CEO assures Smart City projects on schedule for May 31 finish

14 May 2024 CW Team

Sanjit Rodrigues, the CEO of IPSCDL, stated that he had convened a review meeting with stakeholders, including the PWD officials, to discuss the progress of Smart City projects. During the meeting, he mentioned the commitment to completing designated areas by May 31 and reminded contractors of the deadline. Despite challenges like high water tables and traffic hindrances, Rodrigues expressed confidence in timely completion.

Sanjit Rodrigues also mentioned the progress and challenges faced by the project. He acknowledged the difficulties but assured that efforts were being made to stay on track for the May 31 deadline. Rodrigues highlighted issues such as manpower shortages due to elections and the need to balance work with curing time for concrete roads.

Regarding concerns about water wastage, Rodrigues clarified that most of the water being pumped out during dewatering was necessary for construction work and not wastage. He emphasised the importance of proper drainage systems in Smart City projects to prevent flooding during monsoon showers.

Rodrigues also addressed criticisms regarding the placement of water pipelines, stating that proper care had been taken to ensure separation from sewage chambers. Despite challenges and criticisms, Rodrigues reaffirmed his commitment to completing the project by the deadline, with a possible slight extension if necessary.

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..