Pune Expands E-Bus, Metro Projects Under Green Maharashtra Vision

02 May 2025 CW Team

The Maharashtra government has expanded Pune’s public transport infrastructure by launching new electric bus depots and accelerating metro development. Deputy Chief Minister Ajit Pawar inaugurated Pune Mahanagar Parivahan Mahamandal Limited’s (PMPML) e-bus depots at Charholi Budruk and Mann, supporting the state's ‘Green Maharashtra’ vision.

Under the Gross Cost Contract model, 60 e-buses will operate from Charholi and 30 from Mann. PMPML will induct 1,500 more buses with Rs 2.30 billion from the Pune Metropolitan Region Development Authority for 500 CNG buses. Pune and Pimpri Chinchwad Municipal Corporations will fund another 500 CNG buses, while 500 electric buses are planned.

Pawar emphasised ongoing infrastructure upgrades, including the Outer Ring Road by Maharashtra State Road Development Corporation and an Inner Ring Road by PMRDA. Metro projects are progressing with funding from the Centre, State and civic bodies. The Swargate-Katraj extension is approved, while new routes are under review.

PMPML Chairperson Deepa Mudhol-Munde noted that 1,967 buses serve 1,250 thousand passengers daily. Future plans include AI-based, conductor-less services. The initiative aims to create a smart, safe and sustainable urban transport system.

Source:Pune Mirror

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..