GRSE Signs MoU with Reintjes GmbH for Marine Propulsion Gearbox Collaboration

06 Aug 2025 CW Team

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has signed a Memorandum of Understanding (MoU) with Reintjes GmbH, a leading German company specialising in the design and manufacture of marine propulsion gearboxes. The partnership aims to explore collaborative opportunities by integrating Reintjes' advanced propulsion gear trains with selected engines on GRSE-built vessels. This strategic association is expected to enhance propulsion efficiency in both defence warships and commercial vessels for domestic and export markets.

GRSE, a Defence Public Sector Undertaking under the Ministry of Defence, was established in 1884 and nationalised in 1960. It holds the distinction of building the first warship in independent India – INS Ajay – in 1961. The company has since delivered over 800 platforms, including 112 warships. GRSE is also known for exporting India’s first warship, CGS Barracuda, to Mauritius, along with vessels for Seychelles and Guyana. Recognised as a Miniratna Category I company since 2006, GRSE operates four distinct shipbuilding units, offering a unique infrastructure advantage.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..