Telangana cancels Keshavapuram contract

11 Nov 2024 CW Team

The Telangana government has scrapped the Keshavapuram project, initially proposed under the previous BRS regime, which was designed to meet Hyderabad's drinking water needs through the Godavari Phase-2 project. Instead, the government has decided to source 15 tmcft of water from Mallannasagar.

The original plan aimed to lift 10 tmcft of water from Kondapochamma Sagar and fill the Keshavapuram reservoir, from where the water would be pumped to Hyderabad. The cancellation was confirmed by the Municipal Administration department on Tuesday, with the decision made public on Wednesday.

Government sources indicated that the Mallannasagar option would save approximately Rs 2,000 crore. Of the 15 tmcft to be lifted, 10 tmcft will be used for Hyderabad's drinking water, while the remaining 5 tmcft will be used to replenish Osmansagar and Himayathsagar.

The Cabinet approved this shift, and tenders are expected to be invited for a new project titled "Godavari Drinking Water Supply Phase-2 and Rejuvenation of Osmansagar and Himayathsagar for Musi River Cleanup." The new plan includes laying a pipeline to transport 15 tmcft of water from Mallannasagar to the Ghanpur pumphouse for distribution to Hyderabad and the reservoirs.

Sources highlighted that Mallannasagar has a capacity of 50 tmcft, whereas Kondapochamma Sagar can only hold 16 tmcft. This change reduces the need for multiple pumping stations, cutting operational costs and electricity usage. The cost of supplying water from the Godavari and Krishna rivers is expected to decrease from Rs 48 per KLD to Rs 4 per KLD once the project is completed.

The Keshavapuram project contract had been awarded to Megha Engineering and Infrastructure Limited (MEIL), but work did not start. MEIL requested a revision of the cost estimates based on the 2024 rates, which was rejected by the state government.

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..