PM to Unveil Rs 400 Bn Project Linking 11 Rivers in Rajasthan

18 Dec 2024 CW Team

Prime Minister Narendra Modi is set to inaugurate a major Rs 40,000 crore project on December 17, which will link 11 rivers in Rajasthan, making the state water-surplus, according to Union Jalshakti Minister C R Patil.

Patil addressed a gathering at the inauguration of a semiconductor plant, urging corporates to contribute to water conservation efforts to address future water crises. Rajasthan has been grappling with severe water shortages, and this ambitious river-linking project is expected to alleviate the problem by connecting major rivers including Chambal, Parbati, and Kalisindh, among others.

The project, which involves both Rajasthan and Madhya Pradesh, aims to improve water availability for drinking, irrigation, and industrial use in 21 districts across both states. The plan also includes the modification of the Parbati-Kalisindh-Chambal (MPKC) link project, integrated with the Eastern Rajasthan Canal Project (ERCP).

Patil emphasized that water conservation is critical for future generations and that this project would ensure that Rajasthan receives its maximum water supply. The initiative is expected to bring substantial relief to the region, improving the living standards of local communities and supporting agriculture and industries.

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..