Odisha CM to inaugurate Rs 8 bn Redevelopment Project in Puri

15 Jan 2024 CW Team

Commencing in 2019 with an Rs 8 billion budget, the project focused on constructing a 75-meter heritage corridor encircling the 12th-century Sri Jagannatha Temple. The immediate vicinity of the temple was previously congested with commercial and residential structures, along with 19 ancient 'mathas.' This congestion posed security risks and created difficulties for pilgrims navigating around the temple.

Following the completion of the parikrama, the temple precincts now exhibit a transformed appearance, featuring expansive open spaces. The parikrama incorporates a seven-meter wide green buffer zone safeguarding the outer temple walls, followed by a ten-meter wide inner 'pradakshina' path. The outer pradakshina encompasses landscape zones, pilgrim facilities, and emergency service lanes.

Approximately 4.88 acres of private land surrounding the temple were acquired, accompanied by generous compensation, rehabilitation, and resettlement grants. Out of the total project cost, Rs 500 crore was allocated for compensating and resettling displaced residents, commercial establishments, lodges, and mathas.

Notably, Chief Minister Patnaik is set to inaugurate other development projects on January 17, including a 2.3-km long four-lane road connecting the national highway to the multi-level car parking lot in Puri. This infrastructure improvement facilitates direct access for pilgrims to the Bada Danda or Grand Road in front of the temple without traversing through the town.

The Parikrama project was spearheaded by V K Pandian, the chairman of 5T and Nabin Odisha, recognised for his close association with the chief minister.

While the consecration of the Sri Ram Temple in Ayodhya garners national attention, another significant redevelopment initiative centered around the Sri Jagannatha Temple in Puri is poised for inauguration on January 17, led by Odisha Chief Minister Naveen Patnaik. Commencing in 2019 with an Rs 8 billion budget, the project focused on constructing a 75-meter heritage corridor encircling the 12th-century Sri Jagannatha Temple. The immediate vicinity of the temple was previously congested with commercial and residential structures, along with 19 ancient 'mathas.' This congestion posed security risks and created difficulties for pilgrims navigating around the temple. Following the completion of the parikrama, the temple precincts now exhibit a transformed appearance, featuring expansive open spaces. The parikrama incorporates a seven-meter wide green buffer zone safeguarding the outer temple walls, followed by a ten-meter wide inner 'pradakshina' path. The outer pradakshina encompasses landscape zones, pilgrim facilities, and emergency service lanes. Approximately 4.88 acres of private land surrounding the temple were acquired, accompanied by generous compensation, rehabilitation, and resettlement grants. Out of the total project cost, Rs 500 crore was allocated for compensating and resettling displaced residents, commercial establishments, lodges, and mathas. Notably, Chief Minister Patnaik is set to inaugurate other development projects on January 17, including a 2.3-km long four-lane road connecting the national highway to the multi-level car parking lot in Puri. This infrastructure improvement facilitates direct access for pilgrims to the Bada Danda or Grand Road in front of the temple without traversing through the town. The Parikrama project was spearheaded by V K Pandian, the chairman of 5T and Nabin Odisha, recognised for his close association with the chief minister.

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..