Haryana Orbital Rail: RVNL to construct a 5-km tunnel in the Aravallis

23 Mar 2023 CW Team

For the 4.7 km tunnel Package C-4 of the 121.74 km Haryana Orbital Rail Corridor (HORC) project, the Rail Vikas Nigam (RVNL) has come out on top as the lowest bidder.

The Roz-Ka-Meo Industrial Area in Sohna is close to the construction of twin tunnels through the Aravalli Mountains between chainage 24.880 km and 29.580 km.

The New Austrian Tunneling Method (NATM) and the cut-and-cover technique will be used to build the tunnel.

The project's implementing organisation, Haryana Rail Infrastructure Development Corporation (HRIDC), issued an unannounced procurement call in November 2022 for the construction of the C-4 package on an EPC basis.

Six bidders were in the running when the technical bids were opened in February. They included IRCON International, RVNL, ITD Cementation India, APCO Infratech, Gawar Construction, and Dilip Buildcon.

RVNL's bid of Rs 10.88 billion has been determined to be the lowest.

Also read:
EKI signs consultancy services contract with KMRL
Chennai Metro signs agreement for Phase 2 Depot Machinery and Plant

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..