NBCC Wins Rs 2.97 Billion Redevelopment Contract in Meerut
Government owned project management and real estate specialist NBCC has secured a new work order worth about Rs 2.97 billion from the Meerut Development Authority. The contract covers a series of redevelopment schemes in Meerut, Uttar Pradesh, and further strengthens NBCC’s role in state backed urban infrastructure programmes.This latest success follows the Rs 1.62 billion interior works assignment awarded in May for developing office space at Nauroji Nagar, Delhi. Together, the two projects underscore NBCC’s expanding footprint in public redevelopment initiatives and its conti..
Indian Railways Plans High Tech Overhaul of Train Control
Indian Railways is set to modernise its century old control systems in a bid to curb accidents and ease congestion across the world’s fourth largest rail network. Senior officials confirmed that the Railway Board is drafting a blueprint centred on advanced decision support technology to streamline traffic control and raise operational efficiency.The overhaul will replace fragmented, manually managed processes with an integrated, technology driven framework. At its heart will be a central command centre uniting every department involved in train operations. Equipped with real time monitoring,..
Bangladesh Pays $384 Mn to Adani, Settles Most Power Dues
Bangladesh has significantly reduced its dues to Adani Power with a $384 million payment in June 2025 under their 2017 power supply agreement. This settlement brings the total cleared amount to nearly $1.5 billion out of approximately $2 billion billed, leaving an estimated $500 million still as 'claimed' dues. The payment is part of a $437 million commitment due by the end of the month.The power deal has come under scrutiny due to Bangladesh’s economic struggles, exacerbated by the Russia–Ukraine conflict and political instability. The ousting of Prime Minister Sheikh Hasina led to furthe..
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