Expedite work on sea-link projects: Uddhav Thackeray

14 Jan 2021 Editorial Team

Maharashtra Chief Minister Uddhav Thackeray has urged the Maharashtra Road Development Corporation (MRDC) officials to expedite work on the Versova-Virar and Bandra-Versova sea link projects in order to ease commute in Mumbai.

As per an official statement, the minister instructed on the expedition of work during a review meeting for the projects which are being executed by state-run MRDC.

The 9.6 km Bandra-Versova sea link aims to address traffic issues and save fuel and travel time of commuters, the statement said.

Thackeray suggested during the meeting to connect the coastal road to the Western Express Highway from suburban Versova.

The 42.75 km Versova-Virar sea link is to be completed in two phases - from Versova to Vasai and Vasai to Virar, and a detailed project report of the Versova-Virar project has already been prepared, said the statement.

Thackeray claimed that the two sea link projects would help boost the economy in the concerned areas and boost employment opportunities.

Also read: India’s biggest TBM begins tunnelling for Mumbai coastal road

Image Source

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..