DRP rejects favouritism claims, cites delay tactics in Dharavi Project

20 Nov 2023 CW Team

The Dharavi Redevelopment Project (DRP), led by the Adani Group, dismissed allegations of favouritism in the matter. In a statement, DRP, which also counts the Maharashtra government as a stakeholder, stated that "vested interests" were trying to hinder or postpone the project, which holds a revenue potential of Rs 200 billion.

The Opposition Congress claimed that the BJP government was 'benefitting' the Adani Group by easing norms for the Dharavi redevelopment project in Mumbai. Jairam Ramesh, its general secretary, accused the Maharashtra Urban Development Department, which had initially expressed reservations about relaxing the rules, of being "compelled to issue a notification that removes the provision of indexation in Dharavi's real estate Transferable Development Rights (TDR) and makes it mandatory for all Mumbai builders to purchase the first 40 per cent of their TDRs from Adani."

The DRP's statement referred to the efforts to "manufacture a controversy" around TDR generation as "unfortunate." It asserted that the generation of TDR within the Dharavi Notified Area (DNA) had been allowed since the Government Resolution (GR) of 2018, modified in the GR of 2022. The statement reminded that both developments occurred before the issuance of the tender for the redevelopment in 2022.

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..