Alstom, Titagarh & BEML Bid for Bhubaneswar Metro’s Rolling Stock Contract

23 Dec 2024 CW Team

A significant milestone has been reached for the Bhubaneswar Metro project, as three companies have submitted bids for Phase 1’s rolling stock contract to supply 39 standard gauge coaches (13 train sets) under Package BRS1. The bidding process began in July 2024 when the Delhi Metro Rail Corporation (DMRC) invited bids for the rolling stock contract, estimated to cost Rs. 5 billion, with a delivery deadline of three years. The technical bids were opened on 6 December 2024, and the firms that placed their bids are Alstom Transport India Ltd., BEML Ltd., and Titagarh Rail Systems Ltd. The contract entails designing, manufacturing, supplying, testing, commissioning, and training for 13 train sets (39 coaches) for the Bhubaneswar Metro Project. The trains will be deployed on the Blue Line, which spans 26 km from Biju Patnaik Airport to Trisulia Square, featuring 20 elevated stations. The new trains will have a 3-coach configuration: Driver Motor Coach (DMC), Trailer Coach (TC), and Driver Motor Coach (DMC), with a total capacity to accommodate 972 passengers. In line with the Make in India initiative, the contract requires that the majority of the trains be manufactured locally, with a maximum of three trains (9 coaches) being produced in an offshore factory. Contractors are expected to either independently or in collaboration with an Indian partner, establish local manufacturing facilities. The technical bids are now undergoing evaluation, and once completed, the financial bids will be opened to determine the lowest bidder for the contract. This development marks a crucial step in the progress of the Bhubaneswar Metro Project, which will play a vital role in improving urban transport in the city.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..