RVNL Wins Rs 1,294.6 mn Varanasi-Prayagraj Upgrade Contract

01 Jun 2026 CW Team

Rail Vikas Nigam Limited (RVNL) has emerged as the lowest bidder for an electrification infrastructure project awarded by North Eastern Railway, according to an exchange filing. The contract covers upgrade work on the Varanasi-Prayagraj section under the Varanasi Division and is intended to enhance the capacity of electric traction power supply installations across the corridor. The award represents a significant order for the construction arm of Indian Railways.

The scope of work includes design, supply, erection, testing and commissioning of traction substations along with associated switching posts for a two by 25 kV auto-transformer traction feeding system. The project requires installation of multiple substations and switching arrangements to support higher load demands and improve reliability of traction power. The technical package is focused on strengthening the electrical feeding architecture to accommodate current and anticipated traffic growth on the section.

The total contract value is Rs 1,294.6 million (Rs 1,294.6 mn) inclusive of applicable taxes and the project is scheduled for completion within 730 days of award. The filing stated that the contract was awarded by a domestic entity and does not involve any related-party transactions. RVNL characterised the work as falling within the normal course of business and indicated that the execution will be managed through its established project management and site execution teams.

RVNL is a Central Public Sector Undertaking under the Ministry of Railways, incorporated in 2003, and acts as the construction arm of Indian Railways. The company has been involved in a range of rail infrastructure projects including electrification, bridges and new lines. Market observers noted that the company's share price was down zero point seven two per cent on the reported date, had declined by eight point ninety nine per cent in the past month and was down 25.43 per cent in the past year.

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..