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KEC Bags Orders of Rs. 10.97 Billion in International T&D Business
KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs 10.97 billion (bn) in its Transmission and Distribution (T&D) business. The company has won an order for setting up of 400 kV Transmission lines in UAE. It has also received an order for the supply of towers, hardware and poles across the United States, Mexico and Brazil. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are delighted with the continuous success in our T&D business, demonstrated by the series of significant order wins. The consistent flow of orders from..
Industry Urges PLI scheme to Boost Domestic Electric Air Taxi Production
Electric vertical take-off and landing (eVTOL) aircraft, commonly known as air taxis, represent the next significant advancement in air mobility. Across the globe, prototypes are being tested while regulatory frameworks are still in their formative stages. Countries like China, the US, and the UAE are actively preparing for this emerging mode of transportation. In India, the Confederation of Indian Industry (CII) has recommended that the government extend the Production Linked Incentive (PLI) scheme to support domestic manufacturing of eVTOLs. Currently, the Ministry of Civil Aviation offers ..
CHB Cancels 29 Flats Over Licence Fee Defaults
The Chandigarh Housing Board (CHB) has intensified its enforcement against allottees defaulting on outstanding licence fees. Following the revocation of 126 small flats in December, the CHB nullified the allocation of 29 additional dwellings in the first week of the new year. These cancellations pertain to houses under the Small Flats Scheme in Sector-49 and other areas. The 29 flats have pending licence fees ranging from Rs 40,000 to ?1.50 lakh per unit. Defaulters have been directed to vacate the properties within a month and surrender possession to the board. The CHB recently published a li..