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06 Jul 2026
Indian Railways has approved a INR 135 crore project to construct a 4.59-km rail flyover between Bondamunda 'A' Cabin and Bondamunda Link 'B' Cabin under the South Eastern Railway to decongest the busy Rourkela-Bondamunda section. The flyover will separate freight and passenger train operations, reducing crossing conflicts, improving operational efficiency and enhancing network capacity on the industrial corridor. Once commissioned, the project is expected to enable the movement of an additional 8 million tonnes per annum (MTPA) of freight, supporting growing mining and steel production in the region.Read more
06 Jul 2026
Columbia Threadneedle Investments and Patrizia have agreed to merge their UK property funds, creating a combined portfolio worth around GBP 1.5 billion (USD 2 billion). The merger follows shareholder approval from Patrizia Hanover Property Unit Trust after a strategic review and reflects a broader trend of consolidation across the UK real estate investment market. With borrowing costs remaining elevated and investment activity becoming more selective, fund managers are seeking larger, more diversified portfolios to improve resilience and operational efficiency while offering investors broader exposure across multiple property sectors.Read more
06 Jul 2026
French shipping and logistics group CMA CGM has agreed to acquire FedEx Supply Chain, the third-party logistics arm of FedEx, for an enterprise value of USD 1.4 billion, marking a significant expansion of its contract logistics operations in North America. The acquisition, announced during the past week, will be executed through CMA CGM subsidiary CEVA Logistics and is expected to close later this year, subject to regulatory approvals. The transaction will add approximately 150 warehouses and 20,000 employees to CEVA's North American network while strengthening CMA CGM's presence in the US logistics market. Alongside the acquisition, the two companies intend to establish long-term commercial partnerships covering ocean freight and air cargo, as FedEx continues to streamline its portfolio and concentrate on its core parcel delivery operations.Read more
06 Jul 2026
Jaipur Development Authority (JDA) has initiated the process of preparing a Detailed Project Report (DPR) for a proposed elevated corridor along the Dravyavati River to improve urban mobility and ease traffic congestion in the city. The consultancy assignment will assess the project's engineering feasibility while incorporating environmental, hydraulic and road safety considerations into the design. The proposed corridor is expected to provide faster east-west connectivity and complement Jaipur's expanding transport infrastructure. The DPR will serve as the foundation for technical planning, cost estimation and future execution of the strategically important road project.Read more
06 Jul 2026
Tripura Chief Minister Shri Manik Saha reviewed the progress of National Highway development projects with Union Road Transport and Highways Minister Nitin Gadkari in New Delhi, focusing on accelerating ongoing works, improving road maintenance and strengthening connectivity across the state. During the meeting, the Centre approved the alignment for the Churaibari–Champaknagar four-laning project, a key initiative expected to enhance regional connectivity and facilitate smoother movement of passengers and freight. Saha also highlighted that Tripura's National Highway network has expanded from 198 km in 2014 to around 923 km in 2026, reflecting significant investments in the state's road infrastructure.Read more
06 Jul 2026
Red Sea International has completed all procedures related to its long-term land lease in Al-Madinah after receiving the site from the Al-Madinah Region Municipality. The company said the investment contract is now fully approved, allowing it to move ahead with the planned mixed-use development. The project carries a total lease value of SAR 161.9 million over a 50-year period and includes the construction, operation, and maintenance of the development. The investment aligns with Saudi Arabia's continued focus on urban development and mixed-use projects under its broader economic diversification plans.Read more
06 Jul 2026
Mumbai is a city where more than half of all daily journeys are made on foot, yet safe footpaths remain the exception rather than the norm. Across much of the city, pavements are missing, too narrow, encroached upon, or damaged, forcing pedestrians to walk alongside moving traffic. Although the Supreme Court has recognised access to safe and accessible footpaths as a fundamental right and BMC has introduced new policies and funding to improve pedestrian infrastructure, progress on the ground remains slow. While a few parts of South Mumbai and select suburban corridors have seen improvements, large sections of the city particularly the eastern suburbs and low-income neighbourhoods continue to lack basic walking infrastructure. The result is a city that depends on walking every day but has yet to make pedestrians a genuine priority in its urban planning.Read more
06 Jul 2026
IRB Infrastructure Trust has signed definitive agreements to transfer two operational Build-Operate-Transfer (BOT) highway assets to the IRB Infrastructure Trust Public InvIT in a transaction valued at INR 4,605 crore. The deal marks another step in IRB's asset monetisation strategy, allowing the company to unlock capital from mature road projects while recycling funds into future infrastructure investments. The transaction also strengthens the InvIT platform by adding revenue-generating highway assets with established toll collections and long-term operational potential.Read more
06 Jul 2026
Suzlon has secured a 105 MW wind energy order from Sunsure Energy, marking the first commercial deployment of its newly launched S175 5.0 MW wind turbine. The project will involve the supply, installation, commissioning and maintenance of 21 S175 wind turbine generators in Bijapur, Karnataka. The latest contract, awarded within two weeks of the turbine's launch, also strengthens the long-standing partnership between the two companies, taking their cumulative order book to 400.8 MW in less than 14 months. Suzlon said the S175 is India's tallest and most powerful wind turbine, designed to improve energy generation and expand the viability of wind projects across new locations.Read more
06 Jul 2026
State-owned National Buildings Construction Corporation (NBCC) has signed a memorandum of understanding (MoU) with the Government of Andhra Pradesh to develop a new Andhra Pradesh Bhavan in New Delhi at an estimated cost of INR 105.5 crore. The project, which will be executed on a turnkey deposit work basis, involves the planning, design and construction of a building with a total built-up area of nearly 2.5 lakh sq ft. Excluding GST and project management consultancy (PMC) charges, the development will be undertaken by NBCC as the designated executing agency, which will oversee the project from planning through to completion.Read more
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06 Jul 2026
The Union Cabinet has approved the construction of an 8.1-km, six-lane tunnel connecting the Dwarka Expressway with Nelson Mandela Marg at Vasant Kunj in Delhi at an estimated cost of INR 6,969.67 crore. To be developed by the National Highways Authority of India (NHAI) under the Hybrid Annuity Model (HAM), the project is expected to be completed within five years. The corridor includes a 1.98-km underground section beneath the Southern Ridge Forest, twin-tube tunnels built using tunnel boring machines, an elevated road along Nelson Mandela Marg and additional flyover infrastructure. The project is intended to improve connectivity between West and South Delhi while easing traffic from Gurugram, Dwarka, IGI Airport and surrounding areas.Read more
06 Jul 2026
• The Gorakhpur Development Authority (GDA) will develop a INR 18 crore 'Modern Road' between Champa Devi Park and Taramandal, creating a model corridor showcasing next-generation urban infrastructure.
• The project will integrate smart utilities, including underground power cables, stormwater drainage, utility ducts, pedestrian-friendly pathways, landscaping and modern street lighting to improve mobility and aesthetics.
• Conceived as a pilot initiative, the road is expected to set new benchmarks for urban road planning and serve as a template for future infrastructure projects across Uttar Pradesh.
• The initiative aligns with the state government's focus on building sustainable, technology-enabled and citizen-centric urban infrastructure while enhancing Gorakhpur's overall connectivity and public spaces.Read more
06 Jul 2026
The Haryana government has proposed a 35-km metro corridor with 28 stations connecting Sector 56 to Pachgaon to improve connectivity across Gurugram's rapidly expanding residential, commercial and industrial areas. The corridor will feature interchanges with the Rapid Metro, Namo Bharat Regional Rapid Transit System (RRTS) and a station serving the planned Global City in Sector 36A. The Detailed Project Report (DPR) has been completed and is under review by the state government. Once approved, the project is expected to reduce road congestion, improve public transport accessibility and support Gurugram's long-term urban expansion.Read more
06 Jul 2026
The Central government has revived eviction proceedings against the Delhi Gymkhana Club by issuing a fresh show-cause notice under the Public Premises (Eviction of Unauthorised Occupants) Act. The club has been asked to explain why it should not be evicted from the prime government-owned property by July 7. The latest action follows earlier proceedings that were withdrawn on technical grounds, signalling the government's renewed effort to resolve the long-running dispute over the club's continued occupation of public land in the national capital.Read more
06 Jul 2026
The Punjab government has commenced construction of a new road over bridge (ROB) in Dhuri, Sangrur district, with an investment of INR 54.76 crore aimed at easing traffic congestion and improving regional connectivity. Punjab Chief Minister Bhagwant Mann laid the foundation stone for the project in the past week, stating that the two-lane bridge with a pedestrian footpath will be built over the Sheron Distributary near Level Crossing No. 62-A on the Rajpura–Bathinda railway line. Funded by the Punjab Infrastructure Development Board (PIDB), the project has secured all statutory approvals and is scheduled for completion by October 2027. The state government said the bridge has been designed to improve transport infrastructure while ensuring uninterrupted access through the existing lower railway crossing to support local businesses and residents.Read more
06 Jul 2026
CJ Darcl Logistics has signed a memorandum of understanding with the National Highways for Electric Vehicles (NHEV) to pilot heavy electric freight operations on India's upcoming e-highways. The partnership will begin with the Bengaluru–Chennai corridor, where the two organisations will jointly develop charging infrastructure and deploy heavy electric trucks. The initiative also includes battery-swapping facilities, solar-powered energy stations and logistics hubs to support zero-emission freight movement. The collaboration aims to evaluate the commercial viability of electric trucking while creating a scalable model for sustainable, low-carbon logistics across India's highway network.Read more
06 Jul 2026
The National Highways Authority of India (NHAI) has introduced a multi-lane free-flow (MLFF) tolling system at the Manoharpura toll plaza on the Delhi–Jaipur section of National Highway-48 in Rajasthan, marking another step towards barrier-free electronic toll collection. The rollout follows the launch of Rajasthan's first MLFF system at the Daulatpura toll plaza in the past month. The authority also plans to extend the technology to the Shahjahanpur toll plaza on the same corridor. The MLFF system combines Automatic Number Plate Recognition (ANPR) technology with FASTag-based toll collection, allowing vehicles to pass through toll plazas without stopping while enabling automated user fee collection and reducing congestion.Read more
06 Jul 2026
• Pune IT City Metro Rail Corporation (PITCMRL) has completed a 60-metre-long foot overbridge (FOB) at Wakad Metro Station on Metro Line 3 to improve pedestrian safety and last-mile connectivity across the • Mumbai–Bengaluru Highway.
• The bridge provides a safe crossing for both metro commuters and the general public, reducing dependence on busy road crossings and improving access to Wakad Chowk.
• Installed during carefully planned late-night operations, the structure is part of preparations for the commercial launch of Pune Metro Line 3 and the development of Wakad as a multimodal transit hub.
• The project is expected to strengthen integration between metro services, buses, taxis and other last-mile transport options while enhancing commuter convenience in one of Pune's busiest transport corridors.Read more
06 Jul 2026
• The National Highways Authority of India (NHAI) has invited bids for the construction of the 62.7-km Thiruvananthapuram Outer Ring Road (ORR) from Navaikulam to Vizhinjam in Kerala.
• The project, estimated to cost INR 8,004.72 crore, will be developed on a Build-Operate-Transfer (BOT) mode as part of NH-866.
• Bidding documents are available from June 5 to August 6, 2026, with online bids to be submitted by August 5 and opened on August 7.
• The proposed corridor is expected to enhance regional connectivity by linking Navaikulam and Vizhinjam, supporting smoother movement of passenger and freight traffic.Read more
06 Jul 2026
Coal India Limited (CIL) has secured an INR 2,831.11 crore contract to develop a 600 MW solar power plant at Jalaun Solar Park in Uttar Pradesh. Awarded by Bundelkhand Saur Urja Limited, the project comprises two 300 MW units and will supply electricity at a tariff of INR 2.73 per kWh. The project strengthens CIL's renewable energy portfolio and supports the company's strategy to expand clean energy infrastructure alongside its core mining business.Read more
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