04 Mar 2026

The 162-km Khammam Devarapalle access-controlled greenfield expressway, being developed by the National Highways Authority of India under the Bharatmala Pariyojana, is nearing completion. Built at an estimated cost of INR 3,700 crore, the four-lane corridor will be Telangana's first access-controlled highway. The project is expected to reduce the distance between Hyderabad and Rajahmundry by around 56 km and cut travel time by two to four hours. Despite delays due to land acquisition, utility shifting and monsoons, most of the construction has now been completed.Read more

04 Mar 2026

Adani Ports and Special Economic Zone Ltd (APSEZ) has announced the early results of its cash tender offer to repurchase up to USD 495.1 million of its outstanding offshore bonds. By the early participation deadline, bondholders had tendered USD 196.94 million worth of notes. This included USD 101.58 million of 4.0% senior notes due 2027 and USD 95.36 million of 3.1% senior notes due 2031. The company will proceed with early settlement shortly, while the offer will remain open until 13 March 2026.Read more

03 Mar 2026

E2E Transportation Infrastructure Limited has secured a signalling and telecommunication contract valued at INR 97.82 crore from South Western Railway for works in Karnataka. The project involves installing an automatic signalling system on the Whitefield Jolarpettai section of the Bengaluru Division. The contract has been awarded to BPPL ETIL JV, a joint venture involving the company. E2E must submit a performance guarantee of 5 per cent of the contract value within 21 days. The execution period is 30 months, and the company's current order book stands at around INR 660 crore.Read more

03 Mar 2026

The Maharashtra government has ordered a high-level inquiry into alleged housing irregularities in Navi Mumbai involving the City and Industrial Development Corporation (CIDCO). The probe will examine claims that the mandatory 20 per cent affordable housing component in certain projects was not implemented and that over 2,000 affordable units were not constructed. Questions have also been raised over building permissions issued in Nerul, where approval authority lies with the Navi Mumbai Municipal Corporation. Officials found responsible for procedural lapses may face action after the panel submits its findings.Read more

03 Mar 2026

A small accident at the Sewri-Worli Elevated Connector project site saw a steel reinforcement bar fall and injure a passerby during ongoing pier work. The individual received treatment at Glenn Eagle Hospital, including four stitches, and is now stable. MMRDA's Executive Engineer visited the site and hospital to monitor the situation. The authority will cover all medical costs and support full recovery. Show-cause notices have been issued to the Project Management Consultant and contractor, while a safety review and stricter supervision measures have been implemented to prevent future incidents.Read more

Delhi News Desk

03 Mar 2026

Delhi authorities have proposed building a 5.3 km elevated road or tunnel between Talkatora Stadium and Dhaula Kuan to reduce congestion on Sardar Patel Marg, a key route to Indira Gandhi International Airport. The proposal has been sent to multiple agencies for review after earlier widening plans were dropped due to concerns over the Central Ridge. With only two lanes in each direction, the stretch faces heavy airport-bound traffic. Detailed feasibility and environmental assessments will now determine the project's future course.Read more

03 Mar 2026

Senior officials from KPMG International met with Dr. Sanjay Mukherjee, Metropolitan Commissioner of MMRDA, to explore the adoption of global best practices in contract management and infrastructure governance. The discussions, led by Ms. Lisa Kelvey and Mr. Suneel Vora, focused on frameworks for risk allocation, procurement reforms, performance monitoring, and dispute avoidance in large-scale projects across the Mumbai Metropolitan Region. Emphasizing efficiency, fiscal discipline, and digital oversight, the engagement aims to strengthen MMRDA's project delivery and governance systems, marking a step towards aligning the authority's infrastructure projects with international standards.Read more

Mumbai News Desk

03 Mar 2026

Mumbai's Coastal Road (North) and the Goregaon-Mulund Link Road (GMLR) are progressing as per schedule, with the BMC projecting completion by 2029 and 2028, respectively. The Coastal Road (North) will run from Versova to Dahisar, and the GMLR will connect Mindspace Malad Junction to Goregaon (E), improving north-south and east-west connectivity. All necessary clearances from environmental, maritime, and legal authorities have been secured. These projects follow the partially inaugurated Coastal Road (South) and aim to streamline travel, reduce congestion, and deliver significant infrastructure milestones ahead of upcoming elections.Read more

03 Mar 2026

BMW Ventures Limited has secured its largest-ever fabricated steel products order worth INR 36 crore for a BHEL project, part of a broader INR 141 crore opportunity. The order underscores the company's growing capability in executing large-format industrial structures, supported by an RDSO-approved facility and annual production capacity exceeding 24,000 MT. With a consolidated order book now at 8,805 tons, BMW Ventures expects continued growth in fabricated steel products and steel girders. The win strengthens medium-term revenue visibility and aligns with its strategy to focus on higher-margin steel products.Read more

03 Mar 2026

The Haryana government has approved the final alignment of the 64 km Gurugram-Faridabad-Noida Greater Noida Namo Bharat RRTS-cum-Metro corridor, with nearly 52 km falling within the state. The project will be implemented by the National Capital Region Transport Corporation and aims to integrate seamlessly with existing metro networks in Gurugram and Faridabad. Key stretches in both cities have been defined, and the Detailed Project Report is being finalised. The corridor is expected to reduce travel time, ease congestion and strengthen regional connectivity across the NCR.Read more