Around 5,000 electric charging stations will be coming up in the city of Mumbai due to the joint efforts of NAREDCO and Tata Power. The initiative was signed in the presence of Aaditya Thackeray, Minister of Tourism and Environment, Maharashtra.
Surabhi Gupta appointed as Senior Director and Head of Office Services for North India, Colliers India to strengthen company’s presence as one of the leading real estate consulting firms.
APM Terminals Pipavav has secured a new service Jade Express mainly for transhipment cargoes. The weekly service, introduced by Maersk, will connect Port Pipavav to Port Qasim.
US contractors can now pre-order any of Volvo Construction Equipment’s newest electric machines: the L20 Electric compact wheel loader and the EC18 and ECR18 Electric compact excavators.
Komatsu India (KIPL) has secured orders for large-sized mining equipment from a major mining company in India along with its distribution partner Larsen & Toubro (L&T).
Himachal Pradesh government has planned to allot 27 hydropower projects having a combined tentative generation capacity of 722.4 MW, proposals for which have been invited for implementation
State-run SJVN has bagged a 90 MW floating solar project worth Rs.5.85 bn at Omkareshwar, in Madhya Pradesh at the rate of Rs.3.26/unit on a build, own and operate (BOO) basis in a tender floated by REWA Ultra Mega Solar.
Gujarat State Electricity Corporation (GSECL) has invited bids for the design, engineering, supply and procurement, construction, erection, testing and commissioning of a 14 MW grid-connected solar power project located at the Vasundhara substation of the Gujarat Energy Transmission Corporation in the Morbi district.
Tata Power Solar Systems has reportedly won an order to build a 300 MW solar project for state-owned utility major NHPC at an all-inclusive price of Rs.17.31 bn.
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India has planned to build its second-largest dam at Yingkiong in Arunachal Pradesh to counter China’s ambitious water diversion scheme of the river that pours downstream into the Brahmaputra river.
Coal India (CIL), to minimise the shortage of dry fuel for thermal electricity generating plants, is supplying more coal than its commitment, pushing the non-power sector to brace for more challenging days.
National Highways Authority of India (NHAI) and Delhi Development Authority (DDA) have included proposals to develop three logistics parks or freight villages along the Urban Extension Road-II as a part of the proposed Delhi Master Plan.
Oman’s Minister of Commerce and Industry and Investment Promotion is eyeing to push the Preferential Trade Agreement (PTA) close on the heels of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) opening up possibilities for India in the resource-rich Gulf region.
Oman’s Minister of Commerce and Industry and Investment Promotion is eyeing to push the Preferential Trade Agreement (PTA) close on the heels of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) opening up possibilities for India in the resource-rich Gulf region.
Pune Municipal Corporation (PMC) has launched three advanced robots named ‘Bandicoot’ to clean and maintain city manholes safely without workers entering the manholes.
Aurangabad Municipal Corporation has decided to ban use of freshwater for construction activities to tide over water scarcity with the civic body seeking 3 mn litre additional water supply per day from the Maharashtra Industrial Development Corporation
Odisha Renewable Energy Development Agency (OREDA) has issued a request for proposals for the design, engineering, supply, installation, testing and commissioning of 1.058 MW of rooftop solar systems and 44 solar street lighting systems at government buildings.
Indian Oil Corporation (IOCL) has issued a request for proposals for consulting services to help it build up a 2.25 MW solar project at its Jabalpur LPG bottling plant.
The project envisages providing water to irrigate 22,283 ha of Culturable Command Area (CCA) in Dumka district of Jharkhand by way of pumping water from the Sidheshwari river.
Gurugram Metropolitan Development Authority (GMDA) has conducted a pilot project of the centralised integrated water management system on the Basai-Dundahera (1,200 mm) pipeline to ensure that even the last sectors get an adequate supply of water in the summer months.
Surendranagar Mahila and Bal Vikas Mandal in Gujarat have requested tenders for the survey, installation, testing and commissioning of a 2.5 MW grid-connected ground-mounted solar power plant.
The Union Territory of Ladakh will soon have a state policy on solid waste and plastic waste management to attain zero waste status via sustainable innovations, interventions, and technology.
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Tata Realty and Infrastructure (TRIL) has given on lease over 156,000 sq ft of office space in its commercial projects at Gurugram to Johnson Controls and PepsiCo.
Telangana Government has unlocked land in Hyderabad by revoking 26-year-old government order GO-111, following which the city’s developers have been eyeing a big boost for the real estate sector in the coming days.
Maharashtra is set to reallocate stuck slum redevelopment projects to new builders in a move that can potentially give relief to up to 40,000 families.
Macrotech Developers (Lodha Group) is in talks with two global investors to set up a platform that will invest over $1 bn to develop warehousing and industrial parks across the country
TARC, a real estate development business based in North India, has raised Rs.13.30 bn from Bain Capital in the US. Bain Capital Credit provided the cash in the form of secured long-term NCDs.
After a record pre-sales collection of more than `100 bn in FY22, the Prestige Group is establishing its presence in Mumbai with the launch of multiple commercial and residential projects in BKC, Mahalaxmi, Yogi Hills (Mulund) and Bandra.
WeWork India and Bhutani Group have recently announced their long-term partnership. Following this, WeWork will be taking up a tower comprising 25 leasable floors at Bhutani Alphathum, in Noida.
NTT has recently announced the launch of its latest hyperscale data centre campus NAV1A in Navi Mumbai, the first one in the satellite city. The campus will have up to four data centres with 150 MW of facility load.
Bhopal, Surat, Bhubaneswar, Udaipur, Ahmedabad, Varanasi and Indore are set to be declared India’s ‘first set of smart cities’ by the end of the year, seven years after the launch of a flagship urban renewal mission to make 100 cities sustainable and citizen-friendly.
The Andhra Pradesh State Road Transport Corporation (APSRTC) is set to operate its first 50 electric buses in Kakinada and the connected destinations under the Smart City Mission.
India’s first sensory park for differently-abled persons of all age groups was inaugurated in Bhubaneswar’s Sahidnagar area. The 1,368 sq m sensory park was inaugurated under the Bhubaneswar Smart City Project.
In a recent meeting chaired by Durga Shankar Mishra, Chief Secretary, Uttar Pradesh the authority announced that several protected monuments in Lucknow will get a facelift under its Smart City Mission.
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Airports Authority of India (AAI) will be carrying out an environmental impact assessment (EIA) of the new terminal building and ancillary infrastructure that will come up at Bagdogra airport in Bengal.
AAI has planned to open a new terminal building at the Jabalpur airport in Madhya Pradesh by March 2023. It will be equipped with world-class passenger amenities and handle 500 people during peak hours.
Shipping Ministry (MoPSW) has directed all major ports to establish enough infrastructure by 2025 to achieve 0% waiting time for inbound and outgoing goods.
Centre’s ambitious drive for port monetisation has gotten off to a rocky start with the MoPSW (Ministry of Ports, Shipping and Waterways) being able to award projects worth 14 per cent of the total target amount in 2021-22.
Ministry of Civil Aviation has announced that the Obstacle Limitation Surface (OLS) Survey has to be carried out at the two sites, Pannur and Parandur, which have been shortlisted for Chennai’s second airport because they have obstructions.
Visakhapatnam Port Authority (VPA) has declared the completion of the expansion of its container terminal billed as one of the best facilities with the deepest natural depth of 16 m which will be transforming into a transhipment hub.
Three direct container shipping lines have been launched from Chabahar Port in Iran to Nhava Sheva and Kandla ports in India and Jebel Ali Port in UAE.
The Railway Board has given K-Rail the approval for the construction of 27 railway over bridges (ROB) which will help in tackling the traffic in the state.
Indian Railways (IR) is preparing to lay a 3,000-km rail line connecting 27 ports at Rs.1 tn, with the goal of increasing cargo flow. Survey work is underway to connect these ports with rail lines to all operating ports in the country.
Rail Land Development Authority (RLDA) has issued a Request for Proposal (RFP) for the major upgrade of Gujarat's Somnath railway station of the Bhavnagar Division's Western Railway. Somnath is a Hindu pilgrimage site that attracts visitors all year.
Due to massive losses and lack of cooperation between the two administrations, the Southern Railway of the Indian Railways (IR) has approved the long-awaited merger proposal of the Chennai Mass Rapid Transit System with Chennai Metro Rail
National Highways Authority of India (NHAI) has been emphasising newer technologies to build better quality roads in less time and cost stating that good quality roads are made quickly at less cost and are convenient for citizens to run their vehicles on them.
The road and railway Ministries and the Border Road Organisation (BRO) have come on board for construction of the country’s first underwater road-cum-rail tunnel across the Brahmaputra in Assam.
Despite continuous economic uncertainty and geopolitical turmoil, the National Highways Authority of India (NHAI) is hopeful about attaining its asset monetisation target of Rs.200 bn this fiscal.
Cement prices are set to increase as costlier Asian thermal coal and a higher gas price outlook in Europe is expected to surge expenses for cement manufacturers. Power and fuel prices are likely to rise by 10 per cent in the April-June quarter because of a steep rise in coal and pet coke costs in March.
JK Lakshmi Cement has planned to tie up with the Society for Technology and Action for Rural Advancement (TARA) to integrate calcined clay technology into its operations to begin the production of limestone calcined clay cement
Work order received from Pune Municipal Corporation for development of Mula Mutha river, from Bund Garden Bridge to Mundhwa under the Pune River Rejuvenation Project.
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Sandwiched between the price surge and the infrastructure boom, Vishal Sharma, Business Partner, Reach International, talks about the rental equipment scene in the Indian equipment market
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Corporate Social Responsibility (CSR), a management concept that integrates social and environmental concerns, is a widely used and practised term. From philanthropy to environmental sustainability, CSR covers a gamut of verticals. ICR looks at the ongoing CSR initiatives of companies to understand how a unified platform works to maximise their impact.
While analysing the rising costs of cement and its impact on infrastructure and real estate development, one cannot ignore the major driving factor - bulk distribution. In spite of being a desirable solution, bulk distribution comes with its own set of challenges. ICR looks at the various ways in which the industry is facing off these issues.
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It is a moment of pride for Amit Gossain, Managing Director, KONE Elevators India, as the company sets a world record by unveiling the world’s largest passenger elevator! Located at Jio World Centre in BKC, Mumbai.
Lt Gen Rajeev Chaudhary, Director General, Border Roads Organisation (BRO), after having already spearheaded some of the organisation's remarkable feats like successfully completing the ‘World’s highest motorable road’ and ‘World’s longest highway tunnel’, has now secured another impressive achievement.
Having ranked as the no. 1 rooftop solar brand for six years, Dr Praveer Sinha, CEO and Managing Director, Tata Power, adds another feather in the company's cap as Tata Power Solar bags India’s largest single solar EPC order! The 1 GW EPC order secured from SJVN is approximately estimated at Rs.55 billion.
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Manish Mehan, CEO and Managing Director, TK Elevator (India), elaborates on the need for elevators in the light of the booming infrastructure in Tier 2 and 3 cities.
India is not only one of the fastest-growing economies in the world but also is the second-largest producer of cement globally, which accounts for more than seven per cent of the global installed capacity.
Sandwiched between the price surge and the infrastructure boom, Vishal Sharma, Business Partner, Reach International, talks about the rental equipment scene in the Indian equipment market.
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JCB has recently opened its newest factory in India with an investment of £100 million (nearly `9.95 billion), with British Prime Minister Boris Johnson inaugurating the facility
As part of its ‘Houses of Tomorrow’ initiative, spearheaded by ACC’s parent company, the global cement major Holcim Group houses tenements built with materials that have a near-zero carbon footprint.
The Adani Family, through an offshore special purpose vehicle, has announced that it has entered into definitive agreements for the acquisition of Holcim's entire stake in two of India's leading cement companies – Ambuja Cements and ACC.
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