Rail Projects

Cabinet approves Rs 7,798 crore for railway and space initiatives

New line will put Amaravati on railway map

Modi 3.0: Continued capex push for infra, bullet train among priorities

The new railway minister will oversee the execution of several important initiatives in the Centre's 100-day agenda planned before the elections

'Investment boom': PM Narendra Modi flags off Rs 41K cr rail works

Says consumption rose by 2.5x in 10 years, talks of India's achievements

Turning dream into reality: Bullet train moves from vanity to vision

India's dream of high speed rail train, though delayed by years, is inching closer to reality

Railways' mismanagement behind cost overrun in Hajipur-Sagauli project: Rpt

The Hajipur-Sagauli New Line project, sanctioned in 2003-04 at an estimated cost of Rs 24.66 crore, registered a huge cost escalation of Rs 2,066.78 crore in January 2019 due to indecisiveness of the Railway Administration, according to a Public Accounts Committee (PAC) report. Tabled in the Lok Sabha on Wednesday, the report titled 'Loss due to indecision of Railway Administration in the matter of land acquisition: East Central Railway' was based on one of the findings of a Comptroller and Auditor General (CAG) report of 2021. After carrying out a detailed examination, the PAC observed that the railways' lack of prudent decision-making and timely payments resulted in avoidable extra expenditure, underscoring the importance of meticulous financial planning and adherence to land acquisition policies. "The Hajipur-Sagauli New Line project, sanctioned by the Ministry of Railways in 2003-04, underwent a series of financial oversights and lapses in land acquisition processes, leading to

5 of 14 rail projects taken up to boost coal evacuation, commissioned: Govt

Of the 14 rail projects taken up for implementation to boost coal evacuation, five have already been commissioned and the remaining are at different stages of construction, Parliament was informed on Monday. In addition, coastal shipping and inland waterways are also being promoted for evacuation of coal, Coal Minister Pralhad Joshi said in the Rajya Sabha on Monday. Replying to a query, Joshi said, "14 rail projects have been taken up for implementation for improving coal evacuation... Of these, five rail lines have already been commissioned and others are at various stages of construction." "In addition to the above, the Ministry of Railways has planned several rail projects under Green Energy Corridor Projects, High-density Network Projects and Rail Sagar Projects," the minister said. The coal ministry recently launched a coal logistics policy and integrated coal evacuation plan to address the issue of coal transportation amidst rising demands.

Germany-based KfW Development Bank to fund Bengaluru Suburban Rail Project

The Bengaluru Suburban Railway Project on Saturday got a major thrust when a loan agreement was signed with KfW Development Bank, Germany, by Rail Infrastructure Development Company (Karnataka) Limited (K-RIDE) in New Delhi on December 15. As per the agreement, KfW Development Bank will provide Euro 500 million (Rs 4,552 crore) and a grant of Euro 4.5 million (Rs 41 crore) for the BSRP. The loan agreement is meant for Corridor-1 from Bengaluru City Railway Station to Devanahalli and Corridor-3 from Kengeri to Whitefield. K-RIDE said in a statement that the agreement was signed in the presence of senior officials from the Department of Economic Affairs, Ministry of Finance, Government of India and the Government of Karnataka, and KfW officials. "The loan was signed for Euro 500 million (Rs 4,552 crore) and a grant of Euro 4.5 million (Rs 41 crore). The signing of this loan agreement will facilitate invitation of Corridor-1, Corridor-3 and system tenders and further expedite progress

PM Modi, Sheikh Hasina to inaugurate cross-border rail project on Nov 1

Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina will jointly inaugurate a key cross-border railway project on Wednesday, officials said. The prime ministers of the two neighbouring countries will launch the Agartala-Akhaura Cross Border Rail Link Project at 11 am in a virtual ceremony, they said. The 15-km rail link (5 km in India and 10 km in Bangladesh) will boost cross-border trade and significantly reduce the travel time between Agartala and Kolkata via Dhaka, the officials said. The trial run of the project will take place at 12 pm on Monday. It encompasses one major bridge and three minor bridges. At present, it takes about 31 hours to reach Kolkata from Agartala by train, which will be reduced to just 10 hours, an official said. The Indian Railways had allocated Rs 153.84 crore from its budget to expedite the project work, he added.

TMS Ep548: Delhi-Meerut RRTS, freight corridor, media stocks, EV batteries

Why didn't India build RapidX under Indian Railways? What challenges will Eastern Freight Corridor face? Should you binge on the rally in media stocks? What are the different types of EV batteries? An

PM Modi to inaugurate rail projects worth Rs 6,350 cr in Chhattisgarh today

The rail projects include Chhattisgarh East Rail Project Phase-I, third rail line between Champa to Jamga, and third rail line between Pendra Road to Anuppur

L&T bags order worth nearly Rs 7,000 cr for Mumbai-Ahmedabad rail project

With this package, L&T will execute 92% of the main line between Shilphata in Maharashtra and Ahmedabad in Gujarat

'Slow coach': 188 rail projects delayed over poor zonal planning

156 rail projects miss submission deadline, 32 await compliance

PM Modi to launch railway projects worth over Rs 5,800 cr in Bengal

Prime Minister Narendra Modi will inaugurate and dedicated to the nation railway projects worth over Rs 5,800 crore in West Bengal through video-conferencing on Friday. Modi, who lost his mother this morning, was scheduled to be here in person to be part of the event to launch the connectivity and infrastructure projects in the state. The projects include the inauguration of the Joka-Taratala stretch of the Joka-Esplanade Metro Project (Purple Line) and the flagging off of the Howrah-New Jalpaiguri Vande Bharat Express. The Joka-Taratala 6.5-km stretch having six stations has been constructed at a cost of more than Rs 2,475 crore. Passengers of southern parts of Kolkata such as Sarsuna, Dakghar, Muchipara and South 24 Parganas will be immensely benefited by inauguration of this project.

Indian Railways seeks quicker land acquisition for stalled projects

Zonal Railways asked to designate more works as special projects for quicker clearance

Adani group's cash generation ability underappreciated, says M&G

Billionaire Gautam Adani's group has attracted a lot of scrutiny over its debt-heavy balance sheet and not enough appreciation of its cash-flow generation ability, according to M&G Investments

Odisha govt rakes up 'shelved' Bargarh-Nuapada railway project issue

Ahead of the December 5 bypoll to Padampur assembly seat, the BJD government in Odisha on Sunday raked up a 'shelved' railway project connecting Bargarh to Nuapada, accusing the Centre of neglecting the people's demand for improving the connectivity there. The 142-kilometre new broad-gauge line between Bargarh Road to Nuapada Road stations via Padampur was sanctioned in 2018, but later was "shelved by the Centre", state Commerce and Transport Minister Tukuni Sahu said. The woman leader of the BJD, in a letter to Railway Minister Ashiwni Vaishnaw, urged him to sanction the Bargarh-Nuapada new railway line as it would boost economic activities in the region. Accusing the BJP-led NDA government at the Centre of neglecting people in the region, BJD spokesperson Lenin Mohanty pointed out that "Union Minister Dharmendra Pradhan had, on December 15 in 2018 in a public meeting, announced that a new railway line from Bargarh station to Nuapada via Padampur was sanctioned by the ...

PM GatiShakti: Over 250 infra projects examined by NPG since Oct 2021

Over 250 critical infrastructure projects of different ministries including rail, road and ports have been examined and recommended by the Network Planning Group (NPG), constituted under the PM GatiShakti initiative, since last October, a commerce and industry ministry official said. On October 13, Prime Minister Narendra Modi launched the GatiShakti - National Master Plan aimed at developing integrated infrastructure to reduce logistic costs. All logistics and connectivity infrastructure projects, entailing investment of over Rs 500 crore, are routed through the NPG, constituted under the PM GatiShakti initiative. "Over 250 infrastructure projects have been examined in the last one year by using the National Master Plan and the PM GatiShakti institutional structure. These projects include many connectivity linkages of rail, port, road, and last mile infrastructure projects for sectors such as agriculture, food, steel, and coal," the official said. Use of the National Master Plan .

Bengaluru metro on track to complete 175 km of commute by June 2025

Vadiraj Krishnamurthy, Vice President Technology and Innovation, Bosch Global Software Technologies, said the future is software defined fully programmable vehicles

All rail projects proposed by Kerala rejected, says Karnataka CM Bommai

Karnataka Chief Minister Basavaraj Bommai on Sunday said all three major rail projects, proposed by Kerala, have been rejected

Tata Sons to invest Rs 975 crore in Pune IT City Metro rail project

The Rs 7,420-crore, 23-km project is being financed through debt-to-equity of 1.8 times and the entire debt has been tied up, and the envisaged equity commitment is supported by Tata Sons