Top Firms Bid for Two Underground Coal Blocks

24 Jun 2025 CW Team

Godawari Power and Ispat Ltd, Dilip Buildcon, and Shyam Metalics and Energy Ltd are among eight companies that have submitted bids for two out of the six underground coal blocks offered for sale under the 12th round of commercial coal mine auctions.

According to the Ministry of Coal, a total of 14 bids were received from these eight companies for the two blocks. The online bids were decrypted and opened electronically in the presence of the respective bidders. Following this, sealed envelopes containing offline bid documents were also opened with the bidders in attendance.

The bids are now set to be evaluated by a multi-disciplinary technical committee. Only technically qualified bidders will proceed to the electronic auction stage, which will be hosted on the MSTC portal.

The commercial auction of coal mines was first launched by Prime Minister Narendra Modi in 2020, with the aim of opening up India’s coal sector to private players and reducing import dependence.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..