Welspun Specialty Wins Rs 2.31 Bn Bid for BHEL’s Power Projects

06 Mar 2025 CW Team

Welspun Specialty Solutions (WSSL) has emerged as the lowest bidder for a supply contract from Bharat Heavy Electricals (BHEL), Trichy, for the provision of approximately 4,050 tonne of stainless steel seamless boiler tubes. These tubes will be used in a series of supercritical thermal power projects.

The contract, valued at around Rs 2.31 billion (excluding GST), will be officially awarded once BHEL completes its internal approval process. WSSL secured this position after undergoing a comprehensive evaluation and approval process conducted by BHEL.

This development marks a significant achievement for WSSL, as the contract reinforces the company’s position in the stainless steel seamless boiler tube segment, which plays a crucial role in the energy sector. The successful bid also highlights WSSL’s technical capabilities and adherence to stringent quality standards required for critical power infrastructure.

The formal contract is expected to be issued following the completion of BHEL’s internal procedures. Once finalised, the agreement will contribute to the supply chain for India's supercritical thermal power projects, ensuring a steady and reliable source of high-quality boiler tubes for the sector. g

News source: CNBC TV18

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..