Lko Green Corridor Project Pillar Installation Begins

10 Jan 2025 CW Team

The Lucknow Development Authority (LDA) announced that it will begin installing pillars for the construction of a 5.8 km-long dam and a 4-lane road under the Green Corridor Project (Part-3). The project aims to connect Pipra Ghat to Shaheed Path, thereby improving connectivity and addressing waterlogging issues.

A joint team of LDA and Army officials, led by Colonel Shrikanth Govind Kumar, conducted a site survey to finalise land markings. The Ministry of Defence has already approved the use of 21.81 hectares of Army land for this project.

The dam and road will pass through 2.8 km of Army land in the Cantonment area, establishing a direct link between the Cantonment and the airport. The project is designed to ease travel for Army personnel, residents, and civilians while mitigating rain-induced waterlogging in the area, according to an LDA release.

LDA chairman Prathamesh Kumar confirmed that the project had received approval following a meeting with the joint secretary (land and works) of the Defence Ministry in Delhi. He mentioned that pillar installation would be completed within a week, after which construction would commence.

In response to concerns about dividing Army land, the LDA plans to construct three underpasses or rotaries to ensure smooth internal movement within the cantonment.

LDA additional secretary Gyanendra Verma stated that these structures would maintain connectivity and security. He also highlighted that the 5.8 km-long flood embankment would be built along the right bank of the Gomti River, offering a permanent solution to waterlogging. The project is expected to improve infrastructure, connectivity, and the quality of life for local residents while addressing long-standing issues.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..