Wirtgen Group’s Smart Automation Nominated for Innovation Award
AVIATION & AIRPORTS

Wirtgen Group’s Smart Automation Nominated for Innovation Award

Smart Automation in Roadbuilding by Wirtgen Group, nominated for the bauma Innovation Award 2025, enhances precision in asphalt reclamation and paving. It uses digital terrain models to automate milling depth, screed positioning, and data transfer, improving quality and reducing material waste. The Work Planner ensures data accuracy, while Smart LEVEL PRO and Smart Pave streamline planning and execution. Automated steering and screed control maintain tight tolerances, and built-in GNSS receivers enable precise localisation. A user-friendly interface reduces operator workload, ensuring efficiency, cost savings, and sustainability in road construction with optimised planning and seamless project execution.
Contact: Wirtgen Group
Website: www.wirtgen-group.com
Tel: +49 26 45 131 0
Email: info@wirtgen.de

NHAI to Develop Rs 91 Bn Road Links to Enhance Delhi Connectivity
The National Highways Authority of India (NHAI) is preparing Detailed Project Reports (DPRs) for three proposed road links in Delhi, with an estimated cost of Rs 91 billion. The final budget will be determined upon DPR completion within six to seven months, initiating the construction phase. Key projects include a Rs 25 billion, 20 km link road connecting UER-II to the Delhi-Katra Expressway via the KMP Expressway, a 17 km corridor linking UER-II near Alipur to Tronica City, and a 35 km bypass for East Delhi. These developments aim to decongest traffic and enhance travel efficiency across the capital.
Contact: National Highways Authority of India (NHAI)
Website: www.nhai.gov.in
Tel: +91-11-25074200

Ceigall India Secures $111 Million Contract for Ludhiana Bypass
Ceigall India has won a major contract from the National Highways Authority of India (NHAI) to develop a six-lane Greenfield southern Ludhiana bypass. The company received the Letter of Award (LOA) on 13 March 2025, as per a stock exchange filing. Part of the Ludhiana-Ajmer Economic Corridor, the 25.24 km stretch will link NH44 near Rajgarh and Ballowal. Awarded under the Hybrid Annuity Mode (HAM), the project is valued at $111 million and is set for completion within 24 months. 
Contact: Ceigall India
Website: www.ceigall.com 
Email: info@ceigall.com
Tel: +91-161-4623666

Telangana Adopts HAM to Accelerate Road Development
The Telangana government is set to implement the Hybrid Annuity Model (HAM) to expedite its road infrastructure projects. Under HAM, the state will contribute 40 per cent of the project cost, with private developers funding the remaining 60 per cent. Telangana has outlined plans to develop 17,000 km of rural roads by 2028, investing Rs 280 billion to improve connectivity, support local businesses, and strengthen supply chains. 
Contact: Government of Telangana 
Website: www. roadbuild.telangana.gov.in
Tel: 8333923736

Gorakhpur-Panipat Expressway to Enhance UP-Haryana Connectivity
India’s infrastructure expansion gains momentum with the upcoming Gorakhpur-Panipat Expressway, a 750 km corridor designed to streamline travel between Uttar Pradesh and Haryana. The National Highways Authority of India (NHAI) has appointed a Delhi-based ICT firm as the project consultant, responsible for preparing the Detailed Project Report (DPR) and overseeing land demarcation.As part of the country’s strategy to bolster regional connectivity, this expressway is set to improve travel efficiency and economic integration between the two states.
Contact: National Highways Authority of India (NHAI)
Website: www.nhai.gov.in
Tel: +91-11-25074200


Leh Airport Leads India’s Green Aviation Revolution
Leh Kushok Bakula Rinpoche Airport is set to become India’s first airport powered by geothermal and solar energy, supporting Ladakh’s carbon-neutral vision. With a Rs 6.50 billion investment, it will replace conventional air-conditioning with geothermal underfloor heating, reducing emissions and water usage. Solar panels will generate 700 KW, cutting energy consumption by 2,800 KW. The expanded terminal, operational by 2027, will accommodate 54 daily flights. Featuring triple-glazed glass for natural lighting and local architectural elements, this project sets the potential of renewable energy in reducing aviation’s environmental footprint.
Contact: Airports Authority of India (AAI)
Website: www.aai.aero 
Phone: 91-11-24632950 
Email - cvoaai@aai.aero

Madhya Pradesh Approves New Airport for Shivpuri
The Madhya Pradesh government has allocated 292 acres for a new airport in Shivpuri, enhancing the state’s air connectivity. Approved in a cabinet meeting led by Chief Minister Dr Mohan Yadav, the project will upgrade the existing airstrip into a full-fledged airport, managed by the Airports Authority of India (AAI) and capable of handling ATR-72 aircraft. Union Minister Jyotiraditya Scindia, instrumental in securing approvals, welcomed the decision. Once operational, the airport will boost economic growth and tourism, strengthening regional connectivity.
Contact: Government of Madhya Pradesh 
Website: www.mp.gov.in
Phone: 9425815588

Fly Bharathi Aviation Signs Rs 7.5 Bn MoU for Ujjain Airport
Fly Bharathi Aviation and Aeronautics has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh to invest Rs 7.5 billion in developing an airport in Ujjain. Announced at the Global Investment Summit, this landmark agreement is set to transform air connectivity. Led by Managing Director Girish Pillai, Fly Bharathi Aviation’s investment seeks to address a long-standing infrastructural gap in Ujjain, one of India’s religious destinations. In the financial year 2023-24 alone, the city welcomed 528 million tourists, a number expected to rise significantly, particularly with the development of Mahakal Lok, which has boosted tourism.
Contact: Fly Bharathi Aviation and Aeronautics
Website: www. flybharathi.com
Phone: 077100 87776

APADCL Invites Tenders for Greenfield Airports in Amaravati and Srikakulam
The Andhra Pradesh Airports Development Corporation Limited (APADCL) has invited tenders for a Techno-Economic Feasibility Report (TEFR) on Greenfield international airports in Amaravati and Srikakulam. The consultant will assess economic viability, master planning, environmental impact, and regulatory approvals. The Amaravati airport will attract global IT and industrial investments, while the Srikakulam airport, near NH-16 and the Bay of Bengal, will serve aerospace and defence industries, significantly boosting regional connectivity and economic growth.
Contact: Andhra Pradesh Airports Development Corporation Limited (APADCL)
Website: www.apadcl.com 
Phone: 0866-461 3406

BLR Airport and Menzies Open India’s Largest Cargo Terminal
Kempegowda International Airport Bengaluru (BLR Airport), operated by Bangalore International Airport Limited (BIAL), has partnered with Menzies Aviation to launch India’s largest Greenfield Domestic Cargo Terminal (DCT). Spanning 245,000 sq ft, the facility enhances cargo handling efficiency, with a capacity of 360,000 metric tonnes, expandable to 400,000 metric tonne. Equipped with real-time tracking, automated kiosks, and dedicated storage for perishables and hazardous goods, the terminal integrates sustainable features like skylighting and energy-efficient infrastructure. 
Contact: Menzies Aviation
Website: www.menziesaviation.com
Phone: +44 (0) 131 459 8162

Railways Expands Freight Corridors and Boosts Capacity
The Ministry of Railways has commissioned 96.4 per cent of the Dedicated Freight Corridors (DFC), with the Eastern (1,337 km) and Western (1,506 km) corridors largely operational. Detailed project reports for three new DFCs—East-Coast, East-West, and North-South—are under review. Freight trains have increased from 247 in 2023-24 to 371 in 2025, improving efficiency. Infrastructure upgrades include interlocking at 6,623 stations, advanced signalling, and Kavach ATP deployment. With modernised rolling stock and Rashtriya Rail Sanraksha Kosh (RRSK) funding, Indian Railways continues to expand freight capacity, reducing logistics costs and boosting economic growth.
Contact: Ministry of Railways
Website: www.indianrailways.gov.in 
Tel -  02-23386645

Kernex Microsystems Consortium Secures Rs 3.25 Bn Kavach Contract
Kernex Microsystems (India), leading the KERNEX-MRT consortium, has won a Rs 3.25 billion contract from South Eastern Railway to supply, install, test, and commission Kavach across 688 route km in the Kharagpur and Chakradharpur divisions. The project, aimed at preventing collisions, overspeeding, and signal violations, will be completed within 1,000 days. Kavach, India’s indigenous Train Collision Avoidance System (TCAS), plays a crucial role in enhancing railway safety and operational efficiency.
Contact: Kernex Microsystems
Website: www.kernex.in 
Tel - 91-8414667600
Email - inquiries@kernex.in

RVNL Secures Rs 1.56 Bn EPC Contract for South Western Railway
Rail Vikas Nigam (RVNL) has won a Rs 1.56 billion EPC contract for South Western Railway, covering 99.463 RKM and 114.145 TKM. The project includes Transmission Substations (TSS), Switching Posts (SPs), Sectioning and Paralleling Posts (SSPs), along with electrical, engineering, and telecom works. Classified as a domestic project under SEBI regulations, it will be completed within 18 months. Awarded through a standard bidding process, the contract does not involve promoter group companies or related party transactions. RVNL is a public sector enterprise under the Ministry of Railways.
Contact: Rail Vikas Nigam Ltd (RVNL)
Website: www. rvnl.org
Tel - 011-26738299
Email - info@rvnl.org

TBM Adyar Achieves Major Breakthrough for Chennai Metro Phase 2
L&T’s TBM Adyar (S-1326A) has made a major breakthrough at Adyar Junction for Chennai Metro Phase 2’s Line 3. The 100m-long TBM successfully tunneled 300m under the Adyar River. L&T is constructing 24 km of twin tunnels under Package TU-02, secured for Rs 23.85 billion in 2021. With 10 breakthroughs now completed, key milestones include tunneling at Sterling Road and Adyar Junction. Officials affirm that Chennai Metro Phase 2 is advancing steadily, enhancing urban connectivity and bringing the city closer to a modern, efficient metro network.
Contact: L&T
Website: www.larsentoubro.com 
Tel - 0172-464 6800

3rd AC Becomes Indian Railways’ Top Revenue Earner
Indian Railways has witnessed a remarkable rise in 3rd AC travel, surpassing sleeper class in revenue for the first time. This surge reflects passengers’ growing preference for comfort, hygiene, and affordability post-Covid. In 2019-20, 110 million passengers traveled by 3rd AC, rising to 260 million in 2024-25, a 19 per cent increase. Revenue jumped from Rs 123 billion to Rs 300 billion, making it the highest-earning class. The pandemic accelerated this shift, as passengers prioritise cleaner, safer journeys. With increasing demand, 3rd AC is now redefining long-distance travel, becoming the new standard for railway commuters in India.
Contact: Ministry of Railways
Website: www.indianrailways.gov.in 
Tel - 02-23386645


Reliance to Acquire 74 per cent Stake in Nauyaan Shipyard 
Reliance Strategic Business Ventures (RSBVL), a Reliance Industries subsidiary, is acquiring 74 per cent of Nauyaan Shipyard (NSPL) from Welspun Corp for Rs 3.82 billion, pending adjustments. NSPL’s leasehold covers 138 acres near RIL’s Dahej plant, designated for salt handling, engineering fabrication, and hydrogen electrolyser manufacturing. With an Rs 6.43 billion enterprise value, NSPL’s 100 per cent equity is Rs 5.17 billion, with Rs 9.3 billion payable to WCL. Regulatory approvals are underway, with the deal expected to close by March 21, 2025.
Contact: Reliance Industries
Website: www.ril.com 
Tel – +91-22-3555-5000
Email - info@ril.com

Goa Shipyard Launches Second P1135.6 Frigate Tavasya
Goa Shipyard (GSL) has successfully launched Tavasya, the second Project 1135.6 frigate, reinforcing India’s Atmanirbhar Bharat vision in defence manufacturing. The vessel boasts stealth features, advanced combat systems, and over 56 per cent indigenous content, significantly surpassing similar foreign-built ships. Defence officials lauded GSL’s record-breaking launch of two weapon-intensive frigates in just eight months. With a 3,800-tonne displacement, Tavasya enhances the Indian Navy’s operational might.
Contact: Goa Shipyard Ltd
Website: www.goashipyard.in
Tel : 91-832-2512152
Email - contactus@goashipyard.com

K&R Rail Engineering Signs MoU with Indian Port Rail & Ropeway 
K&R Rail Engineering has signed an MoU with Indian Port Rail & Ropeway to collaborate on large-scale infrastructure projects in India and globally. This partnership will focus on railway, road, highway, and port projects valued between Rs 500 million and Rs 50 billion, enhancing efficiency and expanding infrastructure opportunities. K&R Rail, specialising in EPC services, reported a 523.3 per cent surge in net profit in Q3 FY25, reaching Rs 60.42 million. With expertise in track construction, electrification, and railway operations, the company aims to strengthen its industry presence through this strategic alliance.
Contact: K&R Rail Engineering
Website: www.krrailengg.com
Tel: 04029345259
Email info@krrailengg.com

India Plans Fivefold Expansion of Chabahar Port in 10 Years
India is investing Rs 40 billion to expand Iran’s Chabahar Port, aiming to boost capacity to 500,000 TEUs over the next decade. The plan includes mobile harbour cranes, a second berth, and modernisation efforts by India Ports Global Ltd (IPGL) to attract Indian shipping lines. Chabahar, a key hub in the International North-South Transport Corridor (INSTC), has seen a 43 per cent rise in vessel traffic and 34 per cent growth in container volumes. India’s commitment includes a $120 million grant and $250 million Line of Credit, reinforcing its strategic maritime presence in the region.
Contact: India Ports Global Ltd (IPGL)
Website: www.ipgl.co.in
Email: indiaportsglobal@gmail.com

Maersk to Invest $5 Billion in Indian Port Infrastructure
Maersk plans a $5 billion investment in India’s port and logistics infrastructure, focusing on Pipavav Terminal (Gujarat) and Vadhavan Port (Maharashtra). The entity has earmarked $2 billion for expanding Pipavav, while the remaining funds will support Vadhavan’s container terminal development. However, the investment hinges on extending its Pipavav concession beyond 2028 and winning a tender at Vadhavan. Negotiations with the Gujarat Maritime Board continue, with no resolution yet. As India expands its port sector, Maersk aims to strengthen its foothold, competing for upcoming container terminal contracts at Vadhavan and other Gujarat ports.
Contact: Maersk
Website: www.maersk.com 
Tel - 91 44 25362201

Smart Automation in Roadbuilding by Wirtgen Group, nominated for the bauma Innovation Award 2025, enhances precision in asphalt reclamation and paving. It uses digital terrain models to automate milling depth, screed positioning, and data transfer, improving quality and reducing material waste. The Work Planner ensures data accuracy, while Smart LEVEL PRO and Smart Pave streamline planning and execution. Automated steering and screed control maintain tight tolerances, and built-in GNSS receivers enable precise localisation. A user-friendly interface reduces operator workload, ensuring efficiency, cost savings, and sustainability in road construction with optimised planning and seamless project execution.Contact: Wirtgen GroupWebsite: www.wirtgen-group.comTel: +49 26 45 131 0Email: info@wirtgen.deNHAI to Develop Rs 91 Bn Road Links to Enhance Delhi ConnectivityThe National Highways Authority of India (NHAI) is preparing Detailed Project Reports (DPRs) for three proposed road links in Delhi, with an estimated cost of Rs 91 billion. The final budget will be determined upon DPR completion within six to seven months, initiating the construction phase. Key projects include a Rs 25 billion, 20 km link road connecting UER-II to the Delhi-Katra Expressway via the KMP Expressway, a 17 km corridor linking UER-II near Alipur to Tronica City, and a 35 km bypass for East Delhi. These developments aim to decongest traffic and enhance travel efficiency across the capital.Contact: National Highways Authority of India (NHAI)Website: www.nhai.gov.inTel: +91-11-25074200Ceigall India Secures $111 Million Contract for Ludhiana BypassCeigall India has won a major contract from the National Highways Authority of India (NHAI) to develop a six-lane Greenfield southern Ludhiana bypass. The company received the Letter of Award (LOA) on 13 March 2025, as per a stock exchange filing. Part of the Ludhiana-Ajmer Economic Corridor, the 25.24 km stretch will link NH44 near Rajgarh and Ballowal. Awarded under the Hybrid Annuity Mode (HAM), the project is valued at $111 million and is set for completion within 24 months. Contact: Ceigall IndiaWebsite: www.ceigall.com Email: info@ceigall.comTel: +91-161-4623666Telangana Adopts HAM to Accelerate Road DevelopmentThe Telangana government is set to implement the Hybrid Annuity Model (HAM) to expedite its road infrastructure projects. Under HAM, the state will contribute 40 per cent of the project cost, with private developers funding the remaining 60 per cent. Telangana has outlined plans to develop 17,000 km of rural roads by 2028, investing Rs 280 billion to improve connectivity, support local businesses, and strengthen supply chains. Contact: Government of Telangana Website: www. roadbuild.telangana.gov.inTel: 8333923736Gorakhpur-Panipat Expressway to Enhance UP-Haryana ConnectivityIndia’s infrastructure expansion gains momentum with the upcoming Gorakhpur-Panipat Expressway, a 750 km corridor designed to streamline travel between Uttar Pradesh and Haryana. The National Highways Authority of India (NHAI) has appointed a Delhi-based ICT firm as the project consultant, responsible for preparing the Detailed Project Report (DPR) and overseeing land demarcation.As part of the country’s strategy to bolster regional connectivity, this expressway is set to improve travel efficiency and economic integration between the two states.Contact: National Highways Authority of India (NHAI)Website: www.nhai.gov.inTel: +91-11-25074200Leh Airport Leads India’s Green Aviation RevolutionLeh Kushok Bakula Rinpoche Airport is set to become India’s first airport powered by geothermal and solar energy, supporting Ladakh’s carbon-neutral vision. With a Rs 6.50 billion investment, it will replace conventional air-conditioning with geothermal underfloor heating, reducing emissions and water usage. Solar panels will generate 700 KW, cutting energy consumption by 2,800 KW. The expanded terminal, operational by 2027, will accommodate 54 daily flights. Featuring triple-glazed glass for natural lighting and local architectural elements, this project sets the potential of renewable energy in reducing aviation’s environmental footprint.Contact: Airports Authority of India (AAI)Website: www.aai.aero Phone: 91-11-24632950 Email - cvoaai@aai.aeroMadhya Pradesh Approves New Airport for ShivpuriThe Madhya Pradesh government has allocated 292 acres for a new airport in Shivpuri, enhancing the state’s air connectivity. Approved in a cabinet meeting led by Chief Minister Dr Mohan Yadav, the project will upgrade the existing airstrip into a full-fledged airport, managed by the Airports Authority of India (AAI) and capable of handling ATR-72 aircraft. Union Minister Jyotiraditya Scindia, instrumental in securing approvals, welcomed the decision. Once operational, the airport will boost economic growth and tourism, strengthening regional connectivity.Contact: Government of Madhya Pradesh Website: www.mp.gov.inPhone: 9425815588Fly Bharathi Aviation Signs Rs 7.5 Bn MoU for Ujjain AirportFly Bharathi Aviation and Aeronautics has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh to invest Rs 7.5 billion in developing an airport in Ujjain. Announced at the Global Investment Summit, this landmark agreement is set to transform air connectivity. Led by Managing Director Girish Pillai, Fly Bharathi Aviation’s investment seeks to address a long-standing infrastructural gap in Ujjain, one of India’s religious destinations. In the financial year 2023-24 alone, the city welcomed 528 million tourists, a number expected to rise significantly, particularly with the development of Mahakal Lok, which has boosted tourism.Contact: Fly Bharathi Aviation and AeronauticsWebsite: www. flybharathi.comPhone: 077100 87776APADCL Invites Tenders for Greenfield Airports in Amaravati and SrikakulamThe Andhra Pradesh Airports Development Corporation Limited (APADCL) has invited tenders for a Techno-Economic Feasibility Report (TEFR) on Greenfield international airports in Amaravati and Srikakulam. The consultant will assess economic viability, master planning, environmental impact, and regulatory approvals. The Amaravati airport will attract global IT and industrial investments, while the Srikakulam airport, near NH-16 and the Bay of Bengal, will serve aerospace and defence industries, significantly boosting regional connectivity and economic growth.Contact: Andhra Pradesh Airports Development Corporation Limited (APADCL)Website: www.apadcl.com Phone: 0866-461 3406BLR Airport and Menzies Open India’s Largest Cargo TerminalKempegowda International Airport Bengaluru (BLR Airport), operated by Bangalore International Airport Limited (BIAL), has partnered with Menzies Aviation to launch India’s largest Greenfield Domestic Cargo Terminal (DCT). Spanning 245,000 sq ft, the facility enhances cargo handling efficiency, with a capacity of 360,000 metric tonnes, expandable to 400,000 metric tonne. Equipped with real-time tracking, automated kiosks, and dedicated storage for perishables and hazardous goods, the terminal integrates sustainable features like skylighting and energy-efficient infrastructure. Contact: Menzies AviationWebsite: www.menziesaviation.com Phone: +44 (0) 131 459 8162Railways Expands Freight Corridors and Boosts CapacityThe Ministry of Railways has commissioned 96.4 per cent of the Dedicated Freight Corridors (DFC), with the Eastern (1,337 km) and Western (1,506 km) corridors largely operational. Detailed project reports for three new DFCs—East-Coast, East-West, and North-South—are under review. Freight trains have increased from 247 in 2023-24 to 371 in 2025, improving efficiency. Infrastructure upgrades include interlocking at 6,623 stations, advanced signalling, and Kavach ATP deployment. With modernised rolling stock and Rashtriya Rail Sanraksha Kosh (RRSK) funding, Indian Railways continues to expand freight capacity, reducing logistics costs and boosting economic growth.Contact: Ministry of RailwaysWebsite: www.indianrailways.gov.in Tel -  02-23386645Kernex Microsystems Consortium Secures Rs 3.25 Bn Kavach ContractKernex Microsystems (India), leading the KERNEX-MRT consortium, has won a Rs 3.25 billion contract from South Eastern Railway to supply, install, test, and commission Kavach across 688 route km in the Kharagpur and Chakradharpur divisions. The project, aimed at preventing collisions, overspeeding, and signal violations, will be completed within 1,000 days. Kavach, India’s indigenous Train Collision Avoidance System (TCAS), plays a crucial role in enhancing railway safety and operational efficiency.Contact: Kernex MicrosystemsWebsite: www.kernex.in Tel - 91-8414667600Email - inquiries@kernex.inRVNL Secures Rs 1.56 Bn EPC Contract for South Western RailwayRail Vikas Nigam (RVNL) has won a Rs 1.56 billion EPC contract for South Western Railway, covering 99.463 RKM and 114.145 TKM. The project includes Transmission Substations (TSS), Switching Posts (SPs), Sectioning and Paralleling Posts (SSPs), along with electrical, engineering, and telecom works. Classified as a domestic project under SEBI regulations, it will be completed within 18 months. Awarded through a standard bidding process, the contract does not involve promoter group companies or related party transactions. RVNL is a public sector enterprise under the Ministry of Railways.Contact: Rail Vikas Nigam Ltd (RVNL)Website: www. rvnl.orgTel - 011-26738299Email - info@rvnl.orgTBM Adyar Achieves Major Breakthrough for Chennai Metro Phase 2L&T’s TBM Adyar (S-1326A) has made a major breakthrough at Adyar Junction for Chennai Metro Phase 2’s Line 3. The 100m-long TBM successfully tunneled 300m under the Adyar River. L&T is constructing 24 km of twin tunnels under Package TU-02, secured for Rs 23.85 billion in 2021. With 10 breakthroughs now completed, key milestones include tunneling at Sterling Road and Adyar Junction. Officials affirm that Chennai Metro Phase 2 is advancing steadily, enhancing urban connectivity and bringing the city closer to a modern, efficient metro network.Contact: L&TWebsite: www.larsentoubro.com Tel - 0172-464 68003rd AC Becomes Indian Railways’ Top Revenue EarnerIndian Railways has witnessed a remarkable rise in 3rd AC travel, surpassing sleeper class in revenue for the first time. This surge reflects passengers’ growing preference for comfort, hygiene, and affordability post-Covid. In 2019-20, 110 million passengers traveled by 3rd AC, rising to 260 million in 2024-25, a 19 per cent increase. Revenue jumped from Rs 123 billion to Rs 300 billion, making it the highest-earning class. The pandemic accelerated this shift, as passengers prioritise cleaner, safer journeys. With increasing demand, 3rd AC is now redefining long-distance travel, becoming the new standard for railway commuters in India.Contact: Ministry of RailwaysWebsite: www.indianrailways.gov.in Tel - 02-23386645Reliance to Acquire 74 per cent Stake in Nauyaan Shipyard Reliance Strategic Business Ventures (RSBVL), a Reliance Industries subsidiary, is acquiring 74 per cent of Nauyaan Shipyard (NSPL) from Welspun Corp for Rs 3.82 billion, pending adjustments. NSPL’s leasehold covers 138 acres near RIL’s Dahej plant, designated for salt handling, engineering fabrication, and hydrogen electrolyser manufacturing. With an Rs 6.43 billion enterprise value, NSPL’s 100 per cent equity is Rs 5.17 billion, with Rs 9.3 billion payable to WCL. Regulatory approvals are underway, with the deal expected to close by March 21, 2025.Contact: Reliance IndustriesWebsite: www.ril.com Tel – +91-22-3555-5000Email - info@ril.com Goa Shipyard Launches Second P1135.6 Frigate TavasyaGoa Shipyard (GSL) has successfully launched Tavasya, the second Project 1135.6 frigate, reinforcing India’s Atmanirbhar Bharat vision in defence manufacturing. The vessel boasts stealth features, advanced combat systems, and over 56 per cent indigenous content, significantly surpassing similar foreign-built ships. Defence officials lauded GSL’s record-breaking launch of two weapon-intensive frigates in just eight months. With a 3,800-tonne displacement, Tavasya enhances the Indian Navy’s operational might.Contact: Goa Shipyard LtdWebsite: www.goashipyard.inTel : 91-832-2512152 Email - contactus@goashipyard.comK&R Rail Engineering Signs MoU with Indian Port Rail & Ropeway K&R Rail Engineering has signed an MoU with Indian Port Rail & Ropeway to collaborate on large-scale infrastructure projects in India and globally. This partnership will focus on railway, road, highway, and port projects valued between Rs 500 million and Rs 50 billion, enhancing efficiency and expanding infrastructure opportunities. K&R Rail, specialising in EPC services, reported a 523.3 per cent surge in net profit in Q3 FY25, reaching Rs 60.42 million. With expertise in track construction, electrification, and railway operations, the company aims to strengthen its industry presence through this strategic alliance.Contact: K&R Rail EngineeringWebsite: www.krrailengg.comTel: 04029345259Email info@krrailengg.comIndia Plans Fivefold Expansion of Chabahar Port in 10 YearsIndia is investing Rs 40 billion to expand Iran’s Chabahar Port, aiming to boost capacity to 500,000 TEUs over the next decade. The plan includes mobile harbour cranes, a second berth, and modernisation efforts by India Ports Global Ltd (IPGL) to attract Indian shipping lines. Chabahar, a key hub in the International North-South Transport Corridor (INSTC), has seen a 43 per cent rise in vessel traffic and 34 per cent growth in container volumes. India’s commitment includes a $120 million grant and $250 million Line of Credit, reinforcing its strategic maritime presence in the region.Contact: India Ports Global Ltd (IPGL)Website: www.ipgl.co.inEmail: indiaportsglobal@gmail.comMaersk to Invest $5 Billion in Indian Port InfrastructureMaersk plans a $5 billion investment in India’s port and logistics infrastructure, focusing on Pipavav Terminal (Gujarat) and Vadhavan Port (Maharashtra). The entity has earmarked $2 billion for expanding Pipavav, while the remaining funds will support Vadhavan’s container terminal development. However, the investment hinges on extending its Pipavav concession beyond 2028 and winning a tender at Vadhavan. Negotiations with the Gujarat Maritime Board continue, with no resolution yet. As India expands its port sector, Maersk aims to strengthen its foothold, competing for upcoming container terminal contracts at Vadhavan and other Gujarat ports.Contact: MaerskWebsite: www.maersk.com Tel - 91 44 25362201

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