SunPower’s Q2 2023 net loss shrinks by 47% YoY

Power Mech Wins Rs 1.6 Bn Solar Contracts in Bihar

Power Mech Projects Ltd has secured grid connected distributed solar contracts worth about Rs 1.59 billion from Bihar State Power Generation Company Ltd (BSPGCL). Awarded under the PM KUSUM scheme and delivered via the RESCO model, the scheme will solarise agricultural mixed load feeders through several substations across the state.The three projects together provide 13.66 MW (AC) of capacity: Rajoun (4.221 MW, Rs 482.9 million), Sakahara (4.285 MW, Rs 490.2 million) and Sambhuganj (5.155 MW, Rs 617.8 million). Each megawatt will attract central subsidies of Rs 10.5..

NBCC Wins Rs 2.97 Billion Redevelopment Contract in Meerut

Government owned project management and real estate specialist NBCC has secured a new work order worth about Rs 2.97 billion from the Meerut Development Authority. The contract covers a series of redevelopment schemes in Meerut, Uttar Pradesh, and further strengthens NBCC’s role in state backed urban infrastructure programmes.This latest success follows the Rs 1.62 billion interior works assignment awarded in May for developing office space at Nauroji Nagar, Delhi. Together, the two projects underscore NBCC’s expanding footprint in public redevelopment initiatives and its conti..

Indian Railways Plans High Tech Overhaul of Train Control

Indian Railways is set to modernise its century old control systems in a bid to curb accidents and ease congestion across the world’s fourth largest rail network. Senior officials confirmed that the Railway Board is drafting a blueprint centred on advanced decision support technology to streamline traffic control and raise operational efficiency.The overhaul will replace fragmented, manually managed processes with an integrated, technology driven framework. At its heart will be a central command centre uniting every department involved in train operations. Equipped with real time monitoring,..