Cabinet approves phase 2 of Ahmedabad Metro Rail project

25 Feb 2019 CW Team

The Union Cabinet has reportedly approved phase 2 of the Ahmedabad Metro Rail, which is expected to comprise two corridors. The two corridors will be reportedly covering a distance of 28.254 km in total.

The 28.254 km will include 22.838 km-long corridor one from Motera Stadium to Mahatma Mandir, and 5.416 km-long corridor two from GNLU to GIFT City. The phase 2 project of Ahmedabad Metro Rail is expected to be completed at a cost of Rs 53.8417 billion.

The phase 2 of Ahmedabad Metro Rail is expected to enhance the connectivity between Ahmedabad and Gandhinagar. The projects will reportedly involve integration with other urban transport systems in an effective and efficient manner by adopting innovative methods of designing, technology as well as institutional management.

In the following month, Prime Minister Modi is expected to inaugurate the phase 1 project of Ahmedabad Metro Rail. The Ahmedabad Metro Rail phase 1 project is around 40.03 km in total, of which 6.5 km is underground, while the remaining stretch is elevated. With the commencement of this project, four corners of the Ahmedabad will be connected with two corridors, covering 32 metro stations in total. The two corridors of phase 1 include 18.87 km long North-South corridor, covering 15 elevated stations and 21.16 km-long East-West corridor, covering four underground and 13 elevated stations.

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..