Sreeja

Name	:	sreeja
Website	:	Visit Website
Blog	:	Visit Blog
Social Links	:

Ongoing Mega Infrastructure Projects in India

Sreeja21 Dec, 2022Business

The Indian economy has been one of the fastest-growing economies not only in South Asia but also in the whole world. In the last three decades, India has achieved new milestones in terms of a thriving economy. Sectors like real estate, construction, manufacturing, IT (Information Technology), and pharmaceuticals have a great role in this prosperity. But it is the development of the infrastructure sector that has really been the economic driver.

All You Need to Know About an Energy Storage System (ESS)

Sreeja20 Dec, 2022Business

An energy storage system (ESS) is a device or group of devices used to store energy and supply it for later use. Battery, chemical, electrochemical, mechanical, and thermal are some of the popular energy storage systems available to meet everyday energy needs.

International Competitive Bidding: A Comprehensive Guide

Sreeja19 Dec, 2022Business

International competitive bidding (ICB) is a process in which companies from different countries compete to provide goods, services, or works to a buyer. This process is often used by governments and international organizations to procure goods and services, and it is intended to provide a fair and transparent way to award contracts.

Your Guide to Construction Takeoff and Free Construction Estimating Software

Sreeja15 Dec, 2022Business

Construction takeoff is the first step of the construction cost estimating process and provides a comprehensive understanding of the project material requirements and related costs. It is also commonly known as a “bill of quantities,” “material takeoff” (MTO), “quantity takeoff” (QTO), and “construction material takeoff.”

South Korea aims to host world's first floating city by 2025

Sreeja13 Dec, 2022Business

A UN-backed initiative to build a floating city off the coast of Busan, South Korea, has been proposed to pioneer a new form of life in the face of climate-related sea-level rises. The local administration struck a deal with UN-Habitat and Oceanix, a company formed by Danish architect Bjarke Ingels Group. The goal is to construct a metropolis constructed of hexagonal modules that can withstand a category five hurricane. South Korea intends to get the first platforms in the water by 2025. Although the exact size of the city's first version has yet to be established, it is projected to cost around USD 200 million.

EUR 40 billion Tel Aviv Metro to be led by Egis

Sreeja09 Dec, 2022Business

Egis, a French infrastructure company, has been awarded the concession to manage the creation of a new €40 billion subterranean metro system in Tel Aviv, billed as Israel's largest infrastructure project ever. The new metro will consist of three lines with a total length of 150 kilometers and 109 stations.

The winning bids for the Massachusetts offshore wind RfP totaled 1.6 GW

Sreeja07 Dec, 2022Business

Massachusetts will obtain power from Mayflower Wind LLC and Vineyard Wind LLC's 1,600 MW offshore wind projects after selecting their bids as providing "the greatest overall value" to customers. In May, the developers responded to a Request for Proposals (RFP). Their status as solicitation winners allows them to proceed to contract negotiations, according to the Massachusetts government. Following successful contract negotiations and regulatory approval, final contracts will be awarded.

Role of Public-Private Partnerships in Infrastructure Development

Sreeja06 Dec, 2022Business

Public Private Partnership (PPP) is a long-term contractual agreement between a government agency and a private sector entity to develop public service facilities and infrastructure assets. The core objective of the PPP project delivery model is to use less public money and raise private capital through a mutual reward and risk-sharing agreement with a private entity or a consortium of private sector entities. The participation of the private sector in public-private partnership projects ensures the inflow of private investment, technology, expertise, and better quality.

What Is Qualitative Market Research? Why Do We Need It?

Sreeja05 Dec, 2022Business

Qualitative market research, qualitative research, or qual research is a primary market research method that collects and analyzes non-numerical data and uses observation methods, as well as unstructured questioning techniques to provide actionable insights to researchers.

All You Need to Know About BOT (Build Operate Transfer) Project

Sreeja02 Dec, 2022Business

Build Operate Transfer model or Build Own Operate Transfer model is an investment model and a project delivery method, usually used for large-scale infrastructure projects. In such projects, a private entity receives a concession from the government, directly or indirectly, to design and construct a facility stated in the concession contract or MoU.