J&K metro rail projects reach final stage of approval

03 Jan 2022 CW Team

Minister of Housing and Urban Affairs and Petroleum and Natural Gas Hardeep Singh Puri said that since real estate is the country's second-largest employer, it will create numerous job opportunities in Jammu and Kashmir.

Puri said that the Jammu and Srinagar metro rail projects proposals have reached the final stage for being approved by the PIB- Public Investment Board.

The Minister announced this during the ‘Real Estate Summit- 2021’ held in Jammu.

The Department of Housing & Urban Development Department, Government of Jammu and Kashmir organised the Real Estate Summit- 2021 in collaboration with the Ministry of Housing and Urban Affairs, Government of India.

He further mentioned that demand that is created for real estate construction in Jammu and Kashmir is not restricted to housing. It covers tourism, hospitality, and warehousing. In the course of time, the summit will further accelerate the process.

The Real Estate Regulatory Authority Act (RERA), as well as the Tenancy Act that has been implemented in Jammu and Kashmir, will help in conducting business activities easily.

Singh also mentioned that the investment proposals in Jammu and Kashmir can go up to Rs One lakh crore in the upcoming coming years. In terms of economic development across sectors, Jammu and Kashmir should be as good as the other Union Territory states in the country.

Image Source

Infrastructure Urban

30 May 2026

Johnson Controls Heat Pumps Cut Heating Costs

Johnson Controls has reported that its commercial and industrial heat pump portfolio helped global customers reduce annual heating costs by an estimated 32 per cent in 2025, compared to conventional gas boilers. The company also said customers cut greenhouse gas emissions by 55 per cent, equal to 1.6 million metric tonnes.The heat pumps are being used across healthcare, manufacturing, municipal and district energy projects, where reliable heating, cooling and energy savings are critical. At New Aalborg Hospital in Denmark, Johnson Controls’ district cooling system helped cut electricity cost..

Dreamfly Named Among 100 Desi Deeptechs

Dreamfly Innovations has been recognised among the ‘100 Desi Deeptechs’, an initiative by Startup Policy Forum in collaboration with MeitY Startup Hub, Startup India and Indian Institute of Technology Madras. The initiative highlights founders and companies building core technologies critical to India’s long-term growth and self-reliance.The cohort includes startups working across drones and aerospace, defence technology, cleantech, robotics, semiconductors, advanced manufacturing and electric mobility. It aims to bring deeptech founders and policymakers together to strengthen India’s ..

Vedanta Secures AA+ Rating from ICRA

Vedanta Group has received its highest domestic credit rating in over a decade after ICRA upgraded the long-term ratings of Vedanta Limited and Vedanta Aluminium Metal Limited to AA+ with a Stable outlook. Talwandi Sabo Power Limited was also upgraded to AA-/Stable from A+/Watch Developing, while the group’s short-term rating was reaffirmed at A1+.The rating action marks Vedanta’s highest domestic credit rating since 2014. Vedanta Limited and Vedanta Aluminium Metal Limited, two of the largest entities emerging from the demerger, together account for over 75 per cent of the group’s long-..