3,000 km roads; 9 bridges to be constructed by Odisha Govt in 2023-24

21 Mar 2023 CW Team

The government of Odisha announced a number of road development projects to be undertaken in the fiscal year 2023-2024. Prafulla Kumar Mallick, Works Minister, Odisha, stated at a news conference in Bhubaneswar that his department has been given Rs 46 billion in the state budget 2023-24 for the construction of 3,000 km of roads and 9 significant bridges under the road development programme (RDP). He continued that this sector received a budget allocation of Rs 18.90 billion the previous year.

“Among major projects that would be taken up in this fiscal include six-laning of Cuttack ring road, four-laning of Cuttack-Paradip road, four-laning of Kapilprasad-Jatni road in Bhubaneswar and six- lane road along Daya west canal in Bhubaneswar,” he said. The department will also work on the ring roads around Berhampur, Balangir, and Sambalpur as well as the Taldanda Canal Road in Cuttack. In addition to building these roads, the department would also build bridges over the Kathajodi, Baitarani, and Brahmani rivers in Trishulia, Chandbali, and Anandpur, Mallick said.

The minister added that the government intended to begin construction on the second phase of the Rs 60 billion Biju Expressway, which connects Berhampur and Jeypore. The project’s land acquisition procedure has already begun. Additionally, he noted, Rs 6.98 billion has been given under the RIDF for the improvement and building of roads and bridges in rural regions.

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..