Sical Wins Rs 40.38 Billion SECL Mining Contract

15 Jan 2026 CW Team

Sical Logistics Ltd on Monday said it has received a letter of acceptance from South Eastern Coalfields Ltd (SECL) for a mining contract valued at Rs 40.38 billion, including GST. The project relates to the Porda Chimtapani open-cast mine in Raigarh district of Chhattisgarh.

The contract, awarded by a domestic entity, will be executed over a period of 4,214 days. Sical Logistics said it will undertake the project in accordance with the specifications set out in the tender documents. The company added that its promoter, promoter group and group companies have no interest in SECL, and the contract does not qualify as a related party transaction.

Founded in 1955, Sical Logistics is a leading integrated logistics service provider in India. The company was acquired by Delhi-based Pristine Malwa Logistics Park Pvt Ltd in 2023. Its major operations include mining projects for Northern Coalfields Ltd in Madhya Pradesh and Mahanadi Coalfields Ltd in Odisha.

Sical also owns and operates a cutter suction dredger currently deployed along India’s east coast, where it is engaged in dredging works at Ramayapatnam Port. In 2022, the company completed a dredging project for an ONGC pipeline in Yanam, Puducherry.

In addition to mining and dredging, Sical has diversified into container freight stations, warehousing and third-party logistics services.

Shares of Sical Logistics ended at Rs 87.65 on the BSE on January 12, up Rs 0.82, or 0.94 per cent, from the previous close.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..