HMPL Wins Rs 1 Billion Steel Contract in Maharashtra

27 Feb 2025 CW Team

Hazoor Multi Projects (HMPL) has been awarded a contract worth Rs 1.02 billion for steel-related works in Maharashtra. The order, issued by Venkatesh Infra Projects, involves reinforcement steel cutting, bending, fixing, and fabricating structural steel for a bridge under construction at the Versova-Bandra Sea Link project site in Mumbai. The execution of the project is expected to be completed within six months.

HMPL specializes in engineering, procurement, and construction (EPC) services, primarily focusing on renewable energy and infrastructure projects, including roads and bridges. The company has been actively expanding its presence in the infrastructure sector with a strong emphasis on large-scale projects.

In addition to this contract, HMPL is working on plans to establish a 500 MW solar power project in Andhra Pradesh. The proposed project entails an investment of Rs 25 billion, reflecting the company鈥檚 commitment to advancing renewable energy initiatives in India.

With a growing portfolio in both infrastructure and renewable energy, HMPL continues to strengthen its position in the industry, leveraging its expertise in EPC services to execute complex projects efficiently. The latest order further reinforces its role in contributing to major infrastructure developments in Maharashtra.

News source: The Hindu Businessline

Technology

14 May 2025

HCL-Foxconn to invest Rs 37 billion in chip plant near Jewar airport

The Union Cabinet has approved the establishment of a new semiconductor unit near Jewar airport in Uttar Pradesh under the India Semiconductor Mission. This sixth plant, a joint venture between HCL and Foxconn, marks further progress in India鈥檚 semiconductor journey. The project will see an investment of Rs 37 billion.The facility will produce display driver chips for mobile phones, laptops, automobiles, PCs, and other digital devices. It is designed for a monthly capacity of 20,000 wafers and an output of 36 million units.Five semiconductor units are already in advanced stages of constructi..

Real Estate

14 May 2025

Brigade acquires Velachery land for Rs 16-billion project

Brigade Enterprises has acquired a 5.41-acre land parcel on Velachery Road, Chennai, through an outright purchase for Rs 4.417 billion. Located next to Phoenix Market City, the site will be developed into a premium residential project with a gross development value of approximately Rs 16 billion and a development potential of 0.8 million square feet.The project offers strategic access to both the OMR IT Corridor and Chennai鈥檚 Central Business District, promising strong connectivity and premium lifestyle offerings. Brigade plans to create signature residences focused on aesthetics, functional..

Equipment

14 May 2025

Liebherr marks 10,000th XPower wheel loader milestone

Liebherr-Werk Bischofshofen has rolled out its 10,000th XPower wheel loader, marking a major production milestone. The anniversary L 580 XPower model, featuring a power-split travel drive developed with ZF Friedrichshafen AG, was handed over to the BERGER Group in Passau.鈥淭he transmission from our partner ZF is a key component of the drivetrain in our XPower wheel loaders,鈥� said Gerhard Pirnbacher, Head of Quality Management at Liebherr. 鈥淲ith an impressive total of around 64 million operating hours already clocked up by XPower models, this transmission has proven its exceptional robustn..