Delhi L-G Approves Tree Removal for Nand Nagri Flyover Project

06 Jun 2025 CW Team

Lieutenant Governor VK Saxena has approved the transplantation and felling of 27 trees, clearing the final hurdle for the long-awaited flyover project at the Nand Nagri–Gagan Cinema junction in North East Delhi. This approval is expected to significantly ease traffic congestion and enhance connectivity in the area.

The proposal, already sanctioned by the Environment Department, Chief Secretary, Environment Minister, and Delhi Chief Minister Rekha Gupta, covers a 2.16-hectare stretch along Mangal Pandey Marg designated for the flyover’s construction.

The Public Works Department (PWD), responsible for executing the project, had formally requested exemption under Section 29 of the Delhi Preservation of Trees Act (DPTA), 1994, to allow for tree removal.

Compensatory transplantation and afforestation will be carried out according to regulatory norms to offset the removal of the 27 trees. The Department of Forest and Wildlife had submitted a detailed proposal, which received approval after review by the Central Empowered Committee (CEC), in compliance with a Supreme Court order dated 19 December 2024.

The flyover project will include the construction of an elevated corridor, footpaths, upgraded road infrastructure, signage, electrical systems, drainage networks, and rainwater harvesting facilities. The project will be implemented under the Engineering, Procurement and Construction (EPC) model to ensure efficient and accountable delivery.

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..