MEIL Wins Rs 128B Contract for Two Nuclear Reactors in Karnataka

26 Apr 2025 CW Team

Megha Engineering & Infrastructures Ltd (MEIL) has secured a Rs 128 billion EPC contract from the Nuclear Power Corporation of India Ltd (NPCIL) to construct two 700 MW nuclear reactors—Kaiga units 5 and 6—in Karnataka. This marks MEIL's entry into the nuclear energy sector.

The Hyderabad-based company won the contract using the Quality-cum-Cost-Based Selection (QCBS) method, competing with industry giants like BHEL and L&T. MEIL's technical expertise and competitive pricing led to its selection.

This deal comes as the Indian government aims to increase nuclear power capacity, targeting 500 GW of non-fossil fuel capacity by 2030, with a goal to triple nuclear capacity by 2032. Currently, India has an installed nuclear capacity of 8.18 GW, with an additional 14.3 GW in various stages of development.

Image source:swarajyamag

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

Real Estate

10 Jul 2026

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Real Estate

10 Jul 2026

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..