Search

Cookies

We use cookies to improve your experience. By continuing, you accept our use of cookies.

Business

Ashoka Buildcon Secures ₹865 Cr Gujarat Expressway Project; Texmaco, Jash Engineering Announce New Orders

· · 2 min read

Ashoka Buildcon has been declared the lowest bidder for an ₹865.90 crore expressway project in Gujarat. Texmaco Rail & Engineering secured new orders totaling ₹428.55 crore, while Jash Engineering reported ₹82 crore in consolidated orders for October 2026.

Three prominent Indian infrastructure and engineering firms—Ashoka Buildcon, Texmaco Rail & Engineering, and Jash Engineering—have announced significant new order wins and updated their order book positions, signaling robust activity in the sector. These developments are expected to draw considerable market attention.

Ashoka Buildcon Bags Major Road Project

Ashoka Buildcon has emerged as the lowest bidder (L-1) for a substantial road construction project in Gujarat. The company submitted a bid for the balance work of an 8-lane access-controlled expressway, specifically the Karvad to Jujuwa section (128.0 km to 154.6 km) of the Vadodara-Mumbai Expressway. The project, to be executed on an Engineering, Procurement, and Construction (EPC) mode, is valued at ₹865.90 crore, excluding GST. Ashoka Buildcon anticipates completing this significant project within an 18-month timeframe.

Texmaco Rail & Engineering Secures Wagon Orders

Texmaco Rail & Engineering has reported receiving three new orders with an aggregate value of ₹428.55 crore. These contracts involve the manufacture and supply of various types of wagons:

  • Ultratech Cement Ltd: An order worth ₹30.98 crore for 1 rake of BCFCM1 wagons along with 1 BVCM wagon.
  • Jujhar Logistics & Travels Limited: A substantial order valued at ₹329.53 crore for 15 rakes, comprising ACT1 and ACT3 wagons, in addition to 15 BVCM wagons.
  • APL Logistics Vascor Automotive Pvt Ltd: An order totaling ₹68.04 crore for the manufacture and supply of 3 rakes of ACT3 wagons, accompanied by three BVCM wagons.

As of November 1, 2026, Texmaco Rail's total consolidated order book stands at ₹955 crore, with ₹330 crore from the Indian market and ₹625 crore from international markets.

Jash Engineering Reports Strong October Orders

Jash Engineering announced consolidated orders worth ₹82 crore received during October 2026. Of this total, ₹40 crore represents orders from the Indian market, while ₹42 crore pertains to markets outside India.

Key contributors to Jash Engineering's October order book include NCC Limited (Hyderabad), Vishvaraj Environment Ltd. (Nagpur), and Triozone MEP Solutions Pvt Ltd. (Mumbai) from the domestic market. International orders were significantly boosted by KINGSFORD ENVIRONMENTAL (H.K.) LTD. (Hong Kong) and Chin West Dam Rehabilitation, AB (USA).

The company's total consolidated order book position as of November 1, 2026, is also reported at ₹955 crore. This includes ₹330 crore from Indian clients and a significant ₹625 crore from international markets. Notably, ₹391 crore of the international orders are for the USA market, ₹31 crore from Waterfront-UK, ₹27 crore from Mahr-Austria, and the remaining ₹176 crore from other global regions.

Related