Four bidders submit bids for Chennai Metro’s line-4 PSD contract

21 Oct 2022 CW Team

Four bidders— Fangda Innotech, RT Vision – Dongwoo JV, ST Engineering Electronics, and Zhuzhou CRRC Times Electric—have submitted bids for the platform screen door (PSD) contract of Chennai Metro’s 26.09 km line-4, which would connect Light House to Poonamallee Bypass over 30 stops.

The contract is for design, manufacture, supply, installation, testing and commissioning of platform screen doors for CMRL Phase II Corridor 4.

On this route of Chennai Metro’s Phase 2, full-height platform screen doors will be installed at ten underground stations’ twenty platforms, while half-height PSDs will be put at eighteen elevated stations’ thirty-six platforms.

Chennai Metro Rail (CMRL) floated bids for this contract, which was financed by the AIIB and ADB in May 2022 and had a deadline of 2245 (6.15 years) with an undetermined estimate.

All four bids have been sent for technical bid evaluation, which could take a few months to complete. The financial bids of the technically qualified bidders will be opened after that to reveal who are the lowest bidder and most likely supplier.

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..