Shivam Pipes Secures Rs 90.8 mn Orders For Galvanized Poles

13 May 2026 CW Team

The orders have been placed through contractors executing power distribution projects for the respective utilities and government agencies. Delivery is scheduled over a period of one to four months and the contracts are expected to be fulfilled in the short term.

Shivam Pipes is an approved vendor with multiple electricity utilities across the north eastern states and supplies its poles under the XTech brand. The company holds registrations under RDSS and other procurement frameworks and is already supplying products to recognised government agencies and utilities. It reports a present production capacity of 36,000 tonne (t) per annum, which supports fulfilment of short to medium term orders.

Company management indicated that securing these orders reflects the benefits of its empanelment and approvals with key utilities and enhances its position in the regional power infrastructure segment. Management added that the company is well placed to pursue further opportunities arising from government investment in transmission and distribution. They noted that, with continued governmental focus on electrification including under RDSS, demand for galvanized steel tubular poles is expected to remain strong.

KD Green Industries Limited, earlier known as Manbro Industries Limited, operates through businesses that include manufacture of autoclaved aerated concrete blocks under the Green AAC Block brand and pipes and poles under the XTech brand, and it is establishing steel fabrication capability for infrastructure projects. The group is described as an integrated infrastructure and building materials manufacturing conglomerate with interests in steel, infrastructure and sustainable solutions. The company has notified the market of the order wins through a filing to the stock exchange.

Shivam Pipes, a 51 per cent subsidiary of KD Green Industries Limited, has secured orders aggregating to Rupees (Rs) 90.8 mn for the supply of galvanized steel tubular electric poles to north eastern state electricity boards under the Revamped Distribution Sector Scheme. The orders have been placed through contractors executing power distribution projects for the respective utilities and government agencies. Delivery is scheduled over a period of one to four months and the contracts are expected to be fulfilled in the short term. Shivam Pipes is an approved vendor with multiple electricity utilities across the north eastern states and supplies its poles under the XTech brand. The company holds registrations under RDSS and other procurement frameworks and is already supplying products to recognised government agencies and utilities. It reports a present production capacity of 36,000 tonne (t) per annum, which supports fulfilment of short to medium term orders. Company management indicated that securing these orders reflects the benefits of its empanelment and approvals with key utilities and enhances its position in the regional power infrastructure segment. Management added that the company is well placed to pursue further opportunities arising from government investment in transmission and distribution. They noted that, with continued governmental focus on electrification including under RDSS, demand for galvanized steel tubular poles is expected to remain strong. KD Green Industries Limited, earlier known as Manbro Industries Limited, operates through businesses that include manufacture of autoclaved aerated concrete blocks under the Green AAC Block brand and pipes and poles under the XTech brand, and it is establishing steel fabrication capability for infrastructure projects. The group is described as an integrated infrastructure and building materials manufacturing conglomerate with interests in steel, infrastructure and sustainable solutions. The company has notified the market of the order wins through a filing to the stock exchange.

Infrastructure Urban

15 Jun 2026

Modi Launches Rs 29,700 Mn Development Push In Daman

Prime Minister Narendra Modi inaugurated, dedicated and laid foundation stones for development projects worth around Rs 29,700 mn in Daman during a visit that formed the second leg of his regional engagements on June five, 2026. The package covers healthcare, civil aviation, tourism, connectivity, infrastructure and public welfare and was presented by the Prime Minister's Office as part of efforts to strengthen public services and regional economies. The announcements followed earlier engagements in Surat, where projects worth around Rs 188,000 million were launched. A key inauguration was the..

Infrastructure Energy

15 Jun 2026

Rajasthan Sees Rs 150 bn Investment Momentum

Rajasthan has recorded Rs 150 billion (bn) in realised investments in its mining and petroleum sectors, with projects worth Rs 330 bn under execution, according to the state administration. The report indicated that the surge is driven by major industrial and infrastructure schemes that have reached advanced stages. Officials noted that prominent projects have already moved to operations or are approaching completion, reinforcing the state as an attractive destination for large-scale investment. Among the headline projects, UltraTech Cement has commissioned a plant valued at Rs 22.3 bn while H..

Infrastructure Urban

15 Jun 2026

Vedanta Readies 5.2 Billion Refinancing After Upgrades

Vedanta is preparing a refinancing package totalling 5.2 billion dollars (bn) after recent credit rating upgrades, and has engaged financial advisers and banks to structure the transaction. The move follows upgrades that have improved access to capital markets and narrowed funding costs, enabling the group to pursue longer-dated financing. The company is targeting the refinancing to replace near-term maturities and to harmonise the debt profile across its diversified mining and metals businesses. The refinancing exercise is structured to include a mix of term loans, bonds and bilateral facilit..