Strong Bid Response for Bhubaneswar Ring Road

11 Feb 2026 CW Team

"National Highways Authority of India (NHAI) has received a strong response from bidders for the 111 km six-lane Access Controlled Greenfield Capital Region Ring Road (Bhubaneswar Bypass) project in Odisha.

Bids were invited in three packages under the Hybrid Annuity Mode (HAM). Package I received 23 bids, Package II drew 25 bids, and Package III attracted 16 bids, reflecting robust competition across all sections. The contracts are expected to be awarded by March 2026, with construction scheduled for completion within 2.5 years from award.

The project, approved by the Union Cabinet, involves development of a 111 km ring road from Rameshwar to Tangi at an estimated capital cost of Rs 83.07 billion. Approximately 96 per cent of land acquisition has been completed, along with forest, wildlife and environmental clearances.

The Capital Region Ring Road is designed to ease congestion in Bhubaneswar, Cuttack and Khordha, while enhancing regional mobility. The access-controlled corridor is expected to reduce logistics costs, improve travel safety and speed, generate employment and support long-term economic growth across the region."

Infrastructure Urban

10 Apr 2026

Güntner Showcases Cooling Tech at China Expo

Güntner showcased its latest refrigeration and air conditioning innovations at China Refrigeration 2026, highlighting digital intelligence and carbon-neutral solutions.The company presented its aicore™ Controls and IoT platform, designed to optimise energy consumption, enable remote monitoring and enhance lifecycle management of cooling systems. The solution integrates advanced controllers and cloud-based capabilities to improve operational efficiency and reduce energy use.Güntner also demonstrated advancements in heat pump technologies, including its role in projects such as the Ordos Zer..

Superb Realty Ties Up with Praan for AI Air Tech

Superb Realty has partnered with Praan to deploy AI-powered autonomous air infrastructure across over one million sq ft of real estate in Mumbai, marking a significant move towards intelligent indoor environments.The rollout will begin at Superb Altura and expand across upcoming residential and mixed-use developments. The initiative aims to integrate real-time sensing, adaptive purification and AI-led optimisation to improve indoor air quality and occupant experience.Praan’s technology is designed to remove ultrafine particles significantly smaller than conventional systems and eliminate har..

DAAKit Raises $138,000 in Pre-Seed Round

DAAKit has raised $138,000 in a pre-seed funding round led by Inflection Point Ventures to expand its hyperlocal fulfilment network and strengthen technology capabilities.The company plans to use the funds to launch 25 new dark stores across Tier I and Tier II cities, enhance its technology infrastructure, and expand its leadership and operations teams. Currently operational in Delhi, Gurugram, Mumbai, Bengaluru and Kolkata, DAAKit is also piloting expansion into Tier II markets through Lucknow.Built on an asset-light, technology-driven model, the platform enables brands to position inventory ..