Ashoka Buildcon bags Rs 5.7B rail contract in Maharashtra

25 Apr 2025 CW Team

Ashoka Buildcon has secured a Rs 5.7 billion EPC contract from Central Railway for gauge conversion between Pachora and Jamner in Maharashtra. The project spans 53.3 km and includes earthworks, major and minor bridges, road under-bridges, permanent way work, and civil infrastructure—excluding the Pachora yard and any road over-bridges.

The company confirmed the receipt of the Letter of Acceptance (LoA) in a regulatory filing on April 22. The project is to be executed over 913 days and includes GST in the total contract value.

This win strengthens Ashoka Buildcon’s order book and reinforces its credentials in railway infrastructure. The company recently posted strong Q3 FY25 financials, with profit before tax jumping 62.4 per cent year-on-year to Rs 3 billion despite a 10.1 per cent revenue dip. EBITDA rose 7 per cent YoY to Rs 6.4 billion, with margins improving to 26.8 per cent from 22.5 per cent, underscoring operational efficiency and robust project execution.

Shares of Ashoka Buildcon closed at Rs 198 on the BSE, up 0.56 per cent.

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..