BEML Wins Rs 36.58 Billion for Chennai Metro Contract

02 Dec 2024 CW Team

Bharat Earth Movers Limited (BEML) is set to supply 210 metro cars configured into 70 three-car train sets, which will predominantly operate in Unattended Train Operation mode. The metro trains will serve three major corridors in Chennai: Madhavaram to Sipcot (45.8 km), Lighthouse to Poonamallee (26.1 km), and Madhavaram to Sholinganallur (47 km). The total network spans 118.9 km, comprising 76.3 km of elevated tracks and 42.6 km of underground sections. According to the statement, the first train set will be delivered by January 2027, with the final set expected by April 2029. The contract encompasses the design, manufacture, supply, testing, commissioning, and training for Standard Gauge Metro Rolling Stock (Electrical Multiple Units), as well as Depot Machinery and Plant. It also includes a comprehensive 15-year maintenance agreement. BEML Chairman and Managing Director Shantanu Roy stated, “At BEML, we take immense pride in contributing to the nation’s infrastructure development.” BEML Ltd, a leading multi-technology 'Schedule A' company under the Ministry of Defence, plays a critical role in supporting India’s core sectors, including Defence, Rail, Power, Mining, and Construction, by delivering world-class products.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..