Centre Fast-Tracks Rs 111.50 Bn for 3 New Delhi Metro Corridors

12 Jun 2025 CW Team

The Central government has advanced plans for three new metro corridors in Delhi under the PM GatiShakti infrastructure framework, with a total proposed investment of approximately Rs 111.50 billion. The corridors include R K Ashram to Indraprastha, Aerocity to Terminal-1, and Tughlakabad to Kalindi Kunj.

Together spanning over 16 km, these projects have recently been reviewed by the National Planning Group and are expected to be placed before the Cabinet for approval.

Among the proposed routes, the R K Ashram to Indraprastha corridor will be the longest and fully underground, comprising nine stations. These will cover key points such as Indraprastha, Bharat Mandapam, Baroda House, India Gate (C-Hexagon), the new Common Central Secretariat buildings, Central Secretariat, Yuge Yugeen Bharat Museum, Shivaji Stadium, and R K Ashram Marg. This corridor is designed to create a circular link between the Green, Blue, and Janakpuri West–R K Ashram Marg lines, helping to ease congestion at major interchange stations like Rajiv Chowk.

The planned station at India Gate will improve direct access to the monument, reducing dependency on the Central Secretariat station and last-mile transport options. The corridor will also cater to ten major government office buildings being constructed along Kartavya Path, with two metro stations proposed within the area.

Additionally, a 2.3 km underground extension from Aerocity to Terminal-1 is planned, with one station. This extension aims to improve airport connectivity for localities such as Tughlakabad, Khanpur, Mehrauli, and Vasant Kunj, while also benefiting commuters from Faridabad through enhanced access via Tughlakabad.

News source: Swarajya

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..