280 km satellite town ring road to connect 12 towns of Bengaluru

22 Mar 2023 CW Team

The Bengaluru Satellite Ring Road project is moving forward quickly, and it is anticipated to be finished by March 2024, far ahead of schedule, according to Union Transport Minister Nitin Gadkari. The 280 kilometre long Satellite Town Ring Road (STRR), being built by the National Highway Authority of India, will link 12 significant towns in the Bengaluru region, including Dobbasapete, Doddaballapura, Devanahalli, Sulibele, Hoskote, Sarjapura, Attibele, Anekal, Tattekere, Kanakapura, Ramanagaram, and Magadi.

According to Gadkari, the project will link eight state highways and six national highways, which will assist ease of traffic in the city. He further emphasised that once the project is finished, many trucks travelling to other areas of Karnataka won't need to enter Bangalore city. It will reduce traffic congestion in Bengaluru by giving trucks a different path to take around congested regions of the city.

The STRR project, which was first suggested in 2005, gained impetus after the Narendra Modi administration said that funding and execution will be handled under the Bharatmala Pariyojana project. It's estimated that the project will cost Rs 150 billion. About 60% of the project's finance would come from the NHAI, and the remaining 40% will come from the Karnataka government. NH- 948A is being developed as part of STRR, which is being built in three concurrent phases, and the existing NH-648 is being realigned (old NH-207).

The Karnataka government established the Satellite Town Ring Road Planning Authority in 2016 to oversee the development of STRR. A total of 1,019 square kilometres fall under the purview of the STRRPA. There will be 12 connected towns as well as 331 connected villages.

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..