Smartworld Developers Awards Rs 5.81 Bn Construction Contract

18 Jul 2024 CW Team

Smartworld Developers has awarded a significant construction contract worth Rs 581 crore to Ahluwalia Contracts (India) Ltd., marking a substantial development in the real estate sector. This contract underscores Smartworld Developers' commitment to advancing its infrastructure projects amidst evolving market dynamics.

The contract entails the construction of a commercial project that aims to enhance urban infrastructure and cater to growing demands in the real estate market. Ahluwalia Contracts, known for its expertise in executing large-scale construction projects, will leverage this opportunity to contribute to Smartworld Developers' vision of creating modern and sustainable urban spaces.

The collaboration between Smartworld Developers and Ahluwalia Contracts highlights a strategic partnership aimed at delivering high-quality infrastructure solutions. The project's scope includes incorporating innovative design elements and sustainable building practices to meet environmental standards and enhance user experience.

By awarding this contract, Smartworld Developers demonstrates its confidence in Ahluwalia Contracts' capabilities to deliver projects of scale and complexity. The construction project is expected to generate employment opportunities and stimulate economic growth in the region, contributing to India's infrastructure development goals.

With a focus on quality, efficiency, and sustainability, Smartworld Developers and Ahluwalia Contracts are poised to set new benchmarks in the construction sector, reinforcing their commitment to excellence and customer satisfaction. The successful execution of this project will play a pivotal role in shaping the future landscape of urban development in India.

Infrastructure Transport

17 Oct 2025

Sonowal Unveils Eight Projects at NMPA’s Golden Jubilee

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, inaugurated the Curtain Raiser Ceremony of the Golden Jubilee Celebrations of the New Mangalore Port Authority (NMPA) at Bharat Mandapam. To commemorate the milestone, he unveiled eight major maritime infrastructure projects designed to strengthen India’s port network, enhance logistics performance, and promote sustainability. These include a modern cruise terminal, new covered storage facilities, a 150-bed multi-speciality hospital, expanded truck terminals, and improved port access infrastructure aimed at enhancing..

India To Boost US LPG Imports, Cut Middle East Reliance

India is planning to reduce imports of liquefied petroleum gas (LPG) from the Middle East as state-owned refiners prepare to ramp up purchases from the United States, according to sources familiar with the matter. The move aligns with New Delhi’s efforts to expand energy cooperation and secure a broader trade deal with Washington. State refiners have already notified their traditional LPG suppliers in Saudi Arabia, the United Arab Emirates, Kuwait and Qatar of the potential reduction in imports. Although the exact size of the supply cut was not disclosed, earlier reports suggested that Indi..

UK Sanctions Nayara Energy in Crackdown on Russian Oil

The United Kingdom has announced fresh sanctions on 90 entities, including Indian refiner Nayara Energy Limited, in its latest bid to curb Russian oil revenues and weaken President Vladimir Putin’s war funding. The sanctions, unveiled jointly by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, aim to disrupt networks supporting Moscow’s crude exports amid the ongoing war in Ukraine. According to the FCDO, the new restrictions are intended to “strike at the heart of Putin’s war funding” by targeting firms and assets that enable Russia’s energy trade. “..