PWD hopes to receive funds from Delhi govt for infra projects

09 Mar 2022 CW Team

The Public Works Department (PWD) hopes to receive urgently needed funds from the Delhi government’s upcoming budget for the mega road infrastructure works.

Officials say the projects have not taken off for the last two years since the government was focused on the management of the Covid-induced health crisis.

After coming to power, the Aam Aadmi Party (AAP) government had announced a couple of projects, however the pandemic brought the city to a halt. In that situation, the government was forced to shift the resources to health infrastructural projects as a result the developmental works also came to a complete standstill for two years.

A PWD senior official said that the budget will decide several things. Because of the pandemic, the government had to focus on health and education. Now, the government’s priority list includes infrastructural development. Furthermore, it is expected to be reflected in the budget.

Major infrastructural development projects include Signature Bridge to Indira Gandhi International Airport, Aurobindo Marg traffic congestion reduction, and the East-West Corridor.

PWD planned signal-free six-lane stretch between the eastern to the western end of Delhi, an elevated corridor between Anand Vihar and Haryana border through the New Delhi Railway Station, under the East-West corridor. However, because of certain land-related issues it is reduced to 19 km between Anand Vihar and Zakhira.

PWD minister Satyendar Jain had announced a plan to connect Signature Bridge and the airport is also pending. A 28 km corridor between Signature Bridge (Wazirabad ending) via Zakhira, Dwarka, and Pankha Road will be constructed. This will be beneficial to connect north Delhi with the airport.

Image Source

Also read: Delhi government to hike circle rates by 30% in posh localities

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..