Simplex Castings Wins Major Fabrication Orders

20 Nov 2025 CW Team

Simplex Castings, a leading name in precision metallurgy, has secured two important fabrication orders from Bharat Heavy Electricals (BHEL) and Paharpur Cooling Towers. The company stated that these orders further reinforce its position as a key contributor to India’s expanding industrial and infrastructure landscape.

For the DVC Raghunathpur Projects, Simplex has received a fabrication contract worth Rs 117.6 million from BHEL’s Trichy unit. The scope includes the supply of 1,401 MT of columns, auto-weld components and general fabrication on an Owner Vendor Material (OVM) basis. The project carries an execution period of 10 months and is expected to strengthen the company’s engagement in large-scale power and industrial assignments.

In a separate order, Paharpur Cooling Towers Limited has placed a Rs 8.073 million contract for the fabrication and supply of 90 MT of supporting structures, handrails and crate assemblies. This order requires delivery within three months, reflecting the company’s capability to handle diverse and time-bound fabrication requirements.

Simplex confirmed that both orders are from domestic clients and do not constitute related-party transactions. According to Chairman and Executive Director Ketan Shah, these wins highlight market confidence in the company’s expertise and are set to enhance its order book and revenue prospects in the coming quarters.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..