McNally Bharat (MBE), one of the leading EPC companies in India, is celebrating its Golden Anniversary in 2011. MBE started operations in a small way in 1961 in Kumardhubi, Dhanbad, where it manufactured equipment for the coal and mining industry.
Tag: EPC
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Infrascape 2012 | Highways: EPC will gain momentum next year
Highways have been largely on an upswing. We have awaÂrded-or set to award upon opening bids-4,500 km, and will be awarding a minimum of 3,000 km by the end of this fiscal. The industry has been gung ho about the sector,
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Infrascape 2012 | Rural roads: Modified EPC may be solution
Rural roads constituted over 84 per cent (2.65 million) of Indian Roads Network in 2010-11, and were constructed at the rate of 124 km per day. Around 80,195 km of rural roads were completed till March this year.
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EPC industry discusses labour, regulatory, technical and legal issues
Resource crunch including skilled and unskilled labour was identified as one of the biggest stumbling blocks before a potentially booming EPC industry. The 12th Five Year Plan offers Rs 17.08 lakh crore of construction opportunity. And even as interÂnationalisation knocks on India's doors,
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Public procurement: Reforms to make procurement professional
Public procurement has been under scrutiny because it is suspected for poor material quality and corruption. Vinod Dhall explains how a new department in the making, hopes to clean up and bring about systemic reforms in public procurement.
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Indian EPC 2011: Driving growth efficiently
As with all ideas that promise (relative) speed, simplicity and quality, Engineering, Procurement and Construction (EPC) has caught on quickly.The order books of the over 150 players in the arena are bulging, and there is increased interest in this sector from experienced foreign players who have made their India foray, new to the sector Indian conglomerates as well as pan-Indian infrastructure developers.
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Vox Pop: Procurement is now sophisticated, international
Procurement practices are constantly being redefined, yet understanding of technology and competition is still young, say experts.About 60 percent of an Engineering, Procurement, Construction (EPC) project cost goes to procurement. Have you seen an evolution from procurement to supply chain management?
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Reasonably bid projects have an easier funding chance
Satish Mandhana, Managing Partner, IDFC Private Equity, reminds us of some basics of how finance companies evaluate NVGF projects, and denies that they are looked at any differently from VGF projects.
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The fact that bidders believe in good growth over a period of 20-30 years is a vote of confidence
The net present value of the bids NHAI has received this FY from NVGF from 12 projects on DBFOT is to the tune of Rs 16,500 crore. JN Singh, Member (Finance), NHAI, explains to Shashidhar Nanjundaiah why this limited revenue stream will go a long way in all-round road development.
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Govt to revive EPC in road bidding
As per the Planning Commission's suggestion, the Union Roads Ministry is workÂing on reviving the Engineering Procurement and Construction (EPC) mode of road bidding.