Even as free joyrides are being extended to Nagpurites on the 5-kilometre stretch from the Airport South to Khapri on the Nagpur metro rail before its formal inauguration, the federal government has plans to extend the service to the cityĆās outskirts using the existing broad-gauge railway tracks.
Author: admin (Infratructure Today)
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Simplex Infra bags order worth Rs 2595 cr in Q4FY18
Simplex Infra has bagged orders worth Rs 25.95 billion in the fourth quarter from January to MarchĆā18. With this the total order inflow during FY18 amounts to Rs 76.66 billion. The new orders have emanated 87 per cent from public sector and 13 per cent from private sector, 98 per cent from domestic territories and 2 per cent from abroad.
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Cement demand up but profitability pressures continue
Even as demand for cement has picked up from Q3 FY2018 and the trend is expected to continue in Q4 FY2018, with the growth expected at around 5% in FY2018 and FY2019, expectation of higher petcoke, coal and diesel prices are likely to put pressure on the profitability margins and debt metrics of the cement companies in the coming quarters.
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Q4 revenue growth seen at 9%, margin pain to ease
Growth in corporate revenue Ćā excluding that of banking, financial services & insurance and oil companies Ćā is likely to print at ~9% on-year for the fourth quarter of fiscal 2018, CRISIL ResearchĆās analysis of over 400 companies, which account for 65% of the market capitalisation of the National Stock Exchange shows.
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PTC India secures trading of entire 1,000 MW capacity
PTC India, announced that it has completed the sale of remaining 200 MW under the long term PPA of hydro power under Karcham Wangtoo Hydro project to Punjab State Utility on April 01, 2018.
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Rs 19,435 crore toll projects maybe at risk
The Bharatmala network designed on the shortest possible route connecting the origin and destination, though a well thought through and definitely a step in the right direction, is bound to impact the existing network by directly competing with a few stretches including some of the existing BOT (Toll) road projects.
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Exicom installs AC and DC electric vehicle charging station
Exicom installed AC & DC electric vehicle charging station at Ministry of Power office in Shram Shakti Bhawan, New Delhi. It is part of the plan to develop EV charging points across the country.
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Delta Electronics launches EV solutions
Delta Electronics India has launched its complete range of energy efficient electric vehicle (EV) charging solutions in India.
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Tata Communications gives lift security to next level with IoT
Tata Communications is working with Surbana Jurong, one of AsiaĆās largest urban, industrial and infrastructure consulting firms, to equip its Internet of Things (IoT)-enabled lifts and escalators with secure, scalable connectivity to MicrosoftĆās Azure cloud platform.
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Hindustan Infralog headed for new acquisition
Hindustan Infralog Private Limited(HIPL) has announced the acquisition of a 90-per cent stake in Continental Warehousing Corporation (Nhava Seva)(CWCNSL), an integrated multimodal logistics player in India.