Firms Compete for Reliance's ?6,000 Cr Road Projects

16 Oct 2023 CW Team

Several prominent firms are currently in a fierce competition to secure eight road projects valued at ?6,000 crore offered by Reliance Infrastructure. These projects are poised to be a significant boon to the Indian infrastructure sector, as the nation continues its ambitious journey towards development. The battle among these companies underscores the high stakes involved in the nation's burgeoning road construction industry. Reliance Infrastructure's decision to put these road projects up for grabs has piqued the interest of major players in the industry. The competition is expected to be intense, with each company bringing their unique strengths to the table to clinch these substantial contracts. The projects are strategically located across India, promising to enhance connectivity and contribute to the country's economic growth. In this race, the companies are evaluated not only on their financial capabilities but also on their track record in delivering quality infrastructure projects. This development reaffirms India's commitment to boosting its road and highway network, ultimately benefiting the nation's economy and its citizens.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..