Central govt focusing on improving mass transportation: PM Modi

10 Mar 2022 CW Team

After inaugurating Pune metro rail in Maharashtra, PM Narendra Modi said that the central government is focusing on improving mass transportation, including metro rail connectivity.

The overall cost of the Pune metro project is over Rs 11,400 crore. PM Modi had laid the foundation stone for the project on 24 December 2016.

PM Modi was addressing a public meeting at the MIT College after launching and laying the foundation stone of several development projects in the city.

He said that the inauguration of the Pune metro project shows and sends a message that projects can be completed on time and appealed to people to use metro trains for travelling.

He added that urbanisation is taking place at a fast pace across the country. The country's urban population will cross the 60 crore mark by 2030.

The increasing population brings a lot of opportunities but challenges too. Moreover, the government is giving more importance to improving mass transportation and metro rail connectivity across all cities.

PM Modi had inaugurated the Pune metro rail project and took a ride on the train after buying a ticket from a kiosk.

The inauguration ceremony of the 12 km long stretch of the total 32.2 km project took place at the Garware metro station. PM Modi had flagged off the metro project and proceeded to take the metro ride to the Anandnagar station.

The 12 km long route was inaugurated, which includes two priority stretches, Garware College to Vanaz and Pimpri Chinchwad Municipal Corporation to Phugewadi on two metro lines.

Image Source

Also read: Maha Metro to develop Detailed Project Report for Pune metro

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..