Modi Initiates Rs 80 bn infrastructure development in Ahmedabad

24 Sep 2024 CW Team

Among the key highlights, Modi inaugurated India’s first Namo Bharat Rapid Rail service from Ahmedabad to Bhuj and introduced several new Vande Bharat train routes. These include services from Nagpur to Secunderabad, Kolhapur to Pune, Agra Cantt to Banaras, Durg to Visakhapatnam, and Pune to Hubballi. He also flagged off a 20-coach Vande Bharat train from Varanasi to Delhi. Additionally, the Prime Minister launched the Single Window IT System (SWITS) for the International Financial Services Centres Authority to streamline operational processes.

The infrastructure initiatives include the quadrupling of the Samakhiali-Gandhidham and Gandhidham-Adipur railway lines, which are expected to enhance transportation connectivity significantly. Plans are also underway for the development of iconic roads within the Ahmedabad Municipal Corporation (AMC) to improve city connectivity and transit ease. The inauguration marked the commencement of construction for flyover bridges at Bakrol, Hathijan, Ramol, and Panjarpol Junction, aimed at alleviating traffic congestion and improving travel times.

Moreover, PM Modi inaugurated a 30 MW solar system and a 35 MW Battery Energy Storage System (BESS) Solar PV Project at the Kutch Lignite Thermal Power Station. He also established 220 kV substations in Morbi and Rajkot. Additionally, over 30,000 houses have been sanctioned under the Pradhan Mantri Awas Yojana - Gramin initiative, with the initial installment released for these homes. These actions represent significant strides toward enhancing the country’s infrastructure and promoting sustainable energy practices.

Prime Minister Modi has launched and laid the foundation for multiple developmental projects in Ahmedabad, Gujarat, collectively valued at over Rs 8,000 crore. These projects span various sectors, including railways, roads, power, housing, and finance. Among the key highlights, Modi inaugurated India’s first Namo Bharat Rapid Rail service from Ahmedabad to Bhuj and introduced several new Vande Bharat train routes. These include services from Nagpur to Secunderabad, Kolhapur to Pune, Agra Cantt to Banaras, Durg to Visakhapatnam, and Pune to Hubballi. He also flagged off a 20-coach Vande Bharat train from Varanasi to Delhi. Additionally, the Prime Minister launched the Single Window IT System (SWITS) for the International Financial Services Centres Authority to streamline operational processes. The infrastructure initiatives include the quadrupling of the Samakhiali-Gandhidham and Gandhidham-Adipur railway lines, which are expected to enhance transportation connectivity significantly. Plans are also underway for the development of iconic roads within the Ahmedabad Municipal Corporation (AMC) to improve city connectivity and transit ease. The inauguration marked the commencement of construction for flyover bridges at Bakrol, Hathijan, Ramol, and Panjarpol Junction, aimed at alleviating traffic congestion and improving travel times. Moreover, PM Modi inaugurated a 30 MW solar system and a 35 MW Battery Energy Storage System (BESS) Solar PV Project at the Kutch Lignite Thermal Power Station. He also established 220 kV substations in Morbi and Rajkot. Additionally, over 30,000 houses have been sanctioned under the Pradhan Mantri Awas Yojana - Gramin initiative, with the initial installment released for these homes. These actions represent significant strides toward enhancing the country’s infrastructure and promoting sustainable energy practices.

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..

Infrastructure Energy

05 Nov 2025

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..

Infrastructure Urban

05 Nov 2025

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..