Welspun Specialty Emerges Top Bidder for Thermal Power Project

28 Jun 2024 CW Team

Welspun Specialty Solutions Limited has secured the position of the lowest bidder (L1) for a substantial thermal power project in India. The project, part of the government's efforts to bolster energy infrastructure, underscores Welspun's competitive edge in the power sector. The bidding success positions Welspun to potentially undertake a pivotal role in enhancing India's electricity generation capacity.

The thermal power project, valued at approximately ?50 billion, represents a strategic move by Welspun to expand its footprint in the energy sector. This development aligns with India's ambitious goals to diversify its energy mix and strengthen energy security. The project is expected to contribute significantly to the nation's electricity supply, supporting industrial growth and infrastructure development.

Welspun's emergence as the L1 bidder reflects its expertise in executing complex projects and its commitment to delivering high-quality infrastructure solutions. The company's competitive bidding strategy underscores its capability to navigate challenges and capitalise on opportunities in the dynamic energy market.

This development is poised to bolster Welspun Specialty Solutions' market position and contribute positively to India's economic growth trajectory. The project's successful execution would not only create employment opportunities but also stimulate ancillary industries, fostering socio-economic development in the region.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..