L&T secures infra contracts for Bhogapuram International Airport

07 Nov 2023 CW Team

The key components of the Bhogapuram International Airport project encompass various developmental activities, including cut and fill works, construction of the terminal with airport systems, air traffic control (ATC) tower, airfield development works (such as the South Runway measuring 3800 meters in length, apron, taxiways, airfield ground lighting, fuel hydrant works, and other facilities), landside facilities like roads and landscapes, utilities, and other essential support facilities.

Earlier in August, the company had also announced securing a contract from the Uttar Pradesh Cricket Association (UPCA) for the construction of a cricket stadium in Varanasi. Spanning 30.67 acres, the stadium will accommodate 30,000 spectators and will feature amenities in line with the International Cricket Council (ICC) standards. The project includes the main ground, a display scoreboard, floodlights, corporate boxes, VIP lounges, office areas, broadcasting facilities, press conference areas, as well as kitchen and dining areas, along with a practice ground.

Furthermore, in September, L&T Construction clinched a substantial order worth Rs 7,000 crore for the design and construction of an underground road tunnel connecting Orange Gate on the Eastern Free Way to the Marine Drive coastal road in Mumbai. The project involves the construction of twin road tunnels using tunnel boring machines (TBMs), connecting these tunnels to the existing elevated Eastern Freeway at Orange Gate via transition ramps, and linking them to Marine Drive in Mumbai. The entire project is slated to be completed within 54 months.

L&T Construction's Buildings, Factories & Transportation infrastructure division revealed that it had successfully secured a significant contract for the engineering, procurement, and construction of the Bhogapuram International Airport in Andhra Pradesh. The project, being undertaken in collaboration with GMR Visakhapatnam International Airport Ltd (GVIAL), aims to develop an airport facility capable of accommodating 6 million passengers per year initially, with plans for expansion to handle 12 million passengers in the future. L&T Construction is currently engaged in construction projects for major airports in cities like Delhi, Hyderabad, Bangalore, Chennai, and Navi Mumbai. The key components of the Bhogapuram International Airport project encompass various developmental activities, including cut and fill works, construction of the terminal with airport systems, air traffic control (ATC) tower, airfield development works (such as the South Runway measuring 3800 meters in length, apron, taxiways, airfield ground lighting, fuel hydrant works, and other facilities), landside facilities like roads and landscapes, utilities, and other essential support facilities. Earlier in August, the company had also announced securing a contract from the Uttar Pradesh Cricket Association (UPCA) for the construction of a cricket stadium in Varanasi. Spanning 30.67 acres, the stadium will accommodate 30,000 spectators and will feature amenities in line with the International Cricket Council (ICC) standards. The project includes the main ground, a display scoreboard, floodlights, corporate boxes, VIP lounges, office areas, broadcasting facilities, press conference areas, as well as kitchen and dining areas, along with a practice ground. Furthermore, in September, L&T Construction clinched a substantial order worth Rs 7,000 crore for the design and construction of an underground road tunnel connecting Orange Gate on the Eastern Free Way to the Marine Drive coastal road in Mumbai. The project involves the construction of twin road tunnels using tunnel boring machines (TBMs), connecting these tunnels to the existing elevated Eastern Freeway at Orange Gate via transition ramps, and linking them to Marine Drive in Mumbai. The entire project is slated to be completed within 54 months.

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..

Infrastructure Energy

06 Apr 2026

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..

Real Estate

06 Apr 2026

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..