DMRC Seeks ?6,200 Crore Budget

14 Oct 2024 CW Team

The Delhi Metro Rail Corporation (DMRC) has requested over ?6,200 crore in its revised budget for the financial year 2024-25. This substantial funding is aimed at bolstering the urban transportation infrastructure in the National Capital Region, addressing the growing demands of commuters, and enhancing overall operational efficiency.

The proposed budget will primarily focus on expanding the metro network, upgrading existing lines, and incorporating modern technologies to improve passenger services. The DMRC aims to enhance connectivity in key areas of Delhi and the surrounding regions, thereby reducing traffic congestion and promoting the use of public transportation.

Investing in the metro system is crucial, especially as Delhi continues to witness rapid urbanization. The additional funds are expected to facilitate the completion of ongoing projects and initiate new ones, ultimately contributing to a more sustainable urban transport ecosystem. Enhanced metro services are vital for alleviating pressure on roadways and reducing carbon emissions, aligning with the government's vision for a greener future.

In addition to expansion, the DMRC is committed to upgrading safety measures and implementing advanced systems for crowd management. These improvements aim to provide a seamless travel experience for commuters, ensuring their safety and comfort while using the metro services.

The request for the revised budget reflects the DMRC's proactive approach in planning for future demands and challenges in urban transportation. As the city grows, the focus on expanding and modernizing the metro network will be essential in supporting the mobility needs of Delhi's residents. The successful allocation of funds will mark a significant milestone in achieving a world-class metro system that meets the expectations of the city’s population.

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..