Gadkari to Inaugurate First Cable-Stayed Bridge of India In Goa

21 Jan 2025 CW Team

Union minister Nitin Gadkari will inaugurate India's first cable-stayed bridge built on a curve, a Goa government official said.

Gadkari will also lay the foundation stones of four highway expansion projects costing Rs 25 billion, the official added. "The cable-stayed bridge connects Sada to Varunapuri and Goa International Airport. It is the first such structure in India with a unique curvature radius of 180 degrees," the official informed on Monday.

The four projects for which the Union minister of road transport and highways (MORTH) will lay foundation stones are Ponda to Bhoma section (NH-748), Zuari to Margao Bypass (NH-66), Navelim to Cuncolim section (NH-66) and Bendordem to Karnataka border (NH-66) costing Rs 1376.12 crore, the official informed. The Ponda to Bhoma section will provide connectivity between Ponda, Bandora, Priol, Cuncoliem, Cundaim, Bhoma, Corlim, Old Goa and Panaji, while the Zuari to Margao Bypass will pass through industrial estates and connect Dabolim Airport, Mormugao port and Ponda city, he said.

The Navelim to Cuncolim section will connect Panaji, Margao, Dabolim Airport, Mormugao port and some others areas from south Goa as well as Karnataka, the official added. A state govt spokesperson said these are transformative infrastructure projects being built under the visionary leadership of Chief Minister Pramod Sawant to improve connectivity between the state's two airports and ports.

"These projects intend to enhance logistical efficiency and serve as catalyst for Goa's economic growth as well as regional development," he said.

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..