13 Smart Cities Complete All Projects, 48 Near Full Completion: Centre

03 Dec 2024 CW Team

Thirteen of India's 100 designated smart cities have successfully completed all their projects under the Smart Cities Mission (SCM), while 48 others have achieved over 90% project completion, Union Minister of State for Housing and Urban Affairs Tokhan Sahu informed the Lok Sabha. As of November 15, 2024, work orders for 8,066 projects valued at Rs 1.65 trillion have been issued. Of these, 7,352 projects worth Rs 1.47 trillion, accounting for 91% of the total, are complete. The central government has allocated Rs 480 billion for the SCM, releasing Rs 472.25 billion to states and Union territories, with Rs 446.26 billion utilised so far (94% of the central share). The initiative, launched in June 2015, has been extended to March 31, 2025, following requests from states and Union territories. Delays have been attributed to legal hurdles, clearance bottlenecks, land acquisition issues, and challenges in vendor and resource availability in smaller cities and hilly regions. Key achievements under the SCM include the installation of over 84,000 CCTV cameras and the development of 713 km of cycle tracks. More than 1,740 km of smart roads have been built or upgraded, alongside 9,433 smart classrooms across 2,398 government schools. Forty-one digital libraries with a seating capacity of 4,809, 172 e-health centers, and 152 health ATMs have also been established. To improve urban utilities, over 17,026 km of water supply networks are monitored using Supervisory Control and Data Acquisition (SCADA) systems, significantly reducing non-revenue water losses. Additionally, 66 cities have adopted advanced technologies for solid waste management, leading to better route planning and enhanced daily operations. In the solid waste sector, 9,194 vehicles equipped with Radio Frequency Identification (RFID) for Automatic Vehicle Location (AVL) systems are operational, boosting efficiency and digitizing waste collection processes. (ET)

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..