GHV Infra Bags Rs 26.45 Bn UAE Contract for Smart Manufacturing Hub

04 Aug 2025 CW Team

GHV Infra Projects, a prominent player in EPC and turnkey infrastructure execution, has received a Letter of Award (LOA) from Rana Exim FZ-LLC for the development of industrial and commercial buildings at the Erisha Smart Manufacturing Hub, located in the Ras Al Khaimah Economic Zone (RAKEZ), UAE. Valued at approximately Rs 26.45 billion, the contract is expected to be completed within 24 months, excluding a 90-day setup and mobilization period.

Commenting on the achievement, Jahid Vijapura, Group Chairman of GHV Group, stated, “As GHV Group, we continue to strive to 'Build Value' by taking up selective, high-value projects like the development of a smart manufacturing hub that supports green EV production with zero discharge facilities. This order enhances our commitment to sustainable growth.” With this project, GHV Infra’s total order book has now crossed Rs 65 billion, with the company planning to explore further strategic opportunities in the near term.

In addition to the new contract, the company’s Board of Directors, in its meeting held on July 24, 2025, approved a stock split in the ratio of 2:1 to enhance share liquidity and accessibility for retail investors. It also approved the issuance of bonus shares in the ratio of 3:2. Furthermore, the Board approved increasing the authorized share capital from Rs 160 million to Rs 660 million, subject to member approval. The shareholders, in the Extraordinary General Meeting held on June 28, 2025, also approved the issuance of convertible warrants to both promoter and non-promoter groups on a preferential basis through private placement.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..