Infrastructure

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,...

bauma CONEXPO INDIA cancelled for 2021 bauma CONEXPO INDIA, the international trade fair for construction machinery, building material machines, mining machines, and construction vehicles will not take place this year due to the organizers’ concerns around exhibitors’ ROI, uncertain international participants’ turnout, and safety protocols. “The decision to not hold North India’s leading trade fair bauma CONEXPO INDIA comes after deliberations with stakeholders and a comprehensive study of the market in...

“Budget focuses on reviving the economy” With its extensive focus on infrastructure and healthcare, the Budget FY21-22 clearly focuses on reviving the economy. The key pillars such as health and wellbeing, capital and infrastructure, inclusive development, enhancing human capital, innovation and R&D and minimum government and maximum governance rightly identifies the core areas for sustained growth and provides considerable thrust towards an Atmanirbhar Bharat. The emphasis on further expanding the...

A pro-infrastructure and investment Budget: JLL India Given that the economy is well on its path to recovery, Union Budget 2021 has focused on enhancing expenditure while keeping the fiscal targets at bay in the short term. This Budget focuses on augmenting infrastructure with a special focus on expediting urban infrastructure projects which will act as a strong catalyst in driving real estate in urban areas. There is also a...

Union Budget 2021 LIVE Updates Finance Minister Nirmala Sitharaman is presenting the Union Budget 2021. Here are the key highlights: #Budget2021 proposals rest on six pillars Health and Well-Being Physical and Financial capital and infrastructure Inclusive Development for Aspirational India Reinvigorating Human Capital Innovation and R&D Minimum Govt., Maximum Governance LIVE Updates: Time 11.52 New Centrally Sponsored Scheme #PMAatmanirbharSwasthBharatYojana to be launched, outlay of Rs 64,180 crore over 6 years LIVE Updates: Time 11.55 Jal...

Maharashtra to promote renewable energy generation: Dr Nitin Raut The Mahavikas Aghadi Government is committed to generate 40 per cent of its energy from renewable sources by 2030 by encouraging the public private partnership, said Dr Nitin Raut on Thursday while delivering a key note address at a webinar organised by Federation of Indian Chambers of Commerce and Industries. Dr Raut said production of Solar Energy compared to the conventional energy...

Vikram Solar commissions 140 MW solar project for NTPC in UP Vikram Solar, one of India’s leading module manufacturers and a comprehensive EPC solutions & rooftop solar provider, announced the completion of a 140 MW solar plant project commissioned for National Thermal Power Corporation Limited (NTPC) at Bilhaur, Kanpur spread across 700 acres. The 140 MW solar project also includes a 33/132 KV switchyard. The expected energy yield of this...

Tata Motors increases passenger vehicle prices Tata Motors has announced that it will hike prices of its passenger vehicle range, effective today. Rising input costs and material costs of steel, precious metals and semiconductors have compelled the company to pass on a part of the cost to customers. “Tata Motors has marginally increased prices from 0 to INR 26,000, depending on the variant. Continuing its commitment towards customers, the Company will...

Siemens launches one of the most efficient DC chargers currently available on the market Siemens Smart Infrastructure released its new public fast charger Sicharge D. It is suited for highway and urban fast charging stations, city parking as well as shopping malls and provides one of highest peak efficiencies on the market at 96 percent, scalable charging power and dynamic power sharing. “With its upgradability and dynamic charging, it is a...