Construction Entities Revenue to Be Around 8-10% In FY25
ECONOMY & POLICY

Construction Entities Revenue to Be Around 8-10% In FY25

The revenue of Indian construction companies is expected to rise by 8-10 per cent in FY2025, down from 15-18 per cent in FY2024, according to ICRA. Factors such as the extended monsoon season, milestone-based billing in Q2 FY2025, and the Model Code of Conduct in Q1 FY2025 have hindered c...

The revenue of Indian construction companies is expected to rise by 8-10 per cent in FY2025, down from 15-18 per cent in FY2024, according to ICRA. Factors such as the extended monsoon season, milestone-based billing in Q2 FY2025, and the Model Code of Conduct in Q1 FY2025 have hindered construction activity. ICRA anticipates an acceleration in execution pace during H2 FY2025, with operational income projected to increase by 8-10 per cent in FY2025 and 10-12 per cent in FY2026. However, new order inflows were modest in H1 FY2025, and despite a pick-up in Q2 FY2025, they are likely to fall short of FY2024 levels.

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Infrastructure Energy

NTPC Plans Coal Gas Push And Expands Nuclear Pipeline

State-owned power producer NTPC Ltd is preparing to enter the coal gasification segment, targeting annual output of at least 5–10 million tonnes within the next three to four years, according to a senior company official. The cost of producing synthetic gas is projected at roughly USD 10–12 per million British thermal units. NTPC expects the pricing of its gas to remain competitive with the delivered cost of liquefied natural gas and anticipates no difficulty in securing buyers. The output will either be supplied to the domestic market or used in the company’s own facilities, with NTPC ..

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Infrastructure Energy

SECL Launches Coal India’s First Paste Filling Project

South Eastern Coalfields Limited (SECL) has marked a major step towards safer and more sustainable underground mining with the groundbreaking of Coal India’s first Paste Filling Technology project at the Singhali Underground Mine in the DSB Sub-Area of the Korba Area. The initiative, guided by SECL Chairman-cum-Managing Director Shri Harish Duhan, represents a pioneering move towards environmentally responsible underground mining. The Bhoomi Pujan (groundbreaking ceremony) was carried out with enthusiasm in the presence of senior SECL officials and employees. Shri Ramesh Chandra Mohapatra,..

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Infrastructure Transport

Odisha Plans New Rail Corridors To Boost Logistics

Odisha is strengthening its logistics network as part of its port-led industrialisation strategy and is considering new railway corridors under the public–private partnership model to drive economic growth across the hinterland. Official sources said a new rail corridor has been proposed for the Talcher coalfields at an estimated cost of Rs 48.82 billion, along with the Gopalpur–Rayagada–Jeypore economic corridor, which will include both road and rail connectivity. Additional port-linked rail corridors are also being planned in various regions. A recent high-level meeting chaired by Ch..

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