Karnataka Cabinet Approves Infra Projects and IIIT-B Funding

24 Feb 2025 CW Team

The Rs 8.17 billion IIIT-B expansion project will receive Rs 2.85 billion from the state government, covering 35% of the project cost. An initial Rs 250 million will be allocated in the 2024-25 budget, with the remaining disbursed over seven years. IIIT-B is expected to raise the remaining funds through CSR initiatives.

Law and Parliamentary Affairs Minister HK Patil also announced the establishment of a Rs 750 billion cluster seed fund to promote startups beyond Bengaluru, focusing on cities like Mysuru, Hubballi, and Mangaluru. Additionally, the cabinet approved the creation of a semiconductor future accelerator lab 2.0, costing Rs 708 million, with the state contributing Rs 503.3 billion between 2025 and 2030.

The cabinet also approved outsourcing 306 skill trainers and ten professional coordinators for high schools in the Kalyana Karnataka region under the National Skill Qualification Framework. A new clean mobility policy was sanctioned to attract Rs 500 billion in investments and generate one lakh jobs.

Other key decisions include the retendering of an elevated rotary flyover at IOC Junction and a two-lane ROB at Baiyyappanahalli for Rs 4.26 billion, and the implementation of 16 water security projects in Bengaluru worth Rs 20 billion, funded by the World Bank. Projects like the Vijayapura Sub-Regional Science Centre and Mini Planetarium (Rs 128.8 million), upgrading Banavara Gram Panchayat to a Town Panchayat, and modernising water supply from Clive Lines Reservoir for Rs 1.99 billion were also approved.

A committee led by DCM DK Shivakumar will review the Guruprasad Committee’s recommendations on revising civil works and submit its findings at the next cabinet meeting.

(newindianexpress)

The Siddaramaiah-led Karnataka cabinet has approved a series of infrastructure initiatives, including funding for the expansion of IIIT-Bengaluru. This decision follows the Invest Karnataka 2025 Global Investors’ Meet, which concluded last week.The Rs 8.17 billion IIIT-B expansion project will receive Rs 2.85 billion from the state government, covering 35% of the project cost. An initial Rs 250 million will be allocated in the 2024-25 budget, with the remaining disbursed over seven years. IIIT-B is expected to raise the remaining funds through CSR initiatives.Law and Parliamentary Affairs Minister HK Patil also announced the establishment of a Rs 750 billion cluster seed fund to promote startups beyond Bengaluru, focusing on cities like Mysuru, Hubballi, and Mangaluru. Additionally, the cabinet approved the creation of a semiconductor future accelerator lab 2.0, costing Rs 708 million, with the state contributing Rs 503.3 billion between 2025 and 2030.The cabinet also approved outsourcing 306 skill trainers and ten professional coordinators for high schools in the Kalyana Karnataka region under the National Skill Qualification Framework. A new clean mobility policy was sanctioned to attract Rs 500 billion in investments and generate one lakh jobs.Other key decisions include the retendering of an elevated rotary flyover at IOC Junction and a two-lane ROB at Baiyyappanahalli for Rs 4.26 billion, and the implementation of 16 water security projects in Bengaluru worth Rs 20 billion, funded by the World Bank. Projects like the Vijayapura Sub-Regional Science Centre and Mini Planetarium (Rs 128.8 million), upgrading Banavara Gram Panchayat to a Town Panchayat, and modernising water supply from Clive Lines Reservoir for Rs 1.99 billion were also approved.A committee led by DCM DK Shivakumar will review the Guruprasad Committee’s recommendations on revising civil works and submit its findings at the next cabinet meeting.(newindianexpress)

Infrastructure Urban

13 Oct 2025

Recycling Leaders Push for Policy Reforms in India

As India prepares for the largest recycling-focused event in its history, industry leaders are making a strong case for policy reforms to unlock the country’s circular economy potential. Ahead of the Bharat Recycling Show (BRS) 2025, co-located with Plastics Recycling Show (PRS) India, a high-level panel discussion in Mumbai spotlighted the urgent need for regulatory clarity, digital innovation, and integration of the informal sector.Held under the theme “Unlocking Circular Value: Regulatory and Market Trends in Recycling”, the panel brought together prominent voices from across the recy..

Infrastructure Energy

13 Oct 2025

Environmental Hearing Set for 1000 MW Naying Hydro Project

The environmental public hearing for the 1,000 MW Naying hydroelectric project will take place on November 12 at Yapik community hall in Shi-Yomi district, Arunachal Pradesh, officials confirmed. The run-of-the-river project on the Siyom (Yomgo) river is being developed by the North Eastern Electric Power Corporation (NEEPCO). Construction, including a concrete dam, underground powerhouse, and tunnel, is expected to commence around 2028, with commissioning planned by 2032. The project aims to generate approximately 4,966.77 GWh of electricity. The Naying project received Central Electricity ..

Infrastructure Energy

13 Oct 2025

India Achieves 490 MWh Energy Storage Capacity by June 2025

India’s cumulative energy storage capacity reached 490 MWh by June 2025, according to data released by the Central Electricity Authority (CEA). Of this, more than 85 per cent is associated with renewable energy projects, primarily solar and wind, reflecting the country’s accelerated shift towards grid stability and clean energy integration. The CEA report highlights that 16 energy storage systems are currently operational across 10 states, with major installations in Rajasthan, Gujarat, Karnataka, and Maharashtra. These include both standalone and co-located battery systems deployed by le..