Infrastructure projects worth Rs 100 billion announced in Assam

20 Mar 2023 CW Team

Ajanta Neog, State Finance Minister, Assam, made a number of announcements regarding infrastructure projects as he delivered the Assam Budget 2023–24 to the Legislative Assembly.

Projects of Rs 100 billion are being undertaken as part of the NIDA initiative to develop infrastructure in the transportation, tourism, educational, and other social sectors. Several significant infrastructure projects would be finished between 2023 and 2024.

Also, she discussed the Asom Mala programme, whose several execution pillars include SOPD, externally funded projects, and NIDA (NABARD Infrastructure Development Assistance).

14 highways totaling 343 km in length have been assigned to 18 contracts as part of the SOPD leg. There are five 110 km long works that are finished. The remaining packages are at various states of completion and will be mostly done by 2024.

Also read:
42 km/day of NH construction in February, highest in FY23 so far
UP PWD to use Falling Weight Deflectometer to reduce repair costs

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..