Fire safety is an important aspect while restarting buildings after the lockdown. “FSAI set up a Task Force to develop guidelines on how the fire system should be restarted,” said Rakheja. “It then comes down to operations.”
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The customers want to de-risk when it comes to capital investment and they are looking for alternative solutions on rental, leasing, etc. If they are forced to buy, they would like to keep their investments minimum and buy machines which can be versatile and can be used in many projects.
The mini excavator market in India currently comprises around 4-5 per cent of the overall excavator market and has been growing year-on-year. Growth so far has been largely driven by a few South Indian states.
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Aqua Line was thrown open to the public, it was one of the fastest constructions of a metro-rail project. In little less than a span of five years, Maharashtra Metro Rail Corporation (Maha Metro), had started passenger services on about 25 km of the total project length of 38 km.
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Exploring the state of the construction sector and its revenue outlook in a pandemic-hit fiscal, CW speaks to contractors on how COVID-19 has impacted operations and construction activities.
The construction industry had phenomenal growth for four years till 2018 where industry volumes doubled from 50,000 to close to 100,000 units. In 2019, however, construction equipment volumes dropped by 20 per cent.
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The disruption caused by the nationwide lockdown and the subsequent workers’ exodus from cities back to their homes will result in technology playing a bigger role in the execution of metro-rail projects.
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With the COVID-19 global pandemic causing a knee-jerk stoppage of almost all economic and commercial activities except those covered under essential supplies, even non-legal professionals have got used to hearing the term ‘Force Majeure’ (FM).
Very few real-estate developers in India have obtained title insurance cover, although title insurances are desirable for many reasons, writes DIVYA MALCOLM.
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State-owned BHEL gas announced the commissioning of a 270-MW thermal power plant in Telangana. Located at Manuguru in Kothagudem district, the project was awarded to BHEL by Telangana State Power Generation Corporation (TSGENCO).
Tata Power Company hopes to raise about Rs.30 bn from divestment of non-core operations and restructuring the renewable energy business with an aim to cut debt by around 40 per cent this fiscal. The company has an installed capacity of 12,742 MW.
Andhra Pradesh’s Southern Power Distribution Company (SPDCL) is taking the initiative to provide uninterrupted power supply to Chittoor district, especially to the temple city of Tirupati.
One unit (150 MW) of the 600 MW Kameng Hydroelectric Project (4 x 150 MW) has been commissioned for commercial operations by North Eastern Electric Power Corporation.
India Grid Trust (IndiGrid) has reportedly bought a 100 per cent stake in a Haryana-based asset owned by Kalpataru Power Transmission and Techno Electric and Engineering Co for Rs.3.10 bn.
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Sunshine Group has announced the development of a mixed-use property in Downtown Noida, Sector 94. Mixed-use property signifies development of retail, commercial, hotel and luxury residential units with a well-planned infrastructure in place.
Akshaya is the first real estate developer from Tamil Nadu to offer homebuyers a better lifestyle experience with their future homes coming equipped with solutions from IKEA.
Shriram Properties has expanded its plotted land development portfolio through a strategic partnership with SLV Infra Projects, which is engaged in plotted land development in Bengaluru.
Real Estate Advisory 360 Realtors has forayed into the franchise model. Named as 360 Edge, the prime objective of this entity is to build an asset-light and scalable model that can tap the evolving and growing demand in the Indian real estate market and provide an entrepreneurial opportunity to the large talent pool available in the country.
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Technology leader ABB will supply RCCPL with ABB Ability Expert Optimizer, an advanced process control solution for controlling, stabilising and optimising industrial processes, which will allow the cement producer to increase production, minimise its carbon footprint and reduce fuel consumption to meet energy usage goals.
UltraTech Cement has restricted its capital expenditure plans for this fiscal to `10 bn due to COVID-19 disruptions, as conserving its cash position has become a priority for the company this year.
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Srinagar Smart City’s board of directors, have approved several new projects, including establishment of an ICCC for public services delivery at HMT, an emergency operations centre including a city-wide CCTV surveillance system, smart power and water metering, smart street vendor market zone near flyover at Jahangir Chowk, MA Road re-development, several drainage projects, real-time water and air quality monitoring system, noise pollution monitoring system, smart street lighting, bio-toilets at major nodes, etc.
Chandigarh Smart City has signed a contract with Bharat Electronics for implementation of an ICCC. The contract includes civil construction of the complex, including buildings for ICCC, SCADA systems of all utility services, and a police command centre.
Guwahati Smart City has invited bids for an integrated command and control centre (ICCC). The scope of work involves selection of system integrator for implementation of ICCC, ITMS, and city surveillance system at Guwahati in the Kamrup district of Assam, on a design, supply, implementation and O&M (five years) basis under the Smart Cities mission.The work is to be completed in 12 months at a cost of Rs.2.15 bn.
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Karnataka Chief Minister BS Yediyurappa recently laid the foundation stone for the construction of a `2.20-bn airport project in Shivamogga, which is expected to give a boost to tourism, industries and economic activities in the region.
GMR Infrastructure has signed an agreement with the Andhra Pradesh Government to develop a greenfield airport at Bhogapuram near the port city of Visakhapatnam.
The Revenue Department of the Kerala Government has ordered the Kottayam District Collector to acquire the land to construct the Sabarimala greenfield airport in the district.
The Andhra Pradesh Government has approved a detailed project report (DPR) for the Ramayapatnam Port in Prakasam district, paving the way to take up the first phase of the work at a cost of `37.36 bn and a completion period of 36 months. The state government will provide Rs.1 bn for land acquisition.
The Visakhapatnam Port Trust (VPT) is mulling plans to construct a closed conveyor facility for handling coal and to avoid the movement of vehicles carrying coal near Jnanapuram Bridge as part of pollution control measures.
The government has invited fresh bids for building the Zojila Tunnel in Jammu and Kashmir and a road from the under-construction Z-Morh Tunnel to the Zojila Tunnel in Ladakh. These strategic projects aim to provide round-the-year connectivity to Ladakh.
NHAI has given clearance to the Rs.80-bn Pathankot-Mandi highway four-laning project. The authority has restarted the land acquisition process and will float a global tender for the construction of the first phase of the project between Pathankot and 32 mile in two months.
IRB Infrastructure Developers has achieved the Rs.66.10 bn financial closure for its first and India's largest toll-operate-transfer (TOT) project, the Mumbai-Pune Expressway.
The much-awaited Pune-Nashik semi-high speed rail line project has received approval from the Railway Ministry, paving the way for connecting two key industrial cities of Maharashtra.
The semi-high speed rail project named ‘Silver Line’ has been approved by the Kerala Government with a budget of Rs.660 bn. This project is seen as a game-changer to revamp infrastructure and boost economic development.
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Metallizing Equipment Co Jodhpur has developed an effective and affordable solution in the form of copper coating for a wide range of applications in hospitals, schools, ships and shopping centre surfaces.
Asian Paints has launched San Assure, a dealer-led sanitisation service for homes and commercial establishments. San Assure offers a mechanised and completely contactless sanitisation service with a fast turnaround time.
OxyGarden has launched FOREST – what it claims to be India’s first air sanitiser, which purifies and humidifies indoor air naturally. It also helps in preventing the spread of pathogens like viruses and bacteria.
Flipspaces has launched REBOOTSPACES, which presents brands with an integrated offering of products ranging from social distancing, hygiene and sanitisation, and touchless automation mapped specifically to a brand’s requirements.
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Mecalac has introduced its innovative line of crawler skid-excavators – the updated MCR Series. Comprised of three models, the 6MCR, 8MCR and 10MCR, Mecalac’s line of compact skid excavators offers superior speed, productivity and compact operation over traditional mini-excavators.
Eicher Trucks & Buses has introduced all new heavy-duty bus – Skyline Pro 6016, now available across all markets in India. Skyline Pro 6016 marks the introduction of Volvo Group technology based 5.1 litre VEDX5 engine in Eicher’s bus range.
Liebherr is starting sales of the new self-service concrete plant. It gives building material suppliers a unique opportunity to supply their customers, such as small professional buyers or DIYers, in a flexible manner.
Thanks to the well-balanced range of panels and the stable construction of Paschal’s LOGO.3 formwork, there are many practical ways of significantly reducing the number of tie points so that installing the LOGO.3 system is even more efficient without compromising in terms of safety.
Amid the colourful cityscape of Ham-burg's St. Pauli district sits an imposing grey concrete colos-sus. In a pioneering landscape architecture project, the bunker at the Flak Tower is now being enhanced by the addition of five pyramid-like levels on its roof.
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Protecting drenched floors in monsoon got easy with Span Floors. Its Millboard Composite Decking Collection takes care of aesthetics, durability, health and sustainability, and is designed to specifically withstand outdoors elements.
Chir-Ayu Controls offers a compact, ergonomic and easy to handle ultrasonic pulse velocity tester for quality assessment of concrete compliant with valid international standards.
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After a prolonged dry spell in the roads sector, industry perhaps had high hopes pegged on the resurgence of the build operate transfer-toll (BOT) model against the backdrop of progressive reforms introduced in the PPP framework.
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Sotefin Parking is now one of the market leaders in India in the design, manufacture and installation of electro-mechanised and computerised car parking systems.
As the leading technology provider for the construction industry, Trimble Solutions remain committed to stand by its customers in these difficult times.
The company has received a LoA from NCRTC. The project scope involves supplying of 30 regional commuter train sets of six cars each and 10 intra city mass transit train sets of three cars each, together with 15 years of rolling stock maintenance.
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Major reforms in the National Highways Authority of India (NHAI) are being undertaken in terms of decentralisation of work and division of power, informed Union Minister of Road Transport and Highways (MoRTH) Nitin Gadkari in a webinar hosted by ASSOCHAM recently.
June 2020 has been witnessing a rapid fall in the unemployment rate. After clocking 23.5 per cent in April and May, the unemployment rate first dropped to 17.5 per cent in the first week of June and then took a steeper fall to 11.6 per cent in the second week, according to the Centre for Monitoring Indian Economy (CMIE).
Although the country has improved its transportation landscape over the past two decades, much remains to be done to meet the increasing demand in the years ahead, says a new report released by Kearney titled Harnessing the Opportunities in India’s Transportation Infrastructure.
Captech Technologies, a Capacit’e Infraprojects Group associate company, recently launched India’s first multilingual construction tech platform – eFORCE – to bridge the gap between general contractors and project developers, migrant labour contractors and specialised vendors.
ICRA expects the recent measures announced by the Finance Minister for contractors – primarily extension of the timeline for project execution by up to six months, and a partial release of bank guarantees (BGs) – to provide some respite to construction companies.
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