ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

Navayuga Engineering eyes global market after bagging Guinness record
Concrete

Navayuga Engineering eyes global market after bagging Guinness record

After securing the Guinness World Record for the largest continuous concrete pour at the Polavaram irrigation project, engineering and construction firm Navayuga Engineering Company (NEC) is planning to eye global markets with its world-class equipment and expertise in completing critical projects in a record time. 

NEC is reportedly on the lookout to execute Rs 300 billion of projects on hand over the next three years in order to break into India’s top 10 engineering and construction companies. Apart from the Rs 30-billion hydel power project on an engineering, procurement and construction (EPC) basis, the company is executing around Rs 34 billion of civil works of the Polavaram project. 

The Polavaram irrigation project in Andhra Pradesh, currently under construction, involves Rs 570 billion in outlay including land acquisition, rehabilitation and resettlement. The project is expected to irrigate a total of 42 lakh acre of ayacut in two phases, supplying water to all 13 districts of Andhra Pradesh. Considered to be the lifeline of Andhra Pradesh, the project involves 48 gates, each 20-m-high spanning 1.19 km, requiring pouring of 36.7 lakh cu m of concrete, 50,000 tonne of steel and 9.3 lakh tonne of cement, which has all been completed in a record time. It also includes a 930-MW hydel power project. 

At present, NEC is executing a few works in Qatar and is looking to bid for dam projects and hydel projects in Africa and Bhutan. The company is rooting to touch a topline of Rs 60 billion this fiscal. 

After securing the Guinness World Record for the largest continuous concrete pour at the Polavaram irrigation project, engineering and construction firm Navayuga Engineering Company (NEC) is planning to eye global markets with its world-class equipment and expertise in completing critical projects in a record time.  NEC is reportedly on the lookout to execute Rs 300 billion of projects on hand over the next three years in order to break into India’s top 10 engineering and construction companies. Apart from the Rs 30-billion hydel power project on an engineering, procurement and construction (EPC) basis, the company is executing around Rs 34 billion of civil works of the Polavaram project.  The Polavaram irrigation project in Andhra Pradesh, currently under construction, involves Rs 570 billion in outlay including land acquisition, rehabilitation and resettlement. The project is expected to irrigate a total of 42 lakh acre of ayacut in two phases, supplying water to all 13 districts of Andhra Pradesh. Considered to be the lifeline of Andhra Pradesh, the project involves 48 gates, each 20-m-high spanning 1.19 km, requiring pouring of 36.7 lakh cu m of concrete, 50,000 tonne of steel and 9.3 lakh tonne of cement, which has all been completed in a record time. It also includes a 930-MW hydel power project.  At present, NEC is executing a few works in Qatar and is looking to bid for dam projects and hydel projects in Africa and Bhutan. The company is rooting to touch a topline of Rs 60 billion this fiscal. 

Next Story
Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..

Next Story
Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

Next Story
Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement