JMD Consultants and NCES win Rs 1.92 billion contracts from DMRC

26 Aug 2024 CW Team

The Delhi Metro Rail Corporation (DMRC) has awarded a Rs 1.92 billion contract for train operation services on the Yellow and Violet lines of the Delhi Metro network. The Yellow Line covers the Kashmere Gate and Qutub Minar sections, while the Violet Line covers the Badarpur Border section. The technical bids for the contract were opened on March 22, 2024, with the financial bids following on June 20, 2024. The contract was officially awarded on August 9, 2024, with a project timeline of 2,310 days, extending from 2024 to 2031. Out of five bidders, JMD Consultants secured the contract for the Yellow Line, and Nuvision Commercial and Escort Services (NCES) won the contract for the Violet Line, each valued at Rs 960 million. The Yellow Line spans approximately 20.2 km, while the Violet Line covers 13.4 km.

(metro rail news)

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..