Centre approves Bargarh-Nuapada & Talcher-Angul railway projects
RAILWAYS & METRO RAIL

Centre approves Bargarh-Nuapada & Talcher-Angul railway projects

On May 21, 2023, the Centre gave its official consent to the 142 km Bargarh Road-Nuapada Road railway line via Padampur, designating it as a special railway project. This announcement also included the approval for the 16.5 km Talcher to Angul railway line. The Bargarh Road-Nuapada Road project gained significant attention during the Padampur by-election in December of the previous year. The Biju Janata Dal (BJD) had urged the centre to sanction the project, and the Railway Minister, Ashwini Vaishnaw, assured the people of western Odisha that their demands would be met.

Initially, on July 30, 2021, the Centre had put the project on hold, citing operational infeasibility. However, the Odisha Rail Infrastructure Development Limited (ORIDL), a joint venture between the Odisha government (51%) and the Ministry of Railways (49%), recognised the project's potential for development. Later on, the Odisha government agreed to bear the land costs associated with the project. Vaishnaw confirmed in the Rajya Sabha that the proposal was being examined. Towards the end of 2021, the Ministry of Railways granted in-principle approval to undertake pre-investment activities for the new line project.

According to Bargarh MP Suresh Pujari, this project will address various issues faced by the local population. He stated, "It can connect Bargarh and Nuapada, while also reaching tourist destinations like Nrusinghanath Temple. These places will attract more tourists and devotees." Pujari emphasised that this railway line would reduce travel time to Raipur and Bhubaneswar, thereby boosting business opportunities.

On May 21, 2023, the Centre gave its official consent to the 142 km Bargarh Road-Nuapada Road railway line via Padampur, designating it as a special railway project. This announcement also included the approval for the 16.5 km Talcher to Angul railway line. The Bargarh Road-Nuapada Road project gained significant attention during the Padampur by-election in December of the previous year. The Biju Janata Dal (BJD) had urged the centre to sanction the project, and the Railway Minister, Ashwini Vaishnaw, assured the people of western Odisha that their demands would be met. Initially, on July 30, 2021, the Centre had put the project on hold, citing operational infeasibility. However, the Odisha Rail Infrastructure Development Limited (ORIDL), a joint venture between the Odisha government (51%) and the Ministry of Railways (49%), recognised the project's potential for development. Later on, the Odisha government agreed to bear the land costs associated with the project. Vaishnaw confirmed in the Rajya Sabha that the proposal was being examined. Towards the end of 2021, the Ministry of Railways granted in-principle approval to undertake pre-investment activities for the new line project. According to Bargarh MP Suresh Pujari, this project will address various issues faced by the local population. He stated, It can connect Bargarh and Nuapada, while also reaching tourist destinations like Nrusinghanath Temple. These places will attract more tourists and devotees. Pujari emphasised that this railway line would reduce travel time to Raipur and Bhubaneswar, thereby boosting business opportunities.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement