BMRC, DMRC tie-up for first phase of city rail

23 Nov 2023 CW Team

The Bhubaneswar Metro Rail Corporation (BMRC) signed an agreement with Delhi Metro Rail Corporation (DMRC) for construction of the first phase of Bhubaneswar Metro rail project from the Biju Patnaik International Airport to Trisulia Square in Cuttack.

As per the memorandum of understanding, DMRC will work as a turn-key consultant for the 26-km long project touching key landmarks such as Capital Hospital, Rajmahal Square, Jaydev Vihar and Patia.

It is expected to be completed in four years. The MoU was signed between BMRC chief executive officer Siba Prasad Samantary and DMRC director Pramit Kumar Garg with chief minister Naveen Patnaik present through video link.

?We are now poised to transform the transportation landscape in the capital region. This is a flagship programme under the 5T initiative of my government that will also symbolise the emergence of a new Odisha,? a government statement quoting Naveen said. Naveen said the Rs 6,255 crore project with 20 stations is the single largest investment to be made in any infrastructure project in the history of the state. The entire cost will be borne by the state government, he said.

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..