NABARD grants Rs 254 cr for drinking water projects in Odisha

04 Jun 2021 CW Team

The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 254 crore to set up two mega piped drinking water supply projects in Odisha under the Rural Infrastructure Development Fund (RIDF).

The two mega projects will come up in the Puri district (covering Brahmagiri and Krushnaprasad block) and the Jajpur district (covering Badachana and Dharmasala blocks).

These projects are expected to bring clean and safe drinking water to an 8.78 lakh rural population across 1.37 lakh households in 565 villages of the state on completion.

These piped drinking water supply projects aim to provide 70 litres per capita per day (LPCD) clean, safe, hygienic portable drinking water at the consumer end through functional household tape connection (FHTC) with eight hours of supply in the project area.

The projects will contribute to achieving the goal of providing drinking water to the rural population by 2022.

In the current financial year, several critical rural infrastructure projects under drinking water, irrigation, and rural connectivity (road and bridge) activity are in the pipeline, supported under RIDF-XXVII.

The state government is prioritising mega piped water supply projects in the state, followed by projects under irrigation and, subsequently, rural connectivity projects.

This infrastructure support under RIDF plays a major role in supporting the rural economy of Odisha and adds to the continuous efforts of the state government to boost the infrastructure requirements of rural areas, C Udayabhaskar, Chief General Manager, Nabard, Odisha Regional Office told the media.

Image Source

Also read: Jal Jeevan Mission: Govt releases central grant for 15 states

Also read: Govt allocates Rs 5,117 cr grant to MP under Jal Jeevan Mission

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..