K&R Rail signs MoU for infrastructure services

09 Jun 2023 CW Team

K&R Rail Engineering has recently entered into a Memorandum of Understanding (MOU) with Bhalaji Toll Road Private Limited on June 6, 2023. This strategic partnership aims to provide comprehensive services in the infrastructure sector, specifically focusing on Toll Management, Construction, and Maintenance of Highways, as well as other related infrastructure facilities. The MOU sets the stage for the operation and maintenance of roads and highways under the purview of the infrastructure industry.

Building Material

23 May 2025

WCA Chief Urges Peace and Innovation to Tackle Cement Industry Woes

The World Cement Association (WCA) has concluded its 8th General Assembly, held on May 16th in Hefei, China at the Steigenberger Icons Hotel. The hybrid event brought together representatives from WCA member organisations both in person and virtually to review the association鈥檚 achievements over the past year, approve key resolutions, and discuss plans for 2025 and beyond.The General Assembly opened with welcome remarks from WCA Secretary General, Rong Yakun, followed by an address from WCA President Wei Rushan, President and Executive Director of China National Building Materials Co (CNBM)...

Infrastructure Urban

23 May 2025

Rosatom Builds First RITM-400 Reactor for Rossiya Icebreaker

ZiO-Podolsk (Rosatom's Machine-Building Division) finished manufacturing the first RITM-400 reactor unit for Rossiya nuclear icebreaker, which will be the most powerful in the world. The command to finish the work on the first RITM-400 was given by Valentina Matvienko, Chair of the Federation Council of the Federal Assembly of the Russian Federation, and Alexey Likhachev, Rosatom Director General. The ceremony was broadcast in the Federation Council of the Federal Assembly of the Russian Federation, where Rosatom's exposition dedicated to the 80th anniversary of the nuclear industry open..

Infrastructure Energy

23 May 2025

REC Raises Rs 56.35 Billion via Private Bond Placement

REC, a Maharatna CPSU and a leading NBFC under the Ministry of Power, has successfully raised Rs 56.35 billion through private placement of bonds. The offering included Rs 30 billion through 2 years鈥�8 Month bonds at coupon of 6.52 per cent p.a.鈥� and Rs 26.35 billion through 10-years 11 months鈥痓onds at coupon of 6.81 per cent p.a. The bond issuance witnessed an overwhelming response from market participants, reflecting strong investor confidence in the company鈥檚 robust financial position and growth prospects. The bonds have been assigned a "AAA" rating by prominent credit rati..