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.


"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement