Rs 2.57 billion order secured by GOCL Corporation from Coal India

06 Jun 2023 CW Team

Order is for supply of detonators, accessories, & cartridge explosives GOCL Corporation Ltd, a subsidiary of the Hinduja Group, announced that it has received orders worth Rs 2.57 billion from state-owned company Coal India Ltd. The orders pertain to the supply of detonators, accessories, and cartridge explosives and span a period of two years, from June 2023 to May 2025.

In its exchange filing, GOCL Corporation Ltd reported a notable growth in profit, with a 20 percent increase to Rs 2.11 billion compared to Rs 1.76 billion in the previous year. The company's consolidated revenue also experienced substantial growth, rising by 126 per cent from Rs 6.23 billion in the previous year to Rs 14.10 billion in FY23. Furthermore, the consolidated revenue for Q4FY23 surged by 85 per cent to Rs 3.02 billion, surpassing the Rs 1.63 billion recorded during Q4 of the previous year.

Additionally, GOCL Corporation Ltd's overseas subsidiary HGHL invested $24 million in 57 Whitehall Investment SARL, Luxembourg. This investment aims to transform the historic Old War Office (OWO) project, located in central London, into a super luxury hotel and upscale residential apartments.

Infrastructure Energy

09 Mar 2026

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

Flender launches India’s largest wind gearbox test rig in Walajabad

Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the largest installation of its kind in India. The new facility is expected to strengthen the company’s manufacturing and testing capabilities while supporting the growing demands of the wind power sector in both domestic and global markets.The test rig was inaugurated on March 5 in the presence of Andreas Evertz, Group CEO, Flender; Lars Wiegemann, Vice President Wind Gears, Flender; and Vinod Shetty, CEO, Flender India, along with key industry customers and stakeholders.The insta..