Bidders Compete for Bengaluru Suburban Rail’s Head-Hardened Rails Bid

05 Feb 2025 CW Team

Karnataka’s Rail Infrastructure Development Company (K-RIDE) has received bids from three firms for the supply of 19,000 MT of head-hardened rails for the 149.35 km Bengaluru Suburban Rail Project. The technical bids were opened on February 2, 2025.

The special tracks will be deployed along the 23.86 km Corridor 2 (Mallige Line) from Baiyyappanahalli to Chikkabanavara and the 46.88 km Corridor 4 (Kanaka Line) from Heelalige to Rajanukunte. The 60E1 – 1080 grade rails, manufactured as per Indian Railway Specification T-12-2009, undergo a special heat treatment to enhance strength, reduce residual stress, and extend track life.

Bidders for the contract:

ArcelorMittal Espana S.A
Mitsui & Co., Ltd.
Saarstahl Rail

K-RIDE had floated the tender in September 2024 with an estimated cost of Rs 1.35 billion and a one-year completion timeline. Surprisingly, Jindal Steel & Power Ltd. (JSPL), the only Indian firm capable of competing, did not submit a bid.

With the technical evaluation now underway, the financial bids of qualified firms will be opened in the coming months to determine the lowest bidder and most likely supplier.

This is the third track-related contract for the project to reach this stage.

Previous contracts included:

Corridor 2’s ballastless/ballasted track work (Benniganahalli to Chikkabanavara, including Soladevanahalli Depot).
Supply of 2,250 MT 60E1 880 Grade Rails, where JSPL was the sole bidder in November 2024.

(themetrorailguy)

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..