Gujarat to receive INR 126 billion from Center for infra development

24 Jan 2023 CW Team

The state of Gujarat would receive an additional INR 126 billion from the federal government for the construction of roads, bridges, and logistic parks, according to Nitin Gadkari, Union Minister for Road Transport and Highways. He claims that this budget will include INR 60 billion for the construction of multimodal logistics parks in the state and INR 10 billion for the construction of road over bridges or road under bridges on roads other than national highways.

The minister was in Gujarat to evaluate the progress of various highway projects carried out by the National Highway Authority of India. According to Gadkari, “Gujarat would receive an additional fund under the yearly plan amounting to INR 26 billion. Roads inside municipal limits, district roads, and state highways will all receive an additional INR 30 billion in investment. We will contribute INR 10 billion to the Setu Bandhan project in order to build ROBs and RUBs on state roads.”

“We would allocate INR 60 billion for multi-modal logistic parks, and we would give Gujarat a total of INR 126 billion,” he added. The 109 km long Ahmedabad-Dholera Expressway, which will connect Ahmedabad to the upcoming Special Investment Region and Dholera Smart City, would be finished by January 2024. An official notification states that the highway project's construction began in 2021 and that roughly 21% of the work has been finished.

Gadkari claims that the basis of the roadway is being constructed using about 2 million metric tonnes of solid waste produced inside the boundaries of the Ahmedabad Municipal Corporation and 25 lakh metric tonnes of ash produced by thermal power plants.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..