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CONSTRUCTION WORLD Person of the Year 2023 (Private Sector)
Real Estate

CONSTRUCTION WORLD Person of the Year 2023 (Private Sector)

AAV Ranga Raju, Managing Director, NCC Ltd A man of proven excellence  and calibre, AAV Ranga Raju is Managing Director and one of the Chief Promoters of NCC Ltd (formerly Nagarjuna Construction Company Ltd). Raju, who joined the family...

AAV Ranga Raju, Managing Director, NCC Ltd A man of proven excellence  and calibre, AAV Ranga Raju is Managing Director and one of the Chief Promoters of NCC Ltd (formerly Nagarjuna Construction Company Ltd). Raju, who joined the family business at a very early age, worked actively with his father, Padmashri Dr AVS Raju - the visionary and founding chairman, towards firmly establishing NCC as a major player, right from its inception in 1978. With over 44 years of rich experience in Construction, and Infrastructure Development, Raju has been the managing director of the company for more than three decades and under his guidance the company has grown from strength to strength. In FY 23 the company has delivered 35 per cent growth and has brought down its debt to the lowest it has been in 15 years. Moreover, NCC is sitting at the highest-ever order book of nearly Rs.70,000 crore!A man of few words, yet visionary to the core, Raju has been instrumental in propelling the company to the heights it has achieved.

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Infrastructure Energy

Vedanta Utilizes 2.60+ Bn Units of Renewable Energy in FY25

On Akshay Urja Diwas, Vedanta, India’s leading critical minerals, transition metals, energy, and technology conglomerate, announced that it has consumed over 2.6 billion units of renewable energy in FY25, enough to power nearly 20 lakh Indian households for a year. This reflects a significant rise from 1.6 billion units in FY24, registering a 1.6x increase in clean energy utilization.In Q1 FY26 alone, Vedanta consumed around 850 million units of renewable power, underscoring its accelerated green energy transition. The company has already secured power delivery agreements for 1.9 GW of renew..

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Resources

IIM Calcutta launches Advanced Programme in Smart Manufacturing Leadership

As India advances towards its goal of becoming a USD 5 trillion economy, the government is focused on enhancing the manufacturing sector, particularly through smart and digital manufacturing initiatives. With the 'Make in India' initiative having gained momentum, the National Policy on Electronics and the Production Linked Incentive (PLI) Scheme are further underlining the government's dedication to establishing India as a prominent global manufacturing hub. According to a report by OmniScience Capital, India's manufacturing sector is expected to play a pivotal role in driving economic gr..

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Infrastructure Transport

Railways Launch Track Solar Panels and New Freight Initiatives

The Ministry of Railways has announced a milestone in green energy innovation with the commissioning of India’s first renewable solar panel system installed between railway tracks at Banaras Locomotive Works (BLW), Varanasi.According to the ministry, Indian Railways has commissioned a 70-metre removable solar panel system comprising 28 panels with a 15 KWp capacity. The initiative marks a historic first in the nation’s sustainability drive.At the same time, freight operations have been expanded. On 10 August, the first industrial salt-loaded rake was dispatched from Sanosara on the Bhuj–..

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