RSRDC to Expand Operations Nationwide Across India

05 Dec 2024 CW Team

The Rajasthan State Road Development Corporation (RSRDC), a subsidiary of the state PWD, is preparing to expand its operations beyond Rajasthan by participating in bids and constructing projects in other states. This move follows the approval of a resolution at the corporation's 127th Board meeting, allowing RSRDC to act as a contractor for projects outside the state.

In an interview with TOI, RSRDC's Managing Director, Sunil Singh, stated that this strategic decision is aimed at generating additional revenue for the state government. RSRDC plans to engage in bids and undertake construction of various structures, including roads, bridges, underpasses, railway over bridges (ROBs), and buildings. However, he mentioned that it would take some time before the department starts participating in projects outside Rajasthan. He explained that the corporation would first establish a dedicated cell for this purpose, consisting of officials such as procurement officers, engineers, and others.

A senior official from the Public Works Department noted that RSRDC had previously executed construction projects in New Delhi for NTPC and in Panchkula, Haryana. Singh further elaborated that in the past, the corporation was not well-organized to undertake projects outside Rajasthan, leading to its decision to cease participation in tenders and projects in other states over time.

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..