Underwater Tunnel in Brahmaputra: Assam CM Meets Minister Gadkari

05 Dec 2024 CW Team

Assam Chief Minister Himanta Biswa Sarma met Union Minister of Road Transport and Highways Nitin Gadkari to discuss the commencement of the ambitious underwater tunnel project in the Brahmaputra River. The proposed tunnel will connect Gohpur and Numaligarh, linking the north and south banks of the Brahmaputra. Sarma acknowledged the central government’s robust support for the project, expressing gratitude for its assistance. Sharing updates on social media platform X, Sarma said, "Happy to share! Just concluded an excellent meeting with Hon'ble Union Minister Shri @nitin_gadkari Ji. I am truly impressed by the unwavering support from @MORTHIndia in expediting priority infrastructure projects in Assam, ensuring they are completed on time." He announced that construction of the underwater tunnel would begin shortly, along with two other significant projects—the Guwahati Ring Road and the Kaziranga Elevated Corridor. Discussions also covered the progress of the national highway connecting Jorhat and Dibrugarh and the double laning of the Baihata Chariali to Mission Chariali highway. Highlighting the transformative potential of these initiatives, Sarma said, "Together, we are committed to transforming Assam's infrastructure and unlocking its immense potential." The underwater tunnel, estimated to cost Rs 60 billion, will support both rail and vehicular traffic, enhancing connectivity between the two banks of the river. Reflecting on the project’s approval, Sarma said, "Once, I dreamt of making such an underwater tunnel in Assam, but I doubted if it was possible. Now, with Prime Minister Narendra Modi's green signal, it will become a reality." (ET)

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..

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..

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..