Mota-Engil and CRRC win €1.3bn Mexican metro deal

17 Oct 2022 CW Team

Mota-Engil, a Portuguese contractor, and CRRC, a Chinese rolling stock manufacturer, have agreed to build three metro lines in northeast Mexico for €1.3 billion.

The contract is for the construction of lines 4, 5 and 6 of the Monterrey subway system, with a total length of 36km. The lines will connect the city centre with Santa Catarina in the north and Mederos in the south.

The ultimate cost of the project will be determined by whether Line 5 is elevated or built below ground. The "Metrorrey" system now comprises three lines and 19 stations, primarily serving the city's northwest and east. The system serves over 500,000 passengers every day on average.

Work is expected to last five years and according to Mota-Engil will help to consolidate the company’s position in the Mexican rail market.

Also Read
SCR completes decade-long rail project in coastal Andhra
Railways launches policy to make its entire fleet electric

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..