PMC, MahaMetro hold review of DPR for Pune Metro Phase 2

29 Sep 2022 CW Team

The Maharashtra Metro Rail Corporation (MahaMetro) has held a detailed presentation before the Pune Municipal Corporation (PMC) for Pune Metro’s Phase 2, which would cover 200 km length.

PMC commissioner Vikram Kumar, Atul Gadgil, Director of Pune Metro, P K Acharya, advisor, Pune Metro, Shrinivas Bonala, Chief Engineer-Projects, PMC, and Hemant Sonawane, Executive Director (PR) were present for the meeting.

Sonawane said, “Pune Metro recently submitted the draft detailed project report (DPR) for the second phase to the municipal corporation. Metro and PMC officials held the primary discussion on Monday and will go for site visits for proposed metro sites in the coming weeks.”

Metro authorities are planning to make a 33-km stretch in Phase 1 operational by the end of March next year. In the second phase, MahaMetro plans to expand the metro rail to additional routes, which also includes Neo Metro on the proposed 43-km High Capacity Mass Transit Route (HCMTR) in Pune and 31 km in Pimpri-Chinchwad.

In Maharashtra, Neo Metro was first proposed in Nashik, though the project has not moved ahead much even on paper.

Under the second phase, circular connectivity has been proposed for the metro route so that citizens can move in any locality by metro, officials said.

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..