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WMI KONECRANES BAGS ORDER FROM JSW STEEL WORTH `58 CRORE WMI Konecranes has bagged the order to supply 21 heavy duty cranes worth `58 crore to JSW steel. WMI Konecranes (formerly WMI Cranes Ltd) is a 100% subsidiary of Konecranes Plc, Finland. Konecranes Plc acquired 100% stake in WMI Cranes in August 2011 after which, the company’s name was changed to WMI Konecranes India Ltd. This order is one of the biggest single orders in terms of number of cranes to be supplied and the total value in the Indian crane industry. WMI Konecranes has supplied more than 4,000 cranes till date and is a
dominating market leader in the steel industry crane market segment. WMI Konecranes has been a preferred supplier for cranes to JSW Steel right from the inception of their plant. These cranes will be used for the critical coil handling application in the Cold Rolling Mill in JSW steel plant complex at Torranagallu, Hospet, Karnataka. These cranes will be integrated as a part of the state-of-theart, automated coil yard management system in the Coil Rolling Mill of this steel plant. This single order consist of three 50 tonne cranes, two 50/10 tonne cranes, one 60 tonne crane,
INFRASTRUCTURE IN 12TH PLAN: A ‘REVOLUTIONARY’ OPPORTUNITY A rapidly developing economy coupled with a fast-growing population puts extra pressure on a nation’s infrastructure. India thus cannot afford to overlook those methods, which improve infrastructure, especially project management. This was the topic of discussion at an exclusive session – ‘Role of Project Management in Creating Sustainable Infrastructure’ – organised by the Confederation of Indian Industry (CII). Boman Irani, Chairman & MD, Rustomjee Group, emphasised upon the need for proactive government support for the industry. He said, “The government needs to be an important player in the development of urban centres. Owing to the tremendous pressure on the nation’s infrastructure, there is a need for constant industry and government engagement to foster infrastructure development.” The 12th Five Year Plan that begins from April 2012 has revolutionary allocation on infrastructure. This is a great opportunity for the industry to work with the government to achieve better infrastructure for the nation, thus serving the society while also growing at the same time. V Suresh, Principal Executive Officer, HIRCO Ltd (Former CMD
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HUDCO), also put the onus on the government, when he said, “Half of India’s population, i.e., 450–500 million will be added between 2001 and 2030. How do we update the old infrastructure and build new ones to cope with this pressure? The industry will take care of onsite infrastructure, but it is offsite infrastructure like roads, rails, water supply, etc., where the government needs to step-up and be a critical differentiator.” He talked about the need for technology upgradation in infrastructure, comprehensive planning, designing and implementation, supply chain management, skill development, time management, etc. Supplementing his views, Anshuman Magazine, Conference Chairman & Chairman and MD, CBRE South Asia, said, “The biggest challenge the country is facing today is the implementation of infrastructure projects on time, with the cost and quality being optimal. This can only happen with proper project management.” He added, “We are a maturing economy. Hence, it is much more important to plan, share ideas and see how project management can improve the quality of infrastructure.”
two 60/10 tonne cranes, five 35 tonne cranes, seven 35/10 tonne cranes and one 15 tonne crane for maintenance application. All the cranes are fully automatic backed by the time-tested technology of WMI Konecranes since past four decades. Saeesh Nevrekar, VP, WMI Konecranes India Ltd, said, “The cranes are expected to be delivered to JSW Steel’s Torranagallu plant by the end of 2012. JSW Steel has been one of our prestigious and biggest customers. This order is no less than a positive acknowledgment to our quality products and customer satisfaction.”
LANCO SOLAR COMPLETES 56MW SOLAR PHOTOVOLTAIC POWER PLANT IN GUJARAT Lanco Solar, a fully owned subsidiary of Lanco Infratech Ltd, has recently announced that it has completed a total of 56 MW grid connected Solar Photovoltaic Power Plants in Gujarat. This includes three plants of 35 MW owned by Lanco Infratech Ltd and additional 21 MW built as turnkey EPC for other developers—the Gujarat Power Corporation Ltd (5 MW), GSPC Pipavav Power Company Ltd (5MW), GHI Energy Pvt Ltd (10 MW) and Gujarat State Electricity Corporation Ltd (1 MW). These power plants will generate up to 90 million units of green electricity annually resulting in the reduction of CO2 emissions by 85,757 tonne, annually. “Gujarat Solar Park is Asia’s largest solar park being dedicated by Chief Minister Narendra Modi to the nation. The Park is the “first of its kind in the world, being the largest, multi-developer, multi-facility park to encourage investment in the sector. Lanco is happy to be part of this prestigious solar park community in Gujarat”, said Madhusudhan Rao, Chairman, Lanco Group.