IRFC Eyes Metro and Rapid Rail to Boost High-Margin Growth
Indian Railway Finance Corporation (IRFC) is expanding beyond its traditional role as the key financier for Indian Railways, with plans to diversify into metro and rapid rail infrastructure projects. This strategic shift is expected to drive higher growth and profitability, said Chairman and Managing Director Manoj Kumar Dubey. The state-run firm has already secured Rs 140,000 million worth of loan assets through three consecutive bids in just three months, signaling its aggressive push into new sectors aligned with railway infrastructure.Dubey highlighted that margins from these diversified p..
Murkongselek-Pasighat Rail Project Hits 45% Completion
The Murkongselek–Pasighat new railway line, a flagship project under Northeast Frontier Railway (NFR), has reached 45 per cent physical progress as of March 31, 2025, with work valued at approximately Rs 12.52 billion. Designed to enhance rail connectivity between Assam and Arunachal Pradesh, the 26.15-kilometre line is being executed in two distinct phases.Phase I, covering the Murkongselek–Sille segment (15.6 km), is close to completing its earthwork, with 1.375 million cubic meters finished out of the targeted 1.416 million. Construction is also well underway on 18 major and 35 minor br..
Palakkad Launches ‘Project Sugamya’ for Inclusive Travel
In a move to improve accessibility for passengers with disabilities and reduced mobility, the Palakkad Railway Division launched Project Sugamya – Breaking Barriers at Palakkad Railway Station on Monday. Backed by the Swarga Foundation and the International Gemological Institute (India), the initiative was inaugurated by Divisional Railway Manager Arun Kumar Chaturvedi.Under the project, 24 mobile ramps and 24 specially designed wheelchairs have been deployed across 20 key stations in the division, including Palakkad Junction, Kozhikode, Kannur, Shoranur Junction, and Mangaluru Central. Thes..
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