Gadkari initiates Rs 100 bn, 10 NH projects in UP's Jaunpur

06 Mar 2024 CW Team

Union Minister for Road Transport & Highways, Nitin Gadkari, laid the foundation stone for 10 national highway projects in Jaunpur, Uttar Pradesh. The projects, estimated to cost Rs 100 billion, were inaugurated with the aim of enhancing the region's infrastructure.

During the ceremony, Gadkari conveyed that the construction of two bypasses in Jaunpur city and the ring road would be completed. He emphasized that these developments were crucial to relieving Jaunpur from traffic congestion and fostering industrial growth.

Gadkari highlighted the substantial progress made by the Ministry of Road Transport and Highways under the PM Gatishakti National Master Plan. This plan is dedicated to enhancing multi-modal connectivity and last-mile connectivity throughout the country. He specifically mentioned the Prayagraj-Dohrighat Corridor Project, situated in Prayagraj, Jaunpur, and Azamgarh districts of Uttar Pradesh. The corridor, consisting of four lanes, is divided into four packages.

Gadkari explained that this ambitious project would connect the Purvanchal Expressway, 11 national highways, two state highways, five railway stations, and two airports. Upon completion, the corridor would alleviate traffic issues in five crucial commercial cities: Phulpur, Mungarabadpur, Machhilishahr, Jaunpur, and Azamgarh. Additionally, the project aimed to establish seamless connectivity, leading to significant economic benefits and increased employment opportunities for consumers, farmers, youth, and business people.

The event was attended by State Minister Girish Chandra Yadav, Minister Dayashankar Singh, Members of Parliament Seema Dwivedi and Pushpraj Singh, as well as various MLAs and officials.

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..