Nitish Launches 76 Development Projects in Muzaffarpur

09 Jan 2025 CW Team

Chief Minister Nitish Kumar inaugurated 76 development projects valued at Rs 4.51 billion in Muzaffarpur district, marking the second phase of his Pragati Yatra. Among the major announcements, Kumar revealed plans for a ring road in the eastern part of Muzaffarpur, two new road overbridges (RoBs) at the Gobasahi and Ramdayalu Nagar rail crossings, and the widening of several roads to ease traffic congestion in the district’s divisional headquarters.

Kumar first reviewed the proposed high-level bridge over the Bagmati river, alongside the Garha (NH-57)-Hathauri-Atarar-Bawangama-Aurai road project in Muzaffarpur. The 21km road, including the 3.35km high-level bridge, will cost Rs 814 crore. He also examined the site for the widening of the Muzaffarpur-Barauni section of NH-122 (old NH-28).

The CM further inspected the proposed ring road near Dighra Rampur village in the east. The 4.45km stretch from Madhoul to Dighra and the 12.55km stretch from Dighra to Bakhri will connect Madhoul (new NH-22) to Bakhri (new NH-27). This ring road will provide smoother travel for vehicles coming from Darbhanga, Sitamarhi, Sheohar, Motihari, and other regions, reducing congestion in Muzaffarpur’s urban area.

Additional Chief Secretary of the Road Construction Department, Mihir Kumar Singh, briefed the CM on the ongoing and proposed road and bridge projects in Muzaffarpur. Kumar urged the officials to expedite the construction of the proposed roads and bridges, ensuring their timely completion. "Once these roads and bridges are completed, commuting will become more efficient, saving time and reducing traffic congestion," he remarked. The CM also inaugurated the newly constructed 'Panchayat Sarkar Bhawan' at Binda village, Narouli gram panchayat in the Musahari block of Muzaffarpur district.

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..