AFCOM Inducts Third Aircraft, Boosting Cargo Capacity
KPIL Secures Rs 7.19 Billion Metro Rail Order in Thane
Kalpataru Projects International (KPIL), along with its joint venture, has recently secured new orders and notifications of award worth approximately Rs 7.19 billion. The key contract includes an elevated metro rail project in Thane, Maharashtra, marking a significant addition to the company’s urban infrastructure portfolio.Commenting on the development, Manish Mohnot, MD & CEO, said the order strengthens KPIL’s presence in the expanding urban transportation EPC segment. He added that the company’s diversified order book, consistent order inflows and strong execution capabilities..
IRFC Sanctions Rs 50 Billion Loan to MAHAGENCO
Indian Railway Finance Corporation (IRFC) has recently executed a Rupee Term Loan Agreement with Maharashtra State Power Generation Company Limited (MAHAGENCO) for a sanctioned amount of Rs 50 billion, of which Rs 30 billion has already been disbursed. A Navratna CPSE under the Ministry of Railways, IRFC has expanded its role beyond rail financing to support infrastructure projects linked to the railway ecosystem, including power generation, transmission, mining, logistics, ports and metro rail. The corporation continues to maintain a strong asset quality profile with a zero-NPA portfolio. M..

