ITD Cementation India secures Rs 4,850 cr road project

10 Jun 2022 CW Team

ITD Cementation India Limited increased by 4.73% to Rs 64.15 after the company announced that it had received a letter of intent cum notice to proceed with a road project worth Rs 4,850 crore in Uttar Pradesh.

The company has secured a letter of intent cum notice to execute the civil and associated works on an Engineering, Procurement and Construction (EPC) model to construct a six-lane greenfield expressway in Uttar Pradesh worth Rs 4,850 crore.

The company told the media that it is the single-largest EPC order in its history. The company has achieved a record order book of Rs 20,000 crore, which provides multi-year revenue visibility.

It is an engineering and construction company that works on heavy civil, infrastructure and EPC businesses. The company has established presence and expertise in marine structures, mass rapid transit systems (RTS), airports, hydroelectric power, tunnels, dams and irrigation, national highways, bridges and flyovers, expressways, industrial buildings and structures, foundation and specialist engineering.

The company reported a drop of 68.8% in consolidated net profit to Rs 16.38 crore, with a 19.3% surge in net sales to Rs 1,173.84 crore in the fourth quarter (Q4) of FY22, compared to Q4 FY21.

Image Source

Also read: Adani Enterprises bags Rs 17,000 cr expressway project in UP under PPP

Infrastructure Transport

30 May 2026

Chembur Metro to Boost East Mumbai Links

MMRDA is advancing eastern Mumbai’s urban mobility network, with the upcoming Chembur Metro Station set to emerge as a key interchange and the Mumbai Monorail preparing for relaunch.Dr Sanjay Mukherjee, Metropolitan Commissioner, MMRDA, conducted a site visit to Chembur Metro Station along with Kanhuraj Bagate, Managing Director, MMMOCL. He also visited the nearby VN Purav Monorail Station to review system preparedness and ease of interconnectivity.Once operational, the interchange is expected to offer commuters across the eastern suburbs quicker access, smoother transfers and seamless conne..

Herrenknecht TBMs Drive Thane–Borivali Tunnel Progress

Herrenknecht India has supplied two of the four tunnel boring machines (TBMs) required for the 11-km Thane–Borivali Twin Tunnel Project being developed by the Mumbai Metropolitan Region Development Authority (MMRDA). The project is expected to reduce travel time between Thane and Borivali from 60–90 minutes to around 15 minutes while easing congestion across the Mumbai Metropolitan Region.The first two Single Shield TBMs, named Nayak and Arjuna, feature 13.34-m cutterhead diameters and are designed for hard-rock excavation. They will be deployed to tunnel through the challenging geological..

KBL Launches Smart Skid Mounted Fire Pump Set

Kirloskar Brothers (KBL) has launched its Smart Skid Mounted Fire Pump Set, an integrated fire protection solution designed to improve operational efficiency, remote monitoring and installation flexibility. The system was inaugurated by Ms Madhuritai Misal, Hon. Minister of State for Urban Development, Government of Maharashtra.The Smart Skid Mounted Fire Pump Set is a factory-tested, pre-packaged solution that combines FM/UL-certified motor and engine pump sets with IoT-enabled remote monitoring. Designed to deliver a flow rate of 170 m³/hr at a head of 100 metres, the system aims to provide..