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Khurda Road-Balangir Rail Project Achieves Milestone with Tunnel
The Khurda Road-Balangir New Rail Line Project has reached a major milestone with the successful breakthrough of Tunnel No. T3, located between Buguda and Banigochha in Odisha’s Nayagarh district. The East Coast Railway (ECoR) announced that the 2,620-meter-long tunnel, featuring a 2-degree curve, was excavated using the New Austrian Tunneling Method (NATM). The breakthrough, or "daylighting," was achieved on January 13, marking significant progress in this critical infrastructure project. Tunnel No. T3 is the longest tunnel in Nayagarh district and the second-longest in the 301-kilometer Kh..
CCI Approves Ashoka Buildcon's Stake Acquisition in Ashoka Concessions
The Competition Commission of India (CCI) has approved Ashoka Buildcon's proposal to acquire the remaining 34% equity stake in Ashoka Concessions Ltd (ACL). With this approval, Ashoka Concessions will become a wholly-owned subsidiary of Ashoka Buildcon, which currently holds a 66% stake in the company. The transaction involves Ashoka Buildcon acquiring the remaining equity shares of ACL and certain convertible instruments of ACL by Ashoka Buildcon and its subsidiary, Viva Highways. In addition, Viva Highways will acquire a 26% equity stake in Jaora Nayagaon Toll Road Company (JN) for Rs 1.5 bi..
Mizoram Government Considers Ropeway Project for Tourism Boost
The Mizoram government is exploring the construction of a ropeway and cable car facilities connecting Aizawl and Lengpui to boost tourism and improve connectivity, according to an official statement. Chief Minister Lalduhoma led a meeting to discuss the feasibility of the proposed project, which would also integrate the Sairang railway station. The Aizawl-Sairang railway station-Lengpui ropeway project aims to enhance tourism development and provide better public transport links between Aizawl, the state capital, and Lengpui, where the state’s only airport is located. During the meeting, off..