MSRDC Begins Work on Elevated Pune-Shirur Road to Ease Traffic

20 Feb 2025 CW Team

The Maharashtra State Road Development Corporation (MSRDC) has commenced work on an elevated road along the Pune-Shirur corridor, a key segment of the Pune-Chhatrapati Sambhajinagar Road. The 53-km project, developed under the Design, Finance, Build, Operate, and Transfer (DFBOT) model through a public-private partnership (PPP), aims to reduce congestion on Pune-Nagar Road and improve regional connectivity.

MSRDC has invited expressions of interest and extended the deadline for bid submissions to February 28. The first phase includes the construction of the elevated Pune-Shirur road, followed by enhancements to the Ahilyanagar-Devgad Road. Additionally, a Greenfield highway linking Shirur to Chhatrapati Sambhajinagar has been proposed.

Spanning 250 km, the Pune-Chhatrapati Sambhajinagar highway will integrate an elevated section over the existing Pune-Shirur highway. With an estimated cost of Rs 200 billion, the project will connect to the Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg at Shendra MIDC, significantly enhancing transportation links in the region.

(Punekar news)

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..