 17,000sq m of patient care services.The project will include 1,400sq m of administrative support services, 4,000sq m of operational support services, a new central power plant, and mechanical, electrical and telecommunications areas.Additionally, it will feature a 9,000sq m adjoining medical office building, and a 16,000sq m parking lot. Construction work started in May 2016 and is scheduled for completion in October 2018.
Tecna, a subsidiary of Isolux Corsan, has secured an EPC contract from Argentina’s Comision Nacional de Energia Atómica (CNEA) for the balance of plant of the CAREM 25 nuclear power plant project in Argentina.
Gunvor Petroleum Rotterdam, a subsidiary of Gunvor Group, has received $200m of project financing for the development and infrastructural upgrade of its facilities.
North Lanarkshire Council has announced plans to invest £159m to build 1,000 council houses in the region, located near Glasgow, Scotland.
The government of Australia has unveiled plans for a new $100m high school in Adelaide.
Plans for the £500m Edinburgh Marina development at Granton, a district of the Scottish capital city, have secured the go-ahead from the City of Edinburgh Council’s development management committee.
Wind and solar energy firm Mainstream Renewable Power has secured contracts from the National Energy Commission of Chile to build and operate seven wind energy plants, worth a total of $1.65bn.
Construction of the Wheeling Town Center mixed-use development in Illinois is set to start by the end of the year.
Pharmaceutical firm Fresenius Kabi will invest nearly $250m over 10 years to expand its Melrose Park site in Illinois.
Mixed-use property regeneration specialist U+I has bagged a contract from landowner Parkdale Investments for a £95M mixed-use regeneration project in North East London.The project on the Forest Works site on Blackhorse Road will lead to the creation of 300 new homes, as well as 59,000sq m of commercial space.U+I CEO Matthew Weiner said: "We are delighted to have added this mixed-use regeneration opportunity to our significant development pipeline. Forest Works is set to deliver gains to U+I in the next three to five years in line with our stated IRR targets, as well as contributing to the socio-economic growth of the local area.“This latest transaction further demonstrates our ability to secure regeneration opportunities in an equity-light manner within emerging parts of the London City Region.”U+I will work alongside the local council and community to develop plans for Forest Works. An initial planning application is anticipated to be submitted by early 2017.The London Borough of Waltham Forest aims to deliver 2,500 new homes and 1,000 new jobs over the next decade within the new Blackhorse Lane housing zone.
Construction firm BAM has been awarded a €90M ($101.4M) contract by Dutch rail network operator ProRail to revamp the Driebergen-Zeist station area in the Netherlands. The project will involve the construction of an underpass under the tracks and the adjustment of the local road network. BAM will refurbish the rail infrastructure by building two additional tracks. It will also construct a new bus station and underground bicycle parking. The new bus station is targeted to be energy neutral by implementing energy-efficient systems and the installation of solar panels on the platform roofs.Construction work will begin in early 2017.
A joint venture of Hock Lian Seng Infrastructure and Sembcorp Design and Construction has secured a SGD1.107bn ($823.3M) contract for the second packages of works for a three-runway system at Changi Airport, Singapore.The scope of the contract will include pavement and drainage works, mechanical and electrical works, security fencing, perimeter roads, ancillary buildings, as well as other supporting works.CAG’s executive vice president Yam Kum Weng said: “The development of a three-runway system is an important part of Changi Airport’s expansion plans, which will take the Singapore air hub into its next phase of growth.“The project, which takes place amid ongoing airport operations, is complex and requires meticulous planning and excellent execution across different phases.“We look forward to partnering with the Hock Lian Seng and Sembcorp Design and Construction JV in this journey, as we work together to ensure the highest quality and standards in carrying out this project.”Changi Airport’s three-runway system is expected to be operational by early 2020.The first package of works was awarded to a Samsung C&T Corporation and Koh Brothers joint venture in October 2015.
British business and energy secretary Greg Clark has given development consent to an offshore wind farm project in the UK.The £6bn Hornsea Project Two, to be located at about 89km off the Yorkshire coast, is owned by Dong Energy and developed by Dong’s subsidary SMartWind.The wind farm — expected to be the world's largest when completed — will feature up to 300 wind turbines and will connect to the grid at North Killingholme in North Lincolnshire.It will have a generation capacity of up to 1.8GW of low carbon electricity, sufficient to power almost 1.8M UK households.Dong Energy UK country chairman Brent Cheshire said: "Development consent for Hornsea Project Two is very welcome. We have already invested £6bn in the UK, and Hornsea Project Two provides us with another exciting development opportunity in offshore wind.”“A project of this size will help in our efforts to continue reducing the cost of electricity from offshore wind and shows our commitment to investing in the UK.”The project will create up to 1,960 construction jobs along with 580 operational and maintenance jobs.Business and energy secretary Greg Clark said: “Britain is a global leader in offshore wind, and we’re determined to be one of the leading destinations for investment in renewable energy, which means jobs and economic growth right across the country.”
Toebe Construction has employed the use of nine Terex cranes to assist construction of a highway project in Michigan, USA.The Michigan Department of Transportation (MDTO) is carrying out a two-year, $77M project to reconstruct the Interstate 96 at the US Highway 23 interchange in Livingston County. After the construction of the new interstate section, the existing I-96 roadway will be turned into collector-distributor lanes for easier and safer lane changes.The project also requires the construction of new bridges over both highways. Josh Goldsworthy, Toebe Construction project manager, said: “We are constructing six new bridges first and then reconstructing seven existing bridges to repair damage and bring them up to current standards.”In order to construct the new I-96 eastbound and westbound interstate bridges and roadways, Toebe Construction in joint venture with Kamminga & Roodvoets are using nine Terex HC series lattice boom crawler cranes. Goldsworthy said: “They have the rugged design necessary to stand up to demanding jobs, and they offer high lift capacities for beam placement.“Plus, we are able to get them to the jobsite quickly and have them set up and ready for work in about a day.”Two crawler cranes, a 230t HC230 and a 275t HC275, assisted with the placement of 123t concrete bridge beams. For this, the cranes — each equipped with a 90ft main boom — performed a tandem lift.Three 165t HC165 crawler cranes were used to drive piles, freeing the HC275 for concrete beam placement and the 110t HC110 crawler cranes for various load lifting.