PSP secures Rs 6 billion rail contract from RVNL

19 Jan 2024 CW Team

PSP Projects Limited has successfully secured a significant contract worth Rs 631 crore from Rail Vikas Nigam Limited (RVNL) for the construction of Gati Shakti Vishwa Vidhyalaya at Baroda, Gujarat. The contract involves executing crucial rail infrastructure projects, contributing to the expansion and enhancement of the rail network. PSP Projects, a prominent player in the construction and infrastructure sector, has demonstrated its capability to undertake substantial projects, further solidifying its position in the market.

The contract with RVNL underscores PSP Projects' expertise in delivering high-quality infrastructure solutions. The company's successful bid for this substantial project reflects its strategic approach and commitment to contributing to the growth and development of the rail sector. With a focus on timely and efficient project execution, PSP Projects aims to play a pivotal role in the ongoing expansion and modernization of the country's rail infrastructure.

This contract win is anticipated to positively impact PSP Projects' financial performance, boosting its revenue and market standing. The company's ability to secure such significant contracts highlights its competitive edge and the trust placed in its capabilities by clients and industry stakeholders. As the rail sector continues to witness substantial investments and advancements, PSP Projects is well-positioned to capitalize on emerging opportunities and further strengthen its presence in the infrastructure domain.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..