Redevelopment starts at Varkala Sivagiri Rail Station in Kerala

08 May 2024 CW Team

The redevelopment work of the Varkala Sivagiri railway station, as part of the Amrit Bharat Station scheme, has commenced, it was announced.

It was disclosed that the works are being undertaken by various agencies who were appointed to assist in construction activities by the joint venture of Kerala Rail Development Corporation (KRDCL) and Rail Vikas Nigam (RVNL), which had secured the contract.

It was further revealed that the station will be redeveloped at an estimated cost of Rs 1.23 billion in engineering, procurement, and construction (EPC) mode, with a construction period of 30 months. Concurrently, the same agencies were awarded the contract for the redevelopment of Thiruvananthapuram Central Railway Station at an estimated cost of Rs 4.39 billion in EPC mode, with an expected completion period of 42 months.

During a review meeting at the Southern Railway headquarters, officials evaluated the current progress of the initial stages of the Varkala station redevelopment. It was decided to commence the demolition of the station in the following month. Additionally, it was decided to incorporate two entrances in the new station building. An official of KRDCL commented, "Now, the preliminary work is progressing at a fast pace. The work, including the demolition of the station, is likely to begin soon."

Upon completion of the redevelopment, the station is expected to offer a range of enhanced passenger facilities and visually appealing interiors, creating an improved overall atmosphere. The exterior of the station will feature attractive landscaping, while the interior will be illuminated in a manner reminiscent of airports. Furthermore, the redeveloped station will provide parking facilities and superior intermodal transport options, ensuring seamless connectivity for passengers.

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..