Bihar Begins Land Acquisition for Darbhanga Airport Upgrade

30 Apr 2025 CW Team

The Bihar government has released Rs 2.45 billion to acquire land for expanding Darbhanga Airport’s runway, marking a major step towards upgrading the facility to international status. A total of 90 acres is being acquired, with the funds already transferred to the Darbhanga district administration following a cabinet decision taken in January.

Bihar Chief Secretary Amrit Lal Meena has written to the Ministry of Civil Aviation, urging the Centre to expedite approval. In his communication to the Civil Aviation Secretary, Meena highlighted Darbhanga Airport’s strategic significance, citing its rising passenger numbers, vital connectivity across North Bihar and neighbouring areas, and proximity to Nepal.

This is the second formal request from Bihar, following an earlier communication made in September 2024. In October 2024, the Airports Authority of India (AAI) requested an additional 90 acres to extend the existing runway to 12,000 feet to comply with international aviation norms. Subsequently, the Ministry of Defence granted in-principle approval in December, subject to submission of a detailed proposal.

The Bihar government has set a target to complete land acquisition by August 2025. It has also reaffirmed its full commitment to supporting all future phases needed to elevate Darbhanga Airport to international standards.

Source: Patna Press

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..