ECL Opens Rs 1.1bn Rail Siding In Bengal

20 Jan 2026 CW Team

Eastern Coalfields Ltd (ECL), a subsidiary of Coal India, has inaugurated the Rs 1.1 billion Dalmia Railway Siding at Salanpur in West Bengal to strengthen coal evacuation and improve regional logistics.

ECL said the new rail facility will significantly enhance dispatch capacity while easing long-standing transportation bottlenecks. Spread across 70.21 acres, the siding includes two 650-metre coal loading platforms, a dedicated weighbridge and a total track length of 4.65 km. Designed to handle six million tonnes of coal annually, the siding will primarily rely on pay loaders, enabling greater operational flexibility and faster turnaround.

The project was executed by RITES and is connected to the Eastern Railway network under the Asansol Division. By shifting a substantial portion of coal movement from road to rail, the facility is expected to lower logistics costs, reduce congestion and support more environmentally sustainable transport across West Bengal’s coal-bearing belt. The commissioning marks a key step in strengthening rail-based evacuation infrastructure in eastern India.

Real Estate

02 Apr 2026

Mahagun Group Secures Rs 2.25 Billion Funding

Mahagun Group has secured Rs 2.25 billion in funding from CSL Finance Limited, reinforcing its financial position and giving added momentum to project execution across its portfolio.The development comes after the Group recently completed the closure of Rs 6.5 billion debt for its Mahagun Medalleo project. It repaid Rs 3.1 billion in principal and around Rs 3.4 billion in interest, reflecting a disciplined financial approach and a consistent record of meeting obligations.The Group said its financial position is supported by strong internal accruals, healthy collections, and a robust base of so..

Mahagun Group Secures Rs 2.25 Billion Funding

Mahagun Group has secured Rs 2.25 billion in funding from CSL Finance Limited, reinforcing its financial position and giving added momentum to project execution across its portfolio.The development comes after the Group recently completed the closure of Rs 6.5 billion debt for its Mahagun Medalleo project. It repaid Rs 3.1 billion in principal and around Rs 3.4 billion in interest, reflecting a disciplined financial approach and a consistent record of meeting obligations.The Group said its financial position is supported by strong internal accruals, healthy collections, and a robust base of so..

Danube Launches Greenz Master Community in Dubai

Danube Properties has recently launched Greenz by Danube, its first large-scale integrated community featuring premium villas and townhouses, marking its expansion into master-planned developments. Located in Dubai International Academic City near Dubai Silicon Oasis, the project sits within a high-growth corridor housing over 100,000 residents. The area is set to benefit from the upcoming District IO technology hub aligned with the vision of Sheikh Mohammed bin Rashid Al Maktoum. The development will offer three- and four-bedroom townhouses, along with five-bedroom semi-detached ..