Maharashtra Govt Approves New Road to Ease GB Road Congestion

11 Jul 2024 CW Team

The Maharashtra government, led by Chief Minister Eknath Shinde, has approved a new road project to alleviate the persistent traffic congestion on Ghodbunder (GB) Road. The Maharashtra Metropolitan Region Development Authority (MMRDA) will spearhead this initiative, which aims to significantly improve traffic flow and reduce travel time for commuters in the region.

GB Road, a crucial artery connecting Thane and Mumbai, has long been plagued by heavy traffic, causing delays and inconvenience for daily commuters. The new road, which will serve as an alternative route, is expected to divert a substantial volume of traffic, easing the burden on the existing infrastructure. This project is part of a broader strategy to enhance the region's transportation network and support economic activities.

The new road will be constructed using modern engineering techniques and will include features such as service lanes, pedestrian pathways, and advanced traffic management systems. The project also emphasises environmental sustainability, with plans for extensive tree planting and measures to minimise construction impact on the local ecosystem.

Chief Minister Shinde highlighted the importance of this project in addressing the long-standing issue of traffic congestion. He stressed that improved infrastructure is vital for the region's development and the well-being of its residents. The MMRDA will oversee the project's execution, ensuring adherence to high standards of quality and safety.

The approval of this new road project has been welcomed by local residents and businesses, who anticipate smoother commutes and increased economic opportunities. With the state's commitment to enhancing infrastructure, this project marks a significant step towards resolving traffic woes and fostering regional growth.

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..