Bhubaneswar Metro Package BBC-03 Awarded

08 Aug 2024 CW Team

The Bhubaneswar Metro project has recently awarded its Package BBC-03, marking a significant milestone in the city's metro expansion. This package, crucial for the metro network's development, involves critical construction and infrastructure work essential for the project's success.

Package BBC-03 covers the construction of elevated sections, including viaducts and stations, which are pivotal for the metro's operational efficiency. The award of this package is part of the broader initiative to enhance urban mobility in Bhubaneswar, aiming to alleviate traffic congestion and provide a reliable, eco-friendly transportation option for the city's residents.

The Bhubaneswar Metro project is designed to improve connectivity within the city, reduce travel time, and offer a sustainable alternative to road transport. By expanding the metro network, the project aims to support the city's growth and address the increasing demand for efficient urban transit solutions.

The completion of Package BBC-03 will bring Bhubaneswar closer to realizing its vision of a modern, comprehensive metro system. This development will contribute to a more connected and accessible urban environment, enhancing the quality of life for the city's inhabitants.

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..