Budget Allocates Rs 30.42 Bn For Railway Infrastructure In Kerala
RAILWAYS & METRO RAIL

Budget Allocates Rs 30.42 Bn For Railway Infrastructure In Kerala

BJP state president K Surendran said the central allocation will give a big boost to the development of railways in Kerala. “The Centre is committed to making the Nilambur-Nanjancode line and the Sabarimala line a reality. But, there is inaction on the part of the state government,” he said.

Earlier, Chief Minister Pinarayi Vijayan expressed disappointment at the budget ignoring the key demands of the state -- the semi-high-speed rail project and a coach factory.
The Centre and state governments have blamed each other for the slow progress of rail projects in Kerala, especially with regard to the delay in execution of track doubling and the Sabari rail project.

Vaishnaw claims that the state government has acquired only 13% of the land required for railway development, while the state maintains that 65% of the required land has been made available.              

BJP state president K Surendran said the central allocation will give a big boost to the development of railways in Kerala. “The Centre is committed to making the Nilambur-Nanjancode line and the Sabarimala line a reality. But, there is inaction on the part of the state government,” he said.Earlier, Chief Minister Pinarayi Vijayan expressed disappointment at the budget ignoring the key demands of the state -- the semi-high-speed rail project and a coach factory.The Centre and state governments have blamed each other for the slow progress of rail projects in Kerala, especially with regard to the delay in execution of track doubling and the Sabari rail project.Vaishnaw claims that the state government has acquired only 13% of the land required for railway development, while the state maintains that 65% of the required land has been made available.              

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement