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1.KEC International wins new orders of Rs 1,047 crore.

T&D business and SAE Towers have secured orders of Rs 669 crore for T&D projects in India, SAARC, Middle East and the Americas.


2.Will current players manage growth? Will past issues come back to haunt these players?

India’s road sector has seen its share of twists and turns over the past decade.


3.Will current players manage growth? Will past issues come back to haunt these players?

India’s road sector has seen its share of twists and turns over the past decade.


4.NHAI identifies projects worth Rs 8 trillion to be awarded in the next three years

The National Highways Authority of India (NHAI) has reportedly, mapped out a pipeline of projects that will be awarded in the span of the coming three years.


5.Worley and AVEVA to deliver first cloud-based software for EPC market

AVEVA made an announcement that Worley had selected AVEVA’s Enterprise Resource Management solution as its preferred materials management platform. The partnership combines Worley’s Engineering, Procurement and Construction (EPC) knowledge with AVEVA’s industrial software expertise to deliver the first cloud-based Enterprise Resource Management solution optimized for the EPC market


6.Niti Aayog’s Model Agreement for EPC Projects

The new agreement for EPC works is now available on Niti Aayog’s website.


7.Execution to remain strong while awards likely to remain subdued in 2019

According to rating firm ICRA outlook for the road sector, while the engineering, procurement and construction (EPC) project executions may witness a temporary slowdown during the general elections; the build-operate-transfer (BOT) and hybrid annuity model (HAM) projects executions are expected to continue unabated.


8.Essar Projects to offer more services

Media reports indicate that the Ruias controlled Essar Projects wants to diversify its operation beyond the basic engineering, procurement and construction (EPC) services it offers to clients. As part of this strategy, the company acquires a small stake in the projects that it executes for its global client


9.Govt to adopt EPC mode for unviable national highways

The Union Ministry of Road Transport and Highways has decided to adopt the Engineering Procurement and Construction (EPC) mode for National Highways which are not viable on PPP basis. The 12th Five Year Plan envisages construction of 20,000 km of 2-lane National Highways projects through EPC mode.


10.Govt takes steps to accelerate award of road projects

The central government is reportedly taking steps to accelerate award of road projects under public private partnership (PPP) model. As part of this move, the union finance ministry plans to streamline the approval process for road projects, in line with the suggestion of the ministry of road transport and highways


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