L&T Bags Hyderabad Greenfield Radial Road Phase-2 Order

31 Dec 2025 CW Team

Infrastructure major Larsen & Toubro (L&T) on Monday said it has secured a “significant” order for the Hyderabad Greenfield Radial Road project, strengthening its presence in urban road infrastructure.

The contract has been awarded to L&T’s transportation infrastructure business for Phase-2 of the project in Telangana’s Ranga Reddy district. Under the company’s classification, a “significant” order represents a contract value ranging between Rs 10 billion and Rs 25 billion.

The scope of work includes the construction of a 22.3-km, six-lane (3+3) access-controlled radial road aimed at improving connectivity in the region. The project holds strategic importance as it will serve as the first radial connector linking Hyderabad’s Outer Ring Road with the proposed 340-km Regional Ring Road, thereby enhancing regional and inter-city connectivity.

The project is expected to improve access to major growth hubs, including IT corridors and the electronic city, supporting economic development across the Ranga Reddy district.

As part of the contract, L&T will also construct a 3.6-km-long viaduct, along with minor bridges, underpasses and culverts. The scope further includes service roads on both sides, extensive retaining structures, stormwater drainage systems, footpaths, cycle tracks and landscaping works.

Larsen & Toubro operates across engineering, procurement and construction, hi-tech manufacturing and services, with projects spanning multiple geographies.

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..