PWD, SJVNL sign MoU worth Rs 700 million for road widening

25 Oct 2024 CW Team

A memorandum of understanding (MoU) worth around Rs 700 million has been signed between the state Public Works Department (PWD) and SJVN Ltd for the widening of various road projects in Himachal Pradesh. Presiding over the MoU signing ceremony here, PWD Minister Vikramaditya Singh said that the MoU had been signed for the widening of Sunni-Luhri road, Gharat Nala-Khaira road, Shimla-Mandi road and Dhali-Devidhar road. In a statement issued here, he said that this MoU was a historic step towards improving the road infrastructure in both rural and urban areas of the state.

He said that during his recent visit to Delhi, he had urged the Central government to declare five important roads including the Salapad-Tattapani-Sunni-Khaira-Luhri road, as national highways. "It would not only benefit the Karsog area but Ani, Kumarsain, Rampur and Kinnaur regions as well, " he said , adding that the road was near the China border which also makes it important from a strategic point of view. Chairman and Managing Director of SJVNL Susheel Kumar gave details about the ongoing projects in the Sunni and Luhri areas. (Business Standard )

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..