Rhenus to Launch Barge Ops on India’s Waterways by 2025
In a major step toward strengthening India’s inland water transport network, the Inland Waterways Authority of India (IWAI) has signed a Memorandum of Understanding (MoU) with Rhenus Logistics India Pvt Ltd, a subsidiary of the Germany-based global logistics firm operating in over 70 countries with annual revenue of EUR 8.2 billion.The agreement, signed in New Delhi in the presence of Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal, will enable Rhenus Logistics to launch scheduled barge services across key National Waterways (NWs), including NW-1 (Ganga), NW-2 (Brahmaputr..
Enviro Infra Engineers Bags Rs 770M For Water Projects
Enviro Infra Engineers Limited has secured new contracts worth Rs 769.6 million, further cementing its position in India’s water and wastewater treatment sector. The projects include the EPC of a 77 million litres per day (MLD) sewage treatment plant and the operation and maintenance of a 21 MLD common effluent treatment plant. Both projects were awarded by government agencies.Sanjay Jain, Chairman and Whole-Time Director, said the company remains committed to delivering sustainable and timely water infrastructure solutions. “These projects mark our continued contribution to India’s wate..
Bombay HC Cancels CIDCO’s Rs 34.77 Billion Contract Awards
In a major ruling, the Bombay High Court has annulled City and Industrial Development Corporation’s (CIDCO) decision to disqualify the Thakur-EVRASCON Joint Venture from bidding on two infrastructure contracts worth Rs 34.77 billion in the Navi Mumbai Airport Influence Notified Area (NAINA). The bench also set aside the contract awarded to the PNC-Aakshya JV worth Rs 19.09 billion and CIDCO’s approval of the financial bid by Ashoka-Aakshya JV for a Rs 15.69 billion project.Thakur-EVRASCON, a joint venture between Thakur Infraprojects and Azerbaijan-based EVRASCON, challenged the disqualifi..
Latest Updates
