Power Mech gains three major projects

Power Mech gains three major projects

Power Mech Projects (Power Mech) recently said it has bagged three projects, including one from the Adani Group, totalling Rs 1,034.13 crore. As per reports, the company said it has…

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ADB and Indian Government join hands to expand metro rail in Chennai

ADB and Indian Government join hands to expand metro rail in Chennai

The Asian Development Bank (ADB) and the Government of India have signed a USD 350 million loan to build new lines and improve the connectivity of the metro rail system…

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25 airports to be earmarked for leasing between 2022-25

25 airports to be earmarked for leasing between 2022-25

A total of 25 airports have been earmarked for leasing over the years between 2022 and 2025. As per reports, the National Monetization Pipeline (NMP), 25 Airports Authority of India…

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XCMG's XGC150-IA Crawler Crane Plays Key Role in India's MTHL Project

XCMG’s XGC150-IA Crawler Crane Plays Key Role in India’s MTHL Project

The XGC150-IA crawler cranes of XCMG (SHE:000425) deployed to the construction project of Mumbai Trans Harbour Link (“MTHL”) project, the longest cross-sea bridge in India that will connect Mumbai with…

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India is the world's second largest producer of steel

India is the world’s second largest producer of steel

India’s steel production has reached a historic level of 120 million tonnes per year making it the world’s second largest producer of steel, the Government informed the Rajya Sabha. India…

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Adani Group to invest Rs 10,700 crore into Lucknow airport’s expansion

Adani Group to invest Rs 10,700 crore into Lucknow airport’s expansion

The Adani Group is all set to make an investment of Rs 10,700 crore into airport expansion so that its annual passenger handling capacity zooms from 4 million passengers per…

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PM Modi inaugurates 15 airport projects worth Rs 9,800 crore

Land acquisition procedure for Kangra airport expansion begins

As per reports, a proposal has been sent by the district administration to the State Government for the acquisition of 105 acre including 65 acre private and 40 acre Government…

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Capacit'e Infraprojects Ltd gets orders from Ashar ventures

Capacit’e Infraprojects gets orders from Ashar ventures

Construction firm Capacit’e Infraprojects Ltd on 2nd January announced the company has received a contract worth Rs 203 crore from Ashar ventures. It is for the Ashar Pulse, a 60…

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Shubhabrata Saha appointed as new MD and CEO of AJAX Engineering

Shubhabrata Saha appointed as new MD and CEO of AJAX Engineering

   Ajax Engineering, a leader in the concreting equipment sector in India, today announced the appointment of Shubhabrata Saha as the new MD and CEO of the company. Shubhabrata served…

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Government approves setting up of 21 greenfield airports

Government approves setting up of 21 greenfield airports

The Government of India has accorded an ‘In-principle approval’ for the setting up of 21 greenfield airports across the country. So far ten such airports have been operationalised with the…

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India to get its first hydrogen built train this year

India to get its first hydrogen built train this year

The Railways is manufacturing Vande Metro trains which will replace those designed in 1950s and 60s, says Railways and Communication Minister Ashwini Vaishnaw. He also said that the first indigenously…

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NBCC (India) gets construction orders of Rs 229.18 crore from Amrapali Group

NBCC (India) gets construction orders of Rs 229.18 crore from Amrapali Group

State owned construction firm NBCC (India) Ltd said it has got work orders worth Rs 271.62 crore in projects of erstwhile realty firm Amrapali Group. The company has informed that…

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Belagavi Dharwad Railway Line’s foundation stone to be laid in January

Belagavi Dharwad Railway Line’s foundation stone to be laid in January

The foundation stone of the long-awaited Belagavi Dharwad Railway line, the new direct rail project, is to be laid in January 2023. This project was proposed by the late member…

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India plans a $2 billion incentive programme for the green hydrogen industry

India plans a $2 billion incentive programme for the green hydrogen industry

India is planning a $2 billion incentive programme for the green hydrogen industry in a bid to cut emissions and become a major export player in the field. The Rs…

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China, Vietnam's share in India's steel import basket rises during June 2023

Shyam Metalics to invest Rs 7,500 crore in four-five years

As per reports, Shyam Metalics to invest about Rs 7,500 crore over the next 4-5 years to scale up its metal business, it has recently acquired Mittal Corp Ltd in…

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