Centre Approves Rs 11.69 Bn MMTS Expansion in Hyderabad

14 Apr 2025 CW Team

The central government has sanctioned the expansion of Hyderabad’s Multi-Modal Transport System (MMTS) with a budgetary outlay of Rs 11.69 billion. This significant move aims to bolster suburban rail connectivity throughout the city.

Railway Minister Ashwini Vaishnaw announced the project, which entails the construction of six new railway lines spanning 102.4 kilometres, along with the modernisation of existing infrastructure.

The South Central Railway will be responsible for implementing the works, which are expected to greatly enhance the efficiency and reach of urban transit across Hyderabad.

Expansion Highlights: Quadrupling of the 12-kilometre Ghatkesar–Moula Ali C-Cabin section.

Doubling of the 1.4-kilometre Falaknuma–Umdanagar and 22-kilometre Sanathnagar–Moula Ali bypass lines.

A new 5-kilometre rail line to link Tellapur and Ramachandrapuram.

Doubling of 14 kilometres along the Medchal–Bollarum corridor.

Electrification of the 15-kilometre Secunderabad–Bollarum stretch.

A 33-kilometre third line to be built between Ghatkesar and Yadadri.

In line with the agreement, the Telangana government is expected to release its pending contribution of Rs 2.79 billion to ensure timely execution of the approved works.

This expansion will not only improve connectivity in Hyderabad’s fast-growing suburbs but also complement the state’s broader transportation goals, in keeping with the national thrust on integrated urban mobility

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..