Page 35 - Construction_Opportunities_March_2023

TICKER TAPE

EICHER MOTORS COMMERCIAL VEHICLES SALES INCREASE BY “This partnership allows us to provide customers with a ‘plug and
25% IN FEBRUARY 2023 play’ upgrade to 3D machine control for Dressta’s cutting-edge
The company’s CV sales increased modestly from 7,289 units sold dozers as well as access to the expertise of both companies while EQUIPMENT
in January 2023 on a sequential basis. In comparison to February guaranteeing an effortless purchasing experience,” says Rainer
2022, total domestic sales of Eicher trucks and buses increased Bippen, OEM Director at Leica Geosystems, part of Hexagon.
by 33.5% to 6,799 units, while exports fell by 53.8% to 301 units. The company says that the factory kit includes all the components
Compared to February 2022, when 111 Volvo trucks and buses (main brackets, cables, junction box, radio modem, 4G antennas
were sold, total sales increased by 70.3% to 189 units in February and sensors) required to ensure the dozer is ready to install the
2023. The listed parent of Royal Enfield, the world’s leading Leica MC1 grading solution directly upon machine delivery.
manufacturer of middleweight motorcycles, is Eicher Motors. “By purchasing dozers with the machine control kit directly from
Along with producing motorcycles, Eicher also partners with AB the manufacturer, customers benefit from seamless delivery,
Volvo of Sweden to operate Volvo Eicher Commercial Vehicles simple installation and expanded support. The result is increased
in the Indian market for commercial vehicles. On the back of a productivity and uptime, and reduced daily operating expenses,”
29% increase in operating revenue to Rs3,721 crore in Q3 FY23 says Bartosz Kozik Sales Director at LiuGong Dressta Machinery.
over Q3 FY22, the company’s consolidated net profit soared by
62.42% to Rs740.84 crore. ALL-ELECTRIC MINI MIXER TRUCK TO BE UNVEILED
Terex Advance presented its first all-
HYUNDAI SUPPLIES NEXT GENERATION MACHINES TO BRITISH electric mini mixer truck at this year’s
ENABLING WORKS BUSINESS RHODAR ConExpo-CON/AGG construction
exhibition, which takes place next
week in Las Vegas, US.
The unit represents the all-electric option being offered across
the company’s Mini Mix truck range. It aims to meet the needs
of ready mix conrete “producers and contractors with a small
volume mixer for short loads or tight spaces”. The electric mini
mixer truck, which will be on display in the Silver Lot on stand S5435,
features an International eMV SEries electric chassis from Navistar
Leading United Kingdom-based enabling works contractor Rhodar and incorporates Viatex SmartPTO technology.
has upgraded its fleet after a series of new contracts including a £6 As configured on a 33,000 GVWR International eMV Series
million (US$7.2 million) regeneration project in Leeds in the northern electric chassis, the barrel carrying capacity is three cubic yards
England. The company – whose services include demolition, of concrete. Coupled with the Viatec SmartPTO, this provides an
remediation and asbestos removal – has taken delivery of two of approximate 135-mile range and up to two pour cycles between
Hyundai Construction Equipment Europe’s flagship A series crawler charges. Not only does the electric mini mixer produce zero
excavators from dealer Taylor & Braithwaite. As well as the HX330AL carbon emissions, but it also operates at a very low noise level.
and the HX480AL excavators, Rhodar has purchased a range of Terex Advance’s all-electric option further builds on the company’s
attachments from hydraulic breakers to munchers and buckets for relationship with engine specialist Navistar, with which Terex Utilities
its larger earthworks and brownfield regeneration projects. worked with on its electric bucket trucks.
Remediation John Davies described the deal as a “huge
investment”. The HX480AL and HX330AL crawler excavators are SOUTH WEST PINNACLE EXPLORATION LTD WINS CONTRACT FROM
powered by Stage V Cummins diesel engines and comply with ODISHA MINING CORP
European emission standards. Feature include IPC (Intelligent South West Pinnacle Exploration Limited (SWPEL), an Integrated
Power Control) and EPIC (Electric Pump Independent Control), Service Provider providing end-to-end Drilling & exploration of
enhanced cabin visibility, eco gauge and lifting mode ensure Natural resources has won a new contract from Odisha Mining
superior productivity and efficiency. Rhodar was set up in the mid Corporation (OMC), a Gold category state PSU.
1970s as an asbestos abatement company and now employs The Company bagged a contract from OMC for diamond core
over 500 staff at 14 facilities nationwide. drilling work at chromite ore leases in the state of Odisha. The
contract, worth `13.57 cr, is expected to be completed by FY 2024
LEICA GEOSYSTEMS RELEASE FACTORY READY KIT FOR LIUGONG - 25. This new contract further expands SWPE’s geographical reach
DOZERS across India, and expands the portfolio of minerals exploration.
Leica Geosystems, part of Hexagon, and LiuGong Dressta Commenting on this development, Vikas Jain, Chairman &
Machinery, a supplier of heavy construction equipment, have Managing Director said, “I am glad to announce that we have
announced the release of a new Leica Ready factory kit for the TD- recently won a new contract from Odisha Mining Corporation
15M and TD-16N dozers. To simplify the machine control installation (OMC). We shall be conducting diamond core drilling work at
process for Dressta dozer customers, the two companies now offer chromite ore leases in the state of Odisha. The contract is worth
the TD-15M and TD16N dozers preinstalled with the ready kit for `13.57 cr and we expect to complete it by FY2024 -25. This further
Leica Geosystems’ 2D and 3D machine control systems at the expands our geographical footprint across the country and our
LiuGong Dressta Machinery factory in Stalowa Wola, Poland. association with various State corporations in this industry.

MARCH 2023|CONSTRUCTION OPPORTUNITIES 35