
Property cost to surge due to sharp rise in construction costs: CREDAI

L&T Wins Rajasthan Orders for Water Projects
Larsen & Toubro’s Water & Effluent Treatment (WET) division has secured major engineering, procurement and construction (EPC) contracts from the Public Health Engineering Department (PHED) of Rajasthan, further reinforcing its role in large-scale rural infrastructure development.One of the key projects awarded is for Phase II, Package-1 of the Rajasthan Rural Water Supply and Fluorosis Mitigation Project. The contract includes the supply and installation of a 5,251-kilometre-long network of transmission and distribution pipelines. Additionally, the scope covers the construction of 38..

Tata Adds New Subsea Cable to Boost Asia Connectivity
Tata Communications has announced a major expansion of its global network infrastructure with the integration of the TGN-IA2 submarine cable system, constructed by the Asia Direct Cable (ADC) consortium. This strategic addition strengthens connectivity across Asia and to key regions including the United States, Europe, the Middle East, Africa, and India.The TGN-IA2 system is designed to offer high-capacity data transfer, scalable bandwidth, and seamless connectivity for enterprises, hyperscalers, and service providers seeking robust intra-Asia and intercontinental network solutions. Its integr..

Modi Dedicates 660 MW Ghatampur Power Unit to Nation
Prime Minister Narendra Modi on Friday, 30 May 2025, dedicated Unit I of the Ghatampur Thermal Power Project in Uttar Pradesh’s Kanpur Nagar district to the nation. Developed by Neyveli Uttar Pradesh Power Limited (NUPPL)—a joint venture between NLC India Limited (51 per cent) and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (49 per cent)—the plant marks a major step forward in strengthening the region's electricity supply.The project comprises three supercritical thermal units of 660 MW each, bringing the total installed capacity to 1,980 MW. The first unit is now operational, while..