New tender floated for Mandiri drain work

16 Feb 2023 CW Team

This new two-lane road will connect Patna's Bailey Road on one side and the Danapur-Gandhi Maidan road near the Siddeshwari Kali temple on the other once it is finished. On one side, this road begins opposite the planetarium and ends near the Kali temple on the other. Not only will it reduce traffic congestion, but it will also help clear the drains of waste, which are currently jammed. Currently, commuters are also at risk from the open drain, and several accidents have also occurred.

According to sources, the ongoing construction work was stopped last year due to the agency that won the contract delaying project completion. A new tender has now been put out, and the deadline to submit it is February 23. A source stated, "The previous agency had completed nearly 7 per cent of the work. Once the agency is selected after going through the bidding process, it will be given 12 months to complete the project from the date the contract is awarded." The two-lane road will have a length of more than 12 km as part of this upcoming project. This road will be constructed using a double-barreled RCC box that can be opened from the top to clean the drain. Along the new two-lane road on the drain, there will also be a service lane and a number of other amenities like benches and trash cans, landscaping, a green area, and street lights. The estimated cost of the project as a whole is around Rs 905.50 million.. Chief minister Nitish Kumar laid the groundwork for the upcoming two-lane road on the Mandiri drain in December 2021.

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..