India is already among the world´s largest energy consumers. Urbanisation, industrialisation, and the government´s commitment to 24 x7 energy access for all imply that our need for power will continue to grow.
Tag: EPC
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EPC contractual issues
One of the major costs in an infrastructure project is the tax cost that a project has to bear on account of various indirect taxes, viz., the value added tax, works contract tax, service tax and many other similar taxes. Typically, in most of the infrastructure projects, the owner awards a turnkey contract to one party known as the engineering, procurement and construction (EPC) contractor.
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Hybrid modes of implementation
The Central government approved Smart Cities Mission involves the development of one hundred smart cities in India. One of the most important elements of smart city infrastructure is economical and environment friendly mass scale rapid public transport system.
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Govt to award 10,000 km of NH for development
The major policy initiatives of MoRTH in recent past are as follows:
Exit Policy: The cabinet recently allowed private developers to exit all operational BOT projects two years from start of operations.
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Skilling construction in India
The Skill India initiative is expected to take a while before some measurable outcomes would be evident. The issues are connected with skill building and span across sectors. There has been a long overdue need to undertake measures to bridge
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Make in India has created a revolution in the RE sector
Kuldeep Kumar Jain, COO-EPC, Vikram Solar Pvt Ltd, believes that the future is bright and the opportunity immense for India to become a global leader in solar energy.
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Modernising Mumbai Airport
The biggest challenge, says L&T, was to construct the terminal amidst a fully operational airport. L&T was awarded the mandate as the main contractor to plan, design, engineer, procure, construct, test and commission the new Terminal 2
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Angelique: The builder of developing economies in the world
Established in 1996, Angelique International Limited has grown into a an engineering, procurement and construction (EPC) giant with a turnover now nearing $350 million, undertaking turnkey projects in power, water, irrigation and agriculture sectors as well as industrial projects in international markets of Africa, Middle East, Latin America and South East Asia.
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protection
The road sector has gathered steam with the government´s focus on the revival of the investment cycle. Over the next six months, the government plans to award road projects worth Rs 3.5 lakh crore.
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Ready? Fire! Aim!
As project managers rush headlong into implementation without planning and carrying out pre-project activities, it´s a case of putting the cart before the horse. No wonder catastrophic delays and bungled projects are the order of the day.