KMRL plans Phase II of metro and rushes alternative road construction

08 Mar 2024 CW Team

In Kerala, the Kochi Metro Rail Ltd (KMRL) plans a Phase II line from the city centre to the Kakkanad region and expedites the alternative road construction work to prepare for traffic regulations.

District Collector NSK Umesh recently chaired a meeting where it was decided to implement necessary measures to facilitate construction activities involving collaboration among various departments and organisations. Following this decision, Metro authorities have commenced a coordinated effort to manage traffic and redirect it to alternative routes. KMRL authorities will disclose further details regarding these measures in the forthcoming days. Road widening initiatives are underway on the existing route to enhance traffic flow. Non-bus vehicles, ambulances, autorickshaws, and two-wheelers are expected to be re-routed through alternative paths.

Per the collector's instructions, officials will conduct site visits to Metro construction areas to evaluate the arrangements. Out of the proposed 11 stations, land acquisition for seven stations has been completed.

With construction set to commence in the upcoming weeks, KMRL has increased the frequency of Water Metro services between Vyttila and Kakkanad, providing alternative transportation options for residents commuting to the Kakkanad region.

KMRL aims to finalise the construction of the Phase II Metro line by January of the following year.

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..