Kochi Metro Phase II construction to start from September 7

09 Sep 2024 CW Team

Kochi Metro Rail Limited (KMRL) is set to begin construction on the viaduct and CEZ Metro station for the Phase II (Pink Line) project on Saturday, September 7. The inauguration will be led by Industry Minister P Rajeeve at 2 p.m. at the proposed CEZ Metro station, in the presence of MP Hibi Eden and MLA Uma Thomas.

Afcons Infrastructure Ltd, awarded the Rs 19.57 billion Pink Line project, will commence piling works for the 11.2 km viaduct, which they will construct for Rs 11.41 billion over a 20-month period. If completed on schedule, Kochi Metro will achieve the title of India's fastest metro construction agency, with the entire Phase II project expected to be finished in two years.

The Asian Infrastructure Investment Bank (AIIB) has approved Rs 9.14 billion in financial assistance for the project, with KMRL planning to sign the contract with AIIB in October. Soil tests, test pilings, and a topography survey have already been conducted along the proposed route from JLN Stadium to Infopark.

New stations will be constructed at Palarivattom Junction, Palarivattom Bypass, Chembumukku, Vazhakkala, Padamughal, Kakkanad Junction, Cochin SEZ, Chittethukara, KINFRA, and Infopark. KMRL aims to complete system and signalling work within four months after the viaduct is finished. However, a meeting to discuss alternate routes to reduce traffic congestion during construction is still pending. (ET)

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..