Texmaco Rail Secures Rs 3571.1 Million Order From JSW Group

08 Apr 2026 CW Team

Texmaco Rail and Engineering Limited has received an order from JSW Group for the manufacture and supply of BLSS, BLCS and BFNV rakes along with BVCM wagons. The order has been placed by a domestic entity and is valued at Rs 3571.1 million (mn), excluding taxes. The contract specifies a term of 11 months from the effective date or commencement of works as applicable.

The transaction has been disclosed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 and related circulars. The company has confirmed that the promoter, promoter group and group companies have no interest in the entity that awarded the order and that the order does not constitute a related party transaction. The company secretary filed the intimation with the National Stock Exchange of India Limited and BSE Limited for regulatory record.

The order requires manufacture and supply of specified rakes and wagons and will entail coordination across production, quality assurance and logistics functions. Execution within the stipulated term will be material to near term manufacturing schedules and will engage assembly and delivery resources. The consideration and contractual timeline are expected to be integrated into the company's operational planning without altering the disclosed governance position. Testing, commissioning and compliance checks will form part of the delivery milestones and will require close liaison with customers for scheduling and acceptance.

The company has communicated the details for public and investor information and will proceed with implementation as per contractual terms and applicable compliances. The company will monitor progress through its project management teams and ensure adherence to safety and quality standards during manufacture and dispatch. Further updates will be provided through stock exchange filings.

Infrastructure Energy

08 Jun 2026

India Adds Record 44.61 GW Solar Capacity in FY2026

India’s solar sector reached a milestone in FY2026, with cumulative installed capacity crossing 150 GW and annual additions hitting a record 44.61 GW, exceeding the government target of 34 GW and nearly doubling FY2025’s 23.83 GW. Distributed Renewable Energy contributed 16.3 GW, while PPA and C&I segments accounted for 34 per cent and 30 per cent, respectively.India has risen from 9th globally in 2015 to 3rd in cumulative solar capacity by 2025 and is set to become the world’s second-largest solar market in annual installations in 2026. Seven states, led by Rajasthan and Gujarat, ac..

Abhee Ventures unveils Scottish-themed 45-acre township in Bengaluru

Abhee Ventures, a leading South Indian real estate developer, has announced “Codename New Dimension,” a 45-acre Scottish-themed residential township at Gunjur on Whitefield–Sarjapur Road, Bengaluru. Strategically located between Whitefield and Sarjapur Road, Gunjur benefits from strong connectivity to the Outer Ring Road IT corridor, ITPL, EPIP, the upcoming Dommasandra Metro Station, and the proposed SWIFT City and Peripheral Ring Road.The township, designed in collaboration with London-based UHA London and India’s RSP Architects, offers low-density living with 85 per cent open spaces..

BPE launches world’s thinnest Active Tile for legacy data centres

Best Power Equipments (India) Pvt Ltd (BPE), a leading provider of power solutions, data centre systems, and Battery Energy Storage Systems (BESS), has launched the BPE Active Tile, the world’s thinnest active tile designed for legacy data centres and telecom infrastructure. At just 65 mm thick, the tile requires significantly less space than conventional active tiles, which need nearly 450 mm floor depth.“Most legacy data centres were built decades ago for lower IT loads and traditional airflow patterns,” said A Prabhu, Executive Director – Technical (Global Operations), BPE. “As ra..