Telangana To Float Rs 62.9 Billion Tenders For Rural Road Upgrade

24 Oct 2025 CW Team

The Panchayat Raj Engineering Department (PRED) is preparing to issue tenders for a large-scale road upgradation project valued at Rs 62.9 billion under the Hybrid Annuity Model (HAM).

The initiative covers the construction, upgradation, and maintenance of key rural roads linking Gram Panchayats to mandal headquarters, mandal headquarters to district headquarters, and district headquarters to the State capital.

The Engineer-in-Chief of PR Hyderabad will issue the tenders on 17 October for 17 project packages, encompassing 2,162 roads and spanning a total of 7,449.5 kilometres across 96 constituencies.

Under the HAM framework, the government will fund 40 per cent of the project cost during construction, while contractors will mobilise the remaining 60 per cent through bank financing. Contractors will also be responsible for maintaining the upgraded roads for 15 years following a 2.5-year construction phase.

Panchayat Raj and Rural Development Minister Danasari Anasuya (Seethakka) stated that the project will play a transformative role in improving rural connectivity and boosting the local economy. “This flagship initiative will modernise village roads and strengthen transportation networks that are vital to rural development,” she said.

The scheme is expected to significantly improve last-mile connectivity, enhance agricultural transport efficiency, and promote socio-economic growth across Telangana’s rural areas.

Real Estate

03 Apr 2026

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..