Khurda-Bolangir line approved for Rs 1.5 billion Odisha government

16 Nov 2022 CW Team

The Khurda Road-Bolangir rail line project now has 10.5 km of freshly laid broad gauge line between Bichhupali and Jhartarbha, and the Odisha government has approved Rs 1.5 billion for quick completion of the much-anticipated project.

The 306.25 km Khurda Road-Bolangir railway project has received land allocations from the state government at no cost, and it is also paying for half of the construction costs.

The money was allocated for the 112 km to 289 km Khurda Road-Bolangir NBG Rail Link Project during FY23. Additionally, decisions have been made to expedite the clearing of the forest as soon as possible under strict time constraints.

91 km from Khurda Road to Nuagaon out of the 306 km total length of the new railway line between Bolangir and Khurda Road had been put into service. Between Bichhupali and Jhartarbha, an additional 10.5 km has been completed.

The goal is to commission the project by March 2023. Work is now being done on the 91 to 106 km stretch from Nuagaon to Daspalla.

Due to the lack of Stage-I forest clearance, work from Buguda to Banigocgha has not yet begun.

Also read:
Lucknow, Kanpur railway stations to get major makeover
Vizag station to get Rs 4.60 bn revamp; be HQ of new zone

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 ..