Tamil Nadu Clears Rs 80 Billion Plan To Upgrade 20,000 km Rural Roads

02 Jul 2025 CW Team

The Tamil Nadu Cabinet has sanctioned Rs 80 billion for the Mudalvarin Grama Saalaigal Membattu Thittam, a programme to rebuild 20,000 km of rural roads. Since the scheme’s launch in 2022 23, 12,572 km across 9,690 schemes have been finished at a cost of Rs 46.09 billion. A further 6,671 km are under construction for Rs 35.29 billion.

Parallel investment under the Kalaignarin Kanavu Illam initiative aims to make the state hut free by 2030. The government has set aside Rs 70 billion to build 200,000 houses within two years; 72,081 units are complete and the remainder are progressing. Beneficiaries can access bank loans of up to Rs 1 million for added support.

For older government built homes dating from before 2000 01, Rs 10.41 billion has been earmarked in 2024 25 to renovate 148,000 dwellings.

Road upgrades continue under the Pradhan Mantri Gram Sadak Yojana, where Tamil Nadu is improving 947 roads and 83 bridges totalling 4,182 km at an estimated Rs 30.61 billion, funded 60 per cent by the Centre and 40 per cent by the state. Another 283 roads and 308 bridges spanning more than 500 km have been delivered through the NABARD Rural Infrastructure Development Fund for Rs 11.82 billion.

Additional rural works include Rs 2.61 billion to refurbish Periyar Memorial Samathuvarpurams and Rs 42.77 billion for development projects in 10,187 village panchayats under the Anaithu Grama Anna Marumalarchi Thittam.

Collectively, these initiatives are expected to create about 0.84 million direct and 1.045 million indirect person days of employment while improving mobility, housing, tourism and livelihoods across Tamil Nadu.

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..