Engineering

French firm Systra accuses MMRDA of corruption, seeks diplomatic intervention
French engineering firm Systra has alleged corruption and delays by the Mumbai Metropolitan Region Development Authority (MMRDA), citing undue financial demands and stalled payments. The French embassy has sought intervention, while MMRDA dismisses the claims as baseless and has issued a termination notice to Systra.

Schneider Electric plans to open 3 more plants in India
Schneider Electric plans to open three new manufacturing plants in India, located in Kolkata, Hyderabad, and Ahmednagar. The company's focus includes leveraging AI and digitization to drive growth in India's energy sector, with significant investments aimed at supporting India's digitalization, sustainability, and infrastructure modernization efforts.

Siemens looks to increase factory capacity under Make in India initiative: Official
Siemens is enhancing its factory capacity under the Make in India initiative to meet local and global demand for power and rail infrastructure. With Rs 9,000 crore investments since 2015 and an additional Rs 1,100 crore planned, Siemens aims to support India's economic goals and infrastructure modernization.

Crompton looks to join billion dollar sales club in FY25, launches new vision
Crompton Greaves Consumer Electricals aims to cross USD 1 billion in sales this fiscal, driven by its Crompton 2.0 strategy focusing on innovation and consumer-centric products. The company is expanding into new segments and introducing energy-efficient technologies in fans, pumps, and lighting, aiming to double turnover in five to six years.

Larsen & Toubro secures large order from Hindalco to set up alumina refinery in Odisha
Larsen & Toubro has received a significant order from Hindalco to construct an 850 KTPA greenfield alumina refinery in Odisha. The order, worth between Rs 2,500 crore and Rs 5,000 crore, involves engineering, manufacturing, supply, and installation, in collaboration with renowned technology providers.

BHEL bags Rs 6,700 cr order from Singareni Collieries
Bharat Heavy Electricals Ltd (BHEL) has secured a 6,700 crore order from Singareni Collieries Company to develop an 800 MW thermal power unit in Telangana. The project, based on EPC (Engineering, Procurement & Construction), will be established next to existing units, with BHEL handling design, manufacturing, and commissioning.

Titagarh Rail bags Rs 537-crore order from Adani Cement
Titagarh Rail Systems Ltd has secured a Rs 537.11 crore contract from Ambuja Cements and ACC Ltd to supply 16 specialised freight rakes. These will include wagons for transporting fly ash and cement, aiming to increase logistics efficiency. Deliveries are scheduled between January 2026 and March 2027.

EIL eyes nuclear expansion, overseas business push
Engineers India Ltd plans to enter the nuclear energy sector, focusing on design, engineering, and project management. They are working on the Kudankulam and Gorakhpur nuclear plants and eyeing small modular reactors. Additionally, EIL is expanding operations in the Middle East, securing significant contracts, including a Rs 190 crore order from Adnoc in the UAE.

VA Tech Wabag secures Rs 3,251 crore order in Saudi Arabia
VA Tech Wabag has secured a consortium order worth Rs 3,251 Crores for the construction of a 200 MLD independent sewage treatment plant in Riyadh, as part of Saudi Arabia’s Vision 2030. The project will be executed in partnership with Mutlaq Al-Ghowairi Contracting Company, focusing on improving sewage treatment services and the quality of life.

BHEL bags Rs 8,000 crore order from Mahagenco
Bharat Heavy Electricals Ltd (BHEL) has secured an Rs 8,000 crore order from Maharashtra State Power Generation Company Limited (Mahagenco) for a BTG package of Koradi Thermal Power Station. The project involves supplying equipment, erection, commissioning, and civil works and is expected to be completed in 52-58 months.
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Rolls-Royce, Triveni Engineering ink pact to explore opportunities in marine gas turbine generators
Triveni Engineering & Industries Ltd has signed an MoU with Rolls-Royce Marine North America Inc to explore collaborations on 4MW marine gas turbine generators for the Indian Navy. The partnership aims to bring advanced technology for India's naval defence, enhance indigenous capabilities, and provide end-to-end support from installation to after-market services.

Hind Rectifiers to set arm for AI, Web3 solutions, expand Nashik facility
Hind Rectifiers expands its manufacturing capacities in Nashik, while planning a subsidiary for advanced tech in AI and Web3. The company's net profit for Q3 FY25 rose nearly six-fold driven by substantial order flows. Hind Rectifiers secured orders worth Rs 229 crore, including a Rs 73 crore contract from Indian Railways.

L&T to set up pellet, DRI plant in Middle East & North Africa region
Larsen & Toubro (L&T) is set to establish a pellet and direct reduction of iron (DRI) plant in the MENA region. The project, for a leading steel player, involves designing, building, and constructing the facilities using advanced technologies, under L&T's Minerals & Metals business.

L&T to construct Uzbekistan’s first AI-enabled, sustainable 10-MW data center in Tashkent
Larsen & Toubro (L&T) has secured a project to build Uzbekistan's first AI-enabled and sustainable 10-Megawatt data center in Tashkent. Valued between Rs 1,000-2,500 crore, the project involves engineering, procurement, and construction of a state-of-the-art facility designed to power AI applications, reduce environmental impact, and enhance energy efficiency.

China’s Sany Heavy is considering stake sale in India business
Sany Heavy Industry Co. is contemplating selling a stake in its Indian business. The company has consulted advisors and potential investors, including Indian tycoons, as part of early-stage discussions. This move comes amid rising investor interest and an all-time high Indian stock market. Sany India’s facility in Pune manufactures construction equipment and has a significant dealer network.

Kalpataru Projects International secures Rs 2,038 cr orders
Kalpataru Projects International, along with its international subsidiaries, has secured new orders worth Rs 2,038 crore in the Transmission & Distribution sector, both domestically and internationally, as well as in building projects within India. This increases their Year to Date order intake to Rs 19,361 crore, enhancing business visibility and growth prospects.