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)

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 ..