MMRCL Proposes Metro Line 11 from Anik to Gateway

17 Jul 2025 CW Team

As Mumbai awaits the full operation of the 33.5km Aqua Line 3, the Mumbai Metro Rail Corporation Limited (MMRCL) has proposed a new underground corridor—Metro Line 11—stretching 17.5km from Anik Depot to the Gateway of India. The proposal has been submitted to the Maharashtra government and will move to the Union Urban Development Ministry following state clearance.

Metro Line 11 is designed to decongest the densely populated areas of South Mumbai. It will feature 13 stations, of which 12 will be underground and one—Anik Depot—at ground level. The plan includes a new depot at the 16-hectare Anik–Pratiksha Nagar BEST bus depot, enabling smoother metro-bus integration.

Of the 13 stations, eight will be constructed using the cut-and-cover technique, while the rest will employ the New Austrian Tunnelling Method, which leverages the natural stability of surrounding rock formations.

This line will integrate with existing and upcoming public transport systems including Metro Line 4 (Wadala–Kasarvadavli), Aqua Line 3, the Monorail, and key suburban railway stations such as Byculla and CSMT, enhancing connectivity across the city.

By 2031, the line is projected to handle 580,000 daily passengers, rising to over 860,000 by 2041. Construction timelines and bidding details will be announced once approvals are secured from both state and central authorities.

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..