Rs 8.36 Bn Approved for Belagavi Under Amrit 2.0 Scheme
WATER & WASTE

Rs 8.36 Bn Approved for Belagavi Under Amrit 2.0 Scheme

The Union Urban Development Ministry has approved Rs 8.36 billion under the Amrit 2.0 scheme for 32 urban areas within the Belagavi division of the Karnataka Urban Water Supply and Sewerage Board. The financial distribution includes 50 per cent from the central government, 40 per cent from the state government, and 10 per cent from public contributions.

Additionally, Rs 1.65 billion has been allocated to ensure continuous water supply, particularly benefiting the five twin towns of Mudalagi, Naganur, Kalloli, Arabhavi, and Ghataprabha. Several projects under this scheme are already in progress, while the remaining ones are set to commence soon.

The initiative has been facilitated through the combined efforts of the Union Urban Affairs Ministry and the Karnataka State Urban Development Department, ensuring the effective allocation and execution of funds to enhance urban infrastructure in the region.

News source: Belagavi Infra

The Union Urban Development Ministry has approved Rs 8.36 billion under the Amrit 2.0 scheme for 32 urban areas within the Belagavi division of the Karnataka Urban Water Supply and Sewerage Board. The financial distribution includes 50 per cent from the central government, 40 per cent from the state government, and 10 per cent from public contributions. Additionally, Rs 1.65 billion has been allocated to ensure continuous water supply, particularly benefiting the five twin towns of Mudalagi, Naganur, Kalloli, Arabhavi, and Ghataprabha. Several projects under this scheme are already in progress, while the remaining ones are set to commence soon. The initiative has been facilitated through the combined efforts of the Union Urban Affairs Ministry and the Karnataka State Urban Development Department, ensuring the effective allocation and execution of funds to enhance urban infrastructure in the region. News source: Belagavi Infra

Next Story
Infrastructure Urban

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..

Next Story
Infrastructure Energy

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..

Next Story
Infrastructure Urban

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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement