Odisha Plans Eight-lane Highways And New Infrastructure Projects

22 Apr 2026 CW Team

Rupee (Rs) funds were allocated when state authorities laid the foundation stone for the Barbil Bypass Ring Road Project, fulfilling a long-standing local demand. The bypass-cum-ring road will extend 18.326 kilometres and has been allocated Rs 15.81 bn in funding. The chief minister presided over the event and set out a broader infrastructure agenda.

The government inaugurated 24 completed projects worth Rs 294.1 mn and commenced 51 others valued at Rs 3.26 bn, and announced plans for a new electrical substation costing Rs 2.98 bn to serve the Joda, Basudevpur and Barbil areas. Officials said the moves aim to improve connectivity for mining belts and strengthen local services. The projects span roads, power and training facilities.

The administration has directed the district to accelerate development of an eight-lane Barbil-Paradip road and intends to convert all roads leading to mining areas into eight-lane highways. In addition, a Rs 16.47 bn grid substation for Keonjhar has cabinet approval and is scheduled for completion within three years to supply industry and households. Plans to establish a mega steel plant in Keonjhar are advancing and the foundation stone is expected to be laid soon.

The chief minister offered full administrative support to any industrial house investing more than Rs 100 bn and generating employment for over 10,000 youths in Keonjhar. The Barbil Industrial Training Institute will be developed as a centre of excellence to showcase youth skills. The state government reaffirmed its objective of building a prosperous Odisha by 2036 and welcomed measures intended to strengthen economic inclusion, while noting a 33 per cent reservation for women at the national level. Officials described the plan as transformative.

Real Estate

26 Jun 2026

Platinum Corp Launches Bespoke Presidential Suites

Platinum Corp has launched Platinum Stellar: Bespoke Presidential Suites, a luxury residential project on Main Avenue in Santacruz, Mumbai. The project has been positioned as a boutique, design-led development for high-net-worth individuals, business owners and legacy residents from the Bandra-Khar-Santacruz belt.The project has been developed in collaboration with celebrity interior designer Sussanne Khan and follows a design-first approach inspired by Art Deco architecture. It incorporates refined detailing, spacious layouts, premium material palettes and arrival experiences planned to creat..

Adani Airport City Plans Rs 200 Bn Investment

Adani Airport City Limited (AACL), a wholly owned subsidiary of Adani Airport Holdings Limited (AAHL), has announced a programme to develop integrated airport cities across its airport network. The first phase will involve an investment of more than Rs 20,000 crore and cover around 22 million sq ft across Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati.The development spans over 655 acres across six airports in five states. Nearly 440 acres are located in Mumbai and Navi Mumbai, which will receive close to 70 per cent of the planned investment. The focus reflects the Mumbai Metrop..

Vedanta contributes Rs 627.22 billion to exchequer

Vedanta Limited contributed Rs 627.22 billion to the exchequer in FY26, according to its 11th Tax Transparency Report. The contribution accounted for 36 per cent of the company’s consolidated revenue from operations and reflected its focus on transparent governance, fiscal discipline and nation-building.The FY26 contribution marked a 13.3 per cent increase over the previous year. Vedanta’s cumulative contribution to the exchequer over the past decade reached Rs 4.83 trillion. The company said the Group ranks among India’s top three private-sector contributors to the national exchequer.Th..