BL Kashyap & Sons Wins Rs 5.10-Bn Order from Fidatocity Homes

06 May 2025 CW Team

BL Kashyap and Sons, a prominent name in India's construction and engineering sector, has secured a contract worth Rs 5.10 billion.

The order was awarded by Fidatocity Homes for the development of a large-scale residential group housing project. The planned construction will cover approximately 28.30 lakh sq ft of built-up area, reflecting the considerable scale of the undertaking. The project is scheduled to be completed within an estimated timeframe of 33 months.

This new order is expected to further enhance BL Kashyap’s footprint in the residential infrastructure space. It is likely to strengthen the company’s project portfolio and revenue pipeline, while supporting the growth of India’s housing infrastructure. Known for its extensive experience, the company has consistently delivered large-scale projects across residential, commercial, and institutional sectors.

News source: Projects Today

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Technology

07 Jul 2026

Kellton Tech, AEC Form JV to Drive GCC Energy Digitalisation

Kellton Tech EU, a wholly owned subsidiary of Kellton Tech Solutions, has formed a strategic joint venture (JV) with Kuwait-based Action Energy Company (AEC) to accelerate AI-led digital transformation across the Gulf Cooperation Council (GCC) energy sector.Under the agreement, AEC will hold a 51 per cent stake in the JV, while Kellton Tech EU will own the remaining 49 per cent. The venture has been established for an initial five-year term and will focus on delivering digital oilfield solutions, enterprise software, cloud computing, cybersecurity, enterprise resource planning (ERP), systems i..

Equipment

07 Jul 2026

Plant & Equipment Secures Funding to Expand Auction Business

Plant & Equipment (P&E), a global heavy equipment marketplace, has secured asset-backed financing to accelerate the growth of P&E Auctions, its auction business serving buyers and sellers across the Middle East, Africa and other international markets.The investment will be used to acquire physically inspected construction equipment, lifting machinery and commercial vehicles, enabling the company to provide minimum guarantees on assets sold through its auction platform.Launched in December 2023, P&E Auctions has expanded rapidly following the success of the company's online mark..

Equipment

07 Jul 2026

Michelin Opens Two New Retail Service Centres in North India

Michelin India has expanded its retail network in North India with the launch of two new Michelin Tyres & Services (MTS) stores in Amritsar and Panchkula. Opened in partnership with National Auto and Universal Tyres, respectively, the new outlets aim to strengthen the company's presence in one of India's fastest-growing automotive markets.Located on Loharka Road in Amritsar and in the Industrial Area of Panchkula, each 5,000-sq-ft facility offers Michelin's range of passenger car and two-wheeler tyres, including the Primacy, Pilot Sport, Latitude Sport and LTX Trail series. The centres als..