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JSPL’s production jumps 20% year on year in 1QFY22 despite lockdown restrictions

Narendra Shah
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0
JSPL’s production jumps 20% year on year in 1QFY22 despite lockdown restrictions

New Delhi (Metro Rail News): In the first quarter of FY22, Jindal Steel & Power Limited (JSPL) continued to report strong production. Steel production increased 20% year on year to 2.01 million tonnes (June 21 – 0.64 million tonnes), setting a new first-quarter record and ranking as the second-highest quarterly output ever. The company’s deliberate decision to divert oxygen toward saving precious human lives resulted in a slight reduction in production. We are confident in achieving the FY22 production target of 8.0-8.5 million tonnes due to our strong performance in 1QFY22.

Key Highlights:
● Steel Production was up 20% Y-o-Y in 1QFY22 to 2.01million
tonnes
● Sales of 1.61 million tonnes were up 3% (Y-o-Y)
● Exports accounted for 34% of total sales volumes


Despite challenging domestic demand conditions caused by a more severe than anticipated second wave of COVID-19, JSPL sales remained resilient at 1.61 million tonnes (+3 percent year on year). Export markets remained buoyant, accounting for 44% of volumes in the month of June 21 and 34% in 1QFY22. Exports, however, were harmed by logistical difficulties caused by adverse weather conditions that resulted in port congestion. 1.5 tonne inventory

Thousands of tonnes remain stranded at the port and will be shipped as soon as logistical bottlenecks are removed.

In Million tonnes1QFY221QFY21Y-o-Y
Production2.011.6720
Sales1.611.563
Export34%58%

“We are happy that despite pandemic adversities the company has maintained the growth momentum and an upward trajectory. We aim to produce 8.0-8.5 Million tonnes of steel in FY22 in line with our core philosophy of nation building and working towards a self-reliant India. We also aim to reduce our overall debt to INR9,900 Crores by the end of this financial year. We are confident that the India growth story is intact and our economy will continue its growth trajectory, `said Mr V R Sharma, Managing director of JSPL in a statement.

Shares of JINDAL STEEL & POWER LTD. was last trading in BSE at Rs.390.05 as compared to the previous close of Rs. 394.2. The total number of shares traded during the day was 435891 in over 6256 trades.

The stock hit an intraday high of Rs. 397.6 and intraday low of 387.45. The net turnover during the day was Rs. 171611101.

DMRC introduces new construction technology for launching U-Girders

Narendra Shah
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1
DMRC introduces new construction technology for launching U-Girders

NEW DELHI (Metro Rail News): As a major innovation in construction technology, Delhi Metro Rail Corporation (DMRC) has come up with a specially designed Launcher attached with a Transporter for the launch of U-girders on the elevated section of the 28.92 km long Janakpuri West – RK Ashram Line of Delhi metro.


As per the press release of DMRC, in the earlier phases of construction, erection of U-girders was done with the help of two cranes of capacity 350/400T which were placed at each pier location, and the U-girders were transported at each pier location with the help of a long trailer having an approximate length of 42m. In a congested urban area like Delhi, it used to be very challenging to find adequate space for positioning these heavy capacity cranes which occupy a lot of space. In addition, transporting the U-girders of 28m length with such long trailers was also a herculean task as roads in the NCR are either too congested or have massive traffic volumes even during the nighttime.  These limitations often discouraged the use of U-girders in construction in spite of the fact that the U-girders are the most suitable structures for viaducts in terms of cost and time.


According to DMRC, this new state-of-the-art Launcher with Transporter is fully electric with much higher output in comparison to the conventional launchers/cranes.  The Transporter carries the U-girder from one designated point and moves forward on rails laid on the already erected U-girders to further add more U-girders from the feeding point to the launcher. As a result, the U-girders are to be transported on trailer only up to the feeding point identified at a suitable location and not for the entire length of work. This results in much less requirement of space. 


Through this new Launcher with Transporter, 4 to 6 U-girders per day can be erected on an average whereas, with the conventional method, about 2 U-girders can be done in congested working environments like in Delhi – NCR. The erection work of U-girders with conventional cranes can be done only during the night as it requires blocking of roads to position the cranes. Whereas in case of this new technology, U-girders are transported with the Transporter on the erected viaduct without any interface with road from a single identified feeding point. This technology is being used for the first time in India.


The Launcher today has been made operational for the construction of a 9.5 km long
viaduct from Mukarba Chowk to Ashok Vihar covering four stations namely Bhalswa, Majlis Park, Azadpur and Ashok Vihar and a connection to depot from Majlis Park.

Safety check conducted for PCMC-Dapodi section on Line-1 of Pune Metro

Narendra Shah
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0
Safety check conducted for PCMC-Dapodi section on Line-1 of Pune Metro

PUNE (Metro Rail News) : Safety and technical check were conducted for the PCMC-Dapodi section on Line-1 of the Pune Metro Rail Project on Sunday by the Maha Metro (Maharashtra Metro Rail Corporation Limited).

According to the General Manager of Maha Metro, Hemant Sonawane, “It was a two-hour inspection which was done yesterday (Sunday).”

Maha Metro aims to start operation on PCMC to Phugewadi section of 6.2 km of Pune Metro by this year which is a part of under-construction Line-1 from PCMC to Swargate of length 16.59 km which will have 14 stations on the route.

Regarding construction update on metro stations in this section, work on Tukaram Nagar station is completed while work on Phugewadi station is in the final stages with almost 90% of work is being completed on this station.

On Pimpri, Kasarwadi, and Dapodi stations, construction work is in advanced stages and around 50-60% is completed on the Bopodi station. As per metro officials, construction of viaduct is also completed on the PCMC –Dapodi section.

Another section from Vanaz to Garware College of length 5.4 km is also expected to become operational this year which is a part of Line-2 from Vanaz to Ramwadi of length 14.665 km with 16 elevated stations on the route.

Noida Metro Extension Line stations to have commercial space to boost revenue

Narendra Shah
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Noida Metro Extension Line stations to have commercial space to boost revenue

NOIDA (Metro Rail News): The upcoming Metro Stations on the proposed 14.95 km long extension of Aqua Line from Noida Sector 51 to Knowledge Park V in Greater Noida will have commercial pace for food outlets, retail outlets, and bars to increase earning and boost revenue.
At present, the Aqua Line, which the Noida Metro operates, does not have any such space and its revenue sources are ticket sales and advertisements. The Delhi Metro formula for stations will help earn more, said Ritu Maheshwari, the Managing Director of Noida Metro.
She also said that we have decided to develop more commercial space at all Metro stations to be built on this new corridor. We have observed that Delhi Metro stations have commercial space. Therefore we have decided to increase the floor area ratio to use as much space as possible for commercial purposes to earn more revenue.
For this purpose, the authority needs to amend its building by-laws and the City’s Master Plan 2031 to increase the floor area ratio from the current 2.5 to 4.5. As per the officials, they have started this process and it is expected to be completed soon. The changes will be applicable to the Metro project only.
According to an official of Noida Authority, the stations will in a way be able to function as small shopping malls, wherever there is adequate space, thereby earning more revenue.”
This 14.95 km long extension of Aqua Line under Phase-2 of Noida Metro will be built in two phases with a total of nine stations. The first phase would be between Noida Sector 51 and Greater Noida Sector 2 of length 9.6 km. There will be five stations in the first phase while the second phase would be between Greater Noida Sector 2 and Knowledge Park V of length 5.8 km and it will have four stations.

Rahee Infratech lowest bidder for Kolkata Metro Line-6 ballastless track contract

Narendra Shah
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0
Rahee Infratech lowest bidder for Kolkata Metro Line-6 ballastless track contract

KOLKATA (Metro Rail News): Rahee Infratech Ltd. has emerged as the lowest bidder for the construction of double line ballast track for an elevated portion from Nicco Park to Titumir on Line-6 of Kolkata Metro which will have a length of 29.87 km connecting New Garcia with Netaji Subhash Chandra Bose International Airports with 24 stations on the route.

Rail Vikas Nigam Limited (RVNL) invites bids for this work in February this year with an estimated cost of INR 130.48 Crores and a completion period of 24 months. Technical bids were opened in April in which the names of seven bidders were revealed. Later, five bidders were disqualified. The bid values of the remaining two technically qualified bidders are –

  • Rahee Infratech Ltd. – INR 122.59 Crores
  • Texmaco Rail & Engineering Ltd. – INR 132.45 Crores

Tender Notification Number – RVNL/KOL/NGA-AIRPORT/METRO/BLT/NICCOPARK-TITUMIR

Name of Work – Construction of Double Line Ballast Less Track (BLT) for Elevated Viaduct Portion Between Nicco Park Having Ch. (13841.585 M) to Titumir Ch. (25891.527 M) including Points and Crossings, etc. In Connection with Construction of Metro Railway Corridor from New Garia to Airport Corridor, in the City of Kolkata.

As the bid value quoted by Rahee Infratech is below RVNL estimates, it should receive a Letter of Acceptance (LOA) from RVNL in the coming weeks. The proposed work consists of the construction of a double line ballastless track over an elevated viaduct for a length of approximate 12.875 km.

This section with eleven stations is under construction at present, work for which is awarded in two packages i.e. Package – ANV3 from Nicco Park to Sub CBD-1 to Afcons Infrastructure Ltd. and Package – ANS3 from Sub CBD-1 to Titumir to ITD Cementation India Ltd.

DMRC to monitor Delhi Metro Phase-4 and Patna Metro through indigenous custom made software

Narendra Shah
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0
DMRC to monitor Delhi Metro Phase-4 and Patna Metro through indigenous custom made software

NEW DELHI (Metro Rail News): Delhi Metro Rail Corporation (DMRC) has implemented a custom-made project monitoring software known as the Integrated Project Monitoring Software (IPMS) for monitoring the progress of Delhi Metro Phase-4 and the Patna Metro.

As per DMRC, all the stages of project planning and implementation right from the tender stage to revenue operation of each corridor will be monitored through IPMS including the issues of work front availability such as land availability, tree transplantation and shifting of services and design status. For this purpose, corridor wise Master Construction Schedule has been prepared and uploaded in IPMS.

The IPMS also has the features of integrating other construction-related software such as Primavera Schedules for Project Planning and 3D BIM (Three-Dimensional Building Information Modelling) and a Mobile App through which the actual progress at site is real-time basis can be uploaded in IPMS.

The software was launched in April earlier this year and is being used to monitor the progress of contract packages awarded and in progress. As the works get gradually awarded, they are integrated in IPMS.

IPMS will monitor the progress of work of all disciplines – Civil, Electrical & Mechanical and Signalling & Telecommunication contract package wise at the Chief Project Manager and Project Manager levels and Corridor wise at the Directors and Managing Director level.

Till Phase 3, DMRC’s project monitoring was being done offline. With the implementation of this new technology, DMRC’s engineers can now monitor the progress of work through this dedicated platform.  Specially designed dashboards will feature progress of all major components of construction and their status can be checked just by the click of a button.

The implementation of this software will enable easier round the clock monitoring of projects, as the IPMS portal can be accessed from anywhere on mobiles, laptops, computers. This will also help in better record keeping and knowledge sharing among the engineers.

This project by DMRC is an excellent example of the government’s Digital India as Well as Atmanirbhar Bharat initiatives. A consortium of three Indian companies has been assigned with this responsibility and Indian Engineers have indigenously developed the software.

Private agency to operate Delhi Metro’s Yellow Line

Narendra Shah
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0
Private agency to operate Delhi Metro’s Yellow Line

NEW DELHI (Metro Rail News): Delhi Metro Rail Corporation has appointed a private agency JMD Consultants Pvt. Ltd. to look after the operations of 48.8 km long Yellow Line of Delhi Metro for the next 3 years. For this purpose, JMD Consultants has appointed a total of 153 metro train operators (Drivers).

So far, training has already completed for 70 drivers at Delhi Metro Rail Academy at Shastri Park while for the remaining 83 drivers, training is still going on. The responsibility of training these drivers is with the DMRC.

As per DMRC, drivers appointed by the agency will look after the operations of metro trains plying on this line under the supervision of the department. The maintenance responsibility will continue to remain in hand of DMRC.

In June 2020, DMRC issued a Letter of Acceptance (LOA) to JMD Consultant for the contract of Train Operation Services of Yellow Line (Line-2) at a total cost of INR 26.76 Crores.

DMRC has already given the responsibility of cleanliness and token sale at metro stations to private players and now for the first time, it has given operational responsibility of any metro line to a private company.  DMRC has made preparations to gradually hand over operational responsibility of all other lines to private agencies in a phased manner.

DMRC has taken this decision due to financial crises and to reduce the cost of operations. The situation is further worsened due to the Covid-19 pandemic and the resultant lockdowns, due to which Delhi Metro services remain shut down for months. Even at present, Delhi Metro is operating at very low capacity due to which commuters continue to face problems and financial losses due to loss of revenue continue to increase.

Revenue records for the FY 2020-21 of DMRC show that revenue from traffic operations, which includes income from tickets, feeder bus services and rentals, and other services stood at INR 895.88 Crores in comparison to INR 3,897.29 Crores in FY 2019-20.

DMRC financials books also show that in 2020-21, the agency ran into deficits of INR 1,784.87 Crores, as against a surplus of INR 758.01 Crores in 2019-20. In 2018-19, DMRC recorded a surplus of INR 1,027 Crores.

DMRC is also repaying loans amounting to INR 808.70 Crores and INR 433.85 Crores as an interest to the JICA (Japan International Cooperation Agency) which was utilized in the expansion of Delhi Metro rail network.

Phugewadi Metro station in Pune is almost 90% complete

Sandip Kumar
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Phugewadi Metro station in Pune is almost 90% complete

PUNE (Metro Rail News): The Maharashtra Metro Rail Corporation on Limited (MahaMetro) has finished 90 per cent of the Phugewadi Metro state and intends to finish the remainder in the coming days.

After Sant Tukaramnagar, Phugewadi is the second station to be completed on the Pimpr-Dapodi priority line. In the initial phase, Maha Metro intends to launch a full-fledged service between these two stations.

According to authorities, the majority of work on the interior of the station has been completed, including the installation of platforms and wiring. Work on the exterior or, foot over bridge, and stairs are now in progress. The station would initially feature two steps leading from the footpath on both sides of the road. More entrances will be added if needed in the future, according to authorities.

“We have accelerated work at the Phugewadi station.” The outside work will be finished soon. “At the spot, many agencies are collaborating,” stated a MahaMetro official.

“The station will have two floors,” the source stated. The first will house the concourse, where commuters may buy tickets or swipe their card. The platform will be located on the second floor. Escalators and a lift will also be installed at the station to offer convenient access to the concourse and platform. There will also be a waiting area and direct on boards.’

“The MahaMetro has already finished the building of the viaduct on the Pimpri-Dapodi line,” said Hemant Sonawane, general manager (PR) of Maha Metro. The building of stations is now the top priority. Other stations, including Pimpri, Nashik Phata, Kasarwadi, and Dapodi, are also nearing completion. The construction of a station is the most essential aspect of the Metro project since it entails a great deal of technical labour, such as the setup of control rooms for signalling, track monitoring, and commuter facilities.
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“

The work on the through duct across the Mula River at Harris Bridge has begun, according to Maha Metro. After crossing the river, the Metro will proceed to Khadki.

Chennai Metro to select Consultant for providing Transaction Advisory Services including Feasibility & Market Study

Narendra Shah
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0
Chennai Metro to select Consultant for providing Transaction Advisory Services including Feasibility & Market Study

CHENNAI (Metro Rail News): Chennai Metro Rail Limited (CMRL) has invited tenders for selection of Consultant for Providing Transaction Advisory Services Including Feasibility & Market Study, Formulation of Non Fare Box Revenue Business Plans, Project Structuring and Bid Process Management Services, For CMRL Land Parcels and Built-Up Spaces within Chennai Metro Rail Stations.

Important Details

Contract No – CMRL/BD-500/1/2021-BD DEPT/2021

Documents Download Date – From 30/06/2021 to 20/08/2021 up to 15:00 Hrs

Pre Bid Meeting Date – 15/07/2021 at 11:00 Hrs

Due Date of Bid Submission – 20/08/2021 up to 17:00 Hrs

Bid Opening Date – 21/08/2021 at 15:05 Hrs

Scope of Work

As per tender inviting notice, the objective of inviting this tender is that the selected Consultant will assist CMRL in enhancing the revenue from Commercial development and to ensure the tapping of the unutilized potential of CMRL’s assets towards generation of non-fare revenue.

Broad scope of work to be carried out by the consultant is indicated below –

  • Formulation of Non Fare Box Revenue Business plans taking into account Business Plan of CMRL. To enhance existing and on-going plans and to propose new opportunities. To suggest the optimum disposal strategy for Licensing of the retail spaces within existing stations of CMRL.
  • Feasibility Study and Transaction Advisory Service for Existing and New Land Parcels up to the stage of transaction completion till signing of Agreement after issue of LOA.
  • Enhancement of revenue from Advertisement (At Stations, Metro Trains and on new mediums)
  • Augmentation of revenue from other Sources. Consultant to identify additional sources.
  • Preparation of suitable policy and procedure documentation where required, to ensure successful achievement of desired outcomes.
  • Planning and implementation of suitable Marketing/Promotional strategies through various mediums to ensure maximum reach and impact of the various commercial CMRL proposals.

For more details, interested applicants can download the tender documents from the e-procurement website – http://eprocure.gov.in/eprocure/app.

Tila Consultants-Monarch Surveyors consortium wins SIA contract for Varanasi-Howrah HSR Project

Narendra Shah
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0
Tila Consultants-Monarch Surveyors consortium wins SIA contract for Varanasi-Howrah HSR Project

NEW DELHI (Metro Rail News): Consortium of TIla Consultants & Contractors Private Limited and Monarch Surveyors & Engineering Consultants Pvt. Ltd. has received Letter of Acceptance (LOA) from National High Speed Rail Corporation Limited (NHSRCL) for preparation of Detailed Social Impact Assessment (SIA) and Resettlement Action Plan (RAP) for Varanasi-Howrah High Speed Rail Corridor.

NHSRCL invited tenders for this work on 20th January this year with completion of 6 months. The contract is awarded at value of INR 4.49 Crores.

Contract Package No – NHSRCL/CO/CA/SIA/2021/04

Name of Work – Conducting Survey / Field Work & Preparation Of Detailed Social Impact Assessment (SIA)/ Resettlement Action Plan (RAP) For Varanasi-Howrah High Speed Rail Corridor (About 760 Kms Long).

Varanasi – Howrah High-Speed Rail Project is a proposed 760 km high speed rail line that will connect Varanasi with Kolkata via Patna. At present, NHSRCL is preparing Detailed Project Report (DPR) for this project.

NHSRCL has awarded the work of final alignment design including Aerial LiDAR survey and other related works for this project to the consortium of Growever Infra Private Limited, L N Malviya Infra Projects Pvt. Ltd. & Prabhavi. The awarded value for this work is INR 14.5 Crores with completion period of 150 days.

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