Newsmakers
ECONOMY & POLICY

Newsmakers

AI Tracker 


Maheshwar Rao, Managing Director, Bangalore Metro Rail Corporation (BMRCL), heads the organisation which is the first in India to use artificial intelligence (AI) to monitor tracks. The train’s AI technology will assess the condition of the track and if any anomalies are detected, it triggers alerts through AI software to the operation control centres (OCC) via the train control and management system (TCMS) making it safer. Initially, the AI system will be deployed on the Yellow Line but BMRCL plans to have the same feature on other upcoming lines that will have driverless trains. The technology is expected to be fully operational by September 2024. The AI system, fitted on the pilot train, has personnel from various teams such as rolling stock, traction, signalling and track maintenance on board. This train, compared to regular services, runs at a reduced speed to thoroughly examine all obstacles and potential issues along the route. The Yellow Line of Namma Metro, which began in 2017, has 16 elevated stations and covers a distance of 18.8 km.

Green Visionary

Abhyuday Jindal, MD, Jindal Stainless Steel (JSL) is at the helm of affairs in the company which inaugurated India’s first Green Hydrogen stainless steel plant. The Green Hydrogen plant in Hisar, Haryana, which will pave the way for sustainable steel production, was commissioned by JSL in a 25-year contract with Hygenco Green Energies. The facility is controlled by an advanced energy management and control system and Hygenco is operating the plant under the build-own-operate (BOO) model. This project will also be the world’s first green hydrogen plant with rooftop and floating solar equipment which aims to reduce carbon emissions by 54,000 tonnes over the next two decades. The alkaline bipolar electrolyser, which has a capacity of 350 Nm3/hr, guarantees an average 90Nm3/hr round-the-clock supply of Green Hydrogen using dedicated solar energy and storage.  
 
Mass Magic(Rete)

Sourabh Bansal, co-founder and Managing Director, Magicrete, heads the company which successfully completed India’s first mass housing project in Ranchi using the 3-D modular precast construction system. This project, which was completed within 18 months includes 1008 dwelling units and demonstrates cost parity with traditional construction methods while significantly reducing construction time by up to 40 per cent. This not only makes housing more accessible but also showcases the potential of precast concrete technology to revolutionise the construction industry in India. In terms of materials, the project used Portland Slag Cement with a high percentage of Ground Granulated Blast Furnace Slag (GGBFS), reducing the carbon footprint by about 60 per cent. Additionally, M-sand replaced traditional river sand in concrete production, contributing to sustainability efforts. 

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

AI Tracker Maheshwar Rao, Managing Director, Bangalore Metro Rail Corporation (BMRCL), heads the organisation which is the first in India to use artificial intelligence (AI) to monitor tracks. The train’s AI technology will assess the condition of the track and if any anomalies are detected, it triggers alerts through AI software to the operation control centres (OCC) via the train control and management system (TCMS) making it safer. Initially, the AI system will be deployed on the Yellow Line but BMRCL plans to have the same feature on other upcoming lines that will have driverless trains. The technology is expected to be fully operational by September 2024. The AI system, fitted on the pilot train, has personnel from various teams such as rolling stock, traction, signalling and track maintenance on board. This train, compared to regular services, runs at a reduced speed to thoroughly examine all obstacles and potential issues along the route. The Yellow Line of Namma Metro, which began in 2017, has 16 elevated stations and covers a distance of 18.8 km.Green VisionaryAbhyuday Jindal, MD, Jindal Stainless Steel (JSL) is at the helm of affairs in the company which inaugurated India’s first Green Hydrogen stainless steel plant. The Green Hydrogen plant in Hisar, Haryana, which will pave the way for sustainable steel production, was commissioned by JSL in a 25-year contract with Hygenco Green Energies. The facility is controlled by an advanced energy management and control system and Hygenco is operating the plant under the build-own-operate (BOO) model. This project will also be the world’s first green hydrogen plant with rooftop and floating solar equipment which aims to reduce carbon emissions by 54,000 tonnes over the next two decades. The alkaline bipolar electrolyser, which has a capacity of 350 Nm3/hr, guarantees an average 90Nm3/hr round-the-clock supply of Green Hydrogen using dedicated solar energy and storage.   Mass Magic(Rete)Sourabh Bansal, co-founder and Managing Director, Magicrete, heads the company which successfully completed India’s first mass housing project in Ranchi using the 3-D modular precast construction system. This project, which was completed within 18 months includes 1008 dwelling units and demonstrates cost parity with traditional construction methods while significantly reducing construction time by up to 40 per cent. This not only makes housing more accessible but also showcases the potential of precast concrete technology to revolutionise the construction industry in India. In terms of materials, the project used Portland Slag Cement with a high percentage of Ground Granulated Blast Furnace Slag (GGBFS), reducing the carbon footprint by about 60 per cent. Additionally, M-sand replaced traditional river sand in concrete production, contributing to sustainability efforts. 

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement