Projects worth over Rs 2k cr to seek BMC Standing Committee nod

24 Dec 2021 CW Team

Development projects in Mumbai worth over Rs 2,600 crore were proposed before the Brihanmumbai Municipal Corporation (BMC) Standing Committee for approval. These projects include road repair and reconstruction works.

According to officials, 38 proposals for improving the roads worth Rs 1,815 crore were proposed in the meeting. Another project worth Rs 819 crore for Goregaon-Mulund Link Road (GMLR) was also proposed.

The road project includes a six-lane flyover from Dindoshi court to Film City, a second six-lane flyover at Dr Hedgewar junction, Muklund and an elevated rotary junction at Mulund Khindipada.

Road projects, including repairing asphalt and cement concrete roads, were also taken up in the meeting. These projects are in Borivali worth Rs 185 crore, Bhandup, Vikhroli and Powai worth Rs 147 crore, Kurla worth Rs 157 crore and Kandivali worth Rs 122 crore. The road repair works in Tansa Pipeline with the pedestrian elevated bridge were also taken up. The overall cost of road projects is Rs 819 crore.

Many bidders have quoted 15% to 25% less than the estimated cost of BMC. Previously, the tender got cancelled after the contractor quoted a price less than 30% of the estimated cost.

BMC officials said that 80% of the payment would be paid after work completion and the rest 20% after the defect liability period. It will ensure to maintain quality work, and if potholes come up within the defect liability period, some action will be taken.

Image Source

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..