Achievers from the world of construction, contracting, engineering and building materials were felicitated for their outstanding contribution at the India Construction Festival (ICF) 2019 held recently in New Delhi.

Total order backlog of the engineering and construction firms was Rs.8.1 trillion at the end of FY18. Of the whole order backlog, almost 62 per cent was contributed by the construction companies, followed by 24 per cent of capital goods companies catering to the energy industry.

Welspun Enterprises Ltd (WEL), a subsidiary of Welspun Group, will expand its operations in the infrastructure sector by acquiring two road projects from Delhi-based MBL Infrastructures Ltd (MBL).

National Highways Authority of India’s (NHAI) payment of mobilisation advances to developers will provide a fillip to the construction pace of hybrid annuity model (HAM) projects, says India Ratings and Research (Ind-Ra).

Welspun Steel Ltd (WSL) has received environmental clearance for setting up an integrated steel plant with production capacity of 3 million tonnes (MT) per annum in Gujarat at an estimated cost of Rs 14,690 crore.

Tata Power Renewable Energy Ltd has announced commissioning of a 36 MW wind power plant at Nimbagallu in Andhra Pradesh and a 49 MW solar plant at Kayathar, Tamil Nadu.

Tata Power, India’s largest integrated power company, has announced that the company’s total generation from non-fossil operating capacity stands at 3,060 MW, making it the largest renewable energy company in India.

Tata Power Renewable Energy Ltd has announced commissioning of a 36 MW wind power plant at Nimbagallu in Andhra Pradesh and a 49 MW solar plant at Kayathar, Tamil Nadu.

The fast growth of the Indian economy in recent years has placed increasing stress on physical infrastructure, such as electricity, railways, roads, ports, airports, irrigation, healthcare, water supply and sanitation systems, all of which already suffer from a substantial deficit