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L&T Completes Divestment of Electrical & Automation Business to Schneider Electric
Web Exclusive
  Sep 16, 2020

L&T Completes Divestment of Electrical & Automation Business to Schneider Electric

India’s leading engineering, technology, construction and financial services conglomerate, Larsen & Toubro (L&T), announced the closure of the strategic divestment of its Electrical & Automation (L&T E&A) business to Schneider Electric, a global player in energy management and automation.

Bentley Systems Announces Availability of OpenGround Cloud
Web Exclusive
  Sep 14, 2020

Bentley Systems Announces Availability of OpenGround Cloud

Bentley Systems, Inc, a leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, on Monday, announced the availability of OpenGround Cloud, a new cloud service that enables geotechnical professionals to access reliable geotechnical data for better engineering decision support and to improve collaboration across the entire supply chain.

MoRTH Releases Over Rs 100 Billion Under Aatmanirbhar Bharat Scheme
Web Exclusive
  Sep 09, 2020

MoRTH Releases Over Rs 100 Billion Under Aatmanirbhar Bharat Scheme

The Ministry of Road Transport and Highways (MoRTH) has released a sum of Rs 103.39 billion during the COVID-19 period under the simplified payment process as envisaged in the ambitious Aatmanirbhar Bharat scheme. Another sum of Rs 24.75 crore is being processed and is likely to be released soon.

World Bank to Extend $82 Million Loan for Transformation of Himachal Roads
Web Exclusive
  Sep 08, 2020

World Bank to Extend $82 Million Loan for Transformation of Himachal Roads

Sameer Kumar Khare, Additional Secretary, Department of Economic Affairs, Ministry of Finance said that the economic growth of any region is closely linked to its road infrastructure.

NHAI Debars Contractor, Consultants Responsible for Accident Bengal Four-Lane Bridge Site
Web Exclusive
  Sep 08, 2020

NHAI Debars Contractor, Consultants Responsible for Accident Bengal Four-Lane Bridge Site

National Highways Authority of India (NHAI) has taken strict action against the defaulting firms on the unfortunate accident during the launching of girders on February 16, at the new four-lane bridge over River Ganga at downstream of Farakka Barrage including approaches connecting the Farakka-Raiganj section of National Highway (NH)-34 in West Bengal, leading to two casualties.

Tata Power Inks PPA with Tata Motors to Commission India’s Largest Carport at Pune
Web Exclusive
  Sep 03, 2020

Tata Power Inks PPA with Tata Motors to Commission India’s Largest Carport at Pune

India’s largest integrated power utility, Tata Power has achieved a new milestone by signing a power purchase agreement (PPA) with Tata Motors to commission the country’s largest carport. With 6.2 MWp capacity, the project is expected to reduce 160,000 tonnes of carbon emission for Tata Motors in its lifetime.

World’s Largest Solar Tree Spreads its Branches in Durgapur
Web Exclusive
  Sep 02, 2020

World’s Largest Solar Tree Spreads its Branches in Durgapur

Council of Scientific & Industrial Research and Central Mechanical Engineering Research Institute (CSIR-CMERI) has jointly developed the world’s largest solar tree at CSIR-CMERI Residential Colony in Durgapur (West Bengal).

AVEVA Prioritises Cloud Strategy in Response to the New Normal
Web Exclusive
  Aug 31, 2020

AVEVA Prioritises Cloud Strategy in Response to the New Normal

One of the leading players in engineering and industrial software, AVEVA, has unveiled ‘Cloud-First’, a key component of its long-term software portfolio strategy to focus on providing core services in the cloud to ensure high uptime and availability, user management and the flexibility to try new solutions.

NHAI Develops Portal-Based Assessment for Vendors
Web Exclusive
  Aug 28, 2020

NHAI Develops Portal-Based Assessment for Vendors

To establish a transparent and comprehensive performance rating system for its consultants, contractors and concessionaires, the National Highways Authority of India (NHAI) has developed a ‘Vendor Performance Evaluation System’.

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Three Lines Shipping says:
Agree. Developing a domestic transshipment port is a good idea if we talk about seaports, there are several countries and commercial centers around the world that don’t have a seaport and these countries have to use the seaports of other countries in order to import or export their cargo, which will give a competitive advantage.
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kishore tamidela says:
Adhering to international best business practices with niche boutique firms could open doors to easily tap financing from institutional investors both debt and equity.
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