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TN explores PPP for Rs 4,500-cr power transmission project

The Tamil Nadu Transmission Corporation (Tantransco) is set to adopt the tariff-based competitive bidding (TBCB) method for a Rs 4,500 crore greenfield power transmission project.

New Opportunities

Upcoming infrastructure projects in metro rail, bridges, railway and irrigation are going to drive the demand for foundation equipment in the coming years, writes Karan Chechi.

In search of a strong foundation

Absence of big ticket projects such as greenfield power and steel plant projects, crashed out rental rates and surplus of idling equipment, and the cash flow crisis - the overall scenario of the foundation equipment market from the micro point of view seems to be grim, even though from the macro point of view few metro projects seem to have given a bit of relief to the industry.

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