Infrastructure

“Mumbai needs proper fire evacuation system in monsoon” The city's growing infrastructure is still fighting for a fire evacuation solution. It is always a question of whether the existing firefighting systems are good enough or not. Here’s an article from Dr. Vikram Mehta, MD of SPARTAN Fire Evacuation Lift.Mumbai ranks 17th worldwide and 14th in Asia for tall buildings, with 100 buildings over 150m in height. The city dominates the...

India must become champion of climate action: Amitabh Kant India’s G20 Sherpa Amitabh Kant set a high target for India, stating that India must become the first country in the world to industrialize without carbonizing, while delivering the opening address at Connect Karo 2023 organized by WRI India in New Delhi on Monday.Connect Karo 2023 is WRI India's flagship event that offers a platform for multiple stakeholders from India and...

REC to provide Rs. 3,045 Cr financial assistance to Bangalore Metro REC Limited, a Central Public Sector Enterprise under the Power Ministry, has decided to extend financial assistance of Rs. 3,045 crores to Bangalore Metro Rail Corporation Limited (BMRCL), for establishment and development of Metro Lines under Phase-II project of Bangalore Metro. The decision to extend the assistance was taken at the board meeting of REC, held in Bengaluru on 24th June...

RattanIndia Power secures refinancing of senior debt with Rs 1,114 Cr transaction RattanIndia Power Ltd. announced that it has refinanced its senior debt in a Rs 1,114 crores transaction led by Kotak Mahindra Bank. RattanIndia Power Ltd. had earlier concluded a resolution with erstwhile lenders for 1,350 MW Amravati Thermal Power Plant in December 2019, whereby the loans from Indian banks and financial institutions were taken over by international financial...

ABB Robots helping Amazon reforestation project A pilot project between ABB Robotics and US non-profit organization Junglekeepers is demonstrating the role Cloud technology can play in making reforestation faster, more efficient and scalable.ABB Robotics is supporting Junglekeepers in their mission to protect 55,000 acres of Amazon rainforest and reverse deforestation. In a first-of-its-kind demonstration, ABB’s cobot YuMi is automating planting tasks in a jungle laboratory, speeding the process and allowing...

Mining & metals industry confident they can deliver growth The latest edition of KPMG International’s 2023 Global Mining and Metals Outlook: Executive insights on decarbonization highlights the confidence of sector executives in their ability to deliver on both growth and decarbonization objectives. The report looks at areas of opportunity, with technology and innovation key among those called out. A main finding is the ability of the industry to maintain a...

Why Adani should redevelop Dharavi? | EXCLUSIVE India's most famous slum, Dharavi, is home to over one million people and covers an area of 2.1 sq. kms.The Adani Group is one of India's largest conglomerates, with interests in infrastructure, energy, and logistics.Reports suggest that the Adani Group is considering a proposal to redevelop Dharavi. What are the possibilities of Adani redeveloping India's most famous slum? Is Adani's plan to redevelop...

Electrical Fire Safety | APAR Industries | Testo | Pankaj Dharkar | BASEC Electrical fires are frequent in India, leading to significant property damage and deaths. According to the National Crime Records Bureau (NCRB) of India, in 2019, there were 3,454 fire incidents caused by electrical issues. These incidents resulted in 1,399 deaths and 2,319 injuries.To prevent electrical fires, it is crucial to prevent them. This includes following electrical safety...

APAR Industries posts all-time high Quarterly & Annual Revenue APAR Industries Limited, a diversified billion-dollar conglomerate, announced its consolidated results for the fourth quarter and 12 months ended March 31, 2023.Key Financial Highlights:12MFY23Revenue at Rs. 14,352 crores; up 54% YoY EBIDTA at Rs. 1,320 crores; up 130% YoY PAT at Rs. 638 crores; up 148% YoYQ4FY23Revenue at Rs. 4,089 crores; up 36% YoY EBIDTA at Rs. 445 crores;...

Construction equipment sales grew 26% to cross 1 lakh mark in FY2022-23: ICEMA The significant growth in FY23 was driven by all four sub-segments of CE industry, except Road Construction Equipment, which recorded a slight de-growth of 3%. A total of 77,164 units of Earthmoving equipment were sold in FY23 – a 23% jump in sales as compared to 62,629 units sold in FY22. The sales of Backhoe Loaders and...

Inside BKT's Largest Factory | mojo4ndustryA recent trip to BKT Bhuj Facility allowed us to gain a deeper understanding of one of the most innovative tire manufacturing plants in India. The event was hosted exclusively by Ashok P Chhajer, Sr General Manager - OE Sales at BKT Tires. The tour took us through the company's state-of-the-art R&D center, carbon black production plant, and more.  He said, “We develop a range...

ArcelorMittal Nippon Steel India selects IBM to drive cloud powered transformation IBM announced that ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel ­– two of the world’s leading steelmakers – has collaborated with IBM Consulting to reinvent mission-critical processes in order to boost agility, and efficiency with digital transformation.AM/NS India is an integrated flat steel manufacturer with over 600 steel grades and serves multiple...

Schneider Electric appoints Deepak Sharma as Zone President Greater India, MD & CEO, SEIPL Schneider Electric has announced the appointment of Deepak Sharma as Zone President – Greater India and MD & CEO, SEIPL effective 1st May 2023. Deepak Sharma will take over from Anil Chaudhry.Deepak has 30 years of experience with over 24 years at Schneider Electric handling diverse roles based out of India, France, China, and the USA...

Coal India to digitize 7 major coal mines with Aereo's Drone Solutions Platform Aereo (formerly Aarav Unmanned Systems), the end-to-end drone solutions start-up, wins the largest drone solutions contract from Coal India Limited (CIL). The open tender process saw participation from multiple bidders wherein Aereo emerged as the lowest (L1) bidder with the highest technical score. The $1 million contract is part of a bigger digital initiative that is being...

India is a hugely exciting market for us: SocomecHow do you define the business activities of Socomec at the Asia Pacific level as well as the group? For us Socomec is a private organization, it is 100 years old and we are into critical applications, in the power, electrical distribution, and automation side. We are largely a French-based company, but we are in Asia Pacific also and in operation for...