Telangana Plans Rs 1.75 Trillion Road Network Upgrade

14 Aug 2025 CW Team

The Telangana government has launched an ambitious programme to develop around 13,000 km of road network across the state. Of this, 7,947 km will be built through 17 packages under the Panchayat Raj Department, while the Roads and Buildings Department will develop another 5,190 km through an equal number of packages.

Deputy Chief Minister Mallu Bhatti Vikramarka said tenders for the projects, already approved by the State Cabinet, would be called shortly to enable early commencement of work. Addressing a meeting on Hybrid Annuity Model (HAM) road projects on Tuesday, he urged contractors to be partners in the state’s “Telangana Rising” initiative and assured that opportunities would also be extended to small contractors. A meeting with bankers is planned to facilitate financial support for them.

Bhatti Vikramarka criticised the previous BRS government for leaving unpaid arrears of Rs 450 billion for development works, adding that it had committed to projects worth Rs 1.75 trillion but failed to clear dues for works valued at Rs 450 billion. This, he said, has created a financial burden on the current administration. He emphasised that the government, led by Chief Minister A Revanth Reddy, is focused on welfare schemes alongside infrastructure, industry, education, and healthcare development.

Highlighting the need to convert certain roads into four-lane corridors to meet traffic demands, he directed officials to prepare a list for Cabinet consideration. Under the HAM model, the government will contribute 40 per cent of the required funds and is working on plans to raise the remaining resources.

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..