IRB Infrastructure Trust Secures Rs 17.20 Bn Arbitration Award

30 Jan 2024 CW Team

In a significant development, IRB Infrastructure Trust has successfully won an arbitration award amounting to Rs 17.20 billion. This substantial victory underscores the company's resilience and strategic approach in resolving disputes, further solidifying its position in the infrastructure sector.

The arbitration award, a result of legal proceedings, reflects a positive outcome for IRB Infrastructure Trust, providing a significant financial boost. The successful resolution of the dispute is anticipated to contribute to the company's financial strength and overall stability, reinforcing its standing in the urban infrastructure landscape.

This news is likely to have a positive impact on investor confidence, showcasing IRB Infrastructure Trust's ability to navigate legal challenges effectively. The substantial award also positions the company for continued growth and success in the competitive infrastructure market, reaffirming its commitment to excellence and resilience in the face of legal complexities.

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..