India to invite bids for freight corridor project by May

16 Apr 2013 CW Staff

By next May, the Railway Ministry will invite bids for the first phase of the 1,483-km western freight corridor. The move is part of a strategy to de-congest freight lines and accommodate the growing industrial traffic. The 640-km project-part of the 920 km Rewari-Vadodara stretch-is awaiting approval from Japan International Cooperation Agency (JICA), which is funding the project, to begin financial bidding.

Top sources said it will be the second project along the 3,322-km Dedicated Freight Corridor to be put on the block. In January, the government had awarded the first project-343-km of the 1,839-km Eastern Corridor-to Tata-Aldesa JV. Preparatory work on this Rs 3,300 crore Kanpur-Khurja section is likely to be completed by June.

The Dedicated Freight Corridor project, being implemented by the Railways through the Dedicated Freight Corridor Corp of India Ltd (DFCCIL), aims to connect the important freight lanes between Delhi and Mumbai in the west and Ludhiana and Dankuni in the east.

The 640-km project on the Western Corridor is likely to go to either the consortium between Japan's Sojitz Corp and Larsen & Toubro or Mitsui, Ircon and Leighton. The government plans to invite bids for about 1,500 km of freight corridor lines by the end of this fiscal, most of which will be in the western corridor.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..