MoRTH Approves Rs.1,255.59 Crore Patiala Bypass Project

21 Oct 2024 CW Team

The Ministry of Road Transport and Highways (MoRTH) has approved the construction of a new bypass around Patiala, Punjab, with an investment of Rs.1,255.59 crore. This project aims to enhance regional connectivity and ease traffic congestion in the area.

The Northern Patiala Bypass will provide an efficient alternative route for vehicles traveling to and from the city, significantly reducing transit times and improving road safety. By diverting traffic away from the urban center, the bypass will alleviate congestion on existing roads, benefiting both local residents and commuters.

This infrastructure initiative aligns with the government's vision of improving national highways and facilitating smoother transportation across states. The project is expected to support local economic development by providing better access to markets and services, ultimately contributing to the region's growth.

In addition to improving connectivity, the Patiala Bypass is designed to include modern features that promote road safety and sustainability. Environmental considerations will be integrated into the project, ensuring that the construction and operation of the bypass minimize ecological impacts.

As the project progresses, stakeholders will closely monitor its implementation to ensure timely completion and adherence to quality standards. This upgrade is anticipated to provide significant long-term benefits, transforming Patiala's transportation landscape and enhancing the overall quality of life for its residents.

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..