Interarch Secures Rs 900 Million Rungta Mines Project

28 Aug 2025 CW Team

Interarch Building Solutions Ltd. has secured a contract valued at approximately Rs 900 million from Rungta Mines Ltd. for the design, engineering, manufacturing, supply, and erection of a pre-engineered steel building system. The deal strengthens Interarch’s position as a leading player in the large-scale steel infrastructure space.

According to the contract terms, Interarch will receive 10 per cent of the order value as advance payment, followed by another 10 per cent upon the approval of drawings and designs. The project has been awarded by a domestic entity and is expected to be completed within six to eight months.

The company confirmed that this order does not fall under related-party transactions, and neither the promoters nor the promoter group hold any interest in Rungta Mines. This award adds to Interarch’s growing portfolio of industrial and infrastructure projects across India, reflecting strong demand for pre-engineered steel systems in the country's rapid construction landscape.

As of 26 August 2025, Interarch Building shares were trading at Rs 2,050, down by 0.57 per cent at 9:38 am. The company’s stock has witnessed a 71 per cent gain over the past year, a 14 per cent rise year-to-date, although it declined by 2.5 per cent over the last five days.

The contract reaffirms Interarch’s continued momentum in India's infrastructure sector and its ability to deliver turnkey solutions in tight timelines.

Infrastructure Urban

08 Oct 2025

Kashmir Receives First-Ever Automobile Consignment By Rail

In a landmark moment for Jammu and Kashmir’s transport infrastructure, the Valley has received its first-ever automobile consignment by rail, signalling a major advancement in freight connectivity.A freight rake carrying over 100 vehicles arrived early this morning at the newly operational Goods Shed in Anantnag, South Kashmir. The train, dispatched from Maruti Suzuki India Limited’s Gati Shakti Terminal in Manesar, Haryana, completed its 850-kilometre journey in approximately 45 hours.Officials described the successful operation as a “significant leap forward” in Kashmir’s logistics..

Kilambakkam Station, Skywalk Opening Delayed To January 2026

The long-awaited Kilambakkam railway station and pedestrian skywalk connecting it to the Kilambakkam Kalaignar Centenary Bus Terminus (KCBT) will now open only by January 2026, after multiple construction delays by both the Chennai Metropolitan Development Authority (CMDA) and Southern Railway. The postponement has left thousands of commuters struggling with poor connectivity during the ongoing festive season.Located nearly 25 kilometres from Chennai, KCBT serves as a major hub for mofussil and SETC buses heading to districts across Tamil Nadu. In the absence of train connectivity, commuters a..

Railways Clears Rs 1.12 Billion Six-Lane Bridge Near Amaravati

The Ministry of Railways has approved the construction of a six-lane road over bridge (ROB) at the E13 extension road between Mangalagiri and Krishna Canal stations in Andhra Pradesh, at an estimated cost of Rs 1.12 billion. The project, fully funded by the Railways, aims to improve regional connectivity and ease traffic flow towards the Amaravati Capital Region.The proposed bridge will provide a crucial link between National Highway-16 (NH-16) and Amaravati, crossing the busy Chennai–Howrah railway line near Vijayawada. Initially planned as a four-lane structure, the design has been upgrade..