PM Modi to Lay Foundation of Ken-Betwa River Link Project

30 Dec 2024 CW Team

Prime Minister Narendra Modi will lay the foundation stone for the Ken-Betwa river linking project on December 25, marking the first project under India’s national river interlinking policy. The project, which will cost Rs 44,605 crore, will provide drinking water to 44 lakh people in Madhya Pradesh and Uttar Pradesh.

Additionally, the project will benefit 7.18 lakh farmer families and generate 103 MW of hydropower and 27 MW of solar energy. PM Modi’s initiative aims to fulfill the vision of former PM Atal Bihari Vajpayee for river linking in India, facilitating water supply for irrigation and industrial use.

Infrastructure Urban

01 Jun 2026

K2 Infragen FY26 Revenue Rises 26%

K2 Infragen reported revenue from operations of Rs 1.85 billion in FY 2025-26, up 25.96 per cent from Rs 1.47 billion in FY 2024-25. Total income rose 27.19 per cent to Rs 1.89 billion, supported by improved execution and operational efficiency.The company’s EBITDA increased 33.29 per cent to Rs 270.71 million, while Profit After Tax, excluding exceptional gain, stood at Rs 133.30 million, up 14.46 per cent. It also reported improved debtor days, stronger operating cash flow and higher cash and cash equivalents.Since December 2025, K2 Infragen has secured new orders worth Rs 4.12 billion acr..

Concord Secures Rs 2.8 Billion Kavach Order

Concord Control Systems announced that its associate company, Progota India, has received a domestic order worth Rs 2.799 billion from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months. The company said the contract strengthens its role in India’s railway safety and signalling ecosystem, as Indian Railways continues to expand deployment of indigenous automatic train protection technology.Kavach is designed to improve railway operational safety by helping prevent signal passing at..

GTV Engineering Reports FY26 Profit Growth

GTV Engineering reported audited financial results for the financial year ended 31 March 2026, recording total income of Rs 1,033.30 million (mn) and profit after tax of Rs 142.18 million, compared with Rs 110.46 million in FY25, reflecting healthy year-on-year growth in profitability. The company said annual performance was supported by continued execution across its fabrication and machining businesses. Management noted that the results demonstrate resilience in a project-driven business model. This performance follows sustained operational activity during the year. GTV has been engaged in h..