Construction

New govt infrastructure projects down by over 20% in December quarter

Both new and completed project values as of December 2024 remain below pre-pandemic levels seen in 2019

ITD Cementation bags Rs 1,648 cr contract for construction at Vadhvan Port

Renew Exim DMCC, Adani Group's Dubai-based entity in October had entered into an agreement to acquire a 46.64 per cent stake in ITD Cementation in October 2024

SC issues landmark ruling to curb illegal constructions, violations

In a significant judgment, the Supreme Court on Tuesday said unauthorised constructions cannot be legitimised merely due to administrative delays, passage of time, or monetary investments and issued a slew of directions to curb illegal constructions. A bench comprising Justices J B Pardiwala and R Mahadevan said even the post-construction violations must trigger swift corrective action, including demolition of the illegal part and penalties for erring officials. The bench also upheld the demolition of unauthorised commercial constructions in a residential plot in Meerut, emphasising the need for strict adherence to urban planning laws and accountability of officials. The court issued a slew of comprehensive directions in larger public interest to streamline urban development and enforcement. "We are of the opinion that construction(s) put up in violation of or deviation from the building plan approved by the local authority and the constructions which are audaciously put up without

Govt announces formula for classifying green steel based on emissions

Steel produced with emissions below 1.6 tonnes per tonne of alloy would be classified as 'five-star green-rated steel', the cleanest of the three

Building materials hit a wall in Q2, recovery to lay bricks in FY26

Demand and margins set for slow rebuild, helping valuations cement stronger base

Delhi govt to pay Rs 8,000 each to over 90K workers hit by construction ban

The Delhi government decided on Tuesday to pay financial assistance of Rs 8,000 to each of the over 90,000 registered workers affected by the construction ban in the city due to severe air pollution. The construction ban was imposed on November 18 under the Graded Response Action Plan measure to check pollution. According to officials, the decision was taken at a meeting of the Delhi Building and Other Construction Workers Welfare Board chaired by additional chief secretary (finance) Ashish Chandra Verma. The move comes in the wake of a recent Supreme Court direction to the chief secretaries of NCR states to appear before it through video-conferencing on December 5 and inform whether or not any subsistence allowance was paid to the construction workers who went without work owing to the restrictions. An official document stated the Board "resolved" that an ex gratia amount of Rs 8000 may be released to all eligible construction workers after due verification of their status as ...

Unintended consequence: The poor face the brunt of pollution control

Construction bans are becoming the norm each winter, it is incumbent on state authorities to design a mechanism to compensate temporarily unemployed workers

Nearly 3,500 projects completed including 217 bridges under PMGSY in J-K

Nearly 3,500 projects, including 217 bridges, have been completed under the centrally sponsored Pradhan Mantri Gram Sadak Yojana (PMGSY) over the past two decades in Jammu and Kashmir, officials said on Sunday. The information was given at a meeting chaired by Joint Secretary, Ministry of Rural Development, Amit Shukla here to conduct a comprehensive review of the implementation of the PMGSY in the Union territory. The review focused on expediting project completion, ensuring adherence to quality standards and enhancing rural connectivity across the region, the officials said. The PMGSY was launched in Jammu and Kashmir during 2001-02 with the aim to provide all-weather connectivity to unconnected habitations in rural areas with a population of more than 250 as per the 2001 Census. A total of 3,742 projects, including 305 bridges, having a road length of 20,801 kilometres have been sanctioned for J&K since the inception of the PMGSY. Besides this, 2,140 habitations having a ...

CM Dhami inaugurates 168 crib centres for construction workers' children

CM also distributed 60 computers, funded by CSR, to the Labor Department and Employees State Scheme Offices

Adani Infra to pick 30% stake in PSP Projects, make an open offer

Post the transaction and open offer, Adani Infra to acquire joint control over PSP Projects along with the existing promoter group

Prism Johnson posts bigger-than-expected Q2 loss on tepid cement demand

Average cement prices slumped to a 51-month low around July-end and the first half of August, and only rose marginally in the later part of the quarter

Nearly 50% of construction workers' welfare cess funds unutilised

As on March 31, only Rs 64,193 crore was spent on workers' welfare, while Rs 47,800 crore remained unutilised

Two units of Adani Road Transport accept bids for Rs 1,125 cr bond issue

Mancherial Repallewada Road and Suryapet Khammam Road accepted bids worth Rs 237 crore and Rs 282 crore

NGT issues notice over construction works endangering Punjab ecosystem

The National Green Tribunal has sought a reply from authorities, including the regional office of the Union Ministry of Environment, Forest and Climate Change (MoEFCC) in Punjab, in a matter regarding the alleged extensive construction activities in Chandigarh's periphery which was threatening the local ecosystem. The green body was hearing a matter where it had taken suo motu (on its own) cognisance of a newspaper report regarding the Punjab forest department raising alarm over the activities. In an order dated October 1, a bench of NGT Chairperson Justice Prakash Shrivastava said, "As per the article, the Punjab forest department has flagged several sites in Mirzapur, Jayanti Majri, Karoran, Bharonjian, Siswan and Nada villages, where construction is taking place on lands recently de listed from forest status. It is alleged that developers are reportedly building farmhouses and plots in these areas, violating the Supreme Court guidelines on de listed forest lands and these lands,

Top eight listed developers pare debt by 54% in Q1 FY25, says report

Net debt of the top eight listed developers collectively stands at approx. Rs 20,808 crore as of Q1 FY25-end

NBCC arm gets Rs 1,000 crore contract to develop Gondwana University campus

State-owned NBCC said its arm Hindustan Steelworks Construction has bagged a Rs 1,000-crore contract to develop the campus of Gondwana University in Maharashtra. In a regulatory filing, NBCC said its subsidiary Hindustan Steelworks Construction Ltd has recently been awarded a Rs 1,000-crore contract to develop the campus of Gondwana University, Gadchiroli, Maharashtra. NBCC is mainly into project management consultancy and real estate businesses.

Construction sector helps to lift US private payrolls in Sep, shows data

Private payrolls increased by 143,000 jobs last month after rising by an upwardly revised 103,000 in August, the report showed

Signature Global gives Rs 320 cr contract to ACC to build housing project

Realty firm Signature Global has given Rs 320 crore contract to ACC India for construction of its luxury housing project in Gurugram. The company has appointed ACC India Pvt Ltd for civil, structure and part MEP work for all the towers, basements and other ancillary buildings for its group housing project 'Twin Towers DXP' in Sector 84, Gurugram, Haryana. The total contract value is Rs 320 crore, the company said in a statement. Signature Global has not launched this project for sales. Lalit Aggarwal, Vice Chairman, Signature Global, said, "This is going to be one of the finest projects that we will be executing and will be a crowning jewel in our portfolio." "It will be one of the tallest in the area and Arabian Construction Company, along with their Indian subsidiary ACC India, is known for constructing many prominent towers in the Middle East and India, showcasing their proven expertise in delivering this project," Aggarwal said. Ani Ray, Managing Director of ACC India Pvt Ltd

Cement makers may end H1FY25 with higher raw material costs, weak pricing

In a judgement passed in August, the Supreme Court upheld states' authority to impose additional taxes on minerals, including limestone, with effect from April 2005

Ram Temple complex construction to be concluded by June 2025: Officials

Ram Temple Construction Committee chairperson Nripendra Misra on Friday said that the work on Ram Temple complex will be concluded by June 30, 2025. Friday was the second day of the three-day meeting of the Ram Temple Construction Committee being held in Ayodhya. In a statement issued, Misra said, "It is estimated that the construction of the (temple's) 'Shikhar' (spire) will take about 120 days. Our target was December, but it is not possible." "The construction of the spire will be completed by February 2025. The idols of the Sapta Mandir being built in the complex are being made in Jaipur. The idols of sages and saints would be installed here. This work will be completed by December 2024. The work of the Ram Mandir complex will be completed by June 30, 2025," Misra said. Meanwhile, a member of Shri Ram Janmabhoomi Teerth Kshetra Trust Anil Mishra on Thursday said that the trust is working to ensure that the supplies of essential stones required for the construction are unloaded