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Construction & Infrastructure News

ReNew Power plans to raise $450 million through bonds sale

January 2017

ReNew Power Ventures has launched a sale of bonds to overseas investors to raise $450 million. This will be a uniquely structured deal, where dollar-...

ReNew Power Ventures, Special Purpose Vehicle, Neerg Energy, ReNew group, Fitch Ratings

Shriram Automall inaugurates new facility in Saharanpur

January 2017

Shriram Automall India (SAMIL) inaugurated its 64th automall facility in Saharanpur. This is the 19th facility in the North Zone and is in line with ...

Shriram Automall India, Used vehicles, Transporters, Contractors, Dealerships, Manufacturers

Chicago Pneumatic Construction Equipment introduces newest RX breaker line

January 2017

Chicago Pneumatic Construction Equipment (CP), Independence, Ohio, has launched the RX12, the newest RX line of rig mounted, medium hydraulic breaker...

Chicago Pneumatic, Hydraulic breaker, Construction

2016 fuel sales growth highest in 16 years

January 2017

The country’s fuel demand in 2016 grew at its highest pace in at least 16 years as low oil prices for most of the year boosted demand for gasoline an...

PPAC, Consumption of fuels, Oil Ministry showed, Voters criss-crossing Vast distances, Boosting gasoline, Diesel-fired generator sets, Vehicles

Government to fund up to 60percent R and D cost for e-vehicles

January 2017

The government has decided to fund up to 60 per cent of the R&D cost for developing indigenous low-cost electric technology that will help power two-...

R and D, Electric mobility, Power two, Three-wheelers, Commercial vehicles, Make in India, Hybrid, Electric vehicle

REITs, InvITs may help to raise Rs 50,000 crore

January 2017

Real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) can help raise close to Rs 50,000 crore in the near-term, given c...

Real Estate Investment Trusts, InvITs, NBFC, ASSOCHAM, CRISIL, Vehicles, Real estate Infrastructure

GRI to set up new tyre factory in Sri Lanka

January 2017

GRI to set up new tyre factory in Sri Lanka Global Rubber Industries (GRI) has laid the foundation for the construction of its latest specialised tyr...

OTR tyre, GRI, Materials handling, Industrial, Agricultural, Off-road, Construction vehicles

IOCL, Eicher jointly introduce driver training initiative

January 2017

In an industry-first initiative, designed for driver empowerment and welfare, Indian Oil Corporation (IOCL) and Eicher Trucks and Buses (a division o...

Commercial vehicles, Training, VE Commercial Vehicles, IOCL
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