BMRC sets deadline to complete metro work by 2027

11 Nov 2024 CW Team

Bhubaneswar Metro Rail Corporation (BMRC) has set an ambitious deadline to complete the city's metro rail infrastructure by the end of 2027. The first phase of the metro project, estimated at Rs 6,255.94 crore, will cover 26 km with 20 stations, catering to key areas like educational institutions, hospitals, and commercial complexes.

Soil testing for elevated tracks and station construction is already underway, while work on the metro maintenance depot and control center at Ratagada Lenkasahi has commenced. The command and control center, costing Rs 300 crore, will include both construction and equipment installations.

BMRC CEO Kalyan Pattnaik confirmed that the elevated track construction will begin in April 2024, and the infrastructure is expected to be ready by December 2027, barring unforeseen delays. Construction for precast structures is ongoing at a casting yard in Malipada.

The Delhi Metro Rail Corporation (DMRC) is overseeing the project, with contracts awarded for the first phase stretches to Ranjit Buildcon Ltd and Ceigall India Ltd. The metro will feature elevated tracks that cross major flyovers, with metro stations at least 13 meters above ground.

Initial tenders have been floated for 13 metro trains with three coaches each. The metro service will connect Bhubaneswar airport to Trisulia, with extensions planned to Cuttack, Khurda, and Puri.

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..