Engineering
Aviation industry's overall supply chain constrained; company making improvements: GE Aerospace
GE Aerospace is addressing aviation's constrained supply chain with its proprietary FLIGHT DECK lean operating model. This initiative has already achieved significant improvements, including a 50% reduction in LEAP engine test cycle times and a 26% increase in supplier material input. The company is actively collaborating with Indian manufacturers and suppliers to mitigate these industry-wide challenges.
KEC International bags Rs 1,064-crore order to set up transmission line in Saudi Arabia
KEC International has landed a significant Rs 1,064 crore contract in Saudi Arabia for a 380 kV transmission line. This latest win, part of a strong Middle East performance, boosts the company's international transmission and distribution order book. With year-to-date orders exceeding Rs 15,000 crore, KEC International continues its global infrastructure expansion.
Ceigall India gets Rs 6.61 cr arbitration award from Arbitral Tribunal
Ceigall India has secured a Rs 6.61 crore arbitration award with 12% future interest from the arbitral tribunal. The Punjab Public Works Department is also directed to release an Rs 80 lakh bank guarantee. This award, related to the Halwara Airport Terminal project, reinforces the company's execution credibility and financial position.
Nitin Gadkari asks civil engineers to strive for quality construction, opt for innovation
Union Minister Nitin Gadkari urged engineers to abandon the "chal jaata hain" mentality, emphasizing quality construction as a core work ethic. He advocated for pre-casting in infrastructure projects to reduce costs and enhance quality, while also stressing the need for research into bridge collapse prevention and strict audits for accountability. Gadkari highlighted innovation in material sourcing and successful environmental initiatives.
Vascon Engineers bags Rs 161 crore redevelopment project in Mahalaxmi, Mumbai
Vascon Engineers secured a significant Rs 161 crore project for the redevelopment of the Saudamini Building in Mahalaxmi, Mumbai. This project is slated for completion within 36 months. The company is strengthening its redevelopment strategy in Mumbai, with a substantial pipeline of projects expected to contribute significantly to its real estate portfolio by FY27.
KEC International bags new orders worth over Rs 1,100 cr
Engineering and infrastructure major KEC International on Monday announced that it has secured new orders worth ₹1,102 crore across multiple business segments. In a statement, the company said its civil business won an order for civil and structural works of a 150 MW thermal power plant from a leading private firm in India.
LTTS bags USD 100 million deal from US-based manufacturer
L&T Technology Services (LTTS) secured a USD 100 million multi-year agreement with a US-based industrial equipment manufacturer serving the semiconductor value chain. LTTS will support the client in new product development, sustenance engineering, and platform automation, leveraging AI and computer vision. The company will also establish a Centre of Excellence to drive innovation.
BHEL gets two new orders worth Rs 13-15K crore
State-owned BHEL has secured two significant EPC projects from M.P. Power Generating Company Ltd. valued between Rs 13,000-15,000 crore. These orders are for 1x660 MW Amarkantak and 1x660 MW Satpura Supercritical Thermal Power Plants in Madhya Pradesh. Each project is scheduled for completion within 57 months from the notification of award.
Man Industries says no material impact of SEBI order on company's current, future ops
Man Industries asserted that SEBI's two-year ban on the company and its three senior executives for alleged financial misstatement will not materially impact its current or future operations. The firm emphasized its strong order book, robust capex pipeline, and asset monetisation, stating the order pertains to legacy matters and its fundamentals remain solid.
Oaktree Capital Management loans Rs 10,000 crore to MEIL's Krishna Reddy for family buyout
Oaktree Capital Management will lend up to Rs 10,000 crore to Megha Engineering's MD, PV Krishna Reddy, to finance the buyout of PP Reddy's 49% stake. Krishna Reddy plans a mix of strategies, including asset sales, IPOs, and pre-listing funding, to meet financial requirements. The group is also exploring stake sales in power transmission and city gas distribution projects.
Must Watch
BHEL receives GST show cause notices worth ₹586.43 crore for FY22-FY24
Bharat Heavy Electricals Limited (BHEL) has received show cause notices totaling ₹586.43 crore from Telangana's Commercial Tax Department under GST regulations. Issued by the Assistant Commissioner (ST), the notices pertain to GST Annual Returns and financial statements across three fiscal years: 2021-22, 2022-23, and 2023-24.
Texmaco bags Rs 87 crore wagon order from UltraTech Cement
Texmaco Rail & Engineering has secured a Rs 86.85 crore order from UltraTech Cement for specialized freight wagons and brake vans, which will serve UltraTech's plants in Madhya Pradesh. The brake vans will incorporate solar-powered systems for enhanced energy efficiency. Furthermore, Texmaco announced the reappointment of key leadership figures, positioning itself to capitalize on India's rail and infrastructure growth.
Megha Engineering secures historic contract for India's first private strategic petroleum reserve
Megha Engineering & Infrastructures Ltd. has won a Rs 5,700-crore project to build and operate India's first private-sector strategic petroleum reserve (SPR) in Padur, Karnataka. This initiative aims to significantly boost India's energy security by adding 2.5 million metric tonnes to the existing strategic stockpile.
L&T gets large order for Mumbai-Ahmedabad bullet train project
Larsen & Toubro (L&T) has secured a significant order from National High Speed Rail Corporation Ltd (NHSRCL) for the Mumbai-Ahmedabad bullet train project. L&T will construct 156 route km of high-speed ballastless track. This marks L&T's second track-work package win in the MAHSR project, making them responsible for over 50% of the track-works, utilizing Japanese Shinkansen technology.
L&T willing to exit from debt-ridden, loss-making Hyderabad Metro Rail project
Larsen and Toubro wants to sell its stake in the Hyderabad Metro Rail project. The company has faced operational losses. They have requested the government to purchase their stake. L&T cites financial challenges and lack of state assistance. Covid-19 pandemic also impacted ridership. The firm is unable to participate in expansion projects. They have submitted claims to the state government.
Bharat Forge inks pact with UK-based Windracers for (UAV) ULTRA
Bharat Forge and Windracers Limited have partnered to deploy and localize Windracers' ULTRA UAV in India, focusing on defense and civil applications. The collaboration, formalized at DSEI UK 2025, aims to transfer aerospace technology and support innovation under the UK-India FTA. The UAV, proven in challenging environments, will address logistics and operational needs across the Indian military and civil sectors.
