Ghami Khola Bridge Nears Completion In Upper Mustang

26 Dec 2025 CW Team

The under-construction Ghami Khola bridge in Loghekar Damodarkunda Rural Municipality–2 of Upper Mustang, which connects Korala to the Nepal–China border, has reached its final stage, with physical progress touching around 80 per cent.

Efforts are under way to complete the project within the current fiscal year, officials said. The single-span bridge, measuring 40 metres in length, is a key component of the Beni–Jomsom–Korala road corridor leading to the Korala checkpoint.

The contract for the bridge was awarded in January 2019 to Himdhung Thokkar & Immortal JV at a cost of Rs 68 million. According to Rural Municipality Chairperson Lopsang Chomphel Bista, while the approach road was completed earlier, construction of the bridge remained stalled for an extended period.

He said vehicular movement across Ghami Khola will become significantly easier once the bridge is operational. Under the original agreement, the project was scheduled for completion by December 2021.

The contractor had cited adverse weather conditions and heavy snowfall as reasons for the delay. However, after repeated failures to resume work, the firm was issued a six-month ultimatum and subjected to daily penalties, including a fine of 0.05 per cent of the contract value.

Project Chief Tejaswi Sharma said that 14 bridges have already been completed along the Beni–Jomsom–Korala road connecting to the Korala border point. He added that the Ghami Khola bridge is also expected to be completed within the current fiscal year.

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..