Panchkula MLA inaugurates development projects worth Rs 6.5 cr

28 Aug 2021 CW Team

Panchkula MLA and Vidhan Sabha speaker of Haryana, Gian Chand Gupta, inaugurated a construction project of a community centre and laying water supply and sewerage pipeline projects in Nand village in Sector 31 followed by Bhoomi Poojan on Thursday.

Haryana Shehri Vikas Pradhikaran (HSVP) carried out the projects at an estimated cost of Rs 6.5 crore.

Gupta said that the community centre covers an area of two acres built at Rs 4.7 crore. It will have recreation facilities such as a library, badminton hall, gym, squash court, and a multipurpose hall.

Further, Gupta said that the pipelines project in the Nada village would help to resolve the village's drinking water and sewerage problems. Nearly Rs 1.75 crore will be incurred on laying the pipelines each of 5 km, and the project may be completed within six months. For a proper sewerage facility in the village, existing pipelines will be connected to the new sewerage pipeline of Sector 31.

On his commitment to road development, he said that a road is being constructed in Chowki village to ensure uniform development of the district. The road development will cost Rs 7.5 crore to provide convenience to 70-80 families.

He said that the state had given 10 acres of land to the central government to set up a software park in the city.

He further announces that the construction of the National Institute of Fashion Technology (NIFT) building is about to complete, and the inauguration will be carried out soon. It will provide employment opportunities to people from the nearby areas and students across Haryana and the country to come and get an education.

Image Source

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..