MSRDC Plans Dam Project to Support 71 Villages Near Expressway
The Maharashtra State Road Development Corporation (MSRDC) is preparing a detailed project report (DPR) for constructing a new dam near Khandala to support 71 villages along the Mumbai-Pune Expressway.The 186 sq km zone was previously under the Navi Mumbai Airport Influence Notified Area (NAINA). Now, under MSRDC's Special Planning Authority, the region is undergoing rapid infrastructure planning.Given the unreliable water supply from nearby sources like Morbe Dam and the Patalganga River, the new reservoir is intended to support future residential and industrial development.The project area f..
IHCL, Ambuja Neotia to Launch 15 Hotels Across East, Northeast
Indian Hotels Company Ltd (IHCL) has signed an agreement with the Ambuja Neotia Group to launch 15 new hotels across eastern and northeastern India, expanding their partnership to over 40 hotels.These projects will include Taj, SeleQtions, and Tree of Life brands across West Bengal, Sikkim, and Himachal Pradesh. Initial signings include Taj Darjeeling, SeleQtions in Kolkata and Siliguri, and a Tree of Life in Lataguri.IHCL MD & CEO Puneet Chhatwal said, “These projects will unlock the region’s tourism potential, building on IHCL’s legacy of destination development.”Chairman Harshav..
SEIL Wins Rs 2.10 Bn TMT Bars Conversion Contract from RINL
Steel Exchange India Ltd (SEIL) has secured a significant Rs 210 crore contract from state-owned Rashtriya Ispat Nigam Limited (RINL) to convert 1.2 lakh tonnes of billets annually into TMT bars under the Vizag Steel brand.The contract will utilise SEIL’s existing rolling mill infrastructure, improving capacity utilisation and boosting revenue. The initial term is for two years, with a possible one-year extension by mutual agreement.This deal strengthens SEIL’s role in the domestic steel supply chain and supports RINL’s production goals through a strategic public-private partnership. ..
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