Turkish Firm Owes Rs 800 Million to Metro Contractors

31 May 2025 CW Team

Gulermak, a Turkish company involved in constructing the underground section of the Kanpur Metro, has allegedly left India without clearing dues of Rs 800 million owed to 53 subcontractors. The project was jointly executed with Sam India under the supervision of Uttar Pradesh Metro Rail Corporation (UPMRC).

The payment delays reportedly began after diplomatic tensions between India and Turkey following Operation Sindoor. Contractors claim they received irregular payments before company officials vacated Kanpur and ceased communication. Despite repeated appeals, UPMRC has not intervened, prompting nine contractors to submit formal complaints to the District Magistrate.

Specific dues listed include Rs 37 million to Metro Marble, Rs 17 million to Shreyans Infratech, and Rs 12 million to Radiant Services, among others. UPMRC stated that its payments to Gulermak were complete and that the unpaid firms were subcontracted directly by Gulermak.

The corporation has retained five per cent of the contract value as reserve and may release it to resolve the issue if Gulermak fails to pay. The incident has raised concerns over due diligence in international contracting for public infrastructure projects.

Source:Financial Express

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..