L&T Wins Major Contract for NAINA Integrated Infrastructure Project

27 Aug 2024 CW Team

In the recent Town Planning Schemes (TPS) for the Navi Mumbai Airport Influence Notified Area (NAINA), which were approved by the City and Industrial Development Corporation (CIDCO), the transportation and infrastructure division of L&T secured a contract for an integrated infrastructure development project. According to the company's filing with the stock exchange, the contract is valued between Rs 25 billion and Rs 50 billion.

CIDCO awarded the project to L&T for the integrated development of 60-metre and 45-metre wide roads, the construction of various major and minor structures, as well as related electrical works. The project includes the development of four approach roads totalling 13.28 km, which will feature nine major structures, including three prominent steel bridges over the Kalundre River and the Mumbai-Pune Expressway, twelve minor bridges, twenty-seven underpasses, and access roads to these structures. Additionally, the project encompasses utility and allied electrical works.

CIDCO recently approved TPS 1 through 12 for the NAINA project and issued tenders accordingly. In March 2024, the planning agency released tenders worth Rs 31.14 billion for TPS 2 to 7, and more recently, tenders amounting to Rs 33 billion for TPS 8 to 12. The infrastructure works related to TPS 1 have already been completed.

As the special planning authority for the NAINA project, CIDCO has finalized all town planning schemes within the designated timeframe. In March 2024, CIDCO issued tenders for various works including road development, drainage, sewage, street lighting, and other infrastructure developments for TPS 2 to 7 in the 94 villages within NAINA. Contractors bidding for these works are required to complete them within three years.

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..