Many infrastructure companies are going through Corporate Insolvency Resolution Process (CIRP); some of them were also in the first target list of the Reserve Bank of India (RBI), wherein 12 companies were identified in June 2017 to proceed in the under the code.

Contributions from the power equipment industry is 8.1 per cent of the manufacturing sector in terms of value and 1.35 per cent of India's GDP, providing direct employment to 5 lakh people, indirect employment to 10 lakh people, and employment to over 50 lakh people across the entire value chain.

HDC's key priorities are installation of one container handling crane (RMQC), mechanisation of Berth No 3 in PPP mode, and creation of liquid cargo handling facilities at Shalukali through PPP, and a goal to handle 65 MMTPA of cargo by 2021-22.

JNPT continued to upscale its growth trajectory and closed the financial year ending Mar 2019 handling 5.13 million TEUs, which is a 6.20 per cent growth as compared to the last financial year.

Rooftop solar plus storage helps in reduction of transmission and distribution losses for state distribution companies (discoms) and defers investments in transmission infrastructure.

New York-based Air Products and Chemical Inc. announced that it has appointed Anand Chordia as Managing Director, Prodair Air Products India Pvt. Ltd; as well as head of Air Products’ world-class Engineering, Procurement and Construction (EPC) centre in Pune, India.

US based Altair has signed Memorandum of Understanding (MoU) with International Centre for Automotive Technology of India (ICAT), Manesar.

Shailesh Pathak, CEO, L&T Infrastructure Development Projects recommends that even as India moves towards becoming the world's third largest economy by the next decade, the infrastructure sector needs to focus on the timely execution of projects.

In an interview, Anshul Gupta, Director, Okaya Power Group tells POWER TODAY that energy storage system will be a key saviour,as the grid might not be able to support the entire power requirement.