Jupiter Wagons wins Rs 9.57 billion contract for 2,237 BOSM wagons

26 Nov 2024 CW Team

Jupiter Wagons Limited (JWL) has secured a Rs 9.57 billion contract from the Ministry of Railways to supply 2,237 BOSM wagons, further cementing its position as a leader in India's logistics sector. The contract comes as part of the company's broader strategy to enhance rail infrastructure and drive growth through strategic partnerships and cutting-edge technology.

JWL is on track to increase its production capacity to 12,000 wagons annually by the first quarter of FY 2025, a key part of its growth plan.

The company is also scaling up its annual wheelset production to 100,000, demonstrating its focus on innovation and operational efficiency.

In the last quarter, JWL set a production record by manufacturing 2,520 wagons, underscoring its operational excellence and commitment to meeting industry demands.

This Rs 9.57 billion contract is a significant step in JWL’s journey of capacity expansion and production milestones. It highlights the company's crucial role in transforming India's logistics landscape, setting new benchmarks for innovation, production, and partnerships while contributing to the nation's rail connectivity and infrastructure growth.

(PSUconnect)

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..