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Construction & Infrastructure News

XCMG posts soaring first quarter performance

May 2017

Construction machinery manufacturer XCMG reported a 70 per cent jump in quarterly machinery sales in the first quarter of 2017 after selling more tha...

Construction machinery manufacturer XCMG, XCMG Excavator Machinery Business Department, Pavers

Pakistan’s first coal & cement terminal begins operations

May 2017

Pakistan International Bulk Terminal (PIBT), the neighbouring country’s first coal and cement handling facility has started commercial operations at ...

Pakistan International Bulk Terminal, Port Qasim, PIBT, African Finfoot, Clinker-handling terminal, Awan Trading Private Limited

SDLG launches special-edition machines to mark 45 years of journey

May 2017

SDLG has reached an important milestone in its journey from becoming a local equipment manufacturer to a global powerhouse: 45 years of success. To c...

SDLG, Wheel loader, Excavator, Motor grader portfolio, Wang Zhizhong, SDLG

Infrastructure sector sees deals worth $3.49 billion in FY17

April 2017

The infrastructure sector raised a total of $3.49 billion across 33 transactions in FY17 compared with $2.98 billion raised in 31 transactions in FY1...

Infrastructure, Equirus Capital, Power, Roads, Renewables sectors, PE investments, Private Equity

Is GST Bad News for Homebuyers and Renters

April 2017

Monthly instalments on home loans taken for under-construction houses will attract GST from July. So will land leasing and rented properties, includi...

Monthly Instalments, Home loans, GST, Union Territory GST, Compensation Bill, CGST, EMI, VAT, Under-construction projects, MHUPA, Housing for All by 2022, JLL India

Odisha to build 100,000 houses for urban poor by 2022

April 2017

Odisha is planning to build one lakh houses for economically weaker sections (EWS) and lower income groups (LIG) by 2022 under the policy of ‘Housing...

EWS, LIG, Housing, Urban Development, Pushpendra Singhdeo, RERA, G Mathivathanan

The Dravyavati River Rejuvenation Project will help prevent flooding

April 2017

A first-of-its-kind river rejuvenation project, Dravyavati River, also known as Amanishah Nallah – a vital natural asset of Jaipur – finds mention in...

Dravyavati River Rejuvenation Project, construction, Amanishah Nallah, Tata Projects, Social, Commercial infrastructure, Vinayak K Deshpande, Rejuvenation

ABB India restores crucial power infrastructure in record time for Karnataka, wins smart technology award

April 2017

ABB’s Symphony Plus system ensures 24/7 reliable power to the backbone of India’s Silicon Valley and 18 million customers across the state....

ABB Symphony Plus system, ISGF, Sharavathi Hydropower Plant, IIoT, Smart power infrastructure, Digitalisation, KPCL, Symphony Plus, Capex
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