India, UAE Plan Lanka Energy Hub

09 Apr 2025 CW Team

India and the UAE are joining forces to develop a major energy hub in Sri Lanka, aiming to counterbalance China's growing regional influence. The proposed hub will be located in Trincomalee, a strategically important port on Sri Lanka’s eastern coast. The initiative marks a new dimension in Delhi-Abu Dhabi strategic collaboration, extending into regional energy security and infrastructure development.

The project will involve upgrading oil storage, refining capacity, and potentially including renewable energy components. It’s designed to enhance energy access, trade logistics, and economic integration in the Bay of Bengal region, reinforcing India’s presence in the Indo-Pacific.

This trilateral cooperation comes as part of India’s broader push to de-risk Sri Lanka from excessive dependence on Chinese funding under the Belt and Road Initiative. By engaging like-minded partners such as the UAE, India seeks to promote transparent, sustainable development models in its neighborhood.

Officials see this partnership as part of a long-term plan to build resilient supply chains, expand regional connectivity, and establish strategic energy assets. It also signals India’s growing geo-economic assertiveness, leveraging energy diplomacy to shape outcomes in the subcontinent.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..