150 Locomotives from Bihar to Power Guinea Project

18 Jun 2025 CW Team

India's Marhowrah Diesel Locomotive Factory in Bihar has secured a landmark export order to supply 150 Evolution Series diesel locomotives to Guinea in West Africa. The deal, valued at approximately Rs 30 billion (USD 360 million), positions India as a rising exporter of rail equipment.

The first locomotive was flagged off on 20 June 2025 by the Prime Minister during a ceremony in Siwan, marking the first-ever export of Indian-built diesel engines to Africa. These 4,500-horsepower locomotives, part of a joint venture with Wabtec, will serve the TransGuinéen Railway supporting Guinea’s Simandou iron ore project.

Established in 2018, the Marhowrah factory has already delivered more than 700 locos to Indian Railways. With this export agreement, it cements its transformation into a global manufacturing hub. The plant has a capacity to produce 100 locomotives per year, with export deliveries scheduled to begin shortly and continue through to 2028.

This breakthrough strengthens India’s “Make in India” and “Make for the World” vision, enhancing Bihar’s industrial profile and generating employment. The export reinforces bilateral ties with Guinea and showcases Indian engineering prowess on the global stage.

The nod from Marhowrah for global rail exports highlights the momentum India has gained as a manufacturing and export powerhouse in rail infrastructure.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..