CM Announces Plan to Build Rs 4Bn Cement Factory in Malkangiri

16 Dec 2024 CW Team

Chief Minister Mohan Majhi announced plans for the construction of a Rs 40 billion cement factory in Malkangiri district, which is expected to provide direct employment to around 2,000 educated youths. The announcement was made during a comprehensive review meeting, marking a significant step toward industrial development in the Maoist-affected region.

The cement factory project is part of broader efforts to integrate Malkangiri into India's railway network, through the Jeypore-Malkangiri and Malkangiri-Pandurangapuram via Bhadrachalam rail line projects. Majhi stated that the land acquisition process for these critical connectivity projects is being prioritized. The Chief Minister also outlined various infrastructure initiatives, including the construction of national highways and rural development projects. The Union government has allocated Rs 197.8 million for the construction of five high-level bridges and Rs 126.2 billion for four additional bridges to improve regional connectivity.

In the education sector, Majhi promised a minimum of two teachers per school and revealed plans to establish Godabarish model primary schools in every panchayat within three years. He also highlighted the implementation of the Subhadra Yojana to promote women's self-reliance, with a special focus on primitive tribes such as the Bonda and Didai.

To ensure the timely completion of these projects, the revenue divisional commissioner (south) and district collector will conduct fortnightly reviews. Majhi emphasized that the district administration must prioritize and expedite all departmental activities.

The review meeting was attended by School and Mass Education Minister Nityananda Gond, Nabarangpur MP Balabhadra Majhi, and local MLAs, among other officials.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..