Rs 2 billion dealt for water supply and drainage in Prayagraj wards

05 Sep 2024 CW Team

The Prayagraj Municipal Corporation has approved a Rs 2 billion budget to improve drinking water supply, roads, and drainage systems in the city's newly expanded wards under the Chief Minister Nagar Srijan Yojana. In the first phase, the plan focuses on reboring hand pumps and tube wells, alongside road and drainage construction.

Detailed proposals for these works have been approved by the Municipal Corporation, and construction is expected to begin soon, according to Municipal Commissioner Chandra Mohan Garg. Additionally, funds have been allocated to build intake wells near Naini, Jhunsi, and Jhalwa to extract, treat, and supply water to households. Twelve new tube wells and pipelines will be installed as part of the project, with tenders already completed.

In a separate decision, the design for a new Shivalaya Thematic Park in Arail has been approved. Spanning 11.5 acres and costing Rs 250 million, the park will feature replicas of 23 major Lord Shiva temples, along with attractions like a light show, boating, a food court, and a herbal garden. The park is expected to be completed before the Maha Kumbh festival. (TOI)

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..