Delhi Metro Phase 4 expansion boosts network with new corridors

05 Jun 2024 CW Team

The initiation of the construction for two new metro corridors within Delhi?s Metro Phase 4 is poised to gain momentum. It is anticipated that the tender process will commence shortly, and construction at the site will commence by the year's end. These corridors, namely the Indralok-Indraprastha and Lajpat Nagar-Saket G Block Metro Corridors, will collectively span a distance of 20.76 km, significantly enhancing Delhi?s metro network.

According to information provided by the Delhi Metro Rail Corporation (DMRC), the government sanctioned the development of two new metro corridors in Delhi in March 2024. The Lajpat Nagar-Saket G Block corridor will predominantly be elevated, while the Indralok-Indraprastha corridor, except for a one-kilometre section, will be underground. The project is allocated a budget of Rs 83.99 billion, and the foundation stone for both corridors has been ceremoniously laid.

At present, construction is underway for three corridors under the Delhi Metro expansion initiative: the Janakpuri West-RK Ashram Corridor, Majlis Park-Maujpur Corridor, and Tughlakabad-Aerocity Corridor. These corridors will collectively cover a distance of 65.20 kilometres. Upon the completion of these corridors, along with the addition of two more corridors in Phase 4, the total length of the metro network in the National Capital Region (NCR) will extend to 478.4 km.

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..