Hindustan Construction Secures Rs 25.65 Bn Contracts for Patna Metro

26 Sep 2025 CW Team

Hindustan Construction Company (HCC) has announced the award of two major contracts from Patna Metro Rail Corporation (PMRCL), collectively valued at Rs 25.65 billion. The contracts form a key part of the first phase of the Patna Metro Rail Project.

The contracts include the construction of 10.67 km of underground tunnels using Tunnel Boring Machines (TBM) and the development of six underground metro stations. These works are expected to significantly advance the progress of the Danapur–Khemnichak Corridor.

As per HCC’s statement, Package PC-05 covers the design and construction of twin tunnels with shield TBMs, a cut-and-cover tunnel, and an underground ramp at Mithapur. It also includes three stations — Vikas Bhawan, Vidyut Bhawan, and Patna Station.

Package PC-06 will involve an underground ramp at Rukanpura, along with metro stations at Rukanpura, Raja Bazar, and Patna Zoo. Both packages also cover architectural works, water supply, sanitary, and drainage systems across the corridor.

HCC has played a pivotal role in strengthening India’s metro infrastructure, contributing to the successful execution of projects in Delhi, Bengaluru, Mumbai, and Kolkata. With the Patna Metro project, the company continues its commitment to building advanced urban transport systems that enhance connectivity and support sustainable urban development.

News source: Devdiscourse

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..