Real Estate

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SOBHAOver the past 18 years, SOBHA has consistently been a leader in initiatives aimed at uplifting the most marginalised sections of society. The company has identified and supported nearly 4,525 families living below the poverty line. SOBHA Hermitage, established with the pr...

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SOBHAOver the past 18 years, SOBHA has consistently been a leader in initiatives aimed at uplifting the most marginalised sections of society. The company has identified and supported nearly 4,525 families living below the poverty line. SOBHA Hermitage, established with the primary goal of providing shelter and assistance to the elderly, young widows, and their children from the weaker sections of society, has evolved into a nurturing home. Its healthcare facility includes state-of-the-art equipment that is periodically maintained and operated by trained staff. Some of the equipment and infrastructure include patient monitoring systems, cardiac and pulse oximetry machines, centralised oxygen supply, a digital ultrasound scanning system, a laboratory with automatic haematology and biochemistry analysers, and a minor operating theatre, among many others. Initiatives like SOBHA Academy and SOBHA Icon provide top-class educational facilities to students. The academy is a world-class CBSE English Medium School that admits 90 eligible girls from disadvantaged sections each year through an open draw from a list of candidates shortlisted after rigorous research. In the last financial year, the company invested approximately Rs 200 million in CSR initiatives.Emerging Company of the Year – First RankGA InfraThe journey of GA Infra commenced in 1994 in the town of Sirohi under the visionary leadership of Gajendra Agarwal. Established as an infrastructure enterprise in 1994, GA Infra later evolved into a private limited company in 2012. The company’s comprehensive suite of services encompasses detailed engineering, procurement, project management, project execution, commissioning, and operation and maintenance for various ventures. The company has been honoured with prestigious awards such as the EPC World Award and the Global World Water Award.Emerging Company of the Year – First RankBharat Vanijya EasternEstablished in 1973, Bharat Vanijya Eastern (BVEPL) is engaged in the business of civil construction and undertakes construction of roads, bridges, and other civil construction under contract mainly from various government authorities. The company has been enlisted as Class - I (Roads & Building) contractor, awarded by the Public Works Department, Government of West Bengal. BVEPL is also engaged in the execution of civil engineering projects and specialises in the construction of roads, highways and bridges. BVEPL's integration of innovative techniques like FOGG sealing and automated road marking machines underscores their willingness to go beyond traditional methods.Emerging Company of the Year – Second RankKEC InternationalFounded in 1982, KEC International is the flagship company of the RPG Group. The civil business in KEC International is the fastest-growing flagship and has established itself as a premier contractor in the industrial segment, especially the cement and auto sectors. It has also set its footprint in the steel, aluminium, paint, and refinery sectors. With clientele spanning across both public and private sectors, the civil business is driving digital innovation with the construction of data centres, reshaping skylines with high-rise towers, enhancing connectivity through metro projects and ensuring water supply through a vast distribution network across rural areas. In September 2022, KEC’s market capitalisation reached an all-time level of more than Rs 190 billion.

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Infrastructure Energy

Centre Prioritising Energy Security With Coal Gasification

Union minister for Coal and Mines G Kishan Reddy said the Centre is prioritising energy security through a strategic shift to coal gasification and has announced incentives totalling Rs 460 billion (bn) to support the effort. He said more than 35 companies will start coal gasification activities in India within two months and that the government is encouraging firms that bring technology to close the domestic technology gap. The minister described the initiative as aimed at reducing import dependence and developing indigenous capacity. India has the fifth-largest coal reserve in the world, and..

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Infrastructure Urban

BHEL and Coal India Invest Rs 250 bn in Odisha Gasification

Bharat Heavy Electricals (BHEL) and Coal India (CIL) are jointly investing Rs 250 billion in a coal gasification project in Odisha, with the Prime Minister laying the foundation stone in Jharsuguda. Union Coal and Mines Minister G Kishan Reddy described the initiative as a transformative shift in coal utilisation that will open industrial avenues for the state. The project moves coal beyond conventional power generation to industrial feedstocks. Coal gasification will convert coal into synthesis gas, a versatile feedstock for chemicals, fertilisers and synthetic fuels, and the technology is ex..

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Infrastructure Energy

BCCL Hands Over Dugdha Coal Washery To JSW Steel

Bharat Coking Coal has handed over the Dugdha Coal Washery to JSW Steel, marking the first coal washery asset monetisation under the Ministry of Coal's asset monetisation programme. The handover took place in the presence of senior officials from Bharat Coking Coal Ltd, JSW Steel and JSW Energy. The washery has a capacity of two million tonnes per annum (mn t per annum), and its transfer is intended to introduce private sector practices into coal beneficiation operations. The monetisation is aimed at modernising coal sector assets, improving operational efficiency and enhancing resource utilis..

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