India-assisted Mangdechhu Hydroelectric Project handed over

30 Dec 2022 CW Team

The 720 Megawatt Mangdechhu Hydroelectric Power Project, funded by India, has been handed over to Bhutan's Druk Green Power Corporation (DGPC). On December 27, Bhutan's Minister of Economic Affairs Lyonpo Loknath Sharma and India's Ambassador to Bhutan, Sudhakar Dalela, witnessed the handover ceremony in Thimphu.

With the project's completion, India and Bhutan have completed four mega hydroelectric power projects, according to a statement from Bhutan's Ministry of Economic Affairs. In 2019, Prime Minister Narendra Modi and his Bhutanese counterpart Lotay Tshering jointly inaugurated the 720 MW Mangdechhu Hydroelectric Power Project. The project's completion increased Bhutan's electrical power generation capacity by 44%, bringing it to 2,326 Mega Watts.

Also read:
Lokayukta Bill passed by Maharashtra assembly
PM Modi to inaugurate Kolkata Metro’s Joka-Taratala route

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..