+
Cabinet Approves Railway Multitrack Projects Worth Rs 34 Billion
RAILWAYS & METRO RAIL

Cabinet Approves Railway Multitrack Projects Worth Rs 34 Billion

The Cabinet Committee on Economic Affairs has approved two Indian Railways multitracking projects worth Rs 34 billion. Spanning 176 kilometres across Maharashtra and Madhya Pradesh, the projects aim to enhance passenger and freight capacity while supporting India’s logistics infrastructure under the PM-Gati Shakti National Master Plan.

The approved works will connect approximately 784 villages with a combined population of nearly two million. The routes are vital for moving coal, cement, clinker, gypsum, fly ash, petroleum products, containers, and agricultural goods. The expected annual freight capacity increase is 18.4 million tonnes.

These developments are set to reduce oil imports, lower carbon dioxide emissions, and boost supply chain efficiency. The initiatives also support economic growth by easing congestion and optimising travel and transport infrastructure.

The projects are scheduled for completion by financial year 2029–30. This follows previous cabinet approvals, including Rs 186.58 billion for four projects in April and Rs 325.84 billion for eleven others in financial year 2024. The capital expenditure allocation for Indian Railways in financial year 2026 remains at Rs 2.65 trillion, similar to revised estimates for financial year 2025.

Source:Business Today

The Cabinet Committee on Economic Affairs has approved two Indian Railways multitracking projects worth Rs 34 billion. Spanning 176 kilometres across Maharashtra and Madhya Pradesh, the projects aim to enhance passenger and freight capacity while supporting India’s logistics infrastructure under the PM-Gati Shakti National Master Plan.The approved works will connect approximately 784 villages with a combined population of nearly two million. The routes are vital for moving coal, cement, clinker, gypsum, fly ash, petroleum products, containers, and agricultural goods. The expected annual freight capacity increase is 18.4 million tonnes.These developments are set to reduce oil imports, lower carbon dioxide emissions, and boost supply chain efficiency. The initiatives also support economic growth by easing congestion and optimising travel and transport infrastructure.The projects are scheduled for completion by financial year 2029–30. This follows previous cabinet approvals, including Rs 186.58 billion for four projects in April and Rs 325.84 billion for eleven others in financial year 2024. The capital expenditure allocation for Indian Railways in financial year 2026 remains at Rs 2.65 trillion, similar to revised estimates for financial year 2025.Source:Business Today

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code