BHEL tenders O&M contract of 5 MW solar plant in Tamil Nadu

Indian-Russian JV Contract for 120 Vande Bharat Trains

For the production of 120 Vande Bharat trains with sleeper coaches, the Indian Railways has awarded a letter of award to JSC Metrovagonmash-Mytischi (TMH), a Russian firm with experience in the production of railroad rolling stock. The Russian business and Rail Vikas Nigam Ltd, a public sector organisation in India, are partners in a joint venture (RVNL).

With a price of $14.6 million per train, the joint venture won the tender procedure as the lowest bidder. The coaches would be produced in Latur, in the Indian state of Maharashtra, according to media reports on the joint Russian-I..

Bhel emerges as fully Indian bidder for the Vande Bharat train

Titagarh Wagons Ltd (TWL) claimed that the consortium it formed with Bharat Heavy Electricals Limited (BHEL) is the only entirely Indian entity among the five bidders for the Rs 720 billion Vande Bharat trains contract. TWL, the engineering and waggon company, also announced Rs 7 billion in capex over the next 4-5 years to increase production capacity and related infrastructure. According to a senior company official, the upcoming steel body facility in Uttarpara, West Bengal, will strengthen TWL's coach-building capabilities in both aluminium and steel bodies.

"The company after f..

R&M for Ukai TPS to be conducted by BHEL

The steam turbine renovation and modernisation (R&M) order for the Ukai Thermal Power Station (TPS) in Gujarat was awarded to Bharat Heavy Electricals (BHEL).

The Gujarat State Electricity Corporation (GJSEC) has placed an order with BHEL for the R&M of the 200 MW Unit-3 and 210 MW Unit-5, with a value of approximately Rs 3000 million. The R&M work being carried out by BHEL will not only extend the life and reliability of Units-3 and 5 at Ukai TPS, but it will also improve the efficiency levels of these turbines addressing the issues of technical obsolescence, thereb..

Residents Sceptical of Sahastradhara Road Widening

Residents in Dehradun have raised questions and expressed scepticism regarding the proposed widening project for Sahastradhara Road. The project, aimed at widening the road to accommodate increased traffic, has faced criticism and scrutiny from local residents concerned about its potential impact on the environment and surrounding areas.

The Sahastradhara Road widening project has sparked debate among residents, with some questioning the necessity and feasibility of the initiative. Critics argue that widening the road may lead to the loss of trees, green spaces, and heritage structures ..

Warburg Pincus Acquires Shriram Housing Finance

Warburg Pincus, a leading global private equity firm, has announced its acquisition of Shriram Housing Finance for an impressive sum of Rs 4,630 crore. This strategic move underscores Warburg Pincus' commitment to expanding its presence in the Indian financial sector and capitalizing on the growing demand for housing finance solutions in the country.

Shriram Housing Finance, a subsidiary of Shriram City Union Finance, has established itself as a key player in the affordable housing finance segment, catering to the needs of millions of aspiring homeowners across India. The acquisition b..