Total order backlog of the engineering and construction firms was Rs.8.1 trillion at the end of FY18. Of the whole order backlog, almost 62 per cent was contributed by the construction companies, followed by 24 per cent of capital goods companies catering to the energy industry.
The industry estimates that falling crude oil prices, lower fuel subsidies along with recent diesel tax hikes could together add almost Rs 1.1 trillion to the Union Budget. And with the government planning to spend about $8 billion of that on infrastructure and manufacturing activities, the infrastructure sector is looking at a brighter year ahead.
Thermal power plants in the country operated at an average peak load factor (PLF) of 69.95 percent, which is a nine-year low in 2012-13 owing to insufficient availability of coal. Given the stagnation in the production of coal and natural gas, industry observers raise doubt as to how
the raw material needs of our future power projects would be met. In 2013-14, India's power generation capacity is expe
The economics of the airline industry has always been a concern for stake holders. Deep N Mukherjee and Ashoo Mishra explore the various challenges involved in this sector. The airline industry is a sector where reputation, skill and luck do not play a major role. A case in point is Warren Buffet who lost heavily in his investment in US Airways. The challenges for the Indian aviation industry increase further on the back of regulationdriven cost inefficiencies and a nascent market.
According to Central Electricity Authority (CEA) the thermal generation in the couÂntry dipped during September and the April-September period. In a report it said, although the coal-based plants achieved a growth rate of 6.46 per cent over the same period last year,