As per the latest report of the Ministry of Statistics & Programme Implementation, of the 1,737 projects of over Rs 1.5 billion that it monitored, 470 reported cost overrun of over Rs 4.4 trillion till April 2021 and 525 projects reported time overrun.
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With the gradual decrease in the Covid-19 curbs and pre-monsoon surge in demand, cement volume noted an increase of about 20 per cent in June, according to a report by India Ratings.
LafargeHolcim, a global leader in innovative and sustainable building solutions and the parent company of two of India’s largest building materials companies – ACC and Ambuja Cements – has been officially rebranded as Holcim Group.
Synergy Metals Investments Holdings’ stake acquisition in JSW Cement via green channel route has been approved by the Competition Commission of India (CCI).
Zoomlion Heavy Industry Science & Technology Co has launched operations at the second phase of its Changde City of Hunan, central China smart tower crane plant.
Hüffermann Krandienst GmbH has purchased 70 Liebherr tower cranes to set up its new rental fleet. Hüffermann will take delivery of 70 Liebherr tower cranes over the course of the year 2021.
Komatsu and Honda have announced that they are working together on a micro electric excavator. The electric PC01 is supplied by a Honda Mobile Power Pack, or MPP, which now powers Honda's scooters and Business Bike category.
Lone Star Drills, a manufacturer of efficient and portable drilling equipment, has upgraded its HD and HDA model drills with Honda iGX800engines, giving users increased responsiveness and power via an electronic governor that optimally adjusts the engine’s throttle to match the drill’s load.
NTPC has set a target to install 60 GW of renewable energy capacity by 2032. NTPC became India's first energy sector to declare its energy goals as a part of UN High-level Dialogue on Energy (HLDE).
The Ministry of Power has announced that the inter-state transmission system (ISTS) charges waiver will be extended until June 30, 2025, for solar and wind energy projects that have been completed.
ITI has invited expression of interest (EoI) to choose business associates for the design, installation and commissioning of 1,000 off-grid solar projects of 3.5 kW capacity each under the Department of Rural Development and Panchayati Raj in Jammu and Kashmir (J&K) on Panchayat ghars.
Demand for electricity in India is expected to increase by 6 per cent in 2021-22 compared to the previous fiscal year, according to ICRA. The rating agency has also forecasted a 17-18 GW increase in power generation capacity for the current fiscal.
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Kohinoor Group has launched Kohinoor World Towers in the Pimpri Chinchwad area of Pune. Kohinoor World Towers will be one of the largest commercial spaces in the region comprising ofgrade-A office spaces, high street retail, alfresco and allied best-in-class amenities.
The use of smart interactive technology is the key during these unprecedented times.House of Hiranandani has launched a first-of-its-kind digital virtual sales office.
Lodha Group has announced unique office space solutions with Codename Must-Have. The project is a unique and integral eco-system, offering small business owners to upgrade to their own office space at a Grade-A development at Mumbai.
Rustomjee has launched a luxury project in Bhandup, Mumbai, named BELLA, which offers elegant construction and attention to detail. The project has been conceived as a gated community of four mid-rise buildings planned around a landscaped courtyard.
LeadSquared, a new-age real estate CRM platform, has partnered with Xanadu Realty to stimulate the digitisation of its operations. Xanadu Realty has created an agile and flexible process flow with a simple and easy-to-use sales execution platform at its core.
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The centre has approved development works for Aurangabad under the Smart City mission, valuing Rs.10 bn. In terms of funding, the government will put in 50 per cent share while the state government and the Aurangabad Municipal Corporation (AMC) will invest 25 per cent share each.
The Jaipur Smart City (JSCL) has completed around nine major projects worth Rs.1.42 bn, while 15 major projects are still in the works, costing around Rs.2.77 bn.
The Cochin Smart Mission (CSML) is planning to complete major road works in Ernakulam by September. In a recent City Level Advisory Forum (CLAF) meeting, the project progress and the problems encountered during the implementation of the project were discussed.
Global proptech company Planet Smart City will establish a shared platform with Pune-based real estate group Kolte-Patil Developers to build 15,000 housing units in Pune, Bengaluru and Mumbai.
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Construction of highways in India witnessed a 25 per cent increase in the first quarter of the current fiscal to 2,284 km at 25.37 km per day. In the April-June period of 2019-20, highway construction was 23.29 km per day.
Mining is one of the few industries that have recovered financially and operationally from the worst of the Covid-19 pandemic economic crisis according to a report by PwC India.
The government is planning to launch the Delhi-Jaipur stretch as a pilot project to develop the country’s first electric highway. The first stretch of e-highways is expected to be completed by mid-2022, as per to sources in the road ministry.
The state will focus on decreasing the greenhouse gas emissions and support the Government of India in mitigating the ill effects of climate change by adopting both long-term and short-term strategies by covering all the stakeholders.
Under its Master Plan of Delhi (MPD)-2021, the Delhi Development Authority (DDA) has given its final approval for the development of an affordable rental housing complex (ARHC) scheme.
NTPC has obtained approval from the Ministry of New and Renewable Energy (MNRE) under the ultra-mega renewable energy power parks (UMREPP) scheme to establish a 4.75-GW renewable energy park, at Rann of Kutch, in Khavda, where the company will also produce green hydrogen on a commercial scale.
Bexel India Consulting, a subsidiary of BEXEL Consulting, has signed a MoU with the Indian Institute of Technology, Palakkad (IIT Palakkad) in the field of Integrated BIM management and digital twin technologies, by utilising its capabilities, technologies and pool of knowledge to come up with solutions relevant to digital transformation in the Indian construction industry.
Web Werks, one of India’s leading independent data center providers, has signed an MoU with the Karnataka Government to set up a data centre in Bengaluru.
The construction work of the 11.80-km Thane-Borivali linking road twin-tunnel, passing underneath the Sanjay Gandhi National Park (SGNP), will begin from March 2022.
Tata Steel Mining (TSML) and Jindal Stainless (JSL) have signed a MoU to jointly unearth the chrome ore locked up in the boundary between their mines located in Sukinda of Jajpur district.
The government has approved a MoU on coking coal cooperation between India's Ministry of Steel and Russia's Ministry of Energy. Coking coal is a key steel-making raw material for which domestic producers are still reliant on imports from a small number of countries.
Reliance Infrastructure (RInfra) is reportedly in talks with global investment players such as Cube Highways, Brookfield, Apollo Global, and Canadian institutional investor Caisse de dépôtet placement du Québec (CDPQ) for the sale of five of its road assets.
The state government plans to construct the Metro Neo project, covering up a distance of 15.5 km, joining Hanamkonda, Warangal, and Kazipet. Maha Metro has made a Detailed Project Report (DPR) for Metro Neo and submitted it to the Telangana Gogovernment for approval.
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The Ministry of State for Ports, Shipping and Waterways will issue Biometric Seafarers Identity Document (BSID) and port community system to boost digital revolution in the maritime sector.
MoRTH has approved 11 projects worth Rs.63.93 bn to develop national highways in Haryana.Besides various underpasses to enhance road connectivity and smooth traffic flow, one of the 11 projects include the East-West Expressway from Dabwali to Panipat for Rs.50 bn.
The first range of green highway construction under the Green National Highways Corridor Project (GNHCP) is expected to be built by December this year in Rajasthan.
The Department of Panchayats and Rural Development Government of West Bengal is preparing to launch the third phase of the Gramin Sadak Yojana, to strengthen and widen rural roads built at least 10 years ago.
Mumbai's Andheri station is being redeveloped by the Indian Railway Stations Development Corporation (IRSDC) as part of its drive to develop railway stations across the country.
The National Capital Region Transport Corporation (NCRTC) is set to engage in a private partnership for operations and management (O&M) of the Delhi-Ghaziabad-Meerut semi-high speed trains.
The Maha Mumbai Metro Operation Corporation (MMMOCL) is looking for a company to provide track maintenance and manpower for Metro Lines 7 (from Gundavali to Overipada) and 2A (from Dahisar East to Andheri West), as well as the Charkop depot.
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The company has bagged new projects, which are a combination of concrete, block work and finishing work that will be carried out over a period of time.
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Neeraj Akhoury, CEO India LafargeHolcim, MD & CEO of Ambuja Cements Limited believes that digital technology and digitisation can be the strong pillars of innovation and sustainability. He shares his views on the digital transformation journey.
Anil Banchhor, MD and CEO of RDC Concrete is a seasoned professional with the last ten years in a leadership position. He shares his view with the ICR team on various aspects of the ready-mix concrete business.
In JK Lakshmi Cement, IoT and AI enablement have been deployed at Crushers, Clins, and Cement Mills to improve productivity through consuming lesser raw materials, fuels, etc, and to control wastes in the form of heat and any other by-product. Rajesh Kumar Singh, Vice President – IT, JK Lakshmi Cement shares his views on various IT initiatives.
All structural components such as columns, beams, slabs, walls, domes, vaults, retaining walls, load bearing walls, shells of chimneys, silos, tanks, etc that carry the loads in a structure, undergo distress at earlier or later in their life span.
All structural components such as columns, beams, slabs, walls, domes, vaults, retaining walls, load bearing walls, shells of chimneys, silos, tanks, etc that carry the loads in a structure, undergo distress at earlier or later in their life span.
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Rajiv Poddar, Jt. MD, BKT Tires, speaks on the current market size of OTR and industrial tyres, and segments that are driving the demand for these products.
Rajiv Poddar, Jt. MD, BKT Tires, speaks on the current market size of OTR and industrial tyres, and segments that are driving the demand for these products.
V Senthilkumar, Managing Director, Propel Industries, speaks on the current aggregate and M-sand production scenario, and market size for crushers and screens in India.
V Senthilkumar, Managing Director, Propel Industries, speaks on the current aggregate and M-sand production scenario, and market size for crushers and screens in India.
Arun Misra, CEO, Hindustan Zinc, speaks on the current scenario of underground mining in India, and how IoT and digital technologies are evolving in underground mining.
Sanjay Koul, Chairman and Managing Director, Timken India, speaks on the latest trends in bearings for construction equipment (CE) applications, and emerging technology trends.
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GRAFF has introduced its new faucets collection – Lauren, which includes articles for the washbasin, bathtub and shower area. The elements are both deck-mounted and wall-mounted.
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As a development finance institution (DFI), the National Bank for Financing Infrastructure and Development (NaBFID), will facilitate cheap capital for public works programmes and projects, says Vinayak Chatterjee, Chairman, Feedback Infra Group & Chairman, Confederation of Indian Industry (CII), National Council on Infrastructure.
The new Development Finance Institution (DFI) will be a fairly large entity that will play a key role in the Central Government’s strategy to facilitate the creation of a robust financing ecosystem for infrastructure projects in the country.
In an exclusive interaction, MV Satish, Whole Time Director & Senior Executive Vice President Buildings, L&T Construction told INFRASTRUCTURE TODAY that the technology is likely to play an important role in delivering on the country’s ambitious target of 60 million new dwellings under the ‘Housing for All’ programme.
GreenJams is pioneering the use of crop residues to create a low-cost replacement of building materials to cut down on construction costs and improve the building energy efficiency. Tarun Jami, the Founder of GreenJams claims that his product BINDR will help cement companies to cut their carbon footprint by more than 80% when compared to regular Portland cement.
Ever since its introduction and especially over the last few years, BIM (Building Information Modelling) has transformed the way the construction industry operates. Many countries like the UK have made the use of BIM mandatory for large-scale public projects.
Building Information Modelling (BIM) is a set of technologies that aim to increase interorganisational and cross-disciplinary collaboration in the architecture, engineering, and construction (AEC) industries.
Environmental and energy cost issues demand that the construction equipment industry develop more efficient and energy-saving machines. During the CONSTRUCTION TECHNOLOGY SUMMIT, held virtually on July 22-23, 2021, Kumar Gyanendra Mohan, Deputy General Manager – Asset Management, Construction Plant and Machinery, Montecarlo, spoke on the recent advances and whether hybridisation is now on the interim answer to efficiency.
The role of a BIM manager is unique and challenging. With reliance on complex technologies in the construction industry, the role of a BIM manager is evolving further. To better understand the traditional BIM management role, and the evolving role of BIM, a panel discussion titled “Evolving Role of the Modern BIM manager” was organised during the CONSTRUCTION TECHNOLOGY SUMMIT, which was held on July 22-23, 2021.
Prabhukumar LT, Assistant General Manager of L&T ECC, spoke on the challenging situations and how innovation is helping in bringing about optimal solutions.
The construction industry has been facing multiple challenges even without the effect of the Covid pandemic. To better understand the role of technology in the construction industry a panel discussion titled- ‘Most compelling technological interventions’ was organised on Day 2 of the CONSTRUCTION TECHNOLOGY SUMMIT, which was held on July 22-23, 2021.
The Government Erode Medical College and Hospital in Perundurai, Tamil Nadu, was recently completed in a record 45 days. This, despite the ongoing pandemic.
In a recent record created, led by L&T-STEC JVs Tunnel Construction Head Palwinder Singh, Mumbai Metro Line 3 witnessed the second of two 6.65 m (21.8 ft) diameter Robbins Crossover XRE TBMs make its third and final breakthrough.
Founded by Adithya, Vidyashankar and Parivarthan, deep tech start-up Tvasta Manufacturing Solutions, after having developed the country’s first 3D-printed house, has now developed doffing units with the same technology to protect frontline health care workers, in collaboration with Saint-Gobain.
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Execution of hybrid annuity model (HAM) projects, the preferred mode of awardby the National Highways Authority of India (NHAI), is largely on schedule.
June witnessed a pickup in real-estate demand, says a recent report by leading online property brokerage firm PropTiger.com. According to the report titled ‘Real Insight (Residential) – April-June (Q2) 2021’, half the sales in the April-June quarter of 2021 took place in June itself as states started to open up and remove restrictions.
Annual warehousing transactions for the top eight Indian cities (primary markets) will grow at a CAGR of 19 per cent to 76.2 million sq ft (7.08 million sq m) by FY2026 from 31.7 million sq ft (2.95 million sq m) in FY2021, according to Knight Frank India’s ‘India Warehousing Market Report - 2021’.
Annual warehousing transactions for the top eight Indian cities (primary markets) will grow at a CAGR of 19 per cent to 76.2 million sq ft (7.08 million sq m) by FY2026 from 31.7 million sq ft (2.95 million sq m) in FY2021, according to Knight Frank India’s ‘India Warehousing Market Report - 2021’.
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