

Synergy Capital Buys Saurashtra Fuel’s Mundra Plant
Sudhir Maheshwari-led Synergy Capital has emerged as one of India’s largest independent producers of low-ash metallurgical coke following its acquisition of Saurashtra Fuel’s flagship plant in Mundra, Gujarat.The transaction marks Synergy Capital’s first buyout equity deal in India. The acquisition is intended to strengthen raw material security in the metallurgical coke market, which remains structurally undersupplied. The investment manager is expected to invest Rs 12 billion over the next three years to acquire the plant from its promoters, the Agarwalla and Sinha families. Including ..

KEC Wins Rs 11 Billion Orders Across Key Sectors
KEC International Ltd., a global infrastructure EPC major and part of the RPG Group, has announced the securing of new orders worth Rs 11 billion across its diverse business verticals.In the civil segment, the company received a prestigious order for civil and structural works of a 150 MW thermal power plant from a leading private player in India.In the transportation business, KEC bagged contracts under the Train Collision Avoidance System (TCAS) programme, known as ‘Kavach’, aimed at enhancing rail safety in India.The transmission and distribution (T&D) division won orders for the su..

RITES Bags Rs 362 Million Order From DVC
RITES Limited, a Schedule 'A' enterprise under the Government of India, has announced that it has received a major domestic work order from the Damodar Valley Corporation (DVC). The company disclosed the development in a filing to the BSE and NSE dated 2 October 2025. The total contract value stands at Rs 362 million (excluding GST).Under the agreement, RITES will provide comprehensive services for the DVC Mejia Thermal Power Station. The scope of work includes the Annual Maintenance Contract (AMC) for Railway Sidings tracks, Operation and Maintenance (O&M) of Signalling and Telecommunicat..