The road ahead is rocky as the economy has to traverse difficult terrain with no solutions in the offing yet for the pandemic. Yet, infrastructure is the best bet the country has to revive the economy.
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Schwing Stetter India has unveiled its all new self-loading mixer – SLM 4600, a flagship model, for the domestic as well as global market. SLM 4600 will cater to higher output requirement of concrete batching, mixing and placing in the urban development segment.
The Liebherr 34 K fast erecting crane dismantled a lifting platform structure at one of the tallest residential towers in Europe, the Zalmhaven I at a height of 190 m.
Construction equipment major Hyundai Construction Equipment (HCE) has launched three new special attachments – Quick Coupler HQC220, Clamshell HCB220, Orange Grapple HGB220, and the mining portfolio with the launch of the HX380L.
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India added 2,488 MW of solar capacity in the second quarter of the calendar year 2021, an increase of 19 per cent QoQ as against 2,090 MW established in Q1 2021.
The Ministry of New and Renewable Energy (MNRE) has permitted 45 solar energy parks having a total capacity of 37 GW under the solar park scheme as a part of its green energy push.
The National Thermal Power Corporation (NTPC) is planning a partnership with the National Investment and Infrastructure Fund (NIIF) and Oil and Natural Gas Corporation (ONGC) for the acquisition and development of green energy assets such as offshore wind projects
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Tier-II cities in India are experiencing greater warehousing absorption with big companies, including Amazon, Flipkart, Reliance, Udaan, among others. Third-party logistics firms are taking large warehousing spaces to scale up operations to meet consumer needs.
For making coal available to power plants that do not have any power purchase agreement (PPA), the Ministry of Power (MoP) has approved changes in the guidelines for the Scheme for Harnessing and Allocating Koyala Transparently in India (SHAKTI).
Railway Minister Ashwini Vaishnaw flagged off indigenously designed and manufactured equipment recently to speed up the construction of a viaduct for the Mumbai Ahmedabad High Speed Rail (MAHSR) corridor, which has been hampered by the coronavirus pandemic and land acquisition issues.
The Assam Power Distribution Company (APDCL) has floated tenders for off-grid rural electrification via 71,199 standalone solar systems on a turnkey basis under the Pradhan Mantri Sahaj Bijlee Har Ghar Yojana (SAUBHAGYA) programme.
The Indian government and the Asian Development Bank (ADB) signed a $112 mn loan to improve service delivery in four towns in Jharkhand by developing water supply infrastructure and strengthening the abilities of urban local bodies (ULBs).
The Ministry of Road Transport and Highways (MoRTH) has approved the incorporation of Madhya Pradesh’s ATAL progress-way project in the Bharatmala Pariyojana phase-1 in the highways sector projects.
The world’s highest motorable road at 18,600 ft in Ladakh is now operational as Ladakh MP Jamyang Tsering Namgyal inaugurated the road that links Leh to the Pangong Lake.
The government has approved the development of the six-lane Kaliagura-Baunsaguar section of NH-130 in Odisha as part of the Raipur-Visakhapatnam Economic Corridor at around Rs.15.39 bn.
Cement manufacturing major Shree Cement will invest Rs.47.5 bn in three projects, including Rs.35 bn in Nawalgarh Tehsil, Rajasthan, to build an integrated cement plant.
Apart from Larsen & Toubro Limited (L&T), the HCC-KEC JV has been awarded a contract for the construction of Chennai Metro Phase-2 for Line-5 of 47-km.
India and Europe will work closely in the field of aviation as the Directorate General of Civil of India (DGCA) and the European Aviation Safety Agency (EASA) have inked an agreement to strengthen their bond and to achieve common safety and environmental protection standards.
During the 11th Economic and Financial Dialogue (EFD), the UK Government announced a $1.2 bn package for public and private investment in India’s renewable energy projects.
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Xanadu Realty has announced partnership with Ozone Group to deliver guaranteed results via customer-centric brands and market-driven solutions. Xanadu and Ozone Group are collaborating to offer integrated lifestyle homes of the 200-acre eternal city.
Bhartiya City has launched its most-awaited project Nikoo 4 Homes in Bengaluru. The project is situated in the centre of east and West Bengaluru connecting Thanisandra and Hennur main road.
The Ministry of Housing and Urban Affairs has selected Chennai, Coimbatore, Erode, Salem, and Tiruppur to participate in the 75-hour urban transformation event, which will take place from September 26-October 3 as part of the Azadi Ka Amrit Mahotsav (AKAM) celebrations.
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The Jammu Municipal Corporation (JMC) has inked a MoU with the Shri Mata Vaishno Devi University (SMVDU) to work as a foundation for developing landscape projects across the city and is envisioned at transforming Jammu into a smart city under the Smart Cities mission.
The Guwahati Smart City department has claimed to restore its operations with new enthusiasm after an initial gap. According to the insiders of the Guwahati Smart City (GSCL), a revamp has been made with fresh projects along with carrying over a few of the old projects.
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Minister of Civil Aviation (MoCA) Jyotiraditya Scindia has set a budget of Rs.2,550 mn for the Kushinagar International Airport in Uttar Pradesh. Flights are anticipated to begin in October from Kushinagar International Airport.
Zurich Airport International AG’s 100 per cent subsidiary Yamuna International Airport (YIAPL) has been incorporated as a SPV to develop the greenfield Noida International Airport (NIA).
GMR Group has announced its plans of modernising and developing Nagpur Airport after the Nagpur Bench of Bombay High Court ruling. The company currently runs Delhi and Hyderabad International Airports.
Logistics services company DP World will invest around Rs.20 bn in Tamil Nadu for installing a new container terminal, cold storage and seafood processing zone, etc
Bangladesh is setting up seven land ports with the northeastern part of India’s seven sisters for good land connectivity. At least seven land ports are being established with Assam, Tripura, and Meghalaya. Bangladesh already has five land ports with Tripura, Meghalaya, and Assam.
As many as 40 railway stations are targetted to be taken up for redevelopment purposes in 2021-22, and another 120 stations in 2022-23, Ved Parkash Dudeja, Vice Chairman, Rail Land Development Authority (RLDA), told the media.
Indian Railways has floated a tender for setting up and maintaining a rail arcade at the Krantiveera Sangolli Rayanna (KSR) railway station of Chandigarh and Bengaluru railway station for nine years.
GMR group, which operates Rajiv Gandhi International Airport (RGIA) in Hyderabad, plans to invest around Rs.5 bn in a metro-rail link project worth Rs.50 bn, which the Telangana Government proposed to connect to the airfield from various parts of the city.
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Birla Corporation announced that the commissioning of its Rs.24.5 bn Mukutban cement plant is expected by December in Maharashtra, which has been delayed due to the Covid-induced disruptions.
Major cement firms are likely to invest up to Rs.17 bn over two fiscal years, ending in March 2022, to set up 175 MW of waste heat recovery system (WHRS) capacities to reduce power costs, according to a report by ICRA.
Ambuja Cements has started the trial run at its state-of-the-art greenfield integrated plant (Marwar Cement Works) in the Nagaur district of Rajasthan. Ashok Gehlot, Chief Minister of Rajasthan, virtually inaugurated the trial runs at the new plant.
Dalmia Cement (Bharat) has signed three MoUs with the Jharkhand Government to invest Rs.7.58 bn in the state. The company would spend Rs.5 bn in the regulatory filing in its production unit at Jharkhand Industrial Area Development Authority (JIAD) Bokaro.
The company has reached an agreement with Soma Indus Varanasi Aurangabad Tollway for six-laning of Varanasi-Aurangabad NH-2 Project. The project length is around 192 km.
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Though government agencies are regularly updating the guidelines for the usage of alternative materials in manufacturing cement, there is a need for a tracking system that can balance the generation, demand, and supply equilibrium, feels Sanjay Joshi, Chief Manufacturing Officer, Nuvoco Vistas Corp. Ltd
Dalmia Cement is undertaking certain initiatives to maximise the solar power generation on a pan India basis. By 2030, the company would be using 100 per cent renewable power, says Ganesh Jirkuntwar, National Manufacturing Head, Dalmia Cement (Bharat).
As the centre promised Rs 102 lakh cr infusion in infrastructure over the next five years and states push project completion to get the economy back on rails, new localities across cities see a fresh interest from end user buyers.
Led by its co-founders Aaditya Sharda and Souvik Sengupta, Infra.Market has recently acquired RDC Concrete India (RDC) from True North, a leading home-grown private equity firm.
It is a proud moment for Sany, said Managing Director of Sany India and South Asia Deepak Garg on becoming the world’s largest excavator seller in 2020.
Led by Prof BV Venkatarama Reddy, a team at the Indian Institute of Science (IISc) has developed a technology that uses construction and demolition waste (CDW) and alkali-activated binders to produce energy-efficient walling materials.
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CSH Power Himoinsa offers a wide range of Silent DG Sets and Mobile DG Sets that serve markets and industries such as healthcare, infrastructure, agriculture, transmission and distribution.
Mahindra Lifespace Developers (MLDL), the real-estate and infrastructure development arm of the Mahindra Group, has adopted multiple new technologies for speedier construction and improved cost and quality management.
Ashwini Vaishnaw, Minister for Railways, Communications and Electronics & Information Technology, Government of India, recently flagged off the L&T-built full span launching equipment at the company’s manufacturing facility in Kanchipuram, some 50 km from Chennai, that has been developed for the Mumbai-Ahmedabad High-Speed Rail Corridor Project.
The finance minister has announced a Rs.6 trillion National Monetisation Plan (NMP) for the next four years, ie FY2022-2025. This plan is geared towards infrastructure and comprises 14 per cent of the National Infrastructure Pipeline (NIP); for this year, the amount is Rs.88,000 crore.
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