A number of road closures will be affecting motorists Sunday due to construction projects, special events and festivals.
Bloor Street will be blocked off between Spadina Ave. and Bathurst St. today from 7am to 8pm for the 14th annual Festival on Bloor. The 2.5km strip of road will be car free for the duration of the day-long festival which celebrates the Bloor-Annex neighbourhood's unique local heritage.
Woofstock, which is North America’s largest dog festival, will continue to close Front St. between Yonge St. and Jarvis St. until midnight on June 13. Market St. from Front St. E. south to The Esplanade, Church St. from Colborne St. south to The Esplanade and Scott St. from Wellington St. E. to Front St. E. will also be closed.
The Toronto Challenge Run will close Wellington St. W. from Simcoe St. to John St. in both directions from 8 a.m. to noon this morning. There will be some road closures in the area south of Wellington St. W., east of Bathurst St., north of Queens Quay and west of York St. during the event. The 5km walk and 1km run raises money for local seniors.
All northbound and southbound lanes of Avenue Rd./Queen's Park Cres. will be closed at Bloor St, for construction until Monday, June 14 at 6am.
Buses operating along the 5 Avenue Rd. route will detour to St. George Station all day today.
The Gardiner Expressway will be closed between Carlaw Ave. and the Humber River both Sunday and Monday evenings between 8 pm and 4 am for Lake Shore and Jameson bridge rehabilitations.
Motorists are encouraged to use Lake Shore Blvd. or The Queensway as alternate routes and to give themselves lots of extra time for transportation.
Monday, June 14, 2010
IVRCL Bags Multiple Orders Worth Rs 832.51 Cr
Shares of IVRCL zoomed high after the news of company getting multiple orders worth Rs 832.51 crore for multiple projects.
IVRCL Infrastructures & Projects Limited is a renowned engineering and construction company in India. It is also engaged with the business of development and execution of engineering procurement, construction and commissioning in various infrastructure projects like water supply, roads and bridges, townships, industrial structures and power transmission.
According to sources, the multiple orders were bagged from different sources like water resources department, Mumbai, Power Grid Corp Ltd and a thermal power project in Tamil Nadu.
In the morning session, the shares of the company were trading at Rs 180.15, which was higher by 1.29% or Rs 2.30 on the NSE.
IVRCL Infrastructures & Projects Limited is a renowned engineering and construction company in India. It is also engaged with the business of development and execution of engineering procurement, construction and commissioning in various infrastructure projects like water supply, roads and bridges, townships, industrial structures and power transmission.
According to sources, the multiple orders were bagged from different sources like water resources department, Mumbai, Power Grid Corp Ltd and a thermal power project in Tamil Nadu.
In the morning session, the shares of the company were trading at Rs 180.15, which was higher by 1.29% or Rs 2.30 on the NSE.
HCC Ties Up With Egypt Based Orascom Construction
HCC Infrastructure, a subsidiary of Hindustan Construction Company, on Tuesday said it has tied up with a major Egyptian firm, Orascom Construction Industries (OCI), to jointly develop large national highway projects.
The company in a regulatory filing said it would seek to broaden the partnership with OCI other than bidding for projects on offer from the National Highways Authority of India (NHAI) and the two intend to create a portfolio of premium infrastructure assets across sectors.
"Both Hindustan Infra and OCI share the same commitment to quality and this joint venture will yield significant synergies for both groups," said Nassef Sawiris, chief executive officer and chairman of OCI.
HCC Infra has a road portfolio of Rs.5,539 crore, including six NHAI projects, of which one is operational.
The company in a regulatory filing said it would seek to broaden the partnership with OCI other than bidding for projects on offer from the National Highways Authority of India (NHAI) and the two intend to create a portfolio of premium infrastructure assets across sectors.
"Both Hindustan Infra and OCI share the same commitment to quality and this joint venture will yield significant synergies for both groups," said Nassef Sawiris, chief executive officer and chairman of OCI.
HCC Infra has a road portfolio of Rs.5,539 crore, including six NHAI projects, of which one is operational.
Industry leaders in the UK are urging the government to consider the construction industry before making spending cuts which could affect projects in
The Construction Products Association (CPA) has written to the Chancellor George Osborne urging him to focus public spending in construction to boost economic recovery, which in turn could impact on firms with offices in the GCC.
Anticipating difficult conditions ahead and another drop in construction output this year, the CPA highlighted the importance of construction in enhancing economic growth, in the build up to Mr Osborne’s Emergency Budget statement.
Anticipating difficult conditions ahead and another drop in construction output this year, the CPA highlighted the importance of construction in enhancing economic growth, in the build up to Mr Osborne’s Emergency Budget statement.
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