Warangal Airport Project on Track for Timely Completion
PNC Transfers Stake in SPVs
PNC Infratech Ltd. has received approval from the National Highways Authority of India (NHAI) to transfer its entire 100% stake in three subsidiary companies (Special Purpose Vehicles or SPVs) to Highways Infrastructure Trust (HIT), an Infrastructure Investment Trust (InvIT) managed by KKR & Co Inc. This transaction is part of a larger Rs 9,005 crore agreement signed in January 2024 between PNC Infratech, PNC Infra Holdings (its subsidiary), and HIT. The three approved SPVs are PNC Bithur Kanpur Highways Pvt Ltd, PNC Gomti Highways Pvt Ltd, and PNC Aligarh Highways Pvt Ltd. These assets are a..
Wider EM Bypass Stretch Soon
The south-bound stretch of the EM Bypass near Metropolitan's Orange Line Metro station is set to expand with the addition of two lanes to the existing three-lane road by December. Rail Vikas Nigam Limited (RVNL), responsible for this crucial infrastructure upgrade, is constructing a 55m x 6m iron bridge over the Moila khal (canal). This new structure, which includes a 4.5m carriageway and a 1.5m cantilever pedestrian walkway, promises enhanced durability and efficiency compared to a Bailey bridge, previously proposed by Kolkata Police. The iron bridge, weighing 240 tonnes, is five times heavi..
Railways Deploys Exam Special Trains
To accommodate candidates appearing for the Railway Recruitment Board examination on November 25 and 28, the Indian Railways has announced three special trains on select routes. These trains will operate between Patna-Ranchi, Barauni-Dhanbad, and Garwah Road-Bilaspur on November 24 and 27 to ensure smooth travel for exam aspirants. ECR Chief Public Relations Officer (CPRO) Saraswati Chandra shared the schedules. The Patna-Ranchi examination special (03219/03220) will depart from Patna at 3 pm on November 24 and 27, reaching Ranchi by 11:45 pm the same day. The return journey will start from Ra..