Afcons MD S Paramasivan Appointed PEPC Chairman

25 Mar 2025 CW Team

Afcons Infrastructure’s Managing Director, S Paramasivan, has taken over as Chairman of the Project Export Promotion Council (PEPC). He assumed office on 24th March in New Delhi, succeeding his tenure as Vice-Chairman from 2023 to 2025. A R Soni, EVP and Head of Corporate Affairs at L&T, has been appointed Vice-Chairman.

Established by the Ministry of Commerce and Industry in 1984, PEPC supports Indian project exporters in securing and executing overseas projects. Commenting on his appointment, Paramasivan said, “I am honoured to take on this responsibility and look forward to strengthening India’s presence in global markets.”

PEPC plays a key role in export promotion, offering technical guidance and support to EPC contractors and consultants in alignment with India’s Foreign Trade Policy and RBI guidelines.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..