Schindler India, leading providers of escalators and elevators, a 100% owned subsidiary of Schindler Group is set to invest Rs 170 crore to expand its manufacturing facilities by setting up IndiaĆās first Escalator manufacturing line and towards improving its Research and development facilities at its plant near Chakan in Pune.
Author: admin (Infratructure Today)
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L&T to build Light Rail System in Mauritius
Larsen & Toubro has bagged Rs 3,375 crore major breakthrough order from Metro Express Ltd which is owned by the Government of Mauritius to design and build an Integrated Light Rail-based Urban Transit System in the African island nation.
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Schneider Electric India commissions 720 kWp solar plant
Schneider Electric has commissioned a 720 kWp capacity solar power project at its manufacturing facility in Vadodara, Gujarat. The solar project, built on a rooftop area of 6,000 square meters, covers almost 45 per cent of the total factory load and will produce over 1.05 million units of electricity per year.
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Peninsula Land Ltd’s Salsette27 receives its RERA registration key
Peninsula Land Ltd has announced that their latest luxury residential project in Byculla received the registration certificate for RERA (Real Estate Regulatory Authority). The registration number for the project is Maha RERA Reg. No P51900000642. Launched nine months ago, Salsette 27 is already registered in MahaRERA website.
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Welspun Enterprises bets big in road sector, expands its portfolio
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).
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Merchant Power Market to Burgeon Over FY18-FY20
The short-term power market is up for an eventful journey in FY18-FY20, says India Ratings and Research (Ind-Ra). However, the market is inhibited by impediments such as transmission constraints, opaque processes on open access within most states and steep cross-subsidy charges. A power supply-demand mismatch and a hiatus in long-term power purchase by states provide immense opportunities to the merchant market.
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UP install India’s largest battery based solar project
Consul Neowatt has received the approvals for execution of one of the largest battery based hybrid solar power projects in India totalling over 3 MW. The project will be powered by Consul NeowattĆās much acclaimed Sunbird range of hybrid solar inverters.
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Saudi Arabia’s Alfanar Group partners with Suzlon, eyes India’s RE sector
Suzlon has secured a 50.40 MW maiden order from Saudi Arabia's Alfanar Energy. Suzlon will install around 24 units of 2.1 MW, S111-90m wind turbine generator(WTG) and the project is scheduled for completion by March 2018.
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Haryana CM opens up Hero- Honda Chowk flyover for public
Manohar Lal Khattar, Chief Minister, Haryana inaugurated the flyover on Monday. With the opening of this stretch, commuters can now take a direct route route from Hero Honda Chowk without passing through the Kherki Daula Toll Plaza.
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Maharashtra begins land acquisition for Samruddhi Corridor
In a major development, the first sale deed for Nagpur Mumbai Super Communication Expressway (NMSCE) has commenced.