Kolhapur civic body's road revamp proposal likely to be approved

13 Aug 2021 CW Team

The proposal of the Kolhapur Municipal Corporation (KMC) to revamp footpaths, drains and roads at the cost of Rs 179 crore is anticipated to get approval from the state urban development department on Wednesday.

Eknath Shinde, the Urban development minister, held a meeting with the senior officials on Tuesday to discuss the KMC proposal, but the meeting could not take place.

Rajesh Kshirsagar, Executive chairman of the state planning commission and Shiv Sena’s former Kolhapur city MLA, told the media that the meeting got postponed to Wednesday. He said that the proposal sent by KMC has recently received technical approval and that he wrote to the minister a few days ago to speed up the final approval process to grant the funds and that the roads, footpaths and drains are severely damaged from Kolhapur city because of floods and heavy rains. He said that the funds would help KMC rebuild the damaged roads.

Kshirsagar told the media that the share of the state towards the project is Rs 124.60 crore, and KMC will raise the remaining Rs 53.40 crore funds.

This will be the first big project with a significant outlay in recent years if sanctioned. The KMC has received Rs 25 crore to rebuild the damaged roads after the 2019 floods. Rs 15 crore had been approved by Shinde during his visit earlier this year.

Kshirsagar told the media that most of the roads that got damaged because of heavy rains had been listed in the project proposal, and the terms and conditions regarding the timeline for completion of the road rebuilding work will be fixed after getting approval from the government. He said that they are hopeful of completing the work in less than a year.

Image Source

Also read: KMDA to check structural condition of three bridges in Kolkata

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..