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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.

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 secures EPC order to establish world鈥檚 largest solar PV plant

The Renewables arm of Larsen & Toubro鈥檚 Power Transmission & Distribution Business has secured a turnkey EPC contract, from the consortium of ACWA Power and the Water and Electricity Holding Company (a subsidiary of the Public Investments Fund of Saudi Arabia (PIF)), for Sudair Solar PV Project of 1.5GW capacity.

L&T bags multiple contracts

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

L&T secures EPC order to establish world鈥檚 largest solar PV plant

The project that is coming up in Riyadh Province has a 30.8 sq km land parcel available to install a total capacity of 1.5GW PV Solar modules with associated single axial tracker and inverters.

L&T Construction bags mega contract of India鈥檚 first high-speed rail corridor

The scope for the MAHSR - C4 package includes the construction of viaducts, stations, major river bridges, depots, and other auxiliary works.

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

Looking for new growth avenues

The growth of crawler cranes market is stagnant with lagging demand from heavy lift applications. However, the market is expected to bounce back with the demand for medium capacity lift applications from the upcoming infrastructure development projects.

Digital Platform for efficient CE Sourcing

With markets being overcrowded and competition more intense than ever, coupled with a flurry of information in this digital age creates a lot of distractions.

The big movers

Being the major equipment class in the infrastructure development activities, Earthmoving equipment sees further demand growth in future owing to an anticipated growth in construction activities.

We are positive about the growth of OTR tyres

We expect prospective customers to visit our Stand. This is an excellent opportunity for us to create our brand awareness. Also, customers will have an opportunity to understand the wide range of products for a variety of off-high way machines.

Gaining Traction

With a major thrust on infrastructure development by the government, coupled with the ?Make in India? programme, the Indian telehandler industry is poised for an unprecedented and exponential growth.

Graded Up

If tightened completion time is demanded as in the case of Delhi peripheral ring road by Supreme Court, it will sure to up the demand for advanced, high capacity motor graders.

CE Sector to Grow

Among the major global markets for construction equipment, the demand of construction equipment in China suffered a steep decline after peaking in 2011. This trend continued in 2014; however, future demand forecast is expected to be stable.

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.

CE industry is to grow in the long term at a CAGR of 17.5%

The construction equipment (CE) market in India will be driven by increased activity levels in every sector as there are massive infrastructure gaps yet to be bridged, says Samir Bansal, General Manager, India, Off-Highway Research.

STILL Number One

The focused thrust on infrastructure, manufacturing and agricultural sectors is expected to boost the demand for pick-n-carry cranes, which dominate the mobile crane market with over 80 per cent of total sales.

CASE is working on introducing products from its portfolio into the Indian market.

In order to cater to the North-East market, CASEis making continuous efforts in order to consolidate its leadership position and further strengthen its market share through the introduction of new technology and advanced products that enhance the business value of its offering to its customers, says Abhijit Gupta, Managing Director, Case New Holland Construction Equipment (I). Excerpts of the interview.

Rentals will be the solution for the future

Knowledge and skill upgradation are vital and that is where Quippo plays an important role. We continuously devote time to upgrading knowledge; training is a continuous activity in our organisation.

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