BGR Tech–Collabrah Wins Rs 530.5 Mn Project from Oil India

08 Sep 2025 Editorial Team

BGR Tech, in partnership with Collabrah India, has secured a Rs 530.5 million contract from Oil India (OIL) for the deployment of six Surface Production Facilities (SPFs) across OIL’s operational zones in Assam. The three-year project includes a Framework Agreement, allowing for the provision of additional units if required. The collaboration leverages BGR Tech’s engineering expertise and Collabrah’s execution capabilities to support OIL India’s production expansion plans in line with the Ministry of Petroleum & Natural Gas’s vision for domestic energy growth.

Following this win, BGR Tech is targeting further business opportunities with ONGC and other exploration companies, particularly in Mumbai High, Cauvery Basin, KG Basin, Ahmedabad Assets, and other key fields in Northeast India. The company reiterated its commitment to resilience and reduced import dependency, aligning with the Ministry of New and Renewable Energy (MNRE) objective of promoting home-grown energy solutions.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..