Mumbai Coastal Road Phase 1 Opening Faces Uncertainty

27 Feb 2024 CW Team

The anticipated opening of Mumbai's Coastal Road Phase 1 is shrouded in uncertainty, raising concerns about a potential delay in the completion of this crucial infrastructure project. Despite earlier expectations for a timely inauguration, the current situation points to challenges that may impact the scheduled opening date.

The Mumbai Coastal Road, a transformative project aimed at easing traffic congestion and enhancing coastal connectivity, has been closely watched for its potential to redefine the city's transportation landscape. However, the uncertainty surrounding the Phase 1 opening date adds a layer of complexity to the project's progress.

While the reasons for the potential delay remain unspecified, stakeholders and the public are keenly observing developments. The completion and opening of Phase 1 are critical milestones in the overall execution of the Coastal Road project, and any delay may have cascading effects on subsequent phases and the project's broader objectives.

As authorities work to address potential hurdles and ensure the project's successful delivery, the uncertainty surrounding the opening date emphasises the intricate nature of large-scale urban infrastructure initiatives. The Coastal Road Phase 1, once operational, is expected to bring substantial benefits to commuters and contribute to Mumbai's sustainable development.

Efforts are underway to navigate through the challenges, underscoring the significance of effective project management and stakeholder collaboration. The unfolding situation serves as a reminder of the complexities involved in executing ambitious urban infrastructure projects, highlighting the need for adaptive strategies to overcome unforeseen obstacles.

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..