Technopark Seeks Co-Developer for Second QUAD IT Tower

13 Aug 2025 CW Team

Technopark has invited Expressions of Interest (EoIs) from qualified IT co-developers for constructing and operating the second IT building under its integrated IT micro-township project, ‘QUAD’, at the Technopark Phase IV (Technocity) campus in Pallippuram.

Envisioned as a live-work-play campus, the QUAD project will combine IT innovation, commercial vibrancy, and sustainable design, offering IT professionals access to shopping facilities and residential quarters. The first IT building under the project is currently in the bid evaluation stage. The 30-acre QUAD site is divided into four land parcels.

The proposed second IT tower will span approximately 8 lakh sq ft on around 4.50 acres, to be leased on a long-term basis of up to 90 years. The selected developer will have the opportunity to bring reputed IT/ITeS firms to the premises and partner with Technopark, one of the country’s largest and greenest IT parks. Presently, around 125 companies are awaiting IT space allocation.

Eligible bidders must be private or public limited companies registered under the Companies Act, operating in India for at least five years, with an annual turnover of Rs 350 million in each of the last three financial years. Joint ventures, joint applications, or consortiums will not be accepted.

Applicants must also have successfully completed, in the past seven years, at least one similar project with a minimum built-up area of 4 lakh sq ft, or two IT/commercial/office buildings of at least 3 lakh sq ft each, or three projects of at least 2 lakh sq ft each, including both construction and operations.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..