Liebherr Tower Cranes Support Restoration of Parador de Santiago
Liebherr’s Flat-Top EC-B tower cranes are facilitating the careful restoration of the Parador de Santiago de Compostela, one of Galicia’s most iconic cultural monuments. Located opposite the city’s cathedral in the bustling Plaza del Obradoiro, the site poses unique challenges owing to limited space and high footfall in a protected heritage zone. The 71 EC-B and 125 EC-B cranes, supplied by Maga Vigo, are operating at heights of 36 and 52 metres with jib lengths of 50 and 58 metres, respectively. Their low noise emissions, compact design, and precision controls make them ideally sui..
Highways Infrastructure Trust Renamed Vertis Infrastructure Trust
Highways Infrastructure Trust (HIT), a SEBI-registered infrastructure investment trust, has rebranded itself as Vertis Infrastructure Trust (Vertis), effective June 18. The new identity, derived from the Latin word verto meaning ‘to turn’ or ‘to evolve’, underscores the trust’s intent to redefine infrastructure asset management through transformation and strategic execution. Listed in 2022, Vertis has grown to become one of India’s leading highways InvITs, expanding its portfolio from six to 27 operational road projects across nine states. Its Assets Under Management (AUM) hav..
Cabinet Clears Rs 36.3 Billion Pune Metro Line-2 Extension
The Union Cabinet has approved an investment of about Rs 36.3 billion to extend Pune Metro’s Line 2, boosting east–west connectivity between the city centre and fast-growing suburbs. Announced on 25 June, the decision will deliver 12.75 kilometres of new track and 13 stations, serving areas such as Chandani Chowk, Bavdhan, Kothrud, Kharadi and Wagholi.Corridor details2A: Vanaz – Chandani Chowk2B: Ramwadi – Wagholi/VitthalwadiThese links build on the existing Vanaz–Ramwadi corridor and form part of Pune’s expanding 33.3 km metro network, with a further 33 km already under constructi..
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