Satyam, Mahalakshmi consortium wins bid for largest coal reserve in NE

06 Mar 2023 CW Team

Consortium of Satyam and Mahalakshmi Group won the auction of largest coal reserve of Northeast India at Nampuk Namchik in Arunachal Pradesh. The consortium stated in the recent auction of North East's largest coal mine located at Nampuk Namchik in Arunachal Pradesh, two major industrial groups of eastern India, Satyam Group and Mahalakshmi Group won the auction.

This has now paved the way for legal coal mining and transportation in Northeast India. Last year the auction of most of the coal mines across the country was completed and coal mining also started. But due to various technical reasons, the auction of the Nampuk Namchik coal mine could not take place. This coal mine was completed again this month and companies from all over the country were bidding.

The consortium stated that this time the auction rate of the mine here was kept 55 per cent above the base price. The consortium of these two groups won by bidding 65 per cent. “With the resumption of this coal mining worth hundreds of crores every year, the new development will take place in the Northeast. Not only will the industry get a boost in the Northeast, but the way for legal coal mining will open and the government will get huge revenue”. Illegal coal mining and its transportation has been a major problem in the Northeast.

The consortium stated, “But with the commencement of mining from the biggest coal mine of the Northeast, many avenues will open up. This will not only improve the economic condition of the North East, but also increase employment opportunities on a large scale and accelerate business activities”.

RVNL secures Rs 1.65 billion railway bridge project from North Eastern Railway

Rail Vikas Nigam (RVNL) has received a Letter of Award (LoA) from North Eastern Railway for a Rs 1.65 billion railway infrastructure project, strengthening its order book and showcasing its expertise in complex railway construction.The project involves constructing the substructure of a major railway bridge over the Gandak River, located between Paniyahwa and Valmikinagar stations. This is part of the doubling of the Gorakhpur Cantt–Valmikinagar railway section, aimed at improving line capacity and operational efficiency.The bridge will feature 14 spans of 61 metres each, built on double D-t..

Raebareli’s Modern Coach Factory rolls out 15,000th railway coach

The Modern Coach Factory (MCF) at Raebareli in Uttar Pradesh has achieved a major manufacturing milestone with the rollout of its 15,000th railway coach on December 15, the Ministry of Railways said.In a press note, the ministry said that MCF has already produced 1,310 coaches in the current financial year 2025–26, reflecting sustained high output at one of Indian Railways’ most advanced passenger coach manufacturing units.Established in 2007 at Lalganj in Raebareli district, MCF was built at a cost of Rs 31.92 billion with an initial annual production capacity of 1,000 coaches. The factor..

RailTel wins Rs 260.88 million IT infrastructure order from VOC Port

Navratna public sector undertaking RailTel Corporation of India has secured an IT infrastructure order worth Rs 260.88 million from V.O. Chidambaranar Port Authority (VOC Port), strengthening its presence in port-led digital transformation projects.According to an exchange filing dated December 16, 2025, RailTel has received a Letter of Acceptance (LoA) from VOC Port Authority for the implementation of advanced IT infrastructure at the port. The project is domestic in nature and is scheduled to be completed by August 15, 2026.The company said the order has been awarded in the normal course of ..