AP Chambers Seeks Fourth Line on Key Rail Route

05 Jun 2025 CW Team

The Andhra Pradesh Chambers of Commerce and Industry Federation (AP Chambers) has appealed to Indian Railways to approve the quadrupling of the Duvvada–Nidadavole railway line to strengthen freight capacity and support industrial expansion in the region.

In a letter to Narendra A. Patil, Divisional Railway Manager of the Vijayawada Division, AP Chambers president Potluri Bhaskara Rao and general secretary B. Raja Sekhar underlined the strategic role of Duvvada Station in Visakhapatnam, which services major industrial hubs such as the SEZ, Med Tech Zone, Vizag Steel Plant, Bulk Drug Park, and various manufacturing zones.

The proposed ArcelorMittal-Nippon Steel Plant in Anakapalli, along with robust agricultural and industrial operations across the Duvvada–Nidadavole corridor, further underscore the route's importance. The area also acts as an aqua and agricultural hub, exporting produce such as coconut, palm, and paddy.

Bhaskara Rao emphasised that infrastructure projects like the upcoming Petrochemical Complexes in Kakinada, the Multi-Modal Logistics Park (MMLP) in Duvvada–Anakapalli, and regional refineries necessitate a fourth rail line. “This new line could function as a Dedicated Freight Corridor, allowing faster, safer, and more cost-effective transport than roadways,” he noted.

He added that boosting cargo-handling capacity would significantly enhance freight throughput and generate increased revenue for the Vijayawada Division, positioning it as a logistics and industrial gateway for Andhra Pradesh.

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..