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NHAI grants 6,003 km of highway projects in FY23

The infrastructure project awarding activity picked up and gathered pace in Q4 of FY23 with NHAI awarding a total of 6003 km of projects in FY23 significantly below its FY23 target of 6500 km as stated in a report by Motilal Oswal Financial Services.

L&T sets world record in tunnel boring

Larsen & Toubro, an Indian multinational engaged in EPC projects, hi-tech manufacturing and services, announced that their 12.19 m dia Slurry TBM (tunnel boring machine), named ‘Mavala’, had achieved a world record for monthly lengths by excavating 456.72 m at the prestigious Mumbai coastal road project, Package 4

L&T commissions green hydrogen plant at Hazira

The first phase of the project has been installed, tested, and commissioned.

L&T sets a world record in tunnel boring for Mumbai coastal road project

TBM ‘Mavala’ completes 456.72 m in a single month

L&T named second strongest global engineering and construction brand

Larsen & Toubro (L&T), an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services, has been named as the ‘Second Strongest Brand’ among the top 50 Global Engineering and Construction (E&C) companies – by Brand Finance, the world’s leading brand valuation consultancy.

L&T named second strongest global engineering and construction brand

L&T achieved a significant improvement in its brand strength, with its Brand Strength Index (BSI) increasing by 7.1 points, to 83.9 out of 100, with a corresponding rating of AAA.

L&T awarded contract for water & effluent treatment biz

The scope includes Design, Build, Operation and Maintenance of 360 MLD sewage treatment plant with a provision to generate in-house power.

L&T wins mega overseas contracts

A consortium led by L&T Hydrocarbon Engineering (LTHE) has secured two offshore packages from a prestigious overseas client.

L&T and Kemroc ink pact to distribute cutting-edge products in India

Larsen & Toubro, the leading Indian multinational engaged in EPC projects, hi-tech manufacturing and services, and Kemroc, a global manufacturer of attachments for excavators and backhoe loaders, have entered into a distribution agreement that will facilitate Kemroc products to be distributed and promoted in the Indian market by L&T.

L&T Construction & Mining Machinery’s 75 years marked by stamp release

The corporate stamp was unveiled by Sharada Sampath, Chief-Postmaster-General, Karnataka Circle in the presence of SN Subrahmanyan, CEO & MD, Larsen & Toubro, Arvind K. Garg, Executive Vice-President, Construction & Mining Machinery Business, L&T and LK Dash, Postmaster-General, Bangalore HQ.

L&T and Kemroc ink pact to distribute cutting-edge products in India

The agreement to this effect was signed by Vivek Hajela, Vice-President and Head-CEB, L&T and Klaus Ertmar, Managing Director, Kemroc recently in Bengaluru in the presence of Arvind K. Garg, Executive Vice-President & Head, L&T Construction & Mining Machinery.

L&T and Kemroc ink pact to distribute cutting-edge products in India

The agreement covers Kemroc-developed special attachments including its patented EK series of chain cutters.

L&T, Gulf Oil jointly launch genuine oils for CE

Construction and Mining Machinery Business of Larsen & Toubro Limited (L&T-CMB) and Gulf Oil Lubricants India have collaborated to launch a range of genuine oils to cater to the distinct and technologically progressive needs of the Construction Equipment sector.

L&T and ReNew announce partnership to focus on green hydrogen business in India

Under this agreement, L&T and ReNew will jointly develop, own, execute and operate green hydrogen projects in India.

L&T, Gulf Oil jointly launch genuine oils for CE

Strategic partnership will address the evolving needs of the CE sector

L&T concludes the divestment of 99 MW Hydro Power Plant with Renew Power

L&T concluded the divestment of its 100% stake in the 3 x 33 MW (99 MW) hydroelectric power plant at Singoli-Bhatwari in Uttarakhand

L&T bags order for Titanium Clad Oxidation Reactor from Technip Energies

The company develops indigenous technology for the critical equipment

L&T signs agreement to divest Singoli-Bhatwari hydroelectric project

Larsen & Toubro, announced the divestment of 100 per cent stake in the 3 x 33 MW (99 MW) run of the river hydroelectric power plant owned by its subsidiary L&T Uttaranchal Hydropower (LTUHPL) to Renew Power Services, a wholly owned subsidiary of Renew Power. This is in line with the declared L&T focus of divesting non-core assets and improving shareholder value.

L&T completes 75 years of CMB biz

Larsen & Toubro, an Indian multinational engaged in EPC projects, hi-tech manufacturing and services, has completed platinum jubilee of one of its oldest businesses, construction and mining machinery business (CMB).

L&T’s construction and mining machinery business turns 75

The company is has achieved a lot over the years and is now one of the market leaders in the segment

L&T bags multiple contracts

The construction arm of L&T has secured orders from prestigious clients for its various businesses.

L&T completes 75 years of Construction & Mining Machinery business

Pioneered industry by focusing on innovation, best-in-class service; marks supply of 60,000 cutting-edge machines in India.

Improving efficiency

Batch mix plant is the most widespread type of asphalt plant in the world, which guarantees the highest level of flexibility in production and quality of the finished product.

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

The Road Ahead

In spite of the government's policy shift towards building four- and six-lane National Highways as concrete roads, plans to construct more rural roads and coastal roads will drive the demand for asphalt plants in the future. EQUIPMENT INDIA explores the road ahead for asphalt plants.

NCC targets fresh orders

The Hyderabad-based construction company NCC Limited is aiming at new orders worth of Rs 12,000 crore in the current year as it plans to ramp up the order-to-bill ratio from the present 2:1 level.

RAP Essential in Asphalt Plants

Asphalt mix production has had a long and rapid journey of redefinitions over the past decade, to allow the incorporation of RAP recycling. This procedure is now gaining acceptance in Indian markets.

Rental Solutions

Knowledge and skill upgradation is very important in the rental segment. The equipment rental business in India is yet to evolve from its nascent stage. Though the mode and pace of business has gone through a severe sluggish phase

We expect EPC model dominating at least in the short term

The numbers published by ICEMA clearly shows that there is a slight uptake on the larger equipment like excavators and wheel loaders. The smaller equipment like mini excavators, backhoe loaders etc have still to pick up the trend.

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.

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.

We are expanding our manufacturing base in India

All machines from Wirtgen Group are designed to ensure more productivity and less fuel consumption, says Ramesh Palagiri, Managing Director & CEO, Wirtgen India.

Elecon EPC Projects wins Rs 246.78-cr order

Elecon EPC Projects has bagged an order from NTPC of Rs 246.78 crore for Ex-works (India) supply for coal handling plant package of Gadarwara super thermal power projects, stage-I (2 x 800 MW). Prayasvin Patel, Chairman and Managing Director, Elecon Engineering said, ?We are pleased to have procured a prestigious order worth Rs 246.78 crore.

Rental industry needs a united appeal to the government for rationalised tax structure

The $1 trillion investments outlined by the government in the 12th Five Year Plan, as well as credit limitations are expected to fuel the new equipment rental business.

The growth of road equipment sector depends on a good mix of BOT and EPC projects

Currently, the road equipment sector is experiencing a slowdown, due to a number of road projects being stalled or going slow. Also, the depreciation of Indian rupee by over 20 per cent in the last quarter has made imported machines more expensive

Mandate for action

The CE sector, for its part, needs to look ahead. Looking back, it would seem, everything possible for a new growth story has been done, put in place. Looking forward is the only way; the pace may be painfully slow but is expected to be steady.

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.

Growth will pick up only if the government ensures a good mix of BOT and EPC projects

The government has to address issues like long-term funding for road projects, faster land clearances and introducing more stringent prequalification criteria for contractors who are bidding for road projects. The blocks have to be cleared to expedite a healthy growth in this sector and to attract the private sector for BOT projects, says Rohit Punjabi, Assistant Director (Strategy and Marketing), Liugong India. Excerpts of the interview.

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