The Uralungal Labour Contract Cooperative Society Ltd. (ULCCS) was established 100 years ago in Kozhikode, Kerala, by the social reformer Vagbhatananda. Its cooperative structure makes it to the construction sector what Amul is to the dairy industry in India. The cooperative’s engineering and construction subsidiary, U-Sphere, launched in February 2025 as part of the centenary...
Tag: EPC
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GST 2.0 to Unlock Liquidity and Lower Capital Costs for Renewables: Oyster Energy MD
Recent GST cuts are set to unlock liquidity and lower capital costs for renewable energy developers, says Siddharth Bhatia, Managing Director of Mumbai-based independent power producer Oyster Renewable Energy, in conversation with INFRASTRUCTURE TODAY’s Manish Pant. He argues that these reforms—if aligned with Make in India priorities—could accelerate project execution and attract foreign capital. Bhatia...
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Inox Wind Divests ₹1.75 Bn Stake in EPC Arm at ₹74 Bn Valuation
The stake sale reflects growing investor confidence in India’s renewable EPC segment, as infrastructure scale and policy support converge. Inox Wind Ltd (IWL), a leading provider of wind energy solutions in India, has announced the sale of a ₹1.75 billion stake in its engineering, procurement and construction (EPC) subsidiary, Inox Renewable Solutions Ltd (IRSL), to...
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Proposed RBI norms are positive for the industry: CRISIL
While the overall cost of financing may go up, several aspects of the central bank proposals on provisioning norms can help ramp up the overall infrastructure buildout in the country as we advance, says Jagannaryan Padmanabhan, Senior Director and Global Head, Transport Logistics & Mobility, CRISIL Infrastructure Advisory tells INFRASTRUCTURE TODAY. Edited excerpts. How do you see...
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India’s infra evolution paves the way for economic growth
A robust and sustainable infrastructure is a pre-condition for its growth. After years of a weak investment cycle, a sharp pickup in infrastructure investments in India is imminent. While infrastructure creation is necessary, it needs to be sustainable as well, writes Abhinav Sharma, Fund Manager, Tata Asset Management. Today, India stands at a pivotal juncture in...
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Patel Engineering & JV Partner Secure Rs. 1,818.56 Crore Contract
Patel Engineering & JV bag the Dibang Multipurpose Project Mumbai, August 28, 2023 – In a significant development, Patel Engineering Limited, a prominent player in the field of civil construction with a focus on hydropower and irrigation, has emerged as a key contender along with its joint venture (JV) partner to undertake the Dibang Multipurpose...
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NTPC commissions green coal plant in Varanasi
The plant is built on 20 acres of land.
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Today the road sector is much more mature and robust
A candid interview with experienced financier PR Jaishankar, MD, IIFCL PR Jaishankar, MD, India Infrastructure Finance Company Ltd. (IIFCL), an experienced financier helming the infrastructure financing affairs, shares his deep thoughts on the latest progress, the pace of road development, new strategies carried out by IIFCL to speed up the infra projects, and much more from...
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Indian Highways: The Growth Story Unfolding
The highway sector has been the ignitor of PPP framework in India. The sector has received a significant support from the government and NHAI has played its role well through constant innovation.
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RE sector will compel the government to announce new transmission projects
In an interaction, DC Bagde, Managing Director, Transrail Lighting (Transrail) told INFRASTRUCTURE TODAY that the transmission and distribution segment (T&D) is likely to attract an investment of at least USD 50 billion. It's a shot in the arm for the country's T&D network, but it will not be enough.