Kochi Metro to Lease Land for Bliss City Project

25 Sep 2023 CW Team

Kochi Metro Rail Ltd (KMRL) has released an e-tender for leasing out its land in Kakkanad town in order to expedite the procedures for the proposed Bliss City project. KMRL would lease a total of 17.43 acres near the collectorate at Kunnumpuram for mixed-use development. The proposed multi-billion-dollar Bliss City will be built on 31.43 acres. KMRL has already received 17.43 acres from the government. It has been learned that KMRL has chosen to start the process of leasing out the authorized land because the process of allotment of the remaining 14 acres is likely to be delayed. Earlier this year, KMRL requested expressions of interest (EoI) for the Bliss City project, which included a medical city, entertainment and recreational hub, and so on. The concept was proposed as a way for KMRL to generate non-ticket revenue. Despite the fact that over 20 investors expressed interest in the concept, no financial proposals were offered. Because the majority of the investors were primarily interested in developing residential projects on the proposed area, KMRL opted to alter the concept. Earlier KMRL had held talks regarding the possibility of setting up a new campus of Infopark on the proposed Bliss City land as the Infopark authorities are already struggling due to unavailability of land for the development of the park. KMRL and Infopark have different concepts for leasing land, but there is still a possibility for collaboration, with Infopark's remaining 14 acres being more suitable for IT infrastructure.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..