Odisha Govt Scraps Bhubaneswar Metro Tender Over Viability Issues

30 Jul 2025 CW Team

The Bhubaneswar Metro, a 26-km project connecting Bhubaneswar Airport to Trisulia near the Orissa High Court in Cuttack, was estimated at Rs 63 billion and envisioned to include 20 stations. The Delhi Metro Rail Corporation (DMRC) was engaged to implement the project, with tenders floated and groundwork initiated.

However, following the change in government, Housing and Urban Development Minister Krushna Chandra Mohapatra announced the cancellation of the tender, stating that “the metro project initiated by the previous government wouldn’t have been viable.”

He said an inter-ministerial committee has been formed to re-evaluate the project’s feasibility and submit a fresh proposal. The BJP-led administration also plans to work in coordination with the central government to ensure long-term sustainability and success.

Phase 1 was designed with elevated viaducts and was targeted for completion by 2027, with future extensions planned to Puri, Khurda, and Cuttack.

The cancellation has sparked criticism from former Chief Minister Naveen Patnaik, who said the "double-engine government has betrayed the people of Odisha by cancelling an important project like Metro Rail." In a post on X (formerly Twitter), Patnaik added, “It has always been our dream to develop #Bhubaneswar into a world-class city,” citing investments in sports infrastructure, international events, and the IT sector.

Real Estate

29 Sep 2025

Hiranandani Launches India’s Largest Coastal Township in Alibaug

Hiranandani Communities, led by Dr Niranjan Hiranandani, has launched Hiranandani Sands, India’s largest integrated coastal township, near Mumbai in Alibaug, with an estimated revenue of Rs 170 billion. Spanning 225 acre, the township is designed as Mumbai’s lifestyle extension hub, featuring luxury homes, signature villas, plotted developments, and branded serviced apartments. Residents will have private beachfront access and a jetty, alongside five hotels covering luxury, business, and leisure segments, a mega convention centre, eco-wellness hub, beachside entertainment, and a globa..

TDI City Kundli Relaunched with Rs 1 Billion Redevelopment Plan

TDI Infrastructure has announced a Rs 1 billion investment to redevelop and relaunch the 1,100-acre TDI City Kundli, positioning it as a natural and affordable alternative for residents of North and West Delhi. Situated just 30 minutes from Delhi via the newly operational UER-2, the township currently has around 7,000 plot owners and more than 5,000 apartments.“As part of the redevelopment, we are collaborating with Resident Welfare Associations (RWAs) to upgrade 62 parks across 23 acres, improve internal roads, enhance the existing clubhouse, and commence a new second clubhouse to support r..

India Plans Rs 70 Billion Push for Shipbuilding and Ports

The Indian government is preparing a Rs 70 billion stimulus for the shipping sector, with the Union Cabinet expected to review three major schemes shortly, according to media reports. The initiative reflects India’s efforts to expand shipbuilding, port infrastructure, and maritime trade capacity in the coming years.Shares of leading shipbuilders such as Shipping Corporation of India (SCI), Garden Reach Shipbuilders & Engineers (GRSE), and Mazagon Dock Shipbuilders have already risen on expectations of government support.The plan centres on three key initiatives: a Rs 20 billion Shipbuild..