Construction World - Indian Edition | April 2007 Issue

News & Events

Prof. Mahesh Tandon honoured
Prof. Mahesh Tandon was presented the Archi-design Hindware Award for the Structural Engineer of the Year 2006 by the Foundation for Architecture & Environmental Awareness. At the FIB Congress at Naples, Italy, he was invited to present a keynote paper on 'Elevated Viaducts of Delhi Metro' and the project was nominated for the 'Outstanding Structures Award' in recognition of its positive influence and reputation, as well as promotion of concrete structures.

Workshop on project financing at IIT, Kanpur
A 'National Workshop on Project Financing for Energy and Infrastructure Sector' is being organised from April 19 to 22 at IIT Kanpur. While the Power Finance Corporation is sponsoring the workshop, the Coordinator is Dr Anoop Singh, Department of Industrial & Management Engineering, IIT, Kanpur.
Among the resource persons will be Mohit Batra, SGM & Country Head - Project Finance, ICICI Bank, Prof. G Raghuram, IIM Ahmedabad, Rajat Misra, VP, Project Advisory, SBI Capital Markets, Amit Kapur, J Sagar & Associates, Shyam Wadhera, Director (Projects), PFC, MK Sinha, and Dan Millison, Asian Development Bank.
Dr Kirit S Parikh, Member, Planning Commission, is expected to deliver the inaugural address and Dr VK Garg, CMD, PFC, the keynote address.
For details, contact

SREI schemes net Rs 400-cr business in a day
SREI Infrastructure Finance Ltd raked in business worth Rs 400 crore on a single day - at the 'Paison ki Nilami' and other schemes at Pragati Maidan in New Delhi. Over 700 customers were attracted to the 'Paison ki Nilami' reverse auction, which allowed them to hammer down coupon rates on loans sought for infrastructure equipment purchases. SREI also conducted its other schemes like SREI Lotto, where luck played a part in the freezing of the interest rates, and SREI Money Bag, a passbook scheme with pre-determined credit limits to customers. Its advantage is that tranches of loan can be drawn as per the customer's requirement.
They attracted over 1,500 customers across the country including over 900 registered bidders resulting in a total business of Rs 400 crore, with the equipment pool being over 1,000 units. 'Paison ki Nilami' accounted for as many as 860 of them.

Seminar on concrete for changing environment
ICI, Goa Local Centre, and ICI, Pune Local Centre jointly conducted an international seminar on 'Concrete for Changing Environment' and an exhibition of 'Construction Equipment and Materials' at Kala Academy, Panaji, Goa.
The seminar was inaugurated by KP Nambiyar, Principal Chief Engineer, PWD, Goa. Krishna Srivastava, Director, Zuary Cement, who was the chief guest, inaugurated the exhibition. The 'Technical Volume,' compiled by MS Shetty as Chairman of the Technical Committee, and a souvenir published by Dr SN Deshpande and Prof. VR Phadke were also released at the function.
A technical visit was arranged to Aldona Bridge, the first cable-stayed bridge in Goa and Poira Bridge, India's first horizontal opening superstructure bridge.

51 students honoured with Pidilite awards
Nitin Killawala, President, Institute of Indian Interior Designers, was the chief guest at the glittering Pidilite Award for Excellence, which recognises excellence among students of architecture and interior design. As many as 51 students from 28 leading colleges in central and western India were honoured with cash prizees, a trophy and a special certificate. Also present on the occasion were Sanjay Bahadur, CEO, Construction Chemicals and Paints Division, Pidilite, and Manab Ghosh, Senior Vice President, Fevicol Division, Pidilite. After great success in Mumbai, Delhi, Bangalore and Ahmedabad, this year, Pidilite is taking the awards to Kolkata, Chandigarh and Chennai.

Seminars on aluminium composite panels
With the boom in construction, a whole lot of industry professionals hitherto not used to aluminium composite panels (ACPs) have become avid users of the material. Alongside, there is also a demand for information on using the material. To meet this need, Alupan Composite Panels Pvt Ltd, New Delhi, will organise a series of seminars in New Delhi, Mumbai, Chennai, Bangalore and Hyderabad in April and May. Targeted at architects, interior decorators, engineers, builders, fabricators, etc, these will be conducted by experts from Becker (Sweden), DuPont (USA), and Arkema (USA). The workshops will include an overview of ACP basics, grade, selection, sustainability, finishes, fabrication methods, etc for interior and exterior applications. Those interested in registering for the event can e-mail to

Carbon credit for tiny 'FaL-G' brick units
The Visakhapatnam-based Institute for Solid Waste Research and Ecological Balance (INSWAREB) is signing an agreement with the World Bank on sharing carbon credit. The purchase from the fly ash, lime, gypsum (FaL-G) brick and block industry will result in earnings amounting to $ 4 million, which will go to micro-units run by small entrepreneurs - INSWAREB will bundle over 300 FaL-G plants and transfer the credits to the World Bank. The institute, which holds a patent on FaL-G technology, has been disseminating the technology to the tiny sector without royalties.
FaL-G bricks replace clay bricks, conserving the precious topsoil. By not using thermal energy, each million FaL-G bricks conserve the equivalent of over 200 ton of coal. In view of its sustainable development indicators, the World Bank agreed to take up FaL-G as a Clean Development Mechanism project under the Kyoto Protocol.

Properties from 15 countries at ARES 2007 in Delhi
Properties from over 15 countries will be on display during the first Asian Real Estate Show 2007 (ARES 2007), to be held at Pragati Maidan, New Delhi from April 13 to 15. The event, mainly aimed at offering international properties to Indians and attracting investment in India's booming real estate industry, will be a combination of exhibition, education, and entertainment. More than 15 UAE-based property developers will participate in ARES 2007, an ideal platform to all participants to showcase and market their properties and services.
"The Indian real estate market has emerged as one of the most attractive investment options. It will grow to $ 60 billion by 2010 and to $ 90 billion by 2015," said Satish Khanna, GM, Al Fajer Information & Services, the organisers. In mature markets, developers can at best hope for 5-7 per cent return, but in India, real estate investment yields are in the range of 20 per cent.

Mahendra Doshi joins Thomas Cook Board as Non-Executive Director.
Birender Ahluwalia appointed GoAir's new Chief Commercial Officer.
UC Misra is Chairman, Bhakra Beas Management Board.
Manish Modi elected VP, Western India Council, Indo-American Chamber of Commerce.
Balasore Alloys appoints Debadatta Sengupta as Director.
Delhi airport's international cargo terminal gets ISO 9001:2000 certification.
Centre nominates BL Bagra as Nalco Director (Finance).
XL Telecom appoints NC Singhal as Additional Director.
IFCI board okays appointment of Atul Kumar Rai as Director.
SpiceJet names Kamal Hingorani as VP, Marketing and Planning.
Cairn India appoints Indrajit Banerjee as CFO, David Ginger as Director, Ian Van as Adviser.
Soiles Bhattacharya is SAIL's new Director (Finance).
Orissa cabinet clears comprehensive policy to streamline transport sector.
PM presents award for excellence to Mishra Dhatu Nigam Ltd.
Asian PPG Industries gains part of ICI India's auto refinish business.
RST Sai takes over as CMD, Tehri Hydro Development Corporation.
Rahul Kirloskar elected as Chairman of Maharashtra CII chapter
Great Offshore Ltd board reappoints Vijay K Sheth as MD.


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