K2 Infragen Secures Rs 850 Million KPTCL Order
K2 Infragen has secured a project worth Rs 850 million from Karnataka Power Transmission Corporation Limited (KPTCL) for power transmission infrastructure development.
The scope includes the construction of multiple 220 kV transmission lines and the establishment of 2x20 MVA 110/11 kV substations in Karnataka, aimed at strengthening power infrastructure in the Belgaum district. The project will be executed in consortium with Om Associates Pvt. Ltd.
The order takes K2 Infragen’s total order book to Rs 4.61 billion as of February 2026, enhancing visibility for future growth.
Commenting on the development, Pankaj Sharma, Managing Director, K2 Infragen, said, “K2 Infragen is on it’s way to become the leading player in Power Infrastructure. With the recent railway order of Rs 262 Crore, this order from KPTCL shall strengthen the company’s presence in electrification infrastructure domain. It will also lead to the company’s foothold in South India. We now have strong revenue and profitable growth visibility for the coming years.”
Ms. Vikas Lakhanpal, Director, K2 Infragen, added, “We are targeting aggressive but disciplined growth in the coming years. This order from KPTCL that augments our orders in the electrification infrastructure domain in both Railways and T&D to almost 87 per cent of the total unexecuted order book will add strong synergies to our efforts in building efficiencies in supply chain & operations.”
The company continues to expand its presence across power transmission, railways and road infrastructure, while also contributing to water supply projects across India.
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 ..
Latest Updates
