Rail Link to Vizhinjam Port Set to Complete by Dec 2028

07 Mar 2025 CW Team

The crucial rail and road connectivity projects linking Vizhinjam International Seaport are making progress. While the 1.7-km road connecting the port to NH-66 is in its final stages, the rail link is projected to be completed by 2028. Port Minister V N Vasavan informed the assembly that land acquisition for the rail connectivity project linking Vizhinjam port to Balaramapuram railway station is nearing completion. The land acquisition covers 4.6 hectares in Balaramapuram, Pallichal, and Athiyannoor. The proposal for connecting the port road to NH-66 has been submitted for approval to the National Highways Authority of India (NHAI).

The proposed rail line will span 10.7 km, with 9.43 km of it being an underground tunnel. Construction will begin once the cabinet approves the detailed project report (DPR) from Konkan Railway Corporation Ltd. The state government has submitted proposals to the Union Government under various central schemes to secure funding for the project.

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..