Andhra Pradesh Embraces PPP for Highways

02 Dec 2024 CW Team

Andhra Pradesh has decided to develop 10,200 km of state highways using the Public-Private Partnership (PPP) model. Chief Minister N. Chandrababu Naidu approved the proposal during a review meeting with the Roads and Buildings (R&B) Department. This marks the first time the state will adopt the PPP model for state highway development.

Key Highlights Phase 1 Scope: Development of 18 roads spanning 1,307 km. DPR Preparation: Officials directed to prepare Detailed Project Reports (DPRs) and expedite construction work. Toll Policy: Tolls will apply only to heavy commercial vehicles, while two-wheelers, autos, tractors, and agricultural vehicles are exempt. Viability Gap Funding and Focus on Quality The government may provide viability gap funding to ensure projects are financially feasible without burdening the public. Emphasis is placed on:

Delivering high-quality, safe roads. Implementing toll rates that are fair and non-exploitative. Blacklisting contractors who fail to meet quality standards. Pothole-Free Roads Initiative Cost Outlay: ?861 crore for repairing 22,299 km of roads in the R&B network. Progress: Potholes filled on 1,991 km. 1,447 km deemed beyond repair, requiring complete rebuilding at a cost of ?581 crore. Deadline: All works targeted for completion by Sankranti festival. Benefits and Outlook The PPP model, successfully used for national highways, is expected to boost state highway infrastructure by leveraging private sector efficiency and investment. This initiative aims to enhance:

Connectivity and road safety. Economic activity, especially in rural and semi-urban areas. Public convenience, through exemptions for everyday and agricultural vehicles. The initiative reflects the government’s focus on sustainable infrastructure while safeguarding public interests.

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..