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

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..