Top popular construction equipment companies in India

The infrastructure sector has witnessed a rapid growth within the country. With many ongoing projects, nation is for sure going to taste its development soon, but along with it many industries associated with infrastructure has evolved. One such industry is the construction equipment industry.

Amit Banerjee takes charge as CMD of BEML

Banerjee is a graduate in Mechanical Engineering from IIT (BHU), Varanasi. He joined as Asst Engineer and has a vast experience of over 37 years in R&D and manufacturing functions.

BEML records highest ever turnover

Defence public sector undertaking, BEML recorded its highest ever turnover of Rs 3,557 crore for the FY 2020-21 against the previous year turnover of Rs 3,029 crore, a growth of 17%.

Numaligarh Refinery to use Honeywell tech to produce cleaner-burning diesel

Honeywell announced Numaligarh Refinery (NRL), a public sector undertaking under the Indian Ministry of Petroleum and Natural Gas, will use UOP technology to produce cleaner-burning diesel fuel in compliance with India’s BS-VI emission standards and increase crude oil conversion.

Mining Gains

The recent policy initiatives by the Central Government are expected to boost the mining activities in the country, providing new opportunities to private and global miners, and equipment and technology providers.

Mining Needs a Leg-up

For India to achieve its full potential in the mining sector, policymakers need to give a leg-up in lifting the mining sector on a high growth path. Jayanta Roy elaborates on the mining industry scenario in India.

Govt to auction 27 coal mines

The Ministry of Coal has begun the process of auction of 27 coal mines and allotment of 15 blocks to public sector undertakings.

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.

Indian Mining Poised to Boom

ECA is the major risk taker under the loan

KfW has three different arms under which international financings are being carried out. These are KfW Development Bank, DEG and KfW IPEX-Bank. The ECA business is wholly taken care of by KfW IPEX-Bank which stands for international projects and export financings.

Govt to up steel demand in rural areas

To increase the demand of steel in rural areas and to boost steel consumption, the Union Minister of Steel, Beni Prasad Verma has been stressing on the need for setting up Steel Processing Units (SPUs). The effort aimed at bridging the disparity between the national consumption of 60 kg of steel per man per year and rural consumption of 10 kg per man per year.

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.