KNR Constructions Ltd., alongwith its JV partners, has received two work orders
for `2,309.23-cr from theIrrigation and CAD Department, Govt. of Telangana.
KNR-HES Joint Venture has baggedan order worth `695.54-cr towards
‘Kaleshwaram Project – Link IV–Parallel Conveyor System – Package No.3 –
Excavation of Gravity Canal fromKm 0.00 to Km 15.825 to carry 333 cumecs discharge
of water from Delivery Cistern atChinnagundevelly (Village) to ForeBay at
Thukkapur (Village). Thisincludes CM&CD works to be executed in two years
from the agreement date.
KNR-NAVAYUGA-NCC Joint Venturehas bagged order worth of `1,613.69-
cr towards 11 Kaleshwaram Project– Parallel Conveyor System - Package No.4
Lifting of 333 cumecs of waterfrom Forebay at Thukkapur (Village) to Sri
Komuravelli Mallanna Sagarcomprising construction of Forebay, Open Pump
House, Pressure main, andDelivery cistern, etc., at Tukkapur (Village) work to be
executed in two years from the agreement date
PNC Infratech Limited has beendeclared as the L1 (lowest) bidder for a NHAI
Project of 53.95 km longFour-laning of Meerut–Nazibabad section of NH-119
(New NH-34) from design chainageKm 11+500 (Meerut) to 39.250 (Behsuma)
and from km 79.500 (Bijnor) to105.700 (Jalalabad), in the state of Uttar Pradesh
under the Bharatmala Pariyojanaon Hybrid Annuity Mode (HAM) for `1,412-
crore. Four firms participated inthe bidding and price bids were opened recently,
with PNC’s bid being the lowest(L1).
The project is to be constructedin 24 months and operated for 15 years post
construction. This is theeleventh hybrid annuity highway project secured by the
company so far.
Thyssenkrupp’s plant engineeringbusiness has been awarded an order by Numaligarh Refinery Limited (NRL) worthapproximately `300-crore for a refinery expansion mega project. Under theorder, thyssenkrupp will provide engineering,
procurement and constructionmanagement (EPCM) services for various units of a refinery located inNumaligarh in Northeastern India.
NRL is expanding its refiningcapacity from three to nine million metric tons per year. The project isexpected to be completed by 2024.The refinery expansion project is part of thegovernment of India’s initiative towards ‘Hydrocarbon Vision 2030’ for theNortheast region of India. The efforts are aimed at exploiting the region’shydrocarbon sector to facilitate economic
development, enhance the accessto clean fuels, increase the availability of petroleum products, and createemployment opportunities.
The scope of supply includesengineering, procurement and construction management services for a new petrochemicalfluidised catalytic cracking (PFCC) unit with two million metric tons annualcapacity, units for liquefied petroleum gas (LPG) treatment, gasolinedesulphurization, MS blocks having naphthahydrotreating, continuous catalyticreforming and isomerization units.
Sterling and Wilson Solar Ltd.signs its largest order in Australia with a value of ~AU$525- million. Companyalso signed two projects in India with leading global
IPPs adding up to a value of`620-crores
Sterling and Wilson Solar Limited(SWSL) has signed (along with its branch and Australian subsidiary) an EPCcontract of approximately AU$525-million (~`2,600-crore) as well as theOperation and Maintenance (O&M) contract of approximately AU$85-million(~`415-crore), which is its largest order in Australia. The duration of theO&M contract is for a maximum period of 20 years.
With this order, the Company’scumulative order book in Australia adds up to approximately AU$1.0-billion(~`4,900-crore), making it amongst the largest Solar EPCs in the market. SaysBikesh Ogra, Director and Global CEO, Sterling and Wilson Solar Limited, “Thisis our largest order in Australia and is a culmination of efforts to break new groundin countries like Australia, the United States and South America. Along withour exponential growth in the international
market over the past decade, we continueto remain a dominant player in the domestic market as well.”
SWSL has also signed two projectsin India with leading global IPPs adding up to a value of `620-crores. Thiscomes despite the lockdown due to the on-going pandemic.
Pushes for integration of SEZOnline with Customs ICEGATE system; Incentivize Foreign
Supply Chains to relocate into SEZs
Given the present situation, theTamilnadu Association of SEZ Infrastructure Developers (TASID), in a letteraddressed to the Prime Minister’s office, has appealed for immediate reforms inthe SEZ sector to mitigate the impact of COVID-19 crisis. In the letter, SunilRallan, Founder and President, TASID has emphasized on how social distancingand safety measures will become the new normal post-COVID.
He highlighted the importance ofmoving all consent processes at various stages ‘online’ from submission until
approval. It will expedite theentire process and bring in ‘Ease of doing Business’ in the sector, he wrote.
He further added, the need toincentivize Foreign Supply Chains to relocate into SEZs with easy access to
DTA as well the ability to exportefficiently. “With effective policy intervention in the SEZ sector, Special
Economic Zones can be used toattract Manufacturing Supply Chains relocating from China to India,” he said.
The letter further details fewpro- posed changes under the following rules:
? Casefor recalibration of the SEZ Rule , on Net Foreign Exchange Earning.
? Reversalof Custom Duties: ‘Duty foregone Principle’.
? ManufacturingServices and SEIS support. The Ministry of Commerce and  Industry data shows that 241 out of 373
SEZs in India areoperational and provide employment to around 20 lakh people. Tamil Nadu topsthe chart with
operational SEZs and75 per cent ofSEZs are functioning in the state.
Angré Port leases part of itsindustrial land to Arjun Refineries for setting up business unit
Angré Port Private Limited, themost  sheltered all-weather port in theKonkan region, has leased five acres of its industrial backup land toArjun  Refineries for setting up an edibleoil refining-cum-packaging facility.
The lease is for a period of 30years. Under the terms of the lease, Arjun Indo Agro Oils Ltd, the edibleoil- makingsubsidiary of Arjun Refineries, will use the land to establish a refinery andpackaging unit.
Angré Port will support ArjunIndo Agro Oils in the import of raw materials,and the clearance and storage ofcargothrough a tank terminal which
will have dedicated pipelines totherefinery.Having a port-based refinery significantly cut logistics costs forArjun
Refineries, avoiding the firstleg of transport from the port to a hinterland refinery completely, and alsogives the companyaccess to new markets in Maharashtra,North Karnataka, andGoa.Commenting on the development,
Eshaan Lazarus, ExecutiveDirector,Angré Port Private Limited, said, “Thisis a win-win model for bothparties, as it generates revenue and cargo for theport, while providinglogistics support and cost control for Arjun Refineries.”
“We are currently inconversations with other industries too, who are keen to leverage ourinfrastructure and cargo transportation capabilities, and will surely see somedevelopments on this front in the near future,” he added. Angré Port, in JaigadRatnagiri,owns 300 acres of industrial land as port’s private backup land. Itoffers this land on competitive lease models to strategic businesses, such asmega warehouses, port-based industries, logistics,tank terminals, and businessparks.
One of the leading real estatedevelopers  in the UAE, AziziDevelopments, has partnered with 3i Infotech, an India based  company that offers a comprehensive  set of IP-based software solutions  and a wide range of IT services, to enhanceits Information Technology (IT) infrastructure. The agreement comprises noteworthy overhauls of Azizi’scyber security, data protection, cloud, and enduser  computing and IT Governance Risk Compliance(GRC), gearing the developer up for its Digital Transformation and grantingproperty seekers a safer, more  seamless,transparent and convenient  home-shoppingexperience.
Dr. Syed Mahsud Ali, ChiefInformation  Officer at AziziDevelopments, said, “Only by implementing the latest technologies, which areultimately to the  benefit of theend-user, can we become the most customer-centric developer in the UAE andbeyond – a vision that we  are now muchcloser to realizing.”
“We have found ways to optimiseour  costs, with our comprehensive,world-class IT Transformation now only costing us 0.92 per cent of the totalcorporate budget, while the real estate industry’s average usually lies at 1.5per cent,” he added. Notably, Azizi Developments has successfully implementedstate-of-theart  Customer RelationshipManagement (CRM), Robotic Process Automation (RPA), and Business Analytics (BA)technologies, and is now looking at enablers like digital workplaces, advancedprocess optimisation, and radical digitalisation.
The developer is also usingother  business intelligence and dataanalytics tools to create actionable strategies for existing and new businessopportunities.
Polycab India Ltd. has appointedGandharv Tongia as the Chief Financial Officer of the company. Tongia joined Polycab India Ltd. as Deputy CFOin July 2018. He is a Chartered Accountant from the Institute of Chartered Accountantsof India. He has also completed the Professional Programme Examination from theInstitute of Company Secretaries of India.
He has over 14 years of workexperience in auditing and consulting. Prior to joining the Company, he was adirector at S R B C and CO LLP, Mumbai and has worked in S.R. Batliboi &Associates LLP.
Sterling and Wilson Pvt. Ltd.,India’s leading EPC company and part of Shapoorji Pallonji Group, has announcedthe appointment of Raghu Menon as the Chief Executive Officer of its CoGenBusiness. He will be responsible for business development, market growth, andthe P&L for the business. Menon has been with the company as a COO since2018.
As a COO, Menon was responsiblefor On-time Performance, Quality Supply, HSE Implementation, P&L supportwith top and bottom-line achievements of the CoGen Business. He has more thantwo decades of experience across industrial products and turnkeysolutions,having played CXO roles in Oil and Gas and Power Generationcompanies.
He has worked with Global MNCs atthe P&L role and in various functions of technology, M&A, businessdevelopment, product development, overseas market penetration, vendordevelopment, and operations management.
Menon is a graduate in MechanicalEngineering from Pune University and holds a Diploma in Marketing Managementfrom Welingkar Instituteof Management, Mumbai.
WIRTGEN India,through their WE CARE initiative, has supported the fight for Covid throughvarious CSR initiatives. The organisation, along with a substantialcontribution by the employees, has donated a sum of `30-lakhs to the PM caresfund.
WIRTGEN INDIA alsodonated CSR funds to NGO ‘United Ways’ for supporting ground level activities,which included:
? Supplyinghealthcare equipments, cooked meals, groceries, and essentials to the stranded
and the effectedpeople.
? Distributionof essential kits to the migrant labourers as well as supply of PPE kits to thelocal police and the medical staff. This initiative will be continued asrequired, informs the company.
CBRE Group, Inc. has risen to#128 on the 2020 Fortune 500 list of the largest U.S.-based public companies.The company’s position rose from 2019, when it was ranked at #146. CBRE hasbeen ranked among Fortune’s Most Admired Companies for the eighth consecutiveyear.
Anshuman Magazine, Chairman andCEO, India, South East Asia, Middle East and Africa CBRE said, “Our successiverise on Fortune’s prestigious list is a testimony of our commitment towards ourclients and our people. We will continue to remain steadfast during thisunprecedented time and emerge stronger
The Electric PowerTransmission  Association (EPTA) hasannounced the appointment of Vijay Chhibber to the position of Director Generaleffective  8th April 2020. In this role,Chhibber will be primarily responsible for engaging with stakeholders tofurther the goal of reliable 24x7 power supply through development of leastcost transmission system throughout the country.
Vijay Chhibber is a former IndianAdministrative Service (IAS) officer with over 37 years of public service in theIndian Administrative Services. In his earlier role, he was the UnionSecretary, Ministry of Road Transport and Highways, with additional charge ofChairman, National Highways Authority of India. He has worked on several keyassignments in the Government of India for the Ministries of Defense, Health,Commerce, Fertilizer, Shipping, Road Transport and as a Cabinet Secretariat. Hewas  also Advisor to the Chief Minister,
Government of Tripura.

NEWS ----------SEPTEMBER 2018 Issue
Cygni Energy raises $6.4 Mn to power growth & expansion

Hyderabad-based Cygni Energy Pvt. Ltd., an innovative Solar-DC solutions start-up, has announced that it has raised funds of $6.4-mn through a combination of equity and debt. The equity funding is led by Endiya Partners, a leading early stage venture capital firm that invests in product start-ups, and the debt by IndusInd B   READ MORE...
Cosmos Solutions receives US$950-mn for new eco-friendly energy product
Cosmos Solutions Pvt. Ltd.’s patented new technology to generate more power from engines using micro controllers received a major green signal with a private equity of US$950-million from Linetrust Offshore Ltd. The Head of private equity of Linetrust ASEAN, Dr. Sailesh Lachu Hiranandani, who has spared no effort in promoting the development of renewable energy, assured Cosmos   READ MORE...
Black & Veatch bags IEDCL’s 41MW hybrid project
Black & Veatch has been selected to provide engineering expertise to IL&FS Energy Development Company Limited’s (IEDCL) 41 megawatt (MW) solar photovoltaic (PV), wind, and battery storage hybrid project in India. Core components of the project are 25 MW solar PV and 16 MW wind power generation systems, coupled to an optimised energy storage system.

Technical services for the