Hyderabad Metro Phase 2 Prioritizes Five Corridors Over 76.4 km

27 Nov 2024 CW Team

Hyderabad Metro’s Phase 2 expansion will cover 76.4 km across five corridors, down from the originally planned 116.4 km, with the proposed fourth-city connectivity of 40 km temporarily shelved. Hyderabad Airport Metro Limited (HAML) Managing Director NVS Reddy emphasized that the revised plan aligns with immediate urban mobility needs.

Key Highlights: Initial Corridors: The project will prioritize the 7.5-km Old City corridor expansion from MBGS to Chandrayangutta, with land acquisition and demolition works scheduled to begin by the end of 2024. Construction Innovations: The phase will adopt ‘double U’ girders for faster construction compared to phase 1's box girders. Double-Decker Flyover: Hyderabad’s first double-decker viaduct—a 1.6 km stretch near Madinaguda—will integrate Metro and road traffic solutions. Challenges: The northern corridor lacks the Union government’s 90% right-of-way requirement, delaying connectivity to Medchal.

Financial Model: The project transitions from a PPP model, which imposed a ?1,300 crore annual interest burden, to a joint-venture (JV) model with funds at 2% interest and a 40-year repayment window.

Once complete, the expansion is expected to serve eight lakh passengers daily, significantly boosting Hyderabad's urban mobility network.

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..