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HAM has done wonders to the road sector
A look at the transformative shift from traditional EPC contracts to more dynamic frameworks such as Build-Operate-Transfer (BOT) and Hybrid Annuity Models (HAM).
KEC bags new orders worth Rs 1,422 crore
The order is for transmission and distribution (T&D) projects in India and Americas:
MYCRANE appoints Ashishkumar Tiwari as new sales director
Tiwari joins digital platform with 20 years’ experience
MYCRANE makes strides in critical Indian market
MYCRANE, the world’s first global platform for online crane rental, has seen a surge in new client registrations and project enquiries in the booming Indian market.
Business booming in India as MYCRANE platform makes strides in critical market
Lifting equipment sourced via MYCRANE deployed on pan-India basis
Changing the future of construction
In construction, machine learning can help project engineers, supervisors, and everyone else involved in a project
Trimble and Mincon offer Trimble-ready drilling solution
Mincon Drill Mast Attachments for skid steers and excavators can now be equipped from the factory with Trimble’s Groundworks Machine Control System.
More EPC companies join MYCRANE
Three more global engineering, procurement and construction (EPC) companies have registered at the MYCRANE platform, following successful meetings at the recent bauma CONEXPO event in India.
More EPC companies join MYCRANE
Larsen & Toubro (L&T), Tata Projects and IRB Infrastructure have all completed the customer registration process
L&T awarded contracts for buildings and factories biz
The construction arm of Larsen & Toubro has secured an order from the Bangladesh Hi-Tech Park Authority to construct Hi-Tech IT Parks at eight locations (two packages at four locations each) across Bangladesh.
NHAI plans to award Rs 2.25 lakh cr projects during FY21
National Highways Authority of India (NHAI) plans to award Rs 2.25 lakh crore worth of projects spanning around 5,000 km in the fiscal year 2021.
Impressively Wide, Incredibly Accurate
The Delhi-Mumbai Expressway is one of the most prestigious expressway projects in India in current time. The highway will start near Gurugram at Sohna and will end at JNPT, near Mumbai. With a total length of 1,353 km, the expressway is divided into 49 packages (31 packages in Delhi-Vadodara section, 13 packages in Vadodara-Mumbai section and five packages in Mumbai-JNPT section).
Revenue of road EPC contractors to de-grow 8-10%
Revenue of road-building engineering, procurement and construction (EPC) companies is expected to de-grow 8-10 per cent this fiscal with the COVID-19 pandemic-driven lockdowns severely curtailing activity, a CRISIL report says
Revenue of road EPC companies to de-grow 8-10% this fiscal: CRISIL
Revenue of road-building EPC companies is expected to de-grow 8-10 per cent this fiscal with the COVID-19 pandemic-driven lockdowns severely curtailing activity
Supporting Limestone Production
Terex MPS plant aids limestone production for JSW Cement in the Middle East.
HAM expands network
CRISIL Research?s analysis of road projects under the National Highways Authority of India (NHAI) reveals HAM has expanded its network since its launch in February 2016. Over fiscals 2017 to 2019, HAM projects accounted for a quarter of the executed road projects and 45-50 per cent of the projects awarded.
Revenue growth to halve for EPC road cos through FY21: CRISIL
Road developers in the engineering, procurement and construction (EPC) segment could see revenue growth halve in fiscals 2020 and 2021 to ~15 per cent, compared with 30 per cent in fiscal 2019, a CRISIL study of 75 companies it rates in this sector indicates.
Honeywell releases newest PLC
Honeywell Process Solutions (HPS) announced the newest release of its ControlEdge? Programmable Logic Controller (PLC). This release, combined with Honeywell?s Experion? distributed control system (DCS), provides a significant reduction in integration efforts and project costs as well as increased security and availability through enhanced cyber security for industrial facilities.
Equipment India awards & ceo forum 2017
It was 6.15 p.m. with 15 minutes more to go for the mega event of the infrastructure equipment industry. Meanwhile, the Viceroy Hall at the heritage Claridges Hotel located in New Delhi's famed Lutyen's Zone was already filled to capacity.
Trimble Technology Improves Productivity
Gayatri Projects Ltd is the flagship company of Gayatri Group that has interests in infrastructure, power, hospitality, real estate and industry.
We need a mechanism to streamline on ground execution of projects
Owing to the recent focused and bold reforms by the Government, Indian infrastructure industry is gaining momentum and as a result, we are witnessing a slight upsurge in the demand of construction equipment.
The Road Ahead
The need for better infrastructure is pressing with India?s rapid urbanisation and burgeoning middle class. Some 590 million people will live in cities by 2030, and could account for 70 per cent of Indian GDP, according to a McKinsey report.
8,500 km by March 2015: How Realistic is the Target?
The Union Finance Minister has set a target of 8,500 km of roads to be completed during the current fiscal year, which simply means construction of about 35.5 km of road per day! In the last couple of years,
Road 2 recovery
Despite the present day gloom in the market, the future for the construction equipment sector, especially for the road equipment segment in India, still holds much potential as this sector has a profound and immediate impact on the country?s economic growth. Off-Highway Research is optimistic about the growth in demand for road equipment and forecasts growth at a CAGR of 12.67 per cent over the next five years. Agith G Antony finds out more about the positive vibes in the industry.
The growth of road equipment segment will be about 15 per cent by 2017
Last year, we took an aggressive approach with the launching of new products in spite of the recession. The objective was to be prepared and match customer expectations and take a chunk of market share when the economy turns around, says R Nandagopal, Chief Executive Officer, Construction Equipment Business, Greaves Cotton. Excerpts of the interview.