Delhi Govt Initiates Rs Six Billion Road Project Along Najafgarh Drain

23 May 2025 CW Team

The Delhi government has initiated a Rs six billion road development project to improve connectivity and transform the area along the Najafgarh Drain, also known as the Sahibi river, into a green corridor. The plan involves constructing 60.77 kilometres of new roads, including a 5.94-kilometre two-lane road on the left bank from Jhatikra Bridge to Chhawla Bridge, and two-lane roads on both banks from Chhawla Bridge to Basaidarapur Bridge, covering 54.83 kilometres.

The corridor will connect with key arterial roads such as the Inner Ring Road (Basai Darapur), Outer Ring Road (Keshavpur), Pankha Road (Vikaspuri), Najafgarh Road (Kakrola), and Dwarka Expressway, enhancing regional access and easing congestion.

The project will also promote environmental sustainability by adding greenery, public toilets, street furniture, boundary walls, and signage. It aims to benefit residents of areas including Punjabi Bagh, Paschim Vihar, Nilothi, Baprola, Kakrola, Najafgarh, Dwarka, Vikaspuri, and Chhawla. Work is expected to begin soon.

Source Delhi Government Announcement

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..