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鈥淔inancial management a challenge in rental industry.鈥�
Siddharth Sharma, Director, Premier Heavy Lift, speaks on the current landscape of the construction equipment rental market in India.
HAM has done wonders to the road sector
A look at the transformative shift from traditional EPC contracts to more dynamic frameworks such as Build-Operate-Transfer (BOT) and Hybrid Annuity Models (HAM).
Financial management a challenge in rental industry
Premier Heavy Lift (PHL) stands as a leading force in the heavy lifts and transportation sector, marked by excellence in quality, safety, and innovative practices under the leadership of Anil Chaudhary, Som Dutt Sharma and Capt Sandeep Anand. Since its inception with merely two cranes, PHL has evolved dramatically, boasting a fleet of over 360 equipment units valued at more than Rs 900 crore. Siddharth Sharma, Director, Premier Heavy Lift, speaks on the current landscape of the construction equipment rental market in India.
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 鈥楳avala鈥�, 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 鈥楳avala鈥� 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 鈥楽econd Strongest Brand鈥� among the top 50 Global Engineering and Construction (E&C) companies 鈥� by Brand Finance, the world鈥檚 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鈥檚 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鈥檚 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. 每日吃瓜 explores the road ahead for asphalt plants.
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.
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.
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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