Abnormally high bids (in terms of payment of premium to the procuring authority) were responsible to a great extent in contributing to the financial ruin of many in India’s roads sector during the days of […]
The past 12-15 months have been a mixed bag for the road sector. The second wave of Covid-19 was a huge setback for the road sector, as well as the entire construction industry. Following the […]
Power major L&T Power had a fairly good year with order inflows of Rs 28 billion from Indian and overseas markets. Its order book is likely to grow further with orders expected to be placed […]
In India, the construction of tunnels is primarily undertaken by domestic contractors with very few foreign players present in the segment. […]
Tunnel development in India is driven by investments in the hydropower, railway, road and highway, metro rail, and water and sewerage sectors. […]
The construction industry is highly fragmented due to the presence of many organised as well as unorganised players. Across the industry, there are few long-term associations between contractors and clients, and there is a lack […]
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