KNR Constructions Bags Rs 21.63 bn Tamil Nadu Order

23 Feb 2026 CW Team

KNR Constructions Limited (KNR Constructions) has secured an order from the Tamil Nadu (TN) government valued at Rs 21.63 billion (bn). The contract was disclosed by the company in a regulatory filing and represents a significant addition to its project portfolio. The award aligns with the firm's strategic focus on expanding its presence in southern states. Details on project timelines and scope were not disclosed in the initial announcement.

The order forms part of KNR Constructions' existing construction operations in the state and is aimed at expanding its infrastructure work there. The company will proceed with project mobilisation and execution as per contract terms and expects to allocate resources from its ongoing operations. The deal adds to orders the firm has secured in recent quarters. Project mobilisation will follow standard compliance and permitting processes and the firm will align resource allocation accordingly.

Management indicated that the contract will bolster the company's order book and provide revenue visibility over the near to medium term. The addition is expected to support operational continuity and contribute to utilisation of the firm's construction equipment and personnel. Such awards typically improve visibility for revenue recognition and cash flows. The contract may also aid in stabilising cash flow profiles as work progresses and billing milestones are met.

The contract value converted from crore reflects the scale of the engagement and highlights the continuing flow of public infrastructure contracts in the region. The firm will report the development in its next quarterly disclosures and it will be reflected in its order backlog figures. This award may influence investor assessments of the company's medium term earnings prospects. Investors will await quarterly filings for precise impacts on the balance sheet and revenue recognition patterns.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..