Siemens-Led Consortium Bags Rs.7.66 Bn Order from Bangalore Metro

15 Jul 2024 CW Team

A consortium led by Siemens has secured a significant ?7.66 billion contract from Bangalore Metro Rail Corporation Ltd (BMRCL) for the supply of signaling and train control systems. This contract underscores the ongoing expansion and enhancement efforts of Bangalore's metro network to meet the city's growing urban transportation demands.

The contract includes the design, supply, installation, testing, and commissioning of communications-based train control (CBTC) and automatic fare collection (AFC) systems for the upcoming sections of Bangalore Metro Phase 2A and Phase 2B. These systems are critical for ensuring safe, efficient, and reliable operations of the metro network.

Siemens, a global leader in technology and engineering solutions, will play a pivotal role in implementing state-of-the-art signaling technology that enhances train frequency, reduces travel time, and improves passenger experience. The consortium's expertise in delivering complex infrastructure projects aligns with BMRCL's vision to transform Bangalore into a smart city with world-class metro connectivity.

The Bangalore Metro expansion is part of the city's comprehensive urban mobility strategy aimed at easing traffic congestion, reducing pollution, and promoting sustainable transport solutions. The integration of advanced signaling and fare collection systems is expected to elevate the metro's operational efficiency and capacity, catering to the increasing ridership demands.

With this contract, Siemens and its consortium partners reaffirm their commitment to supporting India's infrastructure development goals and contributing to the country's sustainable growth trajectory. The project is set to enhance Bangalore's metro infrastructure significantly, benefiting millions of commuters and furthering the city's reputation as a hub of technological innovation.

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..