PM Narendra Modi: Railway stations must ramp up as economic hubs
RAILWAYS & METRO RAIL

PM Narendra Modi: Railway stations must ramp up as economic hubs

Prime Minister Narendra Modi, while inaugurating projects of Indian Railways via video conferencing, said that railways needs to scale up to become hubs of economic activities.

On Friday, Modi inaugurated the redeveloped Gandhinagar Capital Railway Station. The new railway projects that were inaugurated include the newly-electrified Surendranagar-Pipavav section and also the gauge converted cum electrified Mahesana-Varetha line. The Pipavav section is equipped to handle double-stack containers and will be integrated with the Dedicated Freight Corridors (DFCs).

Modi also flagged two new trains – the MEMU service trains between Gandhinagar Capital and Varetha and the Gandhinagar Capital-Varanasi Superfast Express. The Nature Park and Aquatics and Robotics Gallery in Gujarat Science City are the inaugurated non-railway projects.

The Prime Minister said that the location of railway stations at the heart of the cities makes them prime properties which they can grow into the centres of economic activity within the city and that the growth of the railway stations on the public-private model is a direction they are moving ahead in, similar to an airport.

The government is prioritising the modernisation of railway stations. As per an official statement, the work on the redevelopment of 125 stations is underway at present. The overall investment is more than Rs 50,000 crore for these projects and real estate development.

Modi cited the need for horizontal expansion of the Indian Railways. He also said that capacity and resource building for better services through vertical expansion is also necessary, emphasising on the importance of asset maximisation.

Additionally, he said that the development of a grand hotel on the Gandhinagar railway station is a sign of a positive change. The project has doubled the use of railway land by having a hotel and a station on the same plot.

Image Source


Also read: Redeveloped Gandhinagar railway station to be inaugurated this week

Also read: Railways prioritises completion of 126 projects worth Rs 115k cr

Prime Minister Narendra Modi, while inaugurating projects of Indian Railways via video conferencing, said that railways needs to scale up to become hubs of economic activities. On Friday, Modi inaugurated the redeveloped Gandhinagar Capital Railway Station. The new railway projects that were inaugurated include the newly-electrified Surendranagar-Pipavav section and also the gauge converted cum electrified Mahesana-Varetha line. The Pipavav section is equipped to handle double-stack containers and will be integrated with the Dedicated Freight Corridors (DFCs). Modi also flagged two new trains – the MEMU service trains between Gandhinagar Capital and Varetha and the Gandhinagar Capital-Varanasi Superfast Express. The Nature Park and Aquatics and Robotics Gallery in Gujarat Science City are the inaugurated non-railway projects. The Prime Minister said that the location of railway stations at the heart of the cities makes them prime properties which they can grow into the centres of economic activity within the city and that the growth of the railway stations on the public-private model is a direction they are moving ahead in, similar to an airport. The government is prioritising the modernisation of railway stations. As per an official statement, the work on the redevelopment of 125 stations is underway at present. The overall investment is more than Rs 50,000 crore for these projects and real estate development. Modi cited the need for horizontal expansion of the Indian Railways. He also said that capacity and resource building for better services through vertical expansion is also necessary, emphasising on the importance of asset maximisation. Additionally, he said that the development of a grand hotel on the Gandhinagar railway station is a sign of a positive change. The project has doubled the use of railway land by having a hotel and a station on the same plot. Image Source Also read: Redeveloped Gandhinagar railway station to be inaugurated this week Also read: Railways prioritises completion of 126 projects worth Rs 115k cr

Next Story
Building Material

Trishakti Industries Secures Major Tata Steel Order

Trishakti Industries Limited has secured a significant order from Tata Steel Ltd for the deployment of advanced machinery and skilled manpower at one of the steel major’s flagship project sites.The contract, awarded domestically, involves the hiring of machines along with manpower, with execution set to be completed by 20th September 2025. The initial contract period is 12 months. The total fresh capital expenditure for the project is approximately Rs 1.5 million, while the overall contract value is expected to exceed Rs 5 million inclusive of taxes.This order marks a reinforcement of top-ti..

Next Story
Real Estate

Kalpataru Projects Secures Rs 27.2 Billion in New Orders

Kalpataru Projects International Limited (KPIL), a leading EPC player in the power transmission and distribution (T&D) and civil infrastructure sector, along with its international subsidiaries, has received new orders and notifications for projects worth approximately Rs 27.2 billion.The projects include:Power Transmission & Distribution (T&D) initiatives in India and overseas.Buildings and Factories (B&F) projects in India.Manish Mohnot, MD & CEO of KPIL, said, “We are delighted with the strong ordering momentum in our T&D and B&F businesses. The orders include ..

Next Story
Infrastructure Energy

ACME Solar Secures Rs 38.92 Billion Financing for Barmer Project

ACME Solar Holdings rose 2.05 per cent to Rs 308.50 after its wholly owned subsidiary, ACME Venus Urja, secured long-term project financing of Rs 38.92 billion from the State Bank of India (SBI).The funds will be utilised for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project in Barmer, Rajasthan. The loan repayment is structured over 19 years.The Barmer-based FDRE project is contracted with NHPC at a tariff of Rs 4.64 per unit. It will integrate solar power generation with a Battery Energy Storage System (BESS) to ensure higher reliability and d..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?