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Business Standard
13 hours ago
- Business
- Business Standard
RITES emerges as L-1 bidder for tender floated by Gujarat Urban Development Company
RITES said that it has emerged as the lowest bidder (L-1) in a quality-cum-cost based selection (QCBS) tender floated by Gujarat Urban Development Company (GUDCL) for a project worth Rs 28.50 crore. The tender is for the appointment of a Third-Party Inspection (TPI) agency for Water Supply, Underground Drainage, and Sewage Treatment Plant (WSS/UGD/STP) projects under the Amrut 2.0/SJMMSVY schemes, managed by GUDC for Urban Local Bodies (ULBs) of Gujarat. This project is slated for completion within 60 months from the date of the letter of award (LoA) or Notice to Proceed (NTP). The order is subject to award after the due process of scrutiny and overall evaluation (technical and financial) by the Gujarat Urban Development Company Limited as per the requisite requirements mentioned in the tender documents, RITES said in a statement. RITES, a Miniratna (Category-I) Schedule 'A' public sector enterprise, is a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. As of 31 March 2025, the Government of India held 72.20% stake in the company. The companys consolidated net profit jumped 29.19% to Rs 141.33 crore in Q4 FY25 as against Rs 109.39 crore posted in Q3 FY25. Revenue from operations rose 6.89% to Rs 615.43 crore in the quarter ended 31 March 2025 from Rs 575.76 crore posted in Q3 FY25. The scrip rose 0.91% to currently trade at Rs 281.70 on the BSE.


Business Standard
16 hours ago
- Business
- Business Standard
RITES emerges L1 bidder for a Gujarat Urban Development Company project
RITES is the lowest bidder (L-1) in the financial bid of the QCBS tender floated by Gujarat Urban Development Company for Appointment of TPI agency for WSS/UGD/STP projects under Amrut 2.0/SJMMSVY under GUDC for ULBs of Gujarat. The order is subject to award after the due process of scrutiny and overall evaluation (technical and financial) by the Gujarat Urban Development Company as per the requisite requirements mentioned in the tender documents. The estimated value of the bid is Rs. 28.50 crore excluding GST.


Time of India
2 days ago
- Time of India
Man arrested for stealing pipelines from Trichy UGD project
Trichy: Trichy city police have arrested a 24-year-old man for stealing underground drainage (UGD) pipelines installed under Phase III of the Trichy Corporation's ongoing UGD project. Tired of too many ads? go ad free now The accused, identified as M Vasudevan from Keezha Panjapur, was found in possession of around 100 kg of high-grade pipelines, valued at approximately ₹1 lakh. According to a complaint filed by Elangovan, project in-charge for the contracting firm implementing the UGD network, the thefts occurred near the Sewage Treatment Plant (STP) in Panjapur. Since the new network has not yet been commissioned, the pipes remained exposed at various installation sites—making them vulnerable to theft. Police investigations revealed that Vasudevan had been systematically digging up and stealing the pipes since September 2024, intending to sell them to scrap dealers. He was caught red-handed while transporting the stolen materials. "We recovered about 100 kg of UGD pipelines stocked at different locations," an investigating officer said. The accused was remanded in judicial custody on Saturday. Police have stepped up surveillance in project areas, especially those where the UGD system is still under construction, to prevent further incidents.


Time of India
3 days ago
- General
- Time of India
Tolankere lake reels under stench from sewage-mixed water
Hubballi: The foul odour from Tolankere lake in Hubballi has been increasing day by day giving an unpleasant experience to visitors and commuters alike. Visitors and morning walkers have been complaining about the stench emanating from the sewage-mixed water. Tired of too many ads? go ad free now When the plan was made to develop the lake, it was filled with sewage. The lake and the park were developed under the Smart City project at a cost of about Rs 35 crore. Now, the development work is complete. The lake is now being managed by an agency with the income generated from the entry fee, and other activities at the park. Prakash Matti, a visitor, said, "The lake was developed under the Smart City project, but the authorities concerned failed to maintain it. Visitors to the park have to endure the foul smell. The HDMC should clean the lake and ensure proper maintenance." A resident of Kumar Park, Veeresh Patil, said till now, the officials have not found a way to prevent the entry of sewage water into the lake. Meanwhile, HDMC executive engineer Vittal Tubake said the entry of sewage water into the lake was completely blocked three or four months ago, but it will take time for the water to clear. "Efforts are being made to provide a permanent solution for this. However, it will take time," he said. "Now, the STP has been releasing only treated water into the lake. However, the old water has low oxygen levels and stinks. Necessary steps need to be taken to increase the oxygen levels in the water," he added.


Business Upturn
7 days ago
- Business
- Business Upturn
Enviro Infra Engineers secures Rs 126.81 crore EPC orders in Punjab and Odisha
By Aman Shukla Published on May 28, 2025, 12:25 IST Enviro Infra Engineers Limited, a leading EPC player in the water and wastewater treatment sector across India, has announced the acquisition of new domestic projects worth ₹126.81 crore. These prestigious contracts highlight the company's growing footprint in sustainable infrastructure development. The new projects include: Design and construction of a 50 MLD Sewage Treatment Plant (STP) along with five years of Operation & Maintenance (O&M) for the Punjab Water Supply & Sewerage Division No. 1 in Amritsar. Construction of a 42 MLD Water Treatment Plant (WTP) awarded by the Office of the Managing Director, WATCO, Odisha. Commenting on the development, Mr. Sanjay Jain, Chairman & Whole Time Director, said, 'We are proud to be chosen by government bodies for these significant water infrastructure projects. Our continued focus is on delivering efficient, eco-friendly, and timely solutions to support India's water and sanitation goals.' Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at