Asian Energy Wins Rs 8.65 Billion Vedanta Contract

29 Jul 2025 CW Team

Asian Energy Services Limited (AESL), a leading integrated services provider for the energy and mining sectors, has secured an Integrated Service Contract from Vedanta Limited, valued at Rs 8.65 billion (inclusive of GST). The contract, spanning 57 months, underscores AESL’s growing presence in India’s upstream oil and gas services sector.

The scope of the agreement includes comprehensive field development planning, skilled manpower deployment, 24/7 operational support, and predictive maintenance across upstream facilities. AESL will also ensure regulatory compliance, maintain production uptime targets, and enhance efficiency through innovation.

With the Indian government pushing to reduce crude oil imports by 10 per cent and boost domestic output, players like Vedanta are partnering with service specialists to improve brownfield performance and integrated field management. The contract is expected to generate both direct and indirect employment, particularly in Rajasthan, with additional project-linked impact across other states.

Dr Kapil Garg, Managing Director of AESL, noted, “We are honoured by this repeat engagement from Vedanta. It reaffirms the trust built through consistent delivery and our focus on operational excellence in the energy sector.”

The deal adds to AESL’s order book and strengthens its revenue pipeline over the next five years. It reinforces the company’s strategy of expanding annuity-based, long-term contracts in operations-intensive segments.

Infrastructure Urban

09 Sep 2025

PNC Infratech Wins Rs 4.96 Billion Bihar Bridge Project

PNC Infratech Limited has been declared the lowest (L1) bidder for a Rs 4.96 billion infrastructure project in Bihar, involving the construction of a high-level bridge and a 21.3 km approach road on the Hathouri–Atrar–Bavangama–Aurai route. The contract, floated by the Bihar State Road Development Corporation (BSRDC), will be executed on an engineering, procurement, and construction (EPC) basis, excluding GST.The financial bids for the BSHP-IV (Phase-1) / EPC / Package-5 contract were opened on 4 September 2025, with PNC Infratech emerging as the successful bidder. The domestic project i..

Govt Plans Safety Standards for E-Rickshaws

The Indian government is considering implementing safety standards for e-rickshaws in line with the Bharat New Car Assessment Programme (Bharat NCAP) to enhance road safety across the country, Union Minister Nitin Gadkari announced on Thursday.Speaking at the 7th Edition of the FICCI Road Safety Awards and Symposium, the Minister for Road Transport and Highways emphasised that road safety remains a critical priority. He noted that India records nearly five lakh road accidents annually, resulting in approximately 180,000 fatalities."Of the 1.8 lakh deaths reported each year, nearly 66.4 per cen..

NHSRCL Installs Ninth Steel Bridge for Bullet Train in Gujarat

The National High-Speed Rail Corporation Limited (NHSRCL) has completed its ninth steel bridge on the Gujarat section of the Mumbai–Ahmedabad High-Speed Rail (MAHSR) corridor, marking a major milestone in India's bullet train project. The newly installed structure features a 200-metre-long dual-span bridge across National Highway 48 near Nadiad in Kheda district, Gujarat.According to the NHSRCL, the bridge comprises two spans of 100 metres each, collectively weighing approximately 2,884 metric tons, and measures 14.6 metres in height and 14.3 metres in width. The first span was launched in A..