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GMR Smart Electricity secures work order worth Rs 5,123 cr
The project seeks to reduce AT&C losses in the designated area and improve the operational and collection efficiency of distribution companies in the state.The estimated cost to carry out the work in the Prayagraj and Mirzapur Zone is Rs 2,386.The contract is to be executed within 27 months from the commencement date, and the operational period will run for 93 months.72 crore and Varanasi and Azamgarh Zone is expected to cost around Rs 2,736.GMR Smart Electricity Distribution (GSEDPL) has received a letter of award (LoA) from Purvanchal Vidyut Vitran Nigam (PUVVNL) to implement a smart metering project in the Purvanchal area of Uttar Pradesh, including Varanasi, Azamgarh, Prayagraj and Mirzapur.

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🇮🇳 India · 🗓️ September 05, 2023 · Construction

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PMI Electro Mobility plans to double manufacturing capacity
The doubling of capacity is likely to be completed by early 2025, as PMI is set up to meet its delivery schedules.Rs 250 crore to partially finance the doubling of manufacturing capacity and meet capital requirements.On completion, it is expected to add another 3,000 units of capacity annually.To date, PMI has an annual manufacturing capacity of 1,500 units, which can be increased to 2,500-3,000 units on multiple shifts, at its Dharuhera plant in Haryana.As part of its expansion plan, the company is setting up a new manufacturing facility in Pune, Maharashtra.

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🇮🇳 India · 🗓️ September 05, 2023 · Construction

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Maharashtra RERA finalizes criteria for proposed grading of housing projects
MahaRERA is the first real estate authority in the country to undertake the exercise to rate the projects this way and is planning to grade the project initially and then the promoters.Four important snapshots of the project will be released in the second and final phase based on the above information to determine the ranking.is expected to be released in the first phase.This rating will be determined automatically by the technology department of MahaRERA based on the information shared by the developers with the regulator.The objective information of the project including project details, location, developer, facilities etc.

🇮🇳 India · 🗓️ September 05, 2023 · Construction

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Finland's SuperPark plans 25-30 indoor parks in India in 5 years
SuperPark started in 2012 in Finland and started going global in 2017.Entertainment and fun parks, the worst impacted business due to the pandemic, are considered among the "footfall generators" for malls.With aggressive expansion planned by leading mall operators, entertainment parks are expected to play a big role in drawing consumers to the malls."India will have entertainment zones like Dubai, which will cater to all age groups and help in the revenue of shopping mall."Finland's SuperPark, which operates indoor activity parks in five countries, is in talks with leading mall developers in India to open its franchise, three people aware of the development said.

🇮🇳 India · 🗓️ September 05, 2023 · Construction

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EFC India starts 65,000 sq ft co-working centre in Noida to expand biz
EFC will itself occupy 25,000 square feet of office space, the company said in a statement.The company has over 1." Listed on BSE, EFC (I) Ltd clocked in Rs 57.Umeash Sahhaaii, Founder & CEO of EFC (I) Ltd, said, "Delhi NCR has been among the top three national markets in office leasing.5 million sq ft of office space housing 25,000-plus seats.

🇮🇳 India · 🗓️ September 05, 2023 · Construction

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