GRSE to Build Four Hybrid Multi-Purpose Vessels for German Firm

23 Sep 2025 CW Team

Garden Reach Shipbuilders and Engineers (GRSE), a defence public sector undertaking, has signed a contract with Germany’s Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG for four Hybrid Multi-Purpose Vessels (MPVs) worth USD 62.44 million (approx. Rs 520 crore).

The vessels, measuring 120 metres in length and 17 metres in width, will feature hybrid battery-assisted propulsion, enhanced fuel efficiency, and flexible cargo handling. With capacity to carry 7,500 metric tonnes, they are designed to transport bulk, general, project cargo and even multiple windmill blades on deck—serving the renewable energy logistics sector.

The contract builds on GRSE’s ongoing collaboration with Carsten Rehder, including the CORAL 7,500 DWT MPV series, which commenced construction earlier this year in Kolkata. This agreement marks another step in GRSE’s growing role in international commercial shipbuilding.

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..