Vascon Engineers Targets Rs 40 billion EPC Orders and Rs 25 billion Realty

18 Sep 2025 CW Team

Vascon Engineers, a leading EPC and realty player with nearly four decades of experience, has set a target of achieving an EPC order book of Rs 40 billion and real estate projects worth Rs 25 billion by FY27.

The company is active across 13 cities, with an EPC business split of 75:25 between government and private clients. Current projects include a Rs 6.06 billion medical college at Suphal, Bihar, Capgemini IT Park in Chennai worth Rs 4.16 billion, and the Rs 2.60 billion Vedanta Township project.

“Vascon Engineers’ strength lies in balancing our EPC and real estate businesses across key geographies. With a healthy pipeline in Pune and Mumbai, and an EPC order book of nearly Rs 30 billion, we are confident of scaling our growth trajectory,” said Siddharth Vasudevan Moorthy, Managing Director, Vascon Engineers Ltd.

In Pune, the company is executing major contracts including Pune Police Staff Quarters (Rs 2.62 billion) and a hospital in Pimpri Chinchwad (Rs 2.77 billion). The real estate pipeline includes 1.3 million sq ft of projects with an expected sales value of Rs 17–20 billion.

In Mumbai, the redevelopment-led strategy covers projects such as Vascon Orchids and Prakash CHS in Santacruz, with the upcoming Powai project expected to generate Rs 4.25 billion in sales. Mumbai launches are projected to contribute 50 per cent of the overall real estate portfolio by FY27.

The consolidated near-term real estate pipeline stands at 1.94 million sq ft with sales potential of Rs 23.60 billion, while the EPC business operates at 85 per cent capacity utilisation.

Infrastructure Transport

18 Dec 2025

RVNL secures Rs 1.65 billion railway bridge project from North Eastern Railway

Rail Vikas Nigam (RVNL) has received a Letter of Award (LoA) from North Eastern Railway for a Rs 1.65 billion railway infrastructure project, strengthening its order book and showcasing its expertise in complex railway construction.The project involves constructing the substructure of a major railway bridge over the Gandak River, located between Paniyahwa and Valmikinagar stations. This is part of the doubling of the Gorakhpur Cantt–Valmikinagar railway section, aimed at improving line capacity and operational efficiency.The bridge will feature 14 spans of 61 metres each, built on double D-t..

Raebareli’s Modern Coach Factory rolls out 15,000th railway coach

The Modern Coach Factory (MCF) at Raebareli in Uttar Pradesh has achieved a major manufacturing milestone with the rollout of its 15,000th railway coach on December 15, the Ministry of Railways said.In a press note, the ministry said that MCF has already produced 1,310 coaches in the current financial year 2025–26, reflecting sustained high output at one of Indian Railways’ most advanced passenger coach manufacturing units.Established in 2007 at Lalganj in Raebareli district, MCF was built at a cost of Rs 31.92 billion with an initial annual production capacity of 1,000 coaches. The factor..

RailTel wins Rs 260.88 million IT infrastructure order from VOC Port

Navratna public sector undertaking RailTel Corporation of India has secured an IT infrastructure order worth Rs 260.88 million from V.O. Chidambaranar Port Authority (VOC Port), strengthening its presence in port-led digital transformation projects.According to an exchange filing dated December 16, 2025, RailTel has received a Letter of Acceptance (LoA) from VOC Port Authority for the implementation of advanced IT infrastructure at the port. The project is domestic in nature and is scheduled to be completed by August 15, 2026.The company said the order has been awarded in the normal course of ..