Gorakhpur Gets Rs 10.55 bn Boost As CM Unveils 497 Projects

28 Apr 2026 CW Team

The chief minister dedicated an Eco Park created after scientific disposal of 0.226 million tonnes (2.26 lakh metric tonnes) of legacy waste and opened the Nausadh-Malouni four-lane road. The park includes green spaces, play areas and yoga zones and municipal authorities characterised the transformation as converting long-standing waste sites into recreational public space. He flagged off municipal vehicles including eco-friendly CNG units and a moksh vehicle for transportation of mortal remains and inaugurated six smart roads developed under the CM Grid initiative.

Officials said projects worth over Rs 2 billion (over Rs 200 crore) have been allocated to upgrade key city stretches, along with stormwater drainage systems, park beautification, green belt development and urban forestry measures. The chief minister highlighted improvements achieved over the past nine years in road connectivity, healthcare, sanitation, education, sports, industry and flood management. He cited AIIMS Gorakhpur and BRD Medical College as major healthcare hubs and referenced the establishment of four universities, the revival of the fertiliser plant and a new sugar mill at Pipraich.

A Swachh School Abhiyan has been launched with over 0.1 million school children (over one lakh) set to participate in awareness campaigns and competitions to promote cleanliness. The chief minister urged large-scale plantation during the upcoming Van Mahotsav and asked legislators and corporators to develop mini city forests in their wards. Local representatives and officials praised the administration's vision and said the projects signal Gorakhpur's emergence as a model for clean, green and smart urban development in the state.

Uttar Pradesh Chief Minister Yogi Adityanath inaugurated and laid the foundation stone for 497 projects worth Rs 10.55 billion (Rs 1,055 crore) in Gorakhpur, announcing a broad development push at a public event on the Ekla embankment by the Rapti river. The projects encompass urban infrastructure, roads, sanitation and public amenities and were described as part of a concerted effort to accelerate the city's growth. Officials said the initiatives are intended to boost connectivity and service delivery. The chief minister dedicated an Eco Park created after scientific disposal of 0.226 million tonnes (2.26 lakh metric tonnes) of legacy waste and opened the Nausadh-Malouni four-lane road. The park includes green spaces, play areas and yoga zones and municipal authorities characterised the transformation as converting long-standing waste sites into recreational public space. He flagged off municipal vehicles including eco-friendly CNG units and a moksh vehicle for transportation of mortal remains and inaugurated six smart roads developed under the CM Grid initiative. Officials said projects worth over Rs 2 billion (over Rs 200 crore) have been allocated to upgrade key city stretches, along with stormwater drainage systems, park beautification, green belt development and urban forestry measures. The chief minister highlighted improvements achieved over the past nine years in road connectivity, healthcare, sanitation, education, sports, industry and flood management. He cited AIIMS Gorakhpur and BRD Medical College as major healthcare hubs and referenced the establishment of four universities, the revival of the fertiliser plant and a new sugar mill at Pipraich. A Swachh School Abhiyan has been launched with over 0.1 million school children (over one lakh) set to participate in awareness campaigns and competitions to promote cleanliness. The chief minister urged large-scale plantation during the upcoming Van Mahotsav and asked legislators and corporators to develop mini city forests in their wards. Local representatives and officials praised the administration's vision and said the projects signal Gorakhpur's emergence as a model for clean, green and smart urban development in the state.

Infrastructure Urban

28 Apr 2026

MRPL Board Approves Results For Year Ended March 2026

The board of Mangalore Refinery and Petrochemicals Limited approved audited standalone and consolidated financial results for the fourth quarter and year ended 31 March 2026. The board meeting was held on 24 April 2026 and approved the accounts for the quarter and the financial year. The company reported revenue from operations for the quarter of Rs 284,930 million (mn). This compares with the prior period figures disclosed in the filing. Profit before tax for the quarter was Rs 12,350 mn, up from Rs 5,840 mn in the corresponding quarter of the previous year. Profit after tax for the quarter w..

Infrastructure Urban

28 Apr 2026

Reliance Posts Record Annual Revenue And Profit For FY26

Reliance Industries reported record annual consolidated revenue of Rs 11,759.19 billion (bn) for the year ended 31 March 2026, reflecting an increase of nine point eight per cent year on year, and annual consolidated EBITDA of Rs 2,079.11 bn, up thirteen point four per cent. Annual profit after tax reached Rs 956.10 bn, rising eighteen point three per cent, and the board declared a dividend of Rs six per share. Quarterly consolidated gross revenue stood at Rs 3,252.90 bn while quarterly EBITDA was stable at Rs 485.88 bn, with capital expenditure for the year at Rs 1,442.71 bn as the group adva..

Infrastructure Urban

28 Apr 2026

Lodha Posts Record Pre-sales And Reduced Net Debt In FY26

Lodha Developers reported strong FY26 performance, with record annual pre-sales of Rs 205,300 million (mn) and a marked reduction in net debt to Rs 53,770 million. The report covered the quarter ended 31 March 2026 and noted the best-ever quarterly and annual pre-sales, driven by rising collections and operational efficiencies. Net debt to equity stood at 0.23x by quarter end, reflecting low leverage alongside scaled business expansion. The company delivered profit after tax of Rs 34,310 million, up 24 per cent, with PAT margin improving to 20.0 per cent from 19.5 per cent a year earlier. Duri..