NSSCDCL forecloses Shapoorji Pallonji’s contract of Smart City

17 Oct 2022 CW Team

In a major development, Nagpur Smart and Sustainable City Development Corporation (NSSCDCL) while rejecting the claim of damages sought by M/s Shapoorji and Pallonji, the Board of Directors decided to foreclose its Rs 6.30 billion contract for Smart City. A meeting of board of directors of NSSCDCL was held at Smart City office in Chhattrapati Shivaji Maharaj Administrative Building of Nagpur Municipal Corporation (NMC).

A communique from NSSCDCL stated that the decision about foreclosure of the contract had approval from the special purpose vehicle of Shapoorji and Pallonji saying the company failed to complete the work within extended time-frame upto June 30, 2022, albeit post payment of compensation of Rs 152.5 million as against claim of Rs 4.48 billion.

M/s Shapoorji Pallonji Company was awarded work for design and construction of roads, bridges, culverts, sidewalks, and MEP works, PHE works including associated civil works on Tender Sure concepts in Area Based Development Area in East Nagpur. The total cost of the project was envisaged to be around Rs 6.50 billion.

Also Read
Maharashtra Government plans to develop Neral-Karjat industrial region
Supply-demand gap for affordable housing in MMR

Infrastructure Energy

14 Oct 2025

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..