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 Urban

07 Nov 2025

Hindustan Zinc Tops S&P Global Sustainability Rankings for Third Year

Hindustan Zinc, India’s only and the world’s largest integrated zinc producer and one of the top five global silver producers, has maintained its No. 1 global position in the Metals & Mining sector in the S&P Global Corporate Sustainability Assessment (CSA) 2025. As of 5 November 2025, the company earned an industry-leading score of 90, ranking first among 235 companies worldwide—its highest CSA score in five years and a continuation of its leadership for the third straight year.The S&P Global CSA is one of the world’s most respected ESG benchmarks, evaluating companies on ..

HCC Reports Rs 360.7 Million Net Profit for Q2 FY26

HCC E&C has reported a standalone turnover of Rs 9.57 billion and a net profit of Rs 360.7 million for Q2 FY26, compared to Rs 12.03 billion and 50.2 million, respectively, in Q2 FY25. As of September 30, 2025, the Company’s order book stood at Rs 131.52 billion. On a consolidated basis, HCC posted revenue of Rs 9.60 billion versus Rs 14.06 billion in the corresponding quarter last year; the figures are not comparable due to the divestment of Steiner AG in the previous fiscal. Consolidated profit for the quarter was Rs 470.8 million, compared to Rs 630.9 million in Q2 FY25.Financial High..

Carrier Japan’s USX Heat Pump Featured in WIPO’s Green Technology Book

Carrier Japan’s air-cooled modular chiller and heat pump series, Universal Smart X (USX), has been featured in the EXPO 2025 Special Edition of the Green Technology Book, published by the World Intellectual Property Organization (WIPO). Unveiled at EXPO 2025 Osaka, the publication highlights more than 200 impactful energy innovations from across the Asia-Pacific region, showcasing technologies that advance global sustainability. Carrier Japan is part of Carrier Global Corporation (NYSE: CARR), a global leader in intelligent climate and energy solutions.“Being featured in WIPO’s Green Tec..