Titagarh Wins Rs 24.8 Billion Mumbai Metro Line 5 Order

05 Nov 2025 CW Team

Titagarh Rail Systems Ltd (TRSL) has announced that it has secured a Rs 24.81 billion contract from the Mumbai Metropolitan Region Development Authority (MMRDA) for the design, manufacture, supply, and commissioning of 132 metro coaches and associated systems for Mumbai Metro Line 5.

The comprehensive contract also includes signalling for 24.9 kilometres of track, telecommunication systems across 16 stations, installation of platform screen doors, depot machinery, and five years of complete maintenance support, the company said in a statement.

The project spans both Phase 1 (Kapur Bawdi–Kasheli–Dhamankar Naka) and Phase 2 (Dhamankar Naka–Bhiwandi–Kalyan APMC) of the Line 5 corridor, which will serve as a key link in the expanding Mumbai Metro network.

This is Titagarh Rail Systems’ second major order for the Mumbai Metro, following its earlier contract for Line 6, further strengthening its position as one of India’s leading metro rolling stock manufacturers.

Vice-Chairman and Managing Director Umesh Chowdhary said, “This milestone highlights Titagarh’s growing capability in delivering end-to-end metro rail solutions, from design to commissioning.”

All manufacturing work for the project will take place at TRSL’s state-of-the-art Passenger Rail Systems facility in Uttarpara, near Kolkata, which specialises in advanced metro and passenger rail coach production.

The new order reinforces Titagarh’s strategic role in India’s expanding urban mobility infrastructure and underscores MMRDA’s continued focus on domestic manufacturing under the ‘Make in India’ initiative.

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..