Cabinet approves Rs 79.27 billion for multitracking railway projects

28 Nov 2024 CW Team

The Cabinet has approved three major multitracking railway projects with a combined investment of Rs 79.27 billion, aimed at improving connectivity, enhancing passenger convenience, reducing logistics costs, cutting oil imports, and lowering carbon emissions.

Key approvals include the expansion of the Manmad-Jalgaon fourth railway line with a budget of Rs 27.73 billion, alongside the Bhusawal-Khandwa third and fourth lines and the Prayagraj-Manikpur third line. These projects will span seven districts across Maharashtra, Madhya Pradesh, and Uttar Pradesh.

The initiatives will strengthen connectivity along the Mumbai–Prayagraj–Varanasi corridor, allowing for additional passenger train operations and benefiting pilgrims traveling to major religious destinations such as Nashik’s Trimbakeshwar, Khandwa’s Omkareshwar, Varanasi’s Kashi Vishwanath, and other sacred sites in Prayagraj, Chitrakoot, and Shirdi.

Beyond religious travel, the projects are expected to bolster tourism by improving access to notable landmarks, including UNESCO World Heritage Sites like Khajuraho and Ajanta & Ellora Caves, historic forts such as Devgiri, Asirgarh, and Rewa, and natural attractions like Yawal Wildlife Sanctuary and Keoti and Purwa Falls.

(ET)

Real Estate

11 May 2026

Danube Launches Greenz Villa Community in Dubai

Danube Properties has launched Greenz by Danube, a fully furnished master villa community in Dubai, unveiled by H.E. Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister of Tolerance and Coexistence, at an event attended by over 7,000 investors and business leaders.Located near Dubai International Academic City and Dubai Silicon Oasis, the development marks Danube’s first large-scale integrated villa community and is positioned within one of Dubai’s emerging residential corridors.The project will comprise three and four-bedroom townhouses along with five-bedroom semi-detached and twin villas...

ABB Launches IE6 Motor for Hazardous Industrial Areas

ABB has introduced what it claims is the world’s first IE6 Hyper-Efficiency motor certified for hazardous industrial environments under ATEX and IECEx standards.The new Increased Safety motor is based on ABB’s synchronous reluctance (SynRM) technology and is designed without magnets or rare earth materials. According to the company, the motor reduces energy losses by up to 60 per cent compared to standard IE3 induction motors commonly used in hazardous areas.The motor is intended for use in industries such as chemicals, marine, oil and gas, pharmaceuticals and food and beverage, where expl..

Casagrand Launches 41-Acre Highcity Project in Chennai

Casagrand has launched Casagrand Highcity, a 41-acre integrated residential development on Chennai’s Outer Ring Road (ORR), marking the company’s largest residential project to date.The project will comprise over 4,000 two and three BHK apartments across four G+22 towers and is positioned as one of the largest organised residential developments in the ORR corridor.Located along Chennai’s emerging residential and infrastructure growth belt, the project benefits from connectivity to IT hubs including Navalur, Siruseri SIPCOT and Porur, as well as industrial clusters such as Sriperumbudur, ..