Projects worth over Rs 11 billion launched in Odisha
ECONOMY & POLICY

Projects worth over Rs 11 billion launched in Odisha

Odisha Chief Minister Naveen Patnaik has reportedly launched infrastructure projects worth over Rs 11 billion in Ganjam district of Odisha. Besides, foundation stones for nearly 231 projects were laid, of which 48 of them were inaugurated.


The projects are reportedly in different sectors such as roads, buildings, tourism and water supply, and the cost of the projects for which foundation stones were laid is to the tune of Rs 7.15 billion. Foundation stone for projects such as a 10-bedded geriatric ward (Rs 400 million), district vaccine store (Rs 790 million), bleaching store (Rs 296.4 million) and construction of OPD for eye department at the district headquarter hospital and City hospital were laid. Major projects for which foundation stones were laid include railway over bridges (ROB) at Jagannathpur (Rs 300 million) and Ambapua (Rs 350 million), improvement of nine major roads in Berhampur, Hinjili, Gopalpur, Chikiti and Digapahandi (Rs 1.13 billion).


Patnaik also laid the foundation stone for the development of infrastructure of 11 tourism projects worth Rs 47.8 million along with the double landing of a 15-km road from Karapalli to Loudigaon at a cost of around Rs 490 million.


Odisha Chief Minister Naveen Patnaik has reportedly launched infrastructure projects worth over Rs 11 billion in Ganjam district of Odisha. Besides, foundation stones for nearly 231 projects were laid, of which 48 of them were inaugurated.The projects are reportedly in different sectors such as roads, buildings, tourism and water supply, and the cost of the projects for which foundation stones were laid is to the tune of Rs 7.15 billion. Foundation stone for projects such as a 10-bedded geriatric ward (Rs 400 million), district vaccine store (Rs 790 million), bleaching store (Rs 296.4 million) and construction of OPD for eye department at the district headquarter hospital and City hospital were laid. Major projects for which foundation stones were laid include railway over bridges (ROB) at Jagannathpur (Rs 300 million) and Ambapua (Rs 350 million), improvement of nine major roads in Berhampur, Hinjili, Gopalpur, Chikiti and Digapahandi (Rs 1.13 billion).Patnaik also laid the foundation stone for the development of infrastructure of 11 tourism projects worth Rs 47.8 million along with the double landing of a 15-km road from Karapalli to Loudigaon at a cost of around Rs 490 million.

Next Story
Building Material

Trishakti Industries Secures Major Tata Steel Order

Trishakti Industries Limited has secured a significant order from Tata Steel Ltd for the deployment of advanced machinery and skilled manpower at one of the steel major’s flagship project sites.The contract, awarded domestically, involves the hiring of machines along with manpower, with execution set to be completed by 20th September 2025. The initial contract period is 12 months. The total fresh capital expenditure for the project is approximately Rs 1.5 million, while the overall contract value is expected to exceed Rs 5 million inclusive of taxes.This order marks a reinforcement of top-ti..

Next Story
Real Estate

Kalpataru Projects Secures Rs 27.2 Billion in New Orders

Kalpataru Projects International Limited (KPIL), a leading EPC player in the power transmission and distribution (T&D) and civil infrastructure sector, along with its international subsidiaries, has received new orders and notifications for projects worth approximately Rs 27.2 billion.The projects include:Power Transmission & Distribution (T&D) initiatives in India and overseas.Buildings and Factories (B&F) projects in India.Manish Mohnot, MD & CEO of KPIL, said, “We are delighted with the strong ordering momentum in our T&D and B&F businesses. The orders include ..

Next Story
Infrastructure Energy

ACME Solar Secures Rs 38.92 Billion Financing for Barmer Project

ACME Solar Holdings rose 2.05 per cent to Rs 308.50 after its wholly owned subsidiary, ACME Venus Urja, secured long-term project financing of Rs 38.92 billion from the State Bank of India (SBI).The funds will be utilised for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project in Barmer, Rajasthan. The loan repayment is structured over 19 years.The Barmer-based FDRE project is contracted with NHPC at a tariff of Rs 4.64 per unit. It will integrate solar power generation with a Battery Energy Storage System (BESS) to ensure higher reliability and d..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?