Odisha CM launches 18 projects on OCCL's 60th foundation day

24 May 2022 CW Team

Odisha CM Naveen Patnaik has launched 18 projects worth Rs 450 crore at the 60th foundation day celebration of the Odisha Construction Corporation Limited (OCCL).

OOCL was formed by the former CM and the father of the current CM, Biju Patnaik, like other public sector undertakings (PSUs).

It has now become a huge organisation which is specialised in planning, designing, monitoring and constructing civil, mechanical and hydraulic projects.

CM Patnaik said that with the adoption of the 5T initiative, including teamwork, technology, transparency, transformation and time limit, OCCL will bring more efficiency and professionalism in transforming Odisha.

Officials said that for the past 60 years, OCCL had undertaken several ventures, including hydroelectric, irrigation, thermal power, industrial, harbour, railway and institutional projects.

CM added that such projects had generated vast employment opportunities over the past years and transformed the social, economic and industrial structure of Odisha.

Image Source

Also read: Odisha CM inaugurated industrial projects worth over Rs 2k cr

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..