Rs 581.95 billion allotted to enhance Bhubneshwar's infrastructural facilities

29 Jul 2024 CW Team

Urban infrastructure in the state is set for a significant enhancement as Chief Minister Mohan Majhi announced a capital outlay of Rs 581.95 billion, dedicated to improving the productivity and efficiency of infrastructural facilities.

The budget also includes an allocation of Rs 10 billion for the first phase of the Bhubaneswar Metro project. The previous BJD government had earmarked a similar amount for the project in its interim budget announced in February. The entire project is estimated to cost Rs 62.56 billion.

Additionally, the government has allocated Rs 6.06 billion under the Unnati scheme, aimed at establishing more smart cities across the state, equipped with digital infrastructure. "It also aims to bolster urban resilience to climate change and other challenges, ensuring sustainable development for future generations," Majhi said in his budget speech.

The government also emphasised the completion of the pending Capital Region Ring Road Project and the state's coastal highway project. Majhi affirmed that necessary assistance will be sought from the Centre for the successful completion of these projects.

"Once these projects are complete, traffic congestion in urban centers will be reduced, and new industrial clusters will emerge, ushering in a new era of development and substantial job creation," Majhi added.

(Source: TOI)

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..