Citigroup Predicts $100 Billion Foreign Investment in India

Heavy Rains Delay Opening of Kusmalli Bridge

The long awaited opening of Kusmalli Bridge on the Belagavi–Goa Road via Chorla has been pushed back by several days because backfilling on the Jamboti side remains unfinished. Continuous downpours across the Jamboti–Kankumbi stretch have made it impossible to place the granular sub base (GSB) material required to complete the approach ramp.National Highways Executive Engineer Rajendra and a team of officials inspected the site on Wednesday. He confirmed that the bridge structure itself is finished, but the protective walls and ramp backfill still need attention. “If the rain eases, we..

New Flyover to Shadow Metro Line 5, Extension to Ambernath

Maharashtra Chief Minister Devendra Fadnavis has announced a flyover that will run alongside the underground Thane–Bhiwandi–Kalyan Metro Line 5, aiming to relieve persistent congestion on this busy corridor. The new structure will be delivered in tandem with an east–west road widening programme, ensuring road capacity keeps pace with the railway upgrade.At the same time, Metro Line 5 is to be extended beyond Kalyan to serve Ulhasnagar and Chikhloli near Ambernath, giving the district’s rapidly expanding communities a faster, more reliable public transport link. Officials sa..

Reliance Power Lines Up 1.5 GW Overseas Gas Plant, Bhutan JV

Reliance Power Ltd is pursuing a 1 500 MW gas fuelled power project abroad and has already entered several international tenders in Kuwait, the United Arab Emirates and Malaysia, where demand for gas based generation is strong.The company has two ready to deploy 750 MW General Electric combined cycle modules, enabling delivery in far less time than the three to five year lead typically required for new equipment. A third module was earlier exported to Bangladesh for an LNG plant built with Japan’s JERA.Reliance Power has begun global EPC tendering in line with competitive bidding..