Telangana Sends Rs 196 B Metro Phase II-B Plan To Centre
430x85 The Telangana government has forwarded Hyderabad Metro Phase II-B to the Union Ministry of Housing and Urban Affairs, enclosing all detailed project reports. The scheme spans 86.1 km across three corridors and carries an estimated outlay of Rs 195.79 billion.
Three new corridors
Funding structure
The joint-venture model mirrors Phase II-A:
- Telangana Rs 58.74 billion (30 per cent)
- Union Government Rs 35.24 billion (18 per cent)
- International debt Rs 93.98 billion (48 per cent)
- PPP Rs 7.83 billion (4 per cent)
Earlier, Hyderabad sought clearance for Phase II-A (76.4 km, Rs 242.69 billion). Chief Minister A Revanth Reddy has urged swift Union approval, citing the need to relieve road congestion and support sustainable growth in the fast-expanding city.
Phase I delivered 69.2 km of track at Rs 220 billion, the world’s largest metro built under a PPP model.
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..
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..
Latest Updates
