Transforming Real Estate with Digital Enablement
Real Estate

Transforming Real Estate with Digital Enablement

The need to create a safe and healthy workplace environment has never been greater than today. Workplace transformation has always been top of the agenda for corporate real-estate leaders. It...

The need to create a safe and healthy workplace environment has never been greater than today. Workplace transformation has always been top of the agenda for corporate real-estate leaders. It has been further accelerated owing to the pandemic, and factors such as cost pressures and the need to have business continuity plans. According to an independent report, the global FM market size is projected to reach $ 1,759.25 billion by 2028, exhibiting a CAGR of 5 per cent during the forecast period. India is one of the major contributors to this with a forecasted value of $ 400 billion by 2025 at a CAGR of 20 per cent How has Covid-19 impacted the demand for facility management services? How is the market for FM services expected to grow in the future? What are the key market trends and technology trends in the FM services market? In these Covid times, how are these technologies being used to ensure the wellbeing of the occupants? How is the future of sustainability and green FM services expected to pan out in the near future? Find out about these and more in our Feature story on facility management. Contributors to this story include: Pradeep Lala, MD and CEO, Embassy Services (ESPL) Sandeep Sethi, Managing Director, Corporate Solutions, West Asia, JLL Sathish Rajendren, Chief Operating Officer, Facilities and Asset Management Services, Knight Frank India Rupal Sinha, CEO, Quess Integrated Facility Management Services Mahender Singh R, Director, IFMA, INDIA & South East Asia Ashutosh Jha, Managing Director, Orion Security Solutions Click here to read the story.

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Infrastructure Energy

GAIL to Set Up Bengaluru CBG Plant Under New Concession Pact

GAIL (India) Limited has signed a 20-year concession agreement with the Bengaluru City Municipal Corporation (BBMP) to set up a compressed biogas (CBG) plant in the city. The project, expected to produce around 10 tonnes of CBG daily, will utilise municipal solid waste as feedstock, contributing to clean energy generation and efficient waste management. The CBG produced will be used in GAIL’s City Gas Distribution network to promote cleaner fuel usage. The initiative aligns with the government’s Sustainable Alternative Towards Affordable Transportation (SATAT) scheme and GAIL’s broader ..

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Infrastructure Energy

Uttarakhand HC Lifts 31-Year Ban on ONGC’s Contractual Hiring

The Uttarakhand High Court has lifted a 31-year-old ban on the Oil and Natural Gas Corporation (ONGC) from hiring contractual workers, a restriction imposed in 1993. The decision enables ONGC’s Dehradun establishment to employ personnel on a contractual basis to meet operational requirements. The long-standing prohibition had limited ONGC’s ability to fill vacancies in its technical and administrative departments, often leading to project delays and higher dependence on outsourcing. With the court’s directive, the public sector enterprise can now proceed with temporary recruitments whil..

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Infrastructure Energy

JSW Energy’s Utkal Unit Bags 400 MW, 25-Year Power Supply Deal

JSW Energy Limited announced that its subsidiary, JSW Energy (Utkal) Limited, has secured a Letter of Award (LoA) from Karnataka’s Power Company of Karnataka Limited (PCKL) for the supply of 400 MW of electricity for 25 years. The agreement is part of a competitive bidding process for long-term procurement of power to meet the state’s growing energy demand. The 400 MW capacity will be supplied from JSW Energy’s upcoming thermal power project in Odisha. This development strengthens JSW Energy’s presence in the southern market and aligns with its strategy to enhance long-term contracte..

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