Surat-Chennai economic corridor trips over proposed greenfield section

25 Aug 2022 CW Team

The 1,271 km Surat-Chennai Expressway, which connects Gujarat, Maharashtra, Telangana, and Tamil Nadu via Nasik, Ahmednagar, Solapur, Kalaburgi, Kurnool, Kadappa, and Tirupati, has hit an environmental snag.

The planned Rs 140 billion Surat-Chennai economic corridor project is meeting hurdles over its projected 290 km long greenfield Surat-Nashik-Ahmednagar stretch, just months before the Gujarat assembly elections. This section is located in the ecologically vulnerable Western Ghats.

The Union Environment Ministry's Expert Appraisal Committee (EAC) for Infrastructure Projects has recommended that the present National Highway alignment be upgraded rather than passing through "virgin and ecologically fragile new regions of Western Ghat lands." The remarks were made to the stakeholder ministry/department during a meeting on July 21-22.

Also Read
HDFC Bank leases office space at Mindspace REIT's park for 10 years
Signature Global plans Rs 550 cr investment in housing project

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..