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Construction & Infrastructure News

Schindler India’s manufacturing facility awarded IGBC ‘Platinum’

October 2017

Schindler India has been awarded with the ‘Platinum’ certification for its manufacturing facility at Chakan in Pune by the Indian Green Building Coun...

Schindler India, IGBC, Uday Kulkarni, Make in India, Schindler, TPU, R&D centre, Elevator, Platinum

Prasanna Desai wins JK Cement’s Architect of the Year Awards 2017

September 2017

After the much-celebrated success of its silver jubilee edition, JK Cement hosted the 26th edition of the Architect of the Year Awards (AYA) in Coimb...

JK Cement, AYA, Dr K Radhakrishnan, Indian Space Research Organisation, Shirish Beri, Architect Uday, Architect Mausami Andhare, Yadupati Singhania, JK Cement

OPERATION IN(FRA)SOLVENCY

September 2017

With over Rs11 lakh crore debt, project investments worth Rs.32.7 lakh crore and cost overrun of Rs14.35 lakh crore is at stake, the current Insolven...

Investments, Insolvency, Bankruptcy Code 2016, NPA, ICRA, Ajit Gulabchand, NITI Aayog, Ashwini Mehra, State Bank of India, Infrastructure, IDFC, CMIE, MOSPI, NHAI, Hari Sankaran

Schindler to invest Rs 170 crore in expanding manufacturing facilities

August 2017

Schindler India is gearing up to expand its manufacturing set up and improve its Chakan-based R&D facilities with an investment of Rs 170 crore. It p...

Schindler India, Chakan-based R&D, Make in India, Uday Kulkarni, R&D centre, Elevator

SHAKTI policy positive for the power sector; lack of new PPAs and low demand growth prove a challenge

August 2017

The implementation of the new coal allocation policy, namely SHAKTI, is expected to positively benefit the coal-based power generation capacity by ab...

SHAKTI, FSA, IPP segment, Girishkumar Kadam, Coal India, ICRA, Discoms, UDAY MoU

Kirloskar Oil Engines to acquire La Gajjar Machineries

July 2017

Kirloskar Oil Engines (KOEL) has executed a definitive agreement, on June 21, 2017, to acquire 76 per cent stake in La-Gajjar Machineries (LGM) at a ...

Kirloskar Oil Engines, EBITDA, LGM, Nihal Kulkarni, T Vinod Kumar, Udayan Gajjar, LGM Group, Antony Cherukara

India Power and Distribution Transformer Market to reach $2.9 billion by 2022 – 6Wresearch

April 2017

Economic development and need for reliable power supply due to population growth have accelerated the demand for power in India. Further, growth in i...

Economic development, Industrialisation, Infrastructure, DDUGJY, Ravi Bhandari, IPDS, 6Wresearch, UDAY, Kanika Sharma, CRGO sheets, Crompton Greaves, BHEL, ABB, Siemens, Transformers & Rectifiers

Renewable capacity addition catches up with thermal power in India

April 2017

Energy transformation has arrived in India. According to the Ministry of New and Renewable Energy (MNRE), India’s total renewable capacity including ...

Energy transformation, MNRE, UDAY scheme, GBI, Solar capacity
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