MP govt approves Indore-Ujjain Metro rail project

22 Oct 2024 CW Team

Madhya Pradesh Chief Minister Mohan Yadav announced that the state government has granted in-principle approval for the Metro rail project connecting Indore and Ujjain, two key cities in the region. Additionally, a separate railway track will be laid to support the Rapid Rail project between the cities.

Yadav also confirmed ongoing efforts to strengthen all railway routes in Ujjain. The first phase of metro projects in Indore and Bhopal is currently under construction, with approvals granted for subsequent phases.

The state government has recently unveiled plans to create a new metropolitan city by merging sections of Indore, Ujjain, Dewas, and Dhar districts, aiming to transform the Malwa-Nimar region into a major economic hub. Indore, the commercial centre, will anchor the development, while Ujjain's historical trade significance, Dewas’s industrial potential, and Dhar’s agricultural strengths will contribute to the region’s growth.

After reviewing preparations for the 2028 Simhastha in Ujjain, Yadav announced the completion of the tender process for the six-lane Ujjain-Indore highway and stated that work on the Ujjain-Jaora Green Highway would commence soon.

He further outlined plans to develop Ujjain into a religious destination akin to Haridwar. This initiative includes upgrading facilities in ashrams and dharamshalas for saints and pilgrims, with additional projects such as medical and Ayurveda centres to be established with the support of devotees. (ET)

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..