PM Modi flags off Kanpur Metro stretch built by Afcons

02 Jun 2025 CW Team

Prime Minister Narendra Modi inaugurated a 5-km stretch of the Kanpur Metro on 30 May 2025, which includes the Kanpur Central underground station constructed by Afcons Infrastructure.

The stretch is part of the KNPCC-06 package, awarded to an Afcons-led consortium on March 14, 2022. This package involves the design and construction of a 3.826-km underground corridor with three stations—Kanpur Central, Jhakarkatti, and Transport Nagar—along with twin tunnels constructed using two shield Tunnel Boring Machines (TBMs).

Tunnelling work along this corridor was particularly challenging due to the proximity of dilapidated structures. Despite these hurdles, Afcons completed the work safely and efficiently. Construction of the Kanpur Central station began in December 2022, while tunnelling between Kanpur Central and Nawabganj started in August 2023; both have now been completed.

Afcons has been associated with Kanpur Metro since the early phases, having executed the elevated Priority Section under package KNPCC-02. This included a viaduct and nine stations from IIT Kanpur to Motijheel, commissioned in June 2021 despite COVID-19-related disruptions.

With metro projects in over 10 Indian cities, Afcons has delivered landmark infrastructure, including India’s first underwater tunnel in Kolkata and the four-layer Nagpur Metro system.

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..