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NLMC to E-Auction 459 RINL Plots in Visakhapatnam
The National Land Monetisation Corporation (NLMC) will conduct an e-auction of 459 plots in Visakhapatnam on behalf of Rashtriya Ispat Nigam (RINL), the corporate entity of Visakhapatnam Steel Plant. The sale is intended to bring parcels of land in established industrial locations into the monetisation process. NLMC framed the move as part of its wider asset disposal programme for central public sector enterprises (CPSEs). Of the 459 plots, 456 are located at HB Colony in Maddilapalem while Blocks two and three at Auto Nagar in Gajuwaka are also included. The properties were broadly valued at..
HFCL Secures Three-Year Optical Fibre Cable Contract Worth USD 244 mn
HFCL has entered a three-year supply agreement through its overseas wholly owned subsidiary to provide high-quality, high-fibre-count Optical Fibre Cables (OFC) to a global multinational corporation. The contract is valued at United States dollar (USD) 244 mn, which the company states is equivalent to Rs 23,290 mn after conversion from the originally reported figure in crore. The supply commitment is set to cover the period from 2027 through 2029 and reflects a strategic overseas engagement. The order calls for multi-million fibre kilometres of OFC to be delivered in each calendar year beginni..
Texmaco Secures USD 135 mn Locomotive Order For Africa
Texmaco Rail and Engineering (Texmaco Rail) has reported the receipt of a Letter of Award from Tsiko Africa Logistics (Pty) together with Barberry Holdings (Pty) for the design, manufacture, supply and commission of Wabtec ES43ACi diesel-electric locomotives. The firm valued the contract at USD 135 mn, exclusive of applicable taxes and duties, and filed the disclosure with the National Stock Exchange and BSE on one September 2026 in compliance with listing obligations. The announcement details the contract scope and counterparty names. The order encompasses multiple units of the ES43ACi type w..
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