Systra & Rites Ltd will finalise the DPR for Phase I of the metro rail

11 Apr 2022 CW Team

The Tamil Nadu government has approved the feasibility study for the Coimbatore mass rapid transit system.

The detailed project report (DPR) for Phase-I of the project is under finalisation by Systra and Rites Limited.

Recently, a stakeholder’s meeting was hosted, where the principal secretary and managing director of Chennai Metro Rail Limited (CMRL), Pradeep Yadav, headed the meeting.

In the meeting, he explained to the stakeholders the detailed presentation of the proposed Coimbatore metro rail facility on the different lines to be created across the district.

Overall, 139 km of the metro rail will be taken up in three phases by CMRL. Phase-I will be constructed for a 44 km distance on Avinashi road until Karumathampatty road and Sathyamangalam road until Valiampalayam Pirivu from Ukkadam in south Coimbatore.

District collector Dr G S Sameeran, city corporation commissioner Raja Gopal Sunkara, other officials and representatives from the special initiative department of CMRL, office bearers of Integrated Chambers of Commerce and Industry, Coimbatore (ICCI-C), Codissia, Siema, Residents Awareness Association of Coimbatore (RAAC), Confederation of Real Estate Developers Associations of India (CREDAI), were present in the meeting.

Image Source

Also read: State govt allocates Rs 6,683 cr for Coimbatore metro rail

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..