MYCRANE makes strides in critical Indian market

MYCRANE, the world’s first global platform for online crane rental, has seen a surge in new client registrations and project enquiries in the booming Indian market.

Business booming in India as MYCRANE platform makes strides in critical market

Lifting equipment sourced via MYCRANE deployed on pan-India basis

Changing the future of construction

In construction, machine learning can help project engineers, supervisors, and everyone else involved in a project

Trimble and Mincon offer Trimble-ready drilling solution

Mincon Drill Mast Attachments for skid steers and excavators can now be equipped from the factory with Trimble’s Groundworks Machine Control System.

More EPC companies join MYCRANE

Three more global engineering, procurement and construction (EPC) companies have registered at the MYCRANE platform, following successful meetings at the recent bauma CONEXPO event in India.

More EPC companies join MYCRANE

Larsen & Toubro (L&T), Tata Projects and IRB Infrastructure have all completed the customer registration process

L&T awarded contracts for buildings and factories biz

The construction arm of Larsen & Toubro has secured an order from the Bangladesh Hi-Tech Park Authority to construct Hi-Tech IT Parks at eight locations (two packages at four locations each) across Bangladesh.

NHAI plans to award Rs 2.25 lakh cr projects during FY21

National Highways Authority of India (NHAI) plans to award Rs 2.25 lakh crore worth of projects spanning around 5,000 km in the fiscal year 2021.

Impressively Wide, Incredibly Accurate

The Delhi-Mumbai Expressway is one of the most prestigious expressway projects in India in current time. The highway will start near Gurugram at Sohna and will end at JNPT, near Mumbai. With a total length of 1,353 km, the expressway is divided into 49 packages (31 packages in Delhi-Vadodara section, 13 packages in Vadodara-Mumbai section and five packages in Mumbai-JNPT section).

Revenue of road EPC contractors to de-grow 8-10%

Revenue of road-building engineering, procurement and construction (EPC) companies is expected to de-grow 8-10 per cent this fiscal with the COVID-19 pandemic-driven lockdowns severely curtailing activity, a CRISIL report says

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

Bridging the Disconnect

Unified Engineernig enables global multi-discipline teams to work concurrently in a common data-centric environment, controlling and managing change across the entire project. Amish Sabharwal elaborates more.

Supporting Limestone Production

Terex MPS plant aids limestone production for JSW Cement in the Middle East.

HAM expands network

CRISIL Research?s analysis of road projects under the National Highways Authority of India (NHAI) reveals HAM has expanded its network since its launch in February 2016. Over fiscals 2017 to 2019, HAM projects accounted for a quarter of the executed road projects and 45-50 per cent of the projects awarded.

Revenue growth to halve for EPC road cos through FY21: CRISIL

Road developers in the engineering, procurement and construction (EPC) segment could see revenue growth halve in fiscals 2020 and 2021 to ~15 per cent, compared with 30 per cent in fiscal 2019, a CRISIL study of 75 companies it rates in this sector indicates.

L&T Construction bags Navi Mumbai airport contract

The Transportation Infrastructure and Buildings & Factories businesses of L&T Construction have secured a project from the Navi Mumbai International Airport (NMIAPL) for the engineering, procurement and construction

VA Tech Wabag bags Saudi EPC contract

The scope of the contract is towards the expansion of sewage water treatment plant in Jubail.

B L Kashyap & Sons bags new projects worth Rs 694 cr

B L Kashyap & Sons Limited, one of the leading construction and civil engineering companies in the country has bagged new projects from domestic unrelated clients aggregating to about Rs 694 crore.

Reliance Infra bags Mumbai Metro contract

Reliance Infrastructure EPC has secured a contract worth Rs 1,584 crore from the Mumbai Metropolitan Region Development Authority (MMRDA) for the construction of Mumbai Metro Line-4.

ValvTechnologies appoints new VP

ValvTechnologies, Inc, manufacturer of zero-leakage severe service isolation valve solutions, announced the appointment of Ron Anselmo as Vice President, Key Accounts. Based in the Houston, Anselmo will have senior management responsibility for sales growth through the development and management of executive, technical and commercial relationships for key accounts with major customers, licensors and engineering firms.

L&T to construct Shivaji statue in Mumbai

The Maharashtra government has awarded the contract to build the Shivaji statue in the Arabian Sea, to Larsen and Toubro (L&T). The state government gave the letter of acceptance to L&T that will build the memorial at a cost of Rs 2,500 crore on an engineering, procurement and construction model.

Gayatri Projects bags Rs 923-cr NHAI projects

Gayatri Projects has secured two new orders worth Rs 529 crore and Rs 394 crore from National Highways Authority of India (NHAI).

Honeywell releases newest PLC

Honeywell Process Solutions (HPS) announced the newest release of its ControlEdge? Programmable Logic Controller (PLC). This release, combined with Honeywell?s Experion? distributed control system (DCS), provides a significant reduction in integration efforts and project costs as well as increased security and availability through enhanced cyber security for industrial facilities.

Simon India bags Rs 370-crore LPG terminal contract

Simon India Ltd (SIL), an Adventz Group Company and a wholly owned subsidiary of Zuari Global Ltd, has bagged a contract of Rs 370 crore from Mundra LPG Terminal Pvt Ltd of the Adani Ports & SEZ Ltd (Adani). This contract is to provide engineering, procurement and construction (EPC) services for Adani Mundra?s LPG Terminal at Mundra Port in Gujarat.

Equipment India awards & ceo forum 2017

It was 6.15 p.m. with 15 minutes more to go for the mega event of the infrastructure equipment industry. Meanwhile, the Viceroy Hall at the heritage Claridges Hotel located in New Delhi's famed Lutyen's Zone was already filled to capacity.

KMC Constructions bags NHAI contract

National Highways Authority of India (NHAI) has awarded contract worth Rs 1,274 crore to KMC Constructions Ltd for development of National Highway section in Himachal Pradesh. According to the Ministry of Road Transport and Highways, the development of the crucial 26-km long Nerchowk-Pandoh including Pandoh bypass section of the NH-21 will improve the connectivity for travellers from Chandigarh to the valleys of Kullu and Manali.

L&T Construction bags job orders worth Rs 3,598-cr

Larsen & Toubro (L&T) said its construction arm has won orders worth Rs 3,598 crore across various business segments.

Geoharbour to expand presence

Geoharbour Middle East Construction LLC, a leading local company specialising in Ground Engineering, design, research, construction and consultancy, is looking towards reinforcing and expanding its presence across the Middle East with the move to leverage its diverse range of world class Ground Engineering services across construction and development companies in the region.

Trimble Technology Improves Productivity

Gayatri Projects Ltd is the flagship company of Gayatri Group that has interests in infrastructure, power, hospitality, real estate and industry.

L&T Construction bags Rs 2,871-crore contracts

Larsen & Toubro (L&T) said its construction arm has bagged contracts worth Rs 2,871 crore across businesses in both domestic and international markets. L&T Construction secured a contract of Rs 1,276 crore in the buildings and factories business.

NBCC bags contracts worth Rs 8,523 crore in December

NBCC has bagged contracts worth Rs 8,523 crore in December 2015. Of the total business, works worth Rs 8,195 crore were related to project management consultancy (PMC) and projects worth Rs 328 crore were related to the engineering, procurement and construction business.

L&T bags orders worth Rs 1,960 crore

Larsen & Toubro (L&T) said it has bagged orders worth Rs 1,960 crore across business segments.

L&T arm bags orders worth Rs 2,048 crore

The construction arm of Larsen and Toubro (L&T) has won orders aggregating Rs 2,048 crore across various business verticals in October 2015.

Punj Lloyd bags NHAI project

Diversified engineering, procurement and construction (EPC) conglomerate Punj Lloyd has won a Rs 542-crore road project in Bihar from National Highways Authority of India (NHAI).

GMR Infra bags DFCCIL project

GMR Infrastructure (GIL) has received Letter of Award (LoI) for construction of 417 km long Eastern Dedicated Freight Corridor railway project at a cost of Rs 50.80 billion

L&T Construction bags orders worth Rs.3,343 crore

The construction arm of L&T has won orders worth Rs 3,343 crores across various business segments in March 2015.

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.

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.

Essar Projects bags contract from Saudi Aramco

The Hydrocarbon SBU of Essar Projects has secured its maiden contract from Saudi Aramco, the national petroleum and natural gas company of the Kingdom of Saudi Arabia.

Movers & shakers

8,500 km by March 2015: How Realistic is the Target?

The Union Finance Minister has set a target of 8,500 km of roads to be completed during the current fiscal year, which simply means construction of about 35.5 km of road per day! In the last couple of years,

Sandvik bags Australian order

Sandvik Mining has been awarded a major material handling contract in Australia. The value of the contract exceeds SEK 450 million and will be executed and contribute to Sandvik Mining?s business for the period of the years 2014 until 2016. The order for the project includes engineering, procurement and construction of two bucket-wheel stacker/reclaimers for coal handling with stacking capacity of 8,600 tonnes per hour and reclaiming capacity of 7,250 tonnes per hour.

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.

The growth of road equipment segment will be about 15 per cent by 2017

Last year, we took an aggressive approach with the launching of new products in spite of the recession. The objective was to be prepared and match customer expectations and take a chunk of market share when the economy turns around, says R Nandagopal, Chief Executive Officer, Construction Equipment Business, Greaves Cotton. Excerpts of the interview.

Eaton expands O and G capabilities

Eaton recently hosted an Oil and Gas Technology Day in Gurgaon to showcase its expanded range of electrical, hydraulics and filtration solutions for the oil and gas segment. The showcase also included products from the former Cooper Industries, which Eaton acquired in late 2012.

Punj Lloyd gets road contract from GMR

Punj Lloyd, a leading engineering, procurement and construction (EPC) conglomerate, has received a letter of intent from GMR Projects for undertaking design, engineering, procurement and construction of 124 km of six lane of Chittorgarh bypass to Udaipur, in the state of Rajasthan. Worth Rs 1,050 crore, the project is scheduled for commissioning in 36 months.

Getting back on track

Growth prospects in the current fiscal, 2013-1314, were expected to be sluggish, with no clear indicators towards a surge in demand for construction equipment. However, the recent developments in otherwise depressed business sentiments are something to cheer about.

NHAI not in favour of PPP mode for road projects

Media reports say that the National Highways Authority of India's (NHAI) plea to the government to improve financing provisions for highways project has not worked so far. Recently, 19 high projects were bid out, but there were no takers and NHAI now believes that conditions for public-private partnership (PPP) projects are not right.

Steadily chugging ahead

Even though the road sector in India continues to face multiple challenges, a strong pipeline of projects supports long term prospects. Around $180 billion investment is earmarked for the road sector, which is the highest ever investment for any Five Year Plan, and this should have a very positive impact on the construction equipment industry. The prime factor favouring the growth of the road equipment industry is the sheer scale of work still to be done in this sector.

Highway projects to boost construction industry

With the National Highways Authority of India (NHAI) awarding new projects under the public-private partnership programmes and the projects execution picking up from last year, the Indian construction industry is looking at making up for lost time with a flow of funds and EPC (engineering, procurement and construction) contracts in 2012.

Metso enters globe valve business

Metso has strengthened its offering for customers in oil and gas and power by acquiring a globe valve technology and service company, Valstone Control Inc in South Korea (Valstone).