RVNL Wins Rs 5.54 Bn Highway Project in Andhra Pradesh

26 Mar 2025 CW Team

Rail Vikas Nigam (RVNL) has secured a Letter of Acceptance from the National Highway Authority of India (NHAI) for a significant infrastructure project in Andhra Pradesh. The project, valued at Rs 5.54 billion, involves the construction of a six-lane access-controlled road connecting Visakhapatnam Port from the Sabbavaram bypass to the Sheelanagar junction. The 12.66-kilometre stretch will be developed under the Hybrid Annuity Mode (HAM) as part of National Highway (NH) 516C.

As per the contract terms, the project is expected to be completed within 730 days. The initiative aims to enhance connectivity to Visakhapatnam Port, improving traffic flow and logistical efficiency in the region. The contract falls under RVNL’s regular business operations and does not involve any related party transactions.

Following the announcement, RVNL’s stock saw an increase, trading at Rs 372.25 on the NSE, reflecting a rise of Rs 14.35 or 4.01 per cent at 10:15 AM. The project is part of the government's broader efforts to strengthen transportation infrastructure and facilitate economic growth in Andhra Pradesh.

News source: The Hindu Businessline

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..