The joint venture between H.G. Infra Engineering Limited and Kalpataru Projects International Limited has received the Letter of Acceptance (LOA) from Maharashtra Metro Rail Corporation Limited for the Thane Metro Rail Project. The LOA was issued on December 10, 2025, marking a significant milestone for both infrastructure companies in the metropolitan transportation sector.

Project Specifications and Scope

The approved project involves the design and construction of an elevated metro viaduct spanning 20.53 kilometers between UG Ramp and Balkum Naka. The comprehensive scope includes depot approach viaduct and three special spans as part of the Thane Integral Ring Metro Project.

Joint Venture Partnership Structure

The strategic alliance demonstrates a well-structured partnership approach in executing large-scale metro rail infrastructure. Kalpataru Projects International Limited serves as the lead member, while H.G. Infra Engineering Limited contributes as the junior partner in this collaboration.

Regulatory Compliance and Disclosure

H.G. Infra Engineering Limited has fulfilled its regulatory obligations by informing stock exchanges about this development. The company notified both BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Significance for Mumbai Metropolitan Region

The Thane Integral Ring Metro Project represents a crucial expansion of the Mumbai Metropolitan Region's public transportation infrastructure. This elevated metro viaduct will enhance connectivity between key areas in Thane, supporting the region's growing urbanization and transportation needs. The project's approval reinforces the joint venture partners' capabilities in delivering complex metropolitan transportation solutions.

McNally Bharat Engineering Company Limited (MBE) has announced a significant addition to its board of directors, appointing Mr. Debidas Datta as an Independent Director, effective December 1, 2025. This strategic move is subject to shareholders' approval and is expected to bring valuable expertise to the company's leadership.

Extensive Experience in Infrastructure Development

Mr. Datta brings an impressive 44-year track record in water resources and infrastructure development to MBE's board. His extensive experience is expected to be a significant asset as the company navigates the complex landscape of engineering and infrastructure projects.

Key Details of the Appointment

Potential Impact on McNally Bharat Engineering

The appointment of Mr. Datta comes at a time when infrastructure development is a key focus area for many emerging economies. His expertise in water resources could be particularly valuable as MBE looks to expand its portfolio in this critical sector.

Looking Ahead

As McNally Bharat Engineering continues to strengthen its board, the addition of Mr. Datta signals the company's commitment to leveraging experienced leadership in its strategic decision-making process. Shareholders will be watching closely to see how this appointment influences the company's future projects and overall direction in the infrastructure space.

The company has not disclosed any immediate plans or specific roles for Mr. Datta beyond his position as an Independent Director. The full impact of his expertise on MBE's operations and strategy will likely unfold in the coming months, pending shareholder approval.