Asian Energy Wins Rs 4.59 Billion Coal Project in Odisha

07 Nov 2025 CW Team

Asian Energy Services Limited (AESL), along with its joint venture partner, has secured a prestigious contract from Mahanadi Coalfields Limited (MCL) for the establishment of a Coal Handling Plant (CHP) in Odisha.

The project, valued at approximately Rs 4.59 billion (inclusive of GST and BOCW Cess), represents the largest CHP order ever won by Asian Energy Services. The contract covers Pre-Engineered Turnkey Execution, which includes design, supply, erection, commissioning, trial run, testing, and operation and maintenance during the Defect Liability Period (DLP).

The project will be implemented over a seven-year period and is expected to play a crucial role in enhancing coal handling efficiency and operational reliability at MCL’s facilities.

This milestone order underscores Asian Energy Services’ growing leadership in India’s energy infrastructure sector and reflects its proven capabilities in delivering large-scale, technology-driven industrial projects.

Infrastructure Transport

09 Jan 2026

India Becomes First to Produce Bio-Bitumen for Roads

India has become the first country in the world to commercially produce bio-bitumen for use in road construction, according to Road, Transport and Highways Minister Nitin Gadkari. Bitumen, a black and viscous hydrocarbon derived from crude oil, is a key binding material in road building, and the bio-based alternative is expected to significantly improve the sector’s environmental footprint.Addressing the CSIR Technology Transfer Ceremony in New Delhi, Mr Gadkari congratulated Council of Scientific and Industrial Research on achieving the milestone, noting that the initiative would help curb ..

HILT Policy Seen Boosting Telangana Revenue Sharply

The Hyderabad Industrial Land Transformation (HILT) Policy is expected to generate around Rs 1.08 billion in revenue for the Telangana state exchequer, according to Deputy Chief Minister Bhatti Vikramarka Mallu. Speaking in the Telangana Legislative Assembly, he said the policy would be implemented within a six-month timeframe in a transparent manner, with uniform rules applicable to all stakeholders. Mr Vikramarka noted that without the HILT Policy, the state would have earned only about Rs 1.2 million per acre. Under the new framework, however, revenue is projected to rise sharply to Rs 70 ..

India Post, MoRD Tie Up to Boost Rural Inclusion

The Department of Posts and the Ministry of Rural Development have signed a Memorandum of Understanding to accelerate rural transformation and expand financial, digital and logistics services for Self-Help Groups (SHGs) and rural households across India. The agreement was signed in the presence of Union Minister of Communications and Development of North Eastern Region Jyotiraditya M. Scindia and Union Minister of Rural Development and Agriculture and Farmers’ Welfare Shivraj Singh Chouhan. The collaboration aligns with the government’s “Dak Sewa, Jan Sewa” vision and seeks to repositi..