RVNL wins bid for Nagpur Metro Phase 2 civil package C6 project

18 Oct 2024 CW Team

Rail Vikas Nigam (RVNL) has been named the lowest bidder for the civil package C6 of the Nagpur Metro Phase 2 project, according to the Maharashtra Metro Rail Corporation Ltd. (Maha-Metro). The contract entails the construction of 10 elevated metro stations along the 6.6 km western extension (Reach 3A) and the 5.5 km eastern extension (Reach 4A) of the Aqua Line, totaling 19.4 km.

Reach 4A includes three stations: Pardi, Kapsi Khurd, and Transport Nagar, while Reach 3A features seven stations: Hingna Mount View, Rajiv Nagar, Wanadongri, APMC, Raipur, Hingna Bus Station, and Hingna. Maha-Metro had called for bids in January 2024 with an estimated cost of Rs. 307.34 crore and a 900-day completion timeline. The technical bids were revealed in March 2024, showcasing only two bidders: RVNL and YFC Projects – BBG Infrastructure JV. The YFC – BBG JV was disqualified due to non-compliance with the tender requirements, securing RVNL's position as the preferred contractor even before the financial bid was considered.

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..