PM sets ground for Bengaluru Cantonment Railway Station redevelopment

23 Jun 2023 CW Team

On June 20, 2022, Prime Minister Narendra Modi inaugurated the commencement of the Bengaluru Cantonment Railway station's redevelopment project. This significant station is undergoing a transformation into a world-class building, with an estimated cost of Rs 4.8 billion.

As part of the redevelopment process, preliminary work is currently underway. This includes the demolition of existing service buildings to construct a 24-meter diversion road. The purpose of this road is to create additional space in front of the station building and expand the circulating area, ensuring smoother traffic movement. The South Western Railway (SWR) has collaborated closely with the Bruhat Bengaluru Mahanagara Palike (BBMP) to widen the road and facilitate hassle-free traffic flow.

The project will be executed in the Engineering, Procurement, and Construction (EPC) mode, similar to a turn-key basis. The contract for the project has been awarded to Varindera Construction. Currently, the preparation of structural drawings is underway. To ensure technical expertise, an expert team led by Associate Professor N M Anoop Krishnan from IIT Delhi has been engaged for consultancy. The identification and relocation of utilities such as cables and electric transformers are also in progress. A dedicated site office has been established, where engineers are working tirelessly day and night to ensure the project's timely completion. Additionally, the contractor has set up a batching plant at the site for the production of ready-mix concrete. The project is scheduled to be completed by October 2025.

It is planned to preserve the heritage structure of the existing station building, emphasising the importance of conserving its historical significance.

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..