Funding for national highway projects in Karnataka announced

10 Feb 2023 CW Team

In addition, Gadkari announced a budget of Rs 9570.90 million for the EPC model widening of the NH-548B Murrum (Maharashtra border) to IB circle (Vijayapura) section in Kalaburgi and Vijayapura district to two lanes with paved shoulders. A budget of Rs. 3339.60 million was also approved by Gadkari for the construction of an EPC-based NH(O) bypass at Kukunoor, Yelburga, Gajendragad of the Bhanapur Gaddanakeri section of NH-367 in the Koppal district, and Gadag. In addition, he provided Rs. 445,6.2 million for the expansion of the NH-367 section in the district of Bagalkot from Bhanapur to Gaddanakeri to two lanes with paved shoulders from Sarjapur to Pattadakal.

In addition, the Union minister announced the approval of a budget of Rs 909,8.60 million for the construction of access-controlled four lanes with paved shoulders from Mysore to the Kushalnagar section of NH-275 near Guddehosur at the beginning of the Kushalnagar bypass in the Mysore district. In addition, with a budget of Rs 739,3.90 million, the minister announced the construction of access-controlled four lanes with paved shoulders on the Mysore-Kushalnagar section of NH-275 near the Yelawala-KR Nagar road junction to the Srirangapatna bypass in Mysore district.

Basavaraj Bommai, the chief minister, expressed gratitude to the minister for approving the project's funding. Pratap Simha, the MP for Mysuru-Kodagu, had previously made a number of requests to the Union Finance Ministry for funding for the Mysuru-Kushalnagar highway, which was estimated to cost Rs 400,00 million. The Karnataka Rajya Raitha Sangha (KRRS), on the other hand, voiced strong opposition to the 93-kilometer national highway, questioning Simha's "self-interest" in the undertaking. Additionally, it raised concerns regarding the project's land acquisition procedure.

Nitin Gadkari, the Union minister of Road Transport and Highways, announced grants for a number of national highway projects in Karnataka, which goes to the polls before May of this year. Gadkari approved the engineering, procurement, and construction (EPC) model for widening the two lanes of the Kanamadi-Bijjaragi-Tikota section of NH-166E (the border between Maharashtra and Karnataka) using Rs 196,0.5 million. In addition, Gadkari announced a budget of Rs 9570.90 million for the EPC model widening of the NH-548B Murrum (Maharashtra border) to IB circle (Vijayapura) section in Kalaburgi and Vijayapura district to two lanes with paved shoulders. A budget of Rs. 3339.60 million was also approved by Gadkari for the construction of an EPC-based NH(O) bypass at Kukunoor, Yelburga, Gajendragad of the Bhanapur Gaddanakeri section of NH-367 in the Koppal district, and Gadag. In addition, he provided Rs. 445,6.2 million for the expansion of the NH-367 section in the district of Bagalkot from Bhanapur to Gaddanakeri to two lanes with paved shoulders from Sarjapur to Pattadakal. In addition, the Union minister announced the approval of a budget of Rs 909,8.60 million for the construction of access-controlled four lanes with paved shoulders from Mysore to the Kushalnagar section of NH-275 near Guddehosur at the beginning of the Kushalnagar bypass in the Mysore district. In addition, with a budget of Rs 739,3.90 million, the minister announced the construction of access-controlled four lanes with paved shoulders on the Mysore-Kushalnagar section of NH-275 near the Yelawala-KR Nagar road junction to the Srirangapatna bypass in Mysore district. Basavaraj Bommai, the chief minister, expressed gratitude to the minister for approving the project's funding. Pratap Simha, the MP for Mysuru-Kodagu, had previously made a number of requests to the Union Finance Ministry for funding for the Mysuru-Kushalnagar highway, which was estimated to cost Rs 400,00 million. The Karnataka Rajya Raitha Sangha (KRRS), on the other hand, voiced strong opposition to the 93-kilometer national highway, questioning Simha's self-interest in the undertaking. Additionally, it raised concerns regarding the project's land acquisition procedure.

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..

Infrastructure Energy

05 Nov 2025

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..

Infrastructure Urban

05 Nov 2025

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..