Construction Equipment Demand Set To Rise in FY25
Industry stakeholders anticipate strong demand for construction equipment in FY25, buoyed by above-normal monsoon forecasts and the Indian government’s continued focus on infrastructure development. This outlook was shared by Deepak Shetty, President-Designate of ICEMA and CEO & MD of JCB India.Shetty expressed optimism that the Indian Meteorological Department’s prediction of above-average rainfall would directly benefit the rural market—where most construction equipment is deployed. “With the government’s infrastructure thrust, I expect double-digit growth for the sector this y..
BMC May Extend Bid Deadline for Deonar Waste Project
The Brihanmumbai Municipal Corporation (BMC) is likely to extend the submission deadline for its Rs 23.7 billion legacy waste bioremediation tender at the Deonar landfill, following queries raised by prospective bidders. Around 21 companies and consultants attended the pre-bid meeting on May 23 for the large-scale remediation project.Key concerns included the availability of additional land for depositing treated waste, the feasibility of removing 18.5 million tonnes of legacy waste within the proposed three-year period, and the procedures for securing environmental and Coastal Regulation Zone..
Waaree Wins $176 Mn Order for Solar Module Supply in the US
Waaree Energies announced that it had signed a $176 million agreement with a US-based independent power producer to supply 586 MW of solar modules.According to a company statement, the modules will be manufactured at Waaree Solar Americas' facility located in Brookshire, Texas, and are expected to be delivered during the fiscal years 2026–27 across four different projects.Sunil Rathi, President of Waaree Solar Americas, stated that the agreement demonstrated Waaree’s strong commitment to establishing a resilient, robust, and technologically advanced clean energy supply chain in the United ..
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