ADB, JICA line up loans for Delhi-SNB RRTS

28 Dec 2022 CW Team

The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) have started evaluating loan proposals for the 106.5-km Delhi-SNB (Shahjahanpur-Neemrana-Behrod) Regional Rapid Transit System (RRTS) line.

These loan proposals are in addition to the $457 million proposal from the World Bank. The agencies’ names first appeared in the Environmental and Social Impact Assessment (ESIA) procurement form in 2020 as a project financer.

According to ADB updates, on October 11, its team approved a concept proposal to lend the project $1,382 million. ADB is already financing the 82.15-km Delhi-Meerut RRTS line with a $1.049 billion loan approved by its board in August 2020.

Its proposed loan of approximately Rs 114.16 billion would be applied for the construction and system procurement of a second semi-high-speed rail line in Delhi-NCR.

The line to SNB will have a design speed of 180 km/h and an operating speed of 160 km/h, the same as the Meerut line. It will eventually be expanded 35 km to Sotanala and 58 km to Alwar in the south.

The NCRTC and JICA have also been in communication since 2019. According to the World Bank’s project information document, JICA is appraising a loan of $890 million (Rs 73.52 billion).

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..