BDA Considers Loan for Land Acquisition for Peripheral Ring Road

28 Aug 2024 CW Team

The Bengaluru Development Authority (BDA) is contemplating securing a loan to fund the acquisition of land for the Peripheral Ring Road (PRR) project. This strategic move aims to expedite the development of the PRR, a major infrastructure initiative designed to alleviate traffic congestion and improve connectivity in Bengaluru.

The BDA's decision to consider a loan comes as a response to the need for substantial financial resources required for acquiring land along the PRR route. The loan will facilitate the acquisition process and ensure that the project progresses according to schedule.

The PRR is expected to significantly enhance the city?s transportation network, providing a crucial link between various parts of Bengaluru and easing traffic flow. By investing in this infrastructure, the BDA aims to support the city's growth and address its increasing mobility challenges.

The loan consideration reflects the BDA's commitment to advancing key urban projects and improving the quality of transportation in Bengaluru. The successful implementation of the PRR will contribute to the city's overall development and better serve its residents.

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..