PM Modi to cut the ribbon for important infrastructure projects in Varanasi
PORTS & SHIPPING

PM Modi to cut the ribbon for important infrastructure projects in Varanasi

As reported, Prime Minister Narendra Modi is set to inaugurate two major national highways, which spread to a total length of 34 km, and an inland waterways project in Varanasi. 

The two roads have been built at a combined cost of Rs 15.71 billion – the 16.55 km long Varanasi Ring Road Phase 1 was laid at approximately Rs 7.59 billion, and the construction of the Babatpur-Varanasi road which is 17.25 km long, has cost Rs 8.12 billion. 

Reportedly, the Haldia-Varanasi stretch (National Waterway-1) is being developed at a total cost of around Rs 53.69 billion with financial and technical support from the World Bank. The funding for the project will be equally shared by the Indian Government and the World Bank. It is the first waterway terminal on Ganga and falls under the government’s Jal Marg Vikas Project which is an effort to develop the stretch for the navigation of large vessels weighing up to 1,500 to 2,000 tonne. 

The scope of the entire project includes: Construction of three multi-modal terminals, river information system, two inter-modal terminals and differential global positioning system (DGPS), among other works. 

The Babatpur-Varanasi road will connect Varanasi to the airport, while further connecting Jaunpur, Sultanpur and Lucknow. It is set to reduce the travel time to the airport. The ring road, on the other hand, is set to reduce the traffic in the region as well as make a difference in fuel usage and pollution on NH-56.  It will also make it easier to reach the Buddhist pilgrimage site, Sarnath. 

As reported, Prime Minister Narendra Modi is set to inaugurate two major national highways, which spread to a total length of 34 km, and an inland waterways project in Varanasi. The two roads have been built at a combined cost of Rs 15.71 billion – the 16.55 km long Varanasi Ring Road Phase 1 was laid at approximately Rs 7.59 billion, and the construction of the Babatpur-Varanasi road which is 17.25 km long, has cost Rs 8.12 billion. Reportedly, the Haldia-Varanasi stretch (National Waterway-1) is being developed at a total cost of around Rs 53.69 billion with financial and technical support from the World Bank. The funding for the project will be equally shared by the Indian Government and the World Bank. It is the first waterway terminal on Ganga and falls under the government’s Jal Marg Vikas Project which is an effort to develop the stretch for the navigation of large vessels weighing up to 1,500 to 2,000 tonne. The scope of the entire project includes: Construction of three multi-modal terminals, river information system, two inter-modal terminals and differential global positioning system (DGPS), among other works. The Babatpur-Varanasi road will connect Varanasi to the airport, while further connecting Jaunpur, Sultanpur and Lucknow. It is set to reduce the travel time to the airport. The ring road, on the other hand, is set to reduce the traffic in the region as well as make a difference in fuel usage and pollution on NH-56.  It will also make it easier to reach the Buddhist pilgrimage site, Sarnath. 

Next Story
Infrastructure Transport

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

Next Story
Infrastructure Urban

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Next Story
Infrastructure Urban

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement