Madhya pradesh seek bids for construction of 6 lane flyover at Dewas Naka

23 May 2023 CW Team

The Madhya Pradesh Road Development Corporation Ltd., Bhopal (the “Authority”) is engaged in the development of State Highways and as part of this endeavour, the Authority has decided to undertake Construction of 6-lane flyover at Dewas Naka intersection in Indore city in the State of Madhya Pradesh through an Engineering, Procurement and Construction (the “EPC”) Contract.

A brief description of the project may be seen in the Information Memorandum of the Project at the website https://mptenders.gov.in/nicgep/app. Brief particulars of the Project are as follows:

A Bidder is required to submit along with its bid, a Bid Security in online mode only and of amount equal to Rs. 0.79 Cr (Rs. Seventy - nine lakh) and cost of Bid Document of amount INR 50,000/- (INR Fifty Thousand only).

The tender seeks civil works of Rs 78,98,00,000 to be completed in 540 days. As per the tender, the bid validity will be 120 days, and it will be an open bidding process. The bid submission period will start on June 12, 2023 and will end on June 19, 2023.

Detail tender document will be available on https://mptenders.gov.in/nicgep/app

A Pre-Bid meeting shall take place at the following date, time, and place: HO MPRDC Bhopal

Date: 29-05-2023 Time: 3:30 PM

Essential details:

Project Estimated Value: ₹ 78,98,00,000
Product Category: Civil works – Bridges
Bid Validity (Days): 120
Period of Work: 540 days
Tender ID - 202

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..