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Transforming pre-owned CE industry

In the used construction equipment industry, CRM plays a pivotal role in fostering lasting relationships with clients and optimising business processes.

Will QCBS phase out L1 for Infrastructure Procurement?

The limits for QCBS system of procurement have been lifted says Pratap Padode, Founder & President, FIRST Construction Council who has been a strong proponent of the QCBS system of procurement. Read on…

L&T, NCC bids for Rs 56.88 bn Hyderabad Airport Metro project

The Hyderabad Airport Metro has confirmed the receipt of two significant bids from L&T and NCC for the Rs 56.88 billion tender aimed at selecting an EPC contractor for the Airport Metro project.

NHAI puts 300-km of road assets under auction

The National Highway Authority of India (NHAI) is set to monetise road assets by putting a 300-km stretch to be auctioned under the toll-operate-transfer (TOT) model.

New Holland Construction announced a renewed focus on the brand

Company unveils C330 compact track loader with two other products

Department of water resources in Punjab seek bids for machinery

The deadline for submitting bids is May 25, 2023

Shriram Automall celebrates 12th SAMIL Utsav on a grand scale

India’s largest phygital pre-owned marketplace for vehicles and equipment, Shriram Automall India (SAMIL) created yet another benchmark in the used automobile industry on its 12th business anniversary by recording footfalls of over 25,000 customers on a single day.

Shriram Automall celebrates 12th SAMIL Utsav on a grand scale

Shriram Automall conducts biggest phygital auction by selling 7,500+ pre-owned vehicles, equipment and other assets

BMC would spend Rs 60 bn to pave 400 km of roads

In the upcoming years will Mumbai's pitiful potholed roads ultimately be fixed? The Brihanmumbai Municipal Corporation (BMC) has chosen five large construction companies with a track record in building national highways to carry out the job and has eliminated small road contractors in order to execute the largest-ever civic contract to concrete 400 km of road for Rs 60 billion.

Greater Chennai Corporation will relay over 8,000 roads

Over 8000 roads in various parts of the city will shortly be relayed by the Greater Chennai Corporation. Under Singara Chennai 2.0, the local government has invited bids for 414 inner roads and 38 bus route roads.

SAMIL showcases next-gen phygital auction tech at Auto Expo

SAMIL enlightened clients, potential customers and visitors about its technology-laden bidding platforms

Country Roads Take Me Home

The slowdown in the road construction activity has been a drag for the construction equipment sector.

L&T ships special construction equipment to BRO for strategic needs

L&T Construction Equipment (LTCEL) has dispatched the first batch of 25 special variant wheel loaders that are suitable for operation in harsh terrains – high altitudes and extreme weather conditions to the Border Roads Organisation (BRO), an organisation engaged in serving strategic requirements of the nation.

L&T ships special construction equipment to BRO for strategic needs

The special wheel loaders operate in temperatures between minus 20 degrees and 50 degrees.

India & Germany signs pact for Indo-German Green Hydrogen Task Force

India and Germany have signed a joint declaration of intent on the Indo-German Green Hydrogen Task Force.

More greenfield highways to be built as part of NH development

The government’s National Highway Development Program will now focus on building more greenfield highways rather than expanding the existing network, signalling a significant shift in focus.

Dilip Buildcon bags Rs 2,683.02 cr equipment order from SECL

Road construction company Dilip Buildcon Limited (DBL) has received a letter of award for an order of Rs 2,683 crore from South Eastern Coalfield Limited (SECL)

7th India Construction Festival

Organised by the FIRST Construction Council in Mumbai on October 22, the event successfully brought together the who’s who of the infrastructure and construction industry.

Tata Motors bags order of 15 hydrogen-based fuel cell buses from Indian Oil

The buses will be used to evaluate the potential of developing hydrogen-based PEM fuel-cell technology in India

BEML privatisation moves into phase 2

In January this year, the Central Government had invited expressions of interest (EoI) for the strategic sale of 26 per cent stake in Bharat Earth-Movers (BEML).

BEML privatisation moves into phase 2

Earlier, interested bidders were told to submit their EoIs on or before March 1. However, the Government recently extended the deadline for submitting preliminary bids till March 22.

Egis wins new design contract for Dhaka metro

Bangladesh Government is planning to build Mass Rapid Transit (MRT) line 5, commonly known as southern metro rail, in Dhaka.

NHAI to develop over 600 wayside amenities

In a major move to improve commuting experience on national highways for both passengers and truckers, the National Highways Authority of India (NHAI) will develop world class ‘Wayside Amenities’ at more than 600 locations across 22 states along the national highways in the next five years, out of which 130 is targeted for development in 2021-22.

NHAI to develop over 600 wayside amenities

n a major move to improve commuting experience on National Highways for both passengers and truckers, the National Highways Authority of India (NHAI) will develop world class ‘Wayside Amenities’ at more than 600 locations across 22 states along the National Highways in the next five years, out of which 130 is targeted for development in 2021-22.

Next stage of airport privatisation to begin in April

Next stage of airport privatisation to begin in April

Govt to divest 26% stake in BEML

The Centre invited bids for strategic divestment in BEML, four years after the Cabinet approved divestment in the company.

Mining opportunities and challenges

Ritabrata Ghosh, Associate Head, Corporate Sector Ratings, ICRA writes on the mining scenario in India.

NHAI invites bids for 5th bundle of highway projects on TOT model

NHAI has invited bids for the fifth bundle of National Highway projects under Toll-Operate-Transfer (TOT) in Gujarat.

NHAI to undertake rating of concessionaires, contractors and consultants

The portal-based objective assessment of vendors has been initiated to track the performance of the vendors for various NHAI projects.

Trimble Announces New Platform as a Service for Construction Technology

Trimble announced today the Trimble? Platform as a Service, an offering that gives contractors the ability to purchase select civil construction hardware and software solutions and continually upgrade those solutions with the latest innovations from Trimble.

SAMIL Utsav attracts over 30,000 customers in 90 cities

Shriram Automall India (SAMIL), backed by Shriram Group and MXC Solutions celebrated SAMIL Utsav on its ninth business anniversary by conducting over 90 physical bidding events in 90 tier I, II, and III cities in a single day across India.

Flurry of road bids expected

According to the latest reports, India's GDP growth rate slipped to 4.5 per cent in the July-September quarter of this fiscal.

BETTER road rehabilitation WITH COLD MILLING

Cold milling is one of the first measures taken when a roadway or traffic area needs to be rehabilitated.

Govt to allot 9 coal blocks to PSUs

The government has invited applications from state-run companies for allotment of nine coal mines for captive power generation and commercial use.

Digital disruption in CE space

Construction equipment sector is way behind in using digital platform for sourcing equipment. Anant Raj Kanoria elaborates on the importance of adopting new technologies for the growth of this industry.

Sell where people buy

There is a saying in the industry that 'if a machine isn't making money, it is only costing money'. Equipment often needs to be turned into cash first before returns can be used to make other investments.

Used Equipment Auctions

Over time, the pre-owned construction equipment market has almost become equal to the new equipment one, in terms of volume. However, the age-old pre-owned construction equipment industry in India was highly dominated by conservative and unreliable trade practices till a few years back.

Celebrating 20 Years of Auction in Dubai

Heavy equipment auctioneer Ritchie Bros. celebrated its 20th year anniversary in Dubai during a two-day auction at its site in the Jebel Ali Freezone. The auction featured more than 1,600 equipment items and trucks, including excavators, wheel loaders, dozers, trucks and mobile cranes.

Navi Mumbai airport bids likely in Jan 2017

According to reports, the financial bids for the proposed Navi Mumbai International Airport (NMIA) is likely to be opened in the first or second week of January.

Ritchie Bros. celebrates 20 years of auctions in Dubai

In the past two decades, more than 120,000 items have been sold at Ritchie Bros.? auctions in Dubai. The company will celebrate its 20th anniversary in the UAE with a Dubai auction on December 13 and 14, 2016

Successful Rehabilitation of Asphalt Pavement

Fraport AG, operator of Frankfurt Airport, renews the surface course on the runways about every seven years, including the centre runway, the most-frequently used section.

Adani in race for AP port project

Adani Group is in race for a port facility in the north coastal region of Andhra Pradesh.

H-Energy wins first natural gas pipeline bid in East

H-Energy Pvt Ltd won the bid for laying the first natural gas pipeline in Eastern India. The bids for Contai-Dattapulia-Jajpur-Dhamra-Cuttack-Paradip natural gas pipeline were opened on May 12

L1 bidders for seven Mumbai Metro rail blocks

Mumbai Metro Rail Corporation (MMRC) has received 31 bids from nine consortia to develop seven sections of the Colaba-Bandra-Seepz corridor and seven consortia have emerged as L1 bidders. Larsen & Toubro (in partnership with Shanghai Tunnel Engineering Co) emerged the lowest bidder for two sections (Cuffe Parade to Flora Fountain and Marol to Seepz) of the 33.5-km corridor.

Excon 2015- Indias Premium Showcase of CE Industry

Positive sentiment prevails in the infrastructure equipment industry which is abuzz as Excon 2015 is around the corner. Growth prospects are visible over the horizon, in light of the positive trends reflected in most of the economy indicators for India.

We have plans to start more offices in Andhra Pradesh and Telangana

With the government giving more focus on smart cities, we feel the other smaller cities will also develop parallelly and there will be demand for construction equipment, says B Lakshminarayana, Managing Director, Sri Sai Infra Equipment Pvt Ltd.

We need a mechanism to streamline on ground execution of projects

Owing to the recent focused and bold reforms by the Government, Indian infrastructure industry is gaining momentum and as a result, we are witnessing a slight upsurge in the demand of construction equipment.

Diggers to get busier

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

2015 - The year of recovery?

Off-Highway Research has predicted that the number of units sold will double to 89,030 by 2018 from the current year?s 46,755 units. As per the analysis, the real trigger of growth becomes available in 2017-18 when there is a dramatic surge

Rural India?s steady contribution is a robust signal of the revival

India remains a focus area for us and systematic investment will be made in future as per the requirements of the market, says Abhijit Gupta, Managing Director, Case New Holland Construction Equipment (India).

Coal India eyes foreign coal assets

India's coal giant Coal India Ltd (CIL) is eyeing global coal assets to tide over the growing domestic demand. The company plans to form a consultants panel which would help in acquiring, developing and operating coal blocks abroad.

Coal Ministry to take up restructuring of Coal India Ltd

The coal ministry has prepared action plan for restructuring of state-owned Coal India Ltd (CIL). This is to improve overall operational efficiency of the company. CIL has seven subsidiaries. The company has missed the coal production targets in 2013-14. While considering the restructuring issue, the government is likely to increase the delegation of powers to all the CIL subsidiaries.

Operations to start at Suliyari Belwar coal block

The Andhra Pradesh Mineral Development Corporation Ltd was incorporated on 24th Feb., 1961. The main objectives of corporation are development of mineral resources including exploration, exploitation, and beneficiation. The Mineral Development Corporation Ltd has invited bids for selection of mine developer cum operator (MDO) for operation, development, mining and supply of coal from Suliyari Belwar coal block in Singrauli coal fields.

OGPC invites EPC bids for coal handling plant at Manoharpur

Odisha Power Generation Corporation Ltd (OPGC) is setting up 2x660 MW (Units 3&4) supercritical coal fired thermal power station at lb Thermal Power Station, Banharpali, Jharsuguda, Odisha. To fulfil the fuel requirement for this capacity addition project, two adjacent coal blocks - Manoharpur (181.68 MT) and its Dip side (350 MT) has been allotted

The Proven Performer

The Cat? 950 GC wheel loader has proven components, a durable structure, operator amenities and comes at an affordable price to provide great customer value.

Year End Review of Ministry of Coal

Coal sector witnessed a number of initiatives during 2013 to augment coal production and supply. Regular reviews of captive coal blocks were held by Inter-Ministrial Group to expedite their development, fuel supply agreements were signed with Power Sector and setting of Coal regulator approved. Under the bidding policy, seventeen coal blocks allotted to the Government Companies and thirty eight coal blocks brought under production.

Coal Blocks offer for Government Companies/Corporations

As per the year end review report of the Ministry of coal, seventeen coal blocks, fourteen blocks for specified end-use i.e. Power and three blocks for Mining were allocated to various State Government Companies/Corporations/CPSUs under newly initiated bidding policy. The proposed agreement on coal mine production and development to be signed by the Government with the respective eligible Companies is under finalization.

Govt allocates mining leases via auction: Minister

The Union government notified the auction of mining leases on February 2 in 2012 under the amended provisions of Section 11 of the Mines and Minerals (Development and Regulation) Act, 1957 (67 of 1957) (MMDR Act).

Govt invites bids from PSUs for 5 lignite blocks

The Union government has called bids from public sector undertakings (PSUs) for 5 lignite blocks with an estimated 156 million tonne of reserves. The lignite blocks in Gujarat and Rajasthan will be awarded to State-run companies depending on various factors like location of the end use project and preparedness of the end use project, a government notice said.

Karnataka to float fresh bids for BDA layout road works

The Karnataka on July 4 submitted before the High Court that fresh tenders would be called for execution of road works in the controversial Nadaprabhu Kempegowda Layout, near Kengeri, and that it would revoke the previous tenders. The Government Counsel R Dev?das, in his submission before the High Court, which was hearing a petition regarding controversial financial tender/bids for executing the road works, said fresh tenders would be called shortly to award the works afresh.

Coal India awards drilling contract for Mozambique asset

An unknown company was reportedly awarded a contract for drilling a further 30,000 metre in the Mozambique mines belonging to Coal India (CIL). In order to assess reserves of its mines in Mozambique, the state-run miner wanted to drill the area further and for this purpose it invited bids from reputed companies in February

ICVL identifies 5 overseas assets

CS Verma, Joint Chairman of Steel Authority of India (SAIL) informed that ICVL has identified at least four or five good coking coal mines in Australia, the US and Mozambique for acquisition. International Coal Ventures (ICVL), a consortium led by SAIL, is conducting due diligence on these assets. It may be recalled that ICVL was formed in 2009 by public sector firms like NTPC, Coal India, NMDC and Rash

NTPC to rebid equipment for Odisha plant

Power firm NTPC has decided to call for fresh equipment supply bids for its 1,600 MW coal-fired power plant at Darlipalli in Odisha in the wake of one of the successful bidders in the earlier round, BGR Energy, pulling out of the project citing lack of progress.

DSI at the Navy Annex

Demolition Services Inc (DSI) and Powerscreen? crushing plants are key players in the demolition and recycling of the historic 1,000,000 sq ft Navy Annex seven-building complex to provide for expansion of the Arlington National Cemetery.

Govt to rope in firm for sampling imported coal

Unconfirmed reports indicate that the union government plans to invite bids from companies for monitoring quality of coal imported by domestic power plants. It may be recalled that domestic power plants complain about the poor quality of coal being imported from abroad as it leads to rise in carbon emission and also

Ban(e) or Boon

The government has finally woken up to the fact that the unbridled import of used equipment has been eroding the competitiveness of the manufacturing sector and so, have decided to ban import of machinery more than five years old.

Gateway to global market

Ritchie Bros sells more than 2,300 construction equipment at an auction held in Dubai recently.

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