DMRC Inks MoU for Bhubaneswar Metro Expansion

22 Nov 2023 CW Team

In a landmark development, the Delhi Metro Rail Corporation (DMRC) has formalised a Memorandum of Understanding (MoU) with the state of Odisha to usher in the era of metro rail in Bhubaneswar. This collaborative effort signals a significant step toward enhancing the public transportation infrastructure in the capital city, promising a transformative impact over the next four years.

The MoU outlines a strategic partnership between DMRC and Odisha, focusing on the planned expansion of the metro rail network in Bhubaneswar. With a shared vision for modernising urban transportation, this initiative is poised to bring about positive changes in the city's connectivity, ease of commute, and overall urban development.

The four-year timeline set for the project underscores a commitment to expeditious and efficient implementation. The collaboration between DMRC, known for its expertise in metro rail systems, and Odisha, reflects a concerted effort to leverage specialised knowledge and resources for the successful realisation of this ambitious undertaking.

As Bhubaneswar prepares to embrace the metro era, this partnership holds the potential to redefine the city's landscape, offering residents and visitors a more sustainable, efficient, and accessible mode of transportation. The DMRC's role in this venture further solidifies its position as a key player in advancing metro rail networks across India.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..