Rs 120 bn project development in Gorakhpur in 1 st year CM’s 2 nd stint
ROADS & HIGHWAYS

Rs 120 bn project development in Gorakhpur in 1 st year CM’s 2 nd stint

A significant portion of the budget was used for projects involving road connectivity, water purification, and drainage in order to construct world-class infrastructure and public facilities. In March 2022, CM Yogi was re-elected as Chief Minister, and ever since May 2022, he has given Gorakhpur gifts of development. Throughout the past year, CM Yogi has attended the inauguration ceremonies and laid the foundation stone for numerous development projects.

About 61 development projects worth Rs 331.6 million were inaugurated on May 15 while the foundation stone was laid for 21 projects worth Rs 1113.3 million, according to government sources.

He opened and laid the foundation stone for Rs 1440 million of infrastructure development projects on the same day. On July 12, CM Yogi laid the foundation for development projects worth Rs 1650 million and Rs 2990 million, respectively. On July 14, he dedicated the Rs 60 million Mansarover Temple as well as Rs 16.4 million Mansarover Ramlila Maidan beautification project. He dedicated and laid the foundation stone for 422 development projects worth Rs 1250 million on August 3.

The Rs 1940 million bridge at Kamariya Ghat was opened by CM on August 18; the Mahant Avaidyanath Stadium and Auditorium were opened by CM Yogi on September 26. On October 18, Yogi laid the foundation stone for Rs 2159.7 million Nagar Nigam development projects and Rs 628.4 million GDA development work. On October 19, he dedicated the Unwal bypass road and Rs 21.2 million Nagar Panchayat Sangrampur structure. On the occasion of Diwali on October 24, the CM officially inaugurated and laid the foundation for 288 development projects worth Rs 80 crore alongside members of the Vantangia and Mushar communities.

A significant portion of the budget was used for projects involving road connectivity, water purification, and drainage in order to construct world-class infrastructure and public facilities. In March 2022, CM Yogi was re-elected as Chief Minister, and ever since May 2022, he has given Gorakhpur gifts of development. Throughout the past year, CM Yogi has attended the inauguration ceremonies and laid the foundation stone for numerous development projects. About 61 development projects worth Rs 331.6 million were inaugurated on May 15 while the foundation stone was laid for 21 projects worth Rs 1113.3 million, according to government sources. He opened and laid the foundation stone for Rs 1440 million of infrastructure development projects on the same day. On July 12, CM Yogi laid the foundation for development projects worth Rs 1650 million and Rs 2990 million, respectively. On July 14, he dedicated the Rs 60 million Mansarover Temple as well as Rs 16.4 million Mansarover Ramlila Maidan beautification project. He dedicated and laid the foundation stone for 422 development projects worth Rs 1250 million on August 3. The Rs 1940 million bridge at Kamariya Ghat was opened by CM on August 18; the Mahant Avaidyanath Stadium and Auditorium were opened by CM Yogi on September 26. On October 18, Yogi laid the foundation stone for Rs 2159.7 million Nagar Nigam development projects and Rs 628.4 million GDA development work. On October 19, he dedicated the Unwal bypass road and Rs 21.2 million Nagar Panchayat Sangrampur structure. On the occasion of Diwali on October 24, the CM officially inaugurated and laid the foundation for 288 development projects worth Rs 80 crore alongside members of the Vantangia and Mushar communities.

Next Story
Infrastructure Urban

Macrotech acquires Bain Capital's stake in 3 entities for Rs 3 Bn

Realty firm Macrotech Developers has acquired Bain Capital's stake in three industrial and logistics park entities for Rs 3.07 billion as part of a strategy to enhance rental income. Macrotech Developers is one of the leading real estate firms in the country. It sells properties under Lodha brand. In a regulatory filing, the company informed that it has "executed Securities Purchase Agreements (SPAs) with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 (Bain Capital) for acquisition of their interest in the digital infrastructure platform entities (Bellissimo Digital I..

Next Story
Infrastructure Urban

Tata Steel reports Rs 7.59 Bn net profit in Jul-Sep

Tata Steel reported a net profit of Rs 7.58 billion for the September 2024 quarter, helped by lower expenses. It had posted a net loss of Rs 65.11 billion in the July-September period of the preceding 2023-24 fiscal, the company said in an exchange filing. In a separate statement, Tata Steel CEO and MD TV Narendran said the global operating environment remained complex, with key regions facing subdued growth. Macroeconomic conditions in China continued to weigh on commodity prices, including steel. In India, steel demand continued to improve, but domestic prices were under pressure due to chea..

Next Story
Infrastructure Urban

SC to verdict on Nov 7 on plea against NCLAT

The Supreme Court is scheduled to pronounce its verdict on a plea of State Bank of India (SBI) and other creditors challenging the National Company Law Appellate Tribunal (NCLAT) decision that upheld the resolution plan of grounded air carrier Jet Airways and approved the transfer of its ownership to Jalan Kalrock Consortium (JKC). A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra will pronounce the verdict which was reserved on October 16. The NCLAT had on March 12 upheld the resolution plan of the grounded air carrier and approved the transfer of its ownersh..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000