Wednesday, January 24, 2018

Coal India subsidiaries get power to set floor price for e-auctions Coal India's board has empowered subsidiaries to fix their own floor prices for e-auctions, which is expected...

Coal India

Earlier, it had fixed a ceiling for floor prices. It was 20% for non-power consumers and 10% for power. "Subsidiaries have also been empowered to fix the periodicity of these e-auctions depending on market forces," a senior Coal India executive. Western Coalfields, a subsidiary, has been empowered to fix its reserve price on the basis of the cost of...

ArcelorMittal opts out of Bhushan Power & Steel race ArcelorMittal, the world's largest steel producer, has withdrawn from bidding for bankrupt Bhushan Power & Steel after it conducted...

ArcelorMittal

ArcelorMittal informed the Bhushan Power & Steel committee of creditors of its decision through a letter sent by its financial advisor Goldman Sachs, according to people with knowledge of the matter. Tata Stee JSW, Vedanta, AION Capital and a Dubai-based billionaire whose identity could not be ascertained remain in the fray for the bankrupt company ahead of the January...

India to host first summit of International Solar Alliance: PM Narendra Modi Citing global climate change as one of the biggest global challenges, Prime Minister Narendra Modi on...

International Solar Alliance

"In 2016, India and France jointly envisioned a new international treaty based organisation. This revolutionary step has now changed into a successful experiment," Modi told the plenary session of the World Economic Forum. "As a International Solar Alliance, it is now a reality after the necessary treaty ratification. I am happy that in March, French President (Emmanuel) Macron and leaders...

Connectivity is the cornerstone of inclusive growth in the Himalayan Region Unleashing Connectivity for Inclusive Growth - Leveraging Himalayan Consensus to Further India's Act East Policy was underlined...

Himalayan

The Forum was organised by CUTS International, Himalayan Consensus Institute, Institute of Chinese Studies, and The Asia Foundation. The discussion at the Forum introduced the idea behind Himalayan Consensus process to the larger audience in Delhi and developed an initial framework on how this platform can be used to usher connectivity and people to people contact. Speakers reflected on...

1,500 Chinese workers build railway for a new train station in just NINE HOURS The workers connected three railroads into one new railway in Longyan, China.They also installed...

Chinese workers

Chinese workers have demonstrated their incredible efficiency yet again. Around 1,500 workers spent just nine hours paving the railway for a new train station in Fujian Province, southern China.Seven trains and 23 diggers were used to assist the massive project, according to a supervisor. An aerial video released by Pear shows how the construction workers connected three major railroads -...

Tata Steel and Indian Institute of Metals announce 7th Asia Steel International Conference Tata Steel in association with the Indian Institute of Metals on Monday announced the 7th...

steel

The conference will address and focus on different challenges faced by the steel industry like optimising specific consumption of raw materials, especially coke and iron ore, usage of low-grade raw materials, along with decreasing the energy consumption in various ironmaking and steelmaking operations and, thereby, reducing carbon dioxide emissions. It will also be a platform for steel experts to discuss...

Tata Steel keen to buy stressed assets: MD TV Narendran Tata Steel is keen on pursuing every opportunity to acquire stressed steel assets that can help it...

Tata Steel

This comes at a critical time as several debt-ridden steel companies like Essar Steel, Electrosteel Steels, and Bhushan Steel are undergoing bankruptcy proceedings under the dedicated insolvency court -- the NCLT (National Company Law Tribunal). "Such inorganic opportunities come once in a while and we need to pursue them. It is a great opportunity for anyone in the steel...

Siemens Gamesa bags orders for 326 MW wind power capacities Renewable energy firm Siemens Gamesa today said it has bagged multiple orders totalling 326 MW wind power capacities...

Siemens

These order entails the EPC (engineering production and construction) of 326 MW of wind power facilities on several sites across India (26 in total, with installed capacity ranging between 2 MW and 60 MW), a company statement said. Siemens Gamesa will install 135 units of its G114-2.0 MW wind turbines and 28 units of its G97-2.0 MW wind turbines across...

Government may consider import duty hike on certain power items The government may consider increasing import duty on certain items related to power, capital goods and chemicals sectors...

import duty

The move would also help promote the government's ambitious 'Make in India' initiative, said the source, who did not wish to be named. Imports of cheap power equipment have been affecting domestic manufacturers as well as created issues for independent power producers in view of poor quality and after sales service. The Indian Electrical and Electronics Manufacturers' Association (IEEMA) in...

CPPIB to acquire ADB’s 6.3 per cent stake in ReNew power Canada Pension Plan Investment Board (CPPIB) has agreed to invest $144 million in alternative energy firm ReNew...

CPPIB

CPPIB will acquire 6.3% stake held by Asian Development Bank in the company, ReNew Power said in a statement. The Canadian pension money manager will become the third largest investor in the company with the transaction. ReNew, which is competing neck and neck with Tata Power Renewable Energy to be the biggest renewable energy company in the country, has around 2500...

Impact of Wastewater Effluents on Surface Water Resources

Surface Water Resources

Today, more than 6.6Billion people uses a safely managed drinking water service; that is, one located on premises, available when needed and free from contamination. Estimates for safely managed drinking water were available for 96 countries (representing 35 per cent of the global population). Some 3 in 10 people worldwide, or 2.1 billion, lack access to safe, readily available...

High-Rise Construction

construction

Concrete is an essential and main component of any construction.  Main challenges when concreting at great heights: High performance concrete (HPC) Conveying (Pumping) concrete to the required height Workability (Flowability) over time High performance concrete (HPC): The strength of the high performance concrete ranges from 50Mpa– 100Mpa Requirement of HPC: Very low water/Cement ratio generally less than 0.3 Considerably high cement...

Fully Galvanized Men & Material Hoist

material hoist

Everest Engineering Equipment Pvt. Ltd., will be launching the GJJ fully galvanized men and material hoist (Passenger Hoist) in this EXCON 2017, with very economical pricing. This is the most wanted equipment launch in the construction Industry for multistoried buildings, cement plant, steel plant, refinery, power plant, and dams. P V Ramdev, MD, Everest Engineering Equipment Pvt. Ltd., elaborates on...

Focusing to Develop Solutions of the Horizontal Drilling for Every Kind of Strata for all Types Utilities

underground construction

There is a simultaneous growth and advancement in the methodologies of the underground construction sector. New technologies and equipment have gained demand pertaining to the need of saving time and resource. These equipment are in high demand and this requires expert supervision. One such group of an expert is Apollo Techno Industries Private Limited (ATIPL). The group is India's...

Excon 2017: Wirtgen Group is a Pathbreaker in Road and Mineral Technologies

Wirtgen Group

The Wirtgen Group, with its product brands Wirtgen, Vögele, Hamm and Kleemann, will be showcasing leading technologies for the entire road construction process chain at Excon 2017. Wirtgen's milling machines W 195, W 120 R and slipform paver SP 62 will be celebrating their trade fair debut in India. More than 20 premium products in Bangalore Each of the product brands...

EXCON 2017 to position India as Global Hub for Construction Equipment Manufacturing

EXCON

EXCON is South Asia’s largest construction equipment and construction technology exhibition. This year marks its 9th edition and is taking place in Bengaluru from 12-16 December 2017. Organized by the Confederation of Indian Industry (CII), the event will witness over 1000 exhibitors, a third of which will be from abroad, in a display area of 26,00,000 sq.m. This 5-day exposition will ...

Entry Level Economic Solutions for Project and Commercial Production

commercial buildings

The Indian Construction market is witnessing decent growth, owing to the substantial investments made in the smart residential and commercial buildings sector. The emerging economies of South America and Asia-Pacific are witnessing strong demand for heavy construction equipment, and large investments are being made in these regions. Asia-Pacific is the largest market and has experienced a boom in construction...

Designed and Manufactured Keeping in Mind the “Ease of Use” for the Operator

PARIJATHA MACHINERY

PARIJATHA MACHINERY is one of the leading manufacturers and exporters of Machinery for the manufacture of Precast concrete products like Masonry Blocks, Paving Blocks, Kerb stones, wet cast products and a range of other products. With the vast experience in this field, Parijatha designs and manufactures machines for all the processes of the concrete precast industry, namely, the vibro...

Customer Satisfaction is the Demand Driver for any Product Line

Construction Equipment

Global market intelligence firm, Netscribes, Inc. released its latest report on the 'Construction Equipment Market in India 2017'. The construction equipment market is driven by increased usage of earth moving equipment, increased number of mining activities, increased spending on infrastructure and increased spending on residential and non-residential projects. Therefore it is quite evident that almost getting an infringing demand...

Construction Equipment Industry – There is Traction in the Market

Escorts Group

The Escorts Group is among India's leading engineering conglomerates operating in the high growth sectors of agri-machinery, construction & material handling equipment, railway equipment and auto components. Having pioneered farm mechanization in the country, Escorts has played a pivotal role in the agricultural growth of India for over five decades. One of the leading tractor manufacturers in the country,...

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