80 AMRUT projects worth Rs 4.06 bn completed in J&K

15 Dec 2022 CW Team

A total of 80 projects worth Rs 4.06 billion have been completed in three cities of Jammu and Kashmir under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) mission, while the Union Ministry of Housing and Urban Affairs (MoHUA) has asked the government of the Union Territory to ensure prompt execution of 24 other works, the contracts for which have already been awarded.

AMRUT was launched in 2015 in 500 cities and towns across the country, and in Jammu and Kashmir there are three such cities - Jammu, Srinagar and Anantnag. The focus of the mission is on development of basic infrastructure in the areas of water supply, sewerage and septage management, storm water drainage, green spaces and parks and non-motorized urban transport, among others. As per the document of the Union Ministry of Housing and Urban Affairs containing progress of AMRUT projects, in the three mission cities of Jammu and Kashmir, apart from the 80 projects completed, contracts have been awarded for works worth Rs 1.94 billion.

AMRUT has been extended to achieve its objective and subsumed under AMRUT 2.0 till 31 March 2023, and states/UTs have to complete AMRUT projects by this date. AMRUT 2.0 was launched in October 2021 for a period of five years, from 2021-22 to 2025-26.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..