Poll code hindrance: Road laying tenders face FY24 setback

20 Dec 2023 CW Team

The forthcoming fiscal year may witness a slowdown in road laying tenders due to election-related constraints, posing challenges for infrastructure development.

As the new fiscal year approaches, there are concerns that road laying tenders may experience a setback in the wake of election-related restrictions. The potential impact arises from the application of the poll code, hindering the smooth progression of infrastructure projects in the upcoming fiscal year of 2024.

The imposition of the election code of conduct typically leads to a temporary freeze on new government initiatives and tenders to maintain a fair electoral environment. This pause can adversely affect the timely execution of road construction projects, potentially slowing down progress in the infrastructure sector.

The road construction sector, a key component of economic development, may face delays in project commencement and execution as government authorities adhere to election-related guidelines. This situation not only poses challenges for the timely completion of infrastructure projects but also impacts the overall pace of economic development linked to improved transportation networks.

The need for synchronized development and election processes presents a delicate balance for authorities. Navigating the constraints imposed by the poll code becomes crucial to ensuring continued progress in critical infrastructure projects, with a focus on minimizing delays and sustaining the momentum of economic growth. As stakeholders strategise to navigate these challenges, effective planning and coordination will be essential to mitigate potential setbacks in the road construction sector during the upcoming fiscal year.

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..