Karnataka Approves Bengaluru's First Tunnel Road Project

28 Aug 2024 CW Team

The Karnataka Cabinet has approved Bengaluru’s first tunnel road project, marking a significant milestone in the city’s infrastructure development. The project aims to alleviate traffic congestion and enhance urban mobility by introducing a new tunnel road that will streamline transportation through key areas.

This ambitious project is set to transform Bengaluru’s road network by providing a modern, efficient solution to the city’s traffic challenges. The tunnel road will not only improve travel times but also reduce surface traffic, leading to decreased pollution and a smoother commuting experience for residents.

The approval comes as part of a broader effort to modernize Bengaluru’s infrastructure and address the growing demands of its expanding population. The tunnel road is expected to become a critical component in the city's transportation system, offering a reliable route that bypasses congested areas.

With this project, Karnataka aims to set a precedent for future infrastructure initiatives, demonstrating a commitment to innovative solutions for urban development. The tunnel road is anticipated to be a key asset in enhancing Bengaluru’s connectivity and supporting its economic growth.

In summary, the Karnataka Cabinet’s approval of Bengaluru’s first tunnel road project represents a significant advancement in the city's infrastructure strategy. It promises to deliver improved traffic management, reduced congestion, and a modernized urban transportation network.

Building Material

12 Sep 2025

Trishakti Industries Secures Major Tata Steel Order

Trishakti Industries Limited has secured a significant order from Tata Steel Ltd for the deployment of advanced machinery and skilled manpower at one of the steel major’s flagship project sites.The contract, awarded domestically, involves the hiring of machines along with manpower, with execution set to be completed by 20th September 2025. The initial contract period is 12 months. The total fresh capital expenditure for the project is approximately Rs 1.5 million, while the overall contract value is expected to exceed Rs 5 million inclusive of taxes.This order marks a reinforcement of top-ti..

Kalpataru Projects Secures Rs 27.2 Billion in New Orders

Kalpataru Projects International Limited (KPIL), a leading EPC player in the power transmission and distribution (T&D) and civil infrastructure sector, along with its international subsidiaries, has received new orders and notifications for projects worth approximately Rs 27.2 billion.The projects include:Power Transmission & Distribution (T&D) initiatives in India and overseas.Buildings and Factories (B&F) projects in India.Manish Mohnot, MD & CEO of KPIL, said, “We are delighted with the strong ordering momentum in our T&D and B&F businesses. The orders include ..

ACME Solar Secures Rs 38.92 Billion Financing for Barmer Project

ACME Solar Holdings rose 2.05 per cent to Rs 308.50 after its wholly owned subsidiary, ACME Venus Urja, secured long-term project financing of Rs 38.92 billion from the State Bank of India (SBI).The funds will be utilised for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project in Barmer, Rajasthan. The loan repayment is structured over 19 years.The Barmer-based FDRE project is contracted with NHPC at a tariff of Rs 4.64 per unit. It will integrate solar power generation with a Battery Energy Storage System (BESS) to ensure higher reliability and d..