RVNL Wins Rs 1.43B Electrification Contract in Southern Railway

17 Apr 2025 CW Team

Rail Vikas Nigam Ltd (RVNL) has emerged as the lowest bidder for a Southern Railway contract worth Rs. 1.43 bn to upgrade the electric traction system in Tamil Nadu. The project aims to support a 3,000 metric tonne loading capacity. The contract covers the Salem Junction–Podanur Junction and Irugur–Coimbatore Junction–Podanur Junction sections of the Salem division. The existing 1x25 kV traction system will be upgraded to a 2x25 kV system, enhancing load-bearing efficiency and improving operational performance.

RVNL will be required to complete the project within twenty-four months, as per the terms outlined in the exchange filing.

Following the announcement, RVNL’s shares rose by 1.8 per cent, closing at Rs. 343.7. Despite a four per cent gain over the past month, the stock remains down 20 per cent in 2025, and nearly 50 per cent below its all-time high of Rs. 647, reached in 2024.

The government currently holds a 72.84 per cent stake in the company, according to filings from the December 2024 quarter.

Source: BW Online Bureau

Image source:greaterkashmir

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..