Texmaco Rail & Engineering has received a contract worth INR 15.06 crore from the Delhi Metro Rail Corporation to install, test, and commission ballastless track systems and buffer stops across 5.8 track-km on three metro locations. The work is planned to begin on December 1 and is expected to finish within a year. The company noted that the order supports its focus on Make in India and Aatmanirbhar Bharat. Texmaco is also carrying out a larger 58-track-km metro project, where a significant portion of work has already been delivered.Read more
The first phase of Thiruvananthapuram International Airport's redevelopment under Project Anantha is moving forward on schedule, backed by about INR 600 crore. The work focuses on airside upgrades such as drainage improvements, apron redevelopment, and new support buildings. Terminal 1 has already received its canopy and additional parking space. A separate INR 136.31 crore plan for a city-side commercial and hospitality hub is close to securing environmental clearance. Meanwhile, the expansion plan for Terminal 2 is being revised after regulatory delays and is currently under review.Read more
The Union Finance Ministry has approved INR 8,300 crore for Odisha's Rameshwar-Paradip coastal highway, with significant progress already made in land acquisition. The highway, stretching 346 km from Digha in West Bengal to Rameshwar in Khorda, will have a four-lane section up to Konark and two lanes beyond. Delays occurred due to previous alignment changes, while political concerns have been raised over lane reductions. Once Cabinet clearance is received, NHAI will issue construction tenders. The project is expected to boost regional connectivity and infrastructure development.Read more
NTPC Renewable Energy has started commercial supply from 75.50 MW of the 1,255 MW Khavda-I solar PV project in Gujarat, raising the NTPC group's total installed capacity to 84,924 MW. The project, part of the CPSU scheme Phase-II Tranche-III, is being executed through NTPC Green Energy Ltd, with supply starting November 19, 2025. Earlier this month, NTPC increased its installed capacity targets to 149 GW by 2032 and 244 GW by 2037. The move strengthens India's renewable energy growth and supports sustainable power expansion.Read more
Tata Projects Ltd has entered into a memorandum of understanding with Aircraft Support Industries (ASI Global) to jointly design and build aircraft maintenance-repair-overhaul and hangar facilities across India. The partnership brings together Tata Projects' EPC expertise and ASI Global's structural design and modular construction capabilities to offer turnkey aviation infrastructure solutions. The companies expect this collaboration to support India's growing aviation needs by delivering safe, efficient, and faster-to-deploy facilities. The move comes at a time when the country's expanding airline fleet is creating steady demand for modern MRO infrastructure.Read more
A key obstacle for Kolkata Metro's Purple Line has been resolved after Rail Vikas Nigam Limited (RVNL) and the Consulate General of Nepal signed a land-swap MoU. Around 410?sq m of consulate land will be exchanged for 526 sq m of Metro Railway land, enabling construction of a 450 metre ramp between Mominpur and Kidderpore. The agreement follows multiple discussions over three years involving both countries' ministries, Metro Railway, and RVNL. This deal allows vital underground works to progress smoothly while resolving legal and logistical issues linked to the consulate's previous property.Read more
Indian Railways has added a new category under its 2017 catering policy to allow premium single-brand food outlets such as McDonald's, KFC, Pizza Hut, Baskin-Robbins, Haldiram's, and Bikanerwala at railway stations. The decision aims to improve food options and strengthen non-fare revenue, which has remained around 3 percent of total income. Licences will be allotted through e-auctions for five years, with financial terms aligned with the current policy. The move comes as more than 1,200 stations are undergoing redevelopment, creating space for modern commercial facilities.Read more
Indowind Energy Ltd has launched a rights issue of 3.22 crore shares at INR 15.35 per share, raising INR 49.42 crore. Existing shareholders are offered one share for every four held, with a premium of INR 5.35 included in the price. The record date for eligibility is in the current week, and the subscription period runs from December 1 to December 9. The move aims to strengthen the company's equity base while allowing shareholders to increase their holdings.Read more
The Delhi Metro Rail Corporation (DMRC) is extending its co-branding programme to 141 stations across multiple metro lines, aiming to increase brand visibility and engagement with commuters. Companies winning the licence will need to submit detailed advertising plans, covering design, materials, and safety standards. The licences will run for 10 years with a minimum two-year lock-in and an optional five-year extension. Licensees will bear all maintenance, property charges, and applicable taxes. Currently, over 60 stations are co-branded, leaving around 150 still available for partnerships, including the upcoming Phase-IV corridors.Read more
Noida Authority has begun trial runs on the 4.5-km Bhangel Elevated Road after pressure from a farmers' group demanding its immediate opening. The six-lane corridor runs parallel to the DSC Road, connecting the Aghapur petrol pump to the Noida Special Economic Zone, and is expected to ease traffic for several residential sectors and nearby villages. First proposed in 2012, the project faced long delays due to funding issues, design revisions and construction challenges. Its cost increased from INR 468 crore to about INR 608 crore. Earlier this year, the alignment was slightly modified after two unapproved buildings obstructed the original plan.Read more