Infrastructure

Bharat Road Network signs deal for sale of road project in UP Bharat Road Network Limited (BRNL), one of India’s leading road developers, along with its partners, has signed an agreement with Cube Highways, a portfolio company of I Squared Capital, for the complete transfer of ownership in an operating toll road project in Uttar Pradesh. BRNL currently holds 39% stake in this project. The Share Purchase Agreement provides for the...

iRAM Technologies bags 4 new projects in India iRAM Technologies, a homegrown product development and technology company with advanced solutions based on Internet of Things (IoT), has won 4 large projects for Smart Pole, Smart Street Lighting and Smart Parking city assets in Smart Cities of Dahod, Kohima, Pimpri Chinchwad and Rajkot. iRAM has won these projects in partnerships with leading conglomerates & system integrators in the Smart City Space. iRAM will...

One Year Of Lockdown: Real Estate Sector beating the pandemic blues In March last year, people across the country were trying to wrap their heads around the novel coronavirus-outbreak. When the World Health Organization declared it a pandemic on March 11, most were already aware of its seriousness. At 8 pm on March 24, 2020, Prime Minister Narendra Modi made a landmark announcement - a nationwide lockdown for 21 days...

TCS to help Skanska become a more digitally advanced construction company Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, has been selected by Skanska, one of the world’s leading project development and construction groups, as a strategic partner to help achieve its ambition of becoming the most digitally advanced company in the construction industry. As a part of this multi-year partnership, TCS will leverage its...

Adani Ports buys controlling interest of 58.1% in Gangavaram Port for Rs 3,604 Cr Adani Ports and Special Economic Zone Ltd. (APSEZ) to acquire the 58.1% stake held by DVS Raju and family in Gangavaram Port Limited (GPL). The acquisition is valued at Rs. 3,604 crore and subject to regulatory approvals. APSEZ had announced acquisition of Warburg Pincus’s 31.5% stake in GPL on March 3, 2021 and together with this...

ABB softstarters help Shimla to get access to uninterrupted water supply Shimla has cut pipeline damage 50% using ABB Softstarters to help lift water thousands of feet from a dam to quench the thirst of millions. The town of Shimla in the Indian Himalayas is one of the country’s busiest tourist destinations. It receives 3.6 million visitors a year, significantly augmenting the local population of 3 million. Known as the...

STT Global Data Centres unveils Experience Centre for skill development in Bengaluru STT Global Data Centres India (STT GDC India), as part of its Corporate Social Responsibility initiative, today unveiled an Experience Centre at its STT Bengaluru DC 3 facility in collaboration with Schneider Electric India Foundation (SEIF). The Experience Centre located in STT GDC India’s Centre of Excellence was inaugurated by Smt. K. Ratna Prabha, Former Chief Secretary, Chairperson...

Siemens commissions Pugalur-Thrissur HVDC power transmission link Siemens has commissioned 2,000 megawatts (MW) electricity transmission system, consisting of two links between Pugalur in the state of Tamil Nadu and Thrissur in Kerala. This claims to be the country’s first high-voltage direct current (HVDC) link featuring voltage-sourced converter (VSC) technology. The link supports Power Grid Corporation of India Ltd. (PGCIL) to counter power deficit in India’s southern region and improve the...

BEML bags orders from Cameroon & Bangladesh BEML Limited, a ‘Schedule A’ company under the Ministry of Defence (MoD) received export orders from Cameroon and Bangladesh under Government of India-Lines of credit. The order for Cameroon has been received from Ministry of Economy, Planning & Regional Development (MOEPRD), Government of Cameroon for supply of 71 units of construction equipment consisting of Bulldozers, Excavators, Wheel Loaders, Motor graders and Compactors for their...

Powergrid acquires Ramgarh New Transmission Ltd under TBCB On being declared as successful bidder under Tariff Based Competitive Bidding (TBCB), Power Grid Corporation of India Limited (POWERGRID) on 9th March 2021 has acquired Ramgarh New Transmission Limited (RNTL) which is the project company to establish transmission system strengthening scheme for evacuation of power from solar energy zones, in Rajasthan (8.1 GW) under phase II – Part A. The project comprises establishment...

Tata Power denies having talks with Tesla to set up EV charging infra Tata Power denied any tie-up with Tesla, after media reports suggested the two companies were discussing a partnership to set up charging infrastructure for electric vehicles in India. Replying to clarification sought by the stock exchange BSE, Tata Power said, “We refer to your email bearing reference no. L/SURV/ONL/RV/RIS/ (2020-2021)/ 38 of even date, asking the Company to...

Mahagenco sets new record by achieving power generation of 10,445 MW On 9th March, Maharshtra State Power Generation Company Ltd (Mahagenco) achieved highest ever record power generation in its history of long 69 years by generating 10445 MW during the evening peak hours. Proper coal & fuel management is said to be key factor behind the record generation. After taking over as Energy Minister, Dr. Nitin Raut focused on  maximization of generation...

MBCC Group acquires Bluey Technologies MBCC Group, one of the leading suppliers of construction chemicals and solutions worldwide, signed a purchase agreement to acquire Bluey Technologies. The transaction was closed simultaneously with the signing. The acquisition will enhance MBCC Group’s portfolio of construction chemicals and services for the infrastructure market, whereas Bluey Technologies’ customers will benefit from the broad portfolio under the Master Builders Solutions brand.  Based in Sydney, Australia, Bluey...

NHAI creates record by constructing 25.54-km road in 18 hours National Highways Authority of India (NHAI) has recently completed development of a 25.54 km single lane stretch of road in just 18 hours, creating a world record. This took place during the 4-laning work on the Solapur-Vijapur highway. Road Transport and Highways Minister Nitin Gadkari took to social media to share the news and confirm that the achievement will be recorded...

Danfoss setting new standards for safety & sustainability of metros in India In line with its commitment to enable India’s journey towards sustainable urbanisation, Danfoss Industries Pvt Ltd., a pioneer and industry leader in energy efficient technologies, strives to transform the sustainable outlook for metros in India, in association with metro rail corporations across the country. In its latest partnership with the Kolkata Metro Rail Corporation (KMRC) and Chennai Metro Rail Ltd,...