The virtual panel discussion with the real estate stalwarts, held along the CONSTRUCTION WORLD Architect and Builder Awards this year, uncovered hard facts, and estimates on where the sector is heading towards amid the pandemic.
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The J&K Administrative Council, which recently met under the chairmanship of (Ex) Lieutenant Governor C Murmu, has sanctioned a proposal of the Housing and Urban Development Department for adoption and notification of the Jammu and Kashmir Housing, Affordable Housing, Slum Redevelopment and Rehabilitation and Township Policy 2020.
Built at a cost of Rs 34.47 billion by IRB Infra, the 189.6-km Goa-Karnataka border highway project is an important north-south highway link on India’s western coast with a concession life of 28 years.
Moving with the trend of manufacturing in India and Atmanirbhar Bharat, Apollo Tyres has successfully managed to inaugurate new facilities, establish new trade partners, and explore a new range of products even during the lockdown phase.
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As mega contractors are in race to construct the new Parliament House, CW explores the design, plan and what contractors need to look out for in the bid!
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India’s largest cement manufacturer Ultratech Cement has lined up investments of Rs.15 bn in FY2021 in multiple initiatives, said its Chairman Kumar Mangalam Birla as reported. Further, the company is also reportedly targeting to increase its annual capacity to 118 mn tonne from 114.8 mn tonne currently.
The Board of Birla Corporation, at a recent meeting, reportedly approved a proposal to expand the existing capacity of its grinding cement plant at Durgapur by installing a cement grinding unit, ie, one cement mill (VRM) with cement capacity of 0.24 mn tonne per annum.
Domestic cement production has fallen by 38.3 per cent during the first quarter of FY2021 as compared with the 16.3 per cent and 1 per cent growth in production achieved during Q1 FY2019 and Q1 FY2020.
JK Cement’s capital and financial resources are expected to remain entirely protected in spite of the adverse impact on its sales due to the COVID-19 lockdown. Lower sales would impact the profitability of the company in the current financial year.
Top cement makers such as Ultratech, ACC, Ambuja Cement and India Cements have adopted cost-reduction strategies such as supply chain optimisation and overhead controls to overcome a sharp fall in sales.
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Experts, scientists and ASHRAE claim that viruses like COVID-19 can easily spread through indoor air circulation systems, which means that a single infected person can trigger the infection to countless others.
Knam Marketing has launched an SGS-certified anti-microbial copper film. The protective film can act as a shield for surfaces against getting contaminated by bacterial attacks.
Orient Electric, part of the CK Birla Group, has announced its entry into the hygiene products segment with the launch of UV Sanitech, a box-shaped sanitisation chamber that uses ultraviolet (UV-C) light which is claimed to kill viruses including Coronavirus, bacteria and fungi on the surfaces of everyday objects and groceries in 4 minutes.
Infrastructure projects in India already plagued by cost overruns and delays, face even deeper trouble as the COIVD-19 pandemic sweeps through Asia’s third-largest economy.
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Daimler India Commercial Vehicles (DICV) has launched ‘BharatBenz Exchange’, its new offering in the used commercial vehicle segment. By leveraging its growing customer base and nation-wide dealer network, the exchange will supplement its new vehicle sales model by offering an exchange platform where customers can exchange their used vehicles of any brand for new or used BharatBenz vehicles.
Ammann has its core competence in road construction equipment with over 100 years in asphalt plants technology (since 1908), in compaction (since 1911) and in pavers (since 1951), thereby offering products and solutions to all types of road construction all over the world.
Since May 2018, there have been ten 1000 EC-H 40 High-Top tower cranes with very high lifting capacities on the construction sites of the Grand Paris Express.
To meet the current requirements in the construction industry, Paschal is introducing a new lightweight formwork in October 2020. The NeoR combines the benefits of the proven modular universal formwork and the LOGO.3 wall formwork system, while at the same time offering all the system properties of modern lightweight formwork.
The growing demand for urban housing is being met through the construction of high-rise apartment buildings in the city of Linz in Austria. By 2025, six new skyscrapers will rise skywards in the city on the Danube.
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Bharat Heavy Electricals (BHEL) has commenced civil works at the 660-MW Sagardighi supercritical thermal power project in West Bengal. Following the strategic completion of pre-engineering activities for the project beforehand, ground breaking has begun on zero date itself.
Bharat Heavy Electricals (BHEL) has issued a tender seeking bids from eligible firms for setting up of 410 kWh Battery Energy Storage Systems (BESS) for The Energy Resources Institute (TERI) at three sites in Delhi.
Chennai Power Generation (CPGL) has proposed setting up of a 900-MW power plant in Tiruvallur district that would use eco-friendly regasified liquefied natural gas (RLNG) for fuel.
The domestic power transmission segment is expected to attract investments worth Rs.1.8 tn in the next five years, according to a report by rating agency ICRA
Sterlite Power has sold a 14.7 per cent stake it held in India Grid Trust (IndiGrid) to institutional and high networth individual investors.IndiGrid is India's first infrastructure investment trust in the power sector.
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NHAI has invited applications from private players for three packages for the Delhi-Mumbai Expressway project. The three packages under Sohna-Mumbai expressway include a 58-km stretch that passes through Delhi.
Indian Railways will build nearly 4,000 km of the dedicated freight corridors connecting industrial areas in the eastern and western parts of the country to southern India through the ports in Odisha and Andhra Pradesh, a document on the planned corridors says. The DFCs are part of the next big ticket infrastructure projects of the Railways.
AIIB to approve US$ 3 bn loansAsian Infrastructure Investment Bank (AIIB) is looking to provide loans worth $3 bn for various large infra projects in India, including Delhi Meerut Rapid Rail, Mumbai Metro Rail and Chennai Peripheral Ring Road project, over the next 12 months
The government has identified and listed 6,835 projects under its Rs.111 tn National Infrastructure Pipeline (NIP), seeking to attract investment in infrastructure development.
The Government of Bihar has launched 217 road and bridge projects worth `50.24 bn, including the 68.5-km-long Dumri-Sarmera section of the lBihta-Sarmera State Highway.
In order to provide metro connectivity to the residents of old Gurugram, the Haryana Cabinet has approved the final DPR of a metro rail connection from HUDA City Centre to various important locations in the city at Rs.68.21 bn.
A 600-km highway will be constructed along the border touching all picturesque tourist spots in the Kashmir Valley. The Rs.80 bn road project will connect Gulmarg with Kargil and Drass in Ladakh. It will connect all unexplored tourist spots and picturesque valleys and help open them for the tourists, and it will also provide connectivity to forward locations.
The foundation stone was recently laid for highway projects worth `30 bn for Manipur. These include the construction of 316 km of highways. Paving the way for development of Manipur, these roads will provide better connectivity, convenience and economic growth in the state.
NHAI has cleared a Rs.40-bn project that includes faster connectivity between Chandigarh and Ludhiana. This will be part of the upcoming Delhi-Amritsar-Katra Expressway.
The proposed four-lane elevated expressway corridor of the Chennai Port Trust, aimed at easing city traffic and enabling better movement of freight to the port, has been granted CRZ clearance by the Environment Ministry.
The North Central Railway has floated a tender for construction of two bridges on the Jhansi-Manikpur section in Uttar Pradesh. The scope of work involves construction of two important bridges at Betwa river and Dhasan river and two other major bridges in connection with doubling of the Jhansi-Manikpur section.
The design for the six-lane Ruby flyover, which promises to ease daily commute along EM Bypass, is almost ready. The highlight of the `6-bn elevated corridor is the 5.5-m skywalk planned below the upcoming Hemanta Mukherjee Metro station at the Ruby crossing.
India has invited investments from the UAE in areas including logistics, food parks, highways, ports, airports. The two countries have also discussed a joint strategy to offset the economic and social impact of the COVID-19 pandemic on both countries.
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Signature Global has launched its 22nd project Signature Global Park 4 and 5, at Sector 36, south of Gurugram. The project is under the Deen Dayal Jan AwasYojna, offering independent floors.
The Lucknow Development Authority (LDA) will construct a township comprising around 6,000 housing units on over 2,000 acre on Sultanpur road. The authority has prepared a blueprint for the acquisition of 2,052 acre in nine villages for the scheme.
After successfully launching Crown Taloja last year, Lodha Group has announced the pre-launch of integrated township ‘Codename Golden Sunrise’ at Taloja Road. Providing the coveted Lodha lifestyle, the project is priced in the affordable segment.
The Union Housing and Urban Affairs Ministry has approved the construction of around 10.28 lakh houses under the PMAY (Urban), taking the total number of houses sanctioned under the scheme to 1.06 crore.
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The construction of the much-delayed third phase of the Panjim Municipal Market in Goa, which is expected to accommodate fish and meat vendors, will now be taken up under the Smart Cities mission.
Chandigarh Smart City (CSCL) has floated a tender for the ambitious pilot project of 24 x 7 water supply in Manimajra. Expected to cost Rs.1.62 bn, the work will begin by September-end.
As many as 25,000 smart LED lights will be installed in Karnal under the smart city project to make the lighting system smarter and more efficient. The project will have sensors and integrated devices to control street lights.
Trichy Corporation has launched the work for a multi-level car parking (MLCP)-cum-vegetable market at Kaliammankoil street near Chathiram bus stand, a year after the proposal was mooted under the Smart Cities mission.
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The Uttarakhand Government has announced the construction of the state’s first international airport in Pantnagar. This is expected to boost tourism in the state. With the opening of the international airport, large passenger aircraft would also be also to operate from there.
Bengaluru has long felt the need for a second airport. Now, a proposal to this effect has been made to the state government, according to the Bangalore Chamber of Industry and Commerce (BCIC).
In the aftermath of the recent Air India Express plane crash at Kozhikode that killed 18 people, authorities are looking to revive plans to extend the airport’s runway, though land availability is expected to be a constraint.
After a long delay, the Tamil Nadu Government’s plan to expand Cuddalore port has got environment and CRZ clearance from the Centre. The plan, which will cost Rs.1.35 bn, is to enhance the cargo handling capacity by constructing two additional berths, with the necessary modifications to the existing breakwaters.
India is considering investing Rs.100 bn to build a transshipment port at Great Nicobar Island in the Bay of Bengal capable of handling large ships to provide shippers an alternative to similar ports in the region, Prime Minister Narendra Modi said recently while inaugurating via video link the first undersea optical fibre project to provide high-speed internet to Andaman and Nicobar Islands.
NHAI will soon approve 1,500 km of highway projects in the coastal regions of the country to improve coastal connectivity as it moves forward on four-laning of roads in the coastal region.
Twenty-three new highways, including a network of expressways and economic corridors, will be ready by March 2025, according to the NHAI. While four expressways, including Delhi-Mumbai, Ahmedabad-Dholera and Amritsar-Jamnagar, are scheduled for completion by March 2023, nine more will be ready by March 2024.
The NHAI is preparing to launch a massive plan to build 22 expressways with an investment of `3.3 tn. It has also decided to form SPVs to meet this fund requirement.The first SPV will be for the Delhi-Mumbai Expressway.
The Rail Land Development Authority (RLDA) has invited online bids for marketing and financial consultants for the commercial development of railway land of 89,032 sq m at Salt Golah, Howrah in West Bengal. RLDA is hoping to generate an investment of up to Rs.8 bn crore from the site.
The South Western Railway has commissioned the development of Lachyan-Hotgi section, which is 33 km long, as part of the doubling project from Hotgi-Kudgi-Gadag (284 km) which had been sanctioned by the Railway Board in 2014-15.
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The firm has emerged as a preferred bidder for six-laning of NH-19 from Palsit to Dankuni (up to NH-6 Connector) in West Bengal under Bharatmala Pariyojana to be executed on BOT (Toll) basis.
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ACE will represent Doosan’s premium material handling equipment (MHE) in India with marketing, sales and aftersales support through its network of over 100 dealers.
The post-COVID scenario seems to be working out good for used equipment as customers want to buy more pre-owned equipment in good quality as organised players are seeing business growth and more equipment OEMs are entering the business too.
In line with the Prime Minister’s initiative on self-reliance ‘Atmanirbhar Bharat’, BEML has taken some significant steps to push the boundaries of indigenous products and technologies.
Project for the new SB 300 Fixed-Width Screed from VÖGELE: the fixed-width screed demonstrated its benefits right from the start during a project to lay a major road.
The COVID-19 pandemic has impacted the commercial vehicle (CV) industry hard in the past few months, especially the first quarter of this financial year.
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While developers are being urged to reduce prices in order to clear unsold stock, it isn’t as simple a solution as it seems, says NIMISH GUPTA, as he suggests implementation measures to revive demand.
In the midst of the lockdown and in the backdrop of a brewing controversy about foreign goods in the Indian market, there was a social media post that went viral proclaiming a list of wholly Indian cement companies.
Cement industry in the existing scenario can play an important role in processing of hazardous waste in its kiln when no other cost effective option is available. Milind Murumkar, takes a stock of the situation.
Today, the entire world is in the grips of an unprecedented crisis of a magnitude which no one had anticipated - the COVID-19 pandemic. This has shaken the fabric of the global society, which was already facing innumerable challenges.
Energy is a major input in cement manufacturing process and is being met through captive power generation to run the operations cost effectively. On an average, energy cost is around 40% of the production cost for cement manufacturing.
As water is the key to life and development, judicious use of water resources assumes utmost importance even as an increasing population, urbanisation and other related developments create additional pressure on available resources. Good planning of any resource requires a strong database and a reliable information system. The revised version of India-WRIS is a step in this direction.
Executed ahead of schedule amid great challenges, the project is expected to provide a major boost to development in the island territory of Andaman & Nicobar.
Union Minister for MSMEs & Road Transport and Highways, Nitin Gadkari has said that Central Govt would extend all possible help to industry to turn the country into a global hub of construction equipment.
Union Minister for Road Transport and Highways laid the foundation stone for 45 new highway projects involving road length of over 1,300 km in the central Indian state of Madhya Pradesh on August 25.
India will recommence metro rail operations in major cities this month since their suspension following the nationwide lockdown announced on March 24 to contain the COVID-19 pandemic. However, commuters in the country’s financial capital Mumbai will have to wait till October for services to restart.
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In a recent development, global alternative investment manager Brookfield Asset Management has taken over realty developer Peninsula Land’s equity stake in its premium project Salsette 27 in Mumbai’s Byculla locality.
ICRA has revised the outlook on the Indian logistics sector from ‘Stable’ to ‘Negative’ given the prevailing circumstances and the impact on industry metrics.
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