World Bank submits master plan for projects of USD 300 million in Kolkata

Delhi PWD Launches Comprehensive Road Repair Project

The Delhi Public Works Department (PWD) has launched a comprehensive road repair project that will simultaneously address drains, footpaths, central verges and streetlights, an official confirmed on Wednesday. This initiative marks a departure from the previous practice of tackling these works separately.The project, approved by PWD Minister Parvesh Verma, will commence in the Delhi University area.“The standard practice has been to issue separate tenders for each task, completing one before starting another. Under this comprehensive tender, roadside footpaths will be repaired alongside cent..

Delhi L-G Approves Tree Removal for Nand Nagri Flyover Project

Lieutenant Governor VK Saxena has approved the transplantation and felling of 27 trees, clearing the final hurdle for the long-awaited flyover project at the Nand Nagri–Gagan Cinema junction in North East Delhi. This approval is expected to significantly ease traffic congestion and enhance connectivity in the area.The proposal, already sanctioned by the Environment Department, Chief Secretary, Environment Minister, and Delhi Chief Minister Rekha Gupta, covers a 2.16-hectare stretch along Mangal Pandey Marg designated for the flyover’s construction.The Public Works Department (PWD), respons..

Serentica Secures $100M Loan for 300 MW Rajasthan Solar Project

Serentica Renewables announced on Thursday the successful financial closure of its second External Commercial Borrowing (ECB) financing, securing over $100 million in debt from global financial institutions Rabobank and Société Générale.The funds will support the development of a 300-megawatt (MW) solar power project in Rajasthan, designed to supply clean energy to Bharat Aluminium Company (BALCO), a leading Indian aluminium producer and subsidiary of the Vedanta Group.Akshay Hiranandani, CEO of Serentica Renewables, said, “This successful financial close, backed by global partners like ..