Boring Begins for 7.8 Km Metro Tunnel in Chennai's Kolathur

22 Feb 2025 CW Team

Construction on the 7.8 km underground tunnel along Corridor 5 of the Chennai Metro commenced with the deployment of the tunnel boring machine (TBM) 鈥楰urinji鈥� on Wednesday. This TBM will bore a 246-metre tunnel from Kolathur Ramp towards Kolathur Station (upline), with completion expected by June.

Following this phase, 鈥楰urinji鈥� will be retrieved and relaunched from the south shaft to continue tunnelling towards Srinivasa Nagar, covering a distance of 1.06 km. Another TBM, 鈥楳ullai,鈥� is scheduled to arrive by the end of March and will be deployed for tunneling from Villivakkam Railway Station towards Villivakkam Bus Terminus, spanning 603 metre.

Two additional TBMs will be launched in subsequent phases based on site readiness. The entire 7.8 km stretch, which includes five underground stations from Kolathur Ramp to Nathamuni Ramp, is being executed by Tata Projects Limited.

Senior officials, including the Additional Chief Secretary (Special Initiatives) and Chennai Metro Rail (CMRL) project directors, inspected the construction site as work progressed. The project had faced a one-year delay due to late tender approvals, but efforts are now underway to expedite construction.

News source: The New Indian Express

Image source: oneindia

Infrastructure Urban

16 May 2025

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Infrastructure Urban

16 May 2025

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Infrastructure Urban

16 May 2025

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..