Fadnavis Orders Equal Land Split in Dharavi Project

13 Aug 2025 CW Team

Maharashtra Chief Minister Devendra Fadnavis has directed that land under the Dharavi Redevelopment Project (DRP) be divided equally between rehabilitation units and for-sale buildings.

At a review meeting held on 28 May, he ordered that rental tenement sizes for ineligible residents in the Dharavi notified area be increased to 350 sq ft, while planned building units for existing residents will rise from 405 sq ft to 500 sq ft. He also instructed that Dharavi’s twin digital survey model be extended to all slums in Mumbai. According to RTI-obtained meeting minutes, these revisions will be incorporated into the DRP Master Plan, aligned with the 2016 Development Plan.

The state has earmarked salt pan, dumping ground, and revenue lands outside Dharavi for rental housing. Residents who settled between 2011 and 15 November 2022 will be offered 300 sq ft rental homes, with an option to purchase after 10 years or through upfront payment.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..