NTPC grants RVNL an order of Rs 4.95 billion

11 Jun 2024 CW Team

RVNL received a letter of award (LoA) from NTPC, recognising and endorsing the company?s efforts in railway infrastructure development. The main objective of RVNL is to implement various railway projects to enhance capacity and service quality. The receipt of the LoA from NTPC, an organisation known for its commitment to excellence, further strengthened RVNL?s position in the industry.

The project execution agency (PEA) was ordered to execute the Rammam hydroelectric project Stage-III contract worth Rs 40.95 million. The contract involves the execution of the remaining civil and hydro-mechanical (HM) works of the Barrage Complex, including part HRT package. The project, which includes the construction of three 40 MW units, has a stipulated completion period of 66 months.

The Hydroelectric (HE) project, a run-of-the-river scheme, is leveraging the power potential of the Rammam river in the Darjeeling district of West Bengal. This initiative marks a crucial step towards sustainable energy production in the region.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..