+
Centre Clears Rs 186 Bn Railway Projects Across 3 States
RAILWAYS & METRO RAIL

Centre Clears Rs 186 Bn Railway Projects Across 3 States

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given it approval for four major multitracking railway projects. These projects, worth approximately Rs 186.6 billion, are expected to enhance India’s railway system by improving mobility of goods and services, reducing congestion in passenger freights, and upgrading infrastructure, thereby allowing it to match global standards.

The railways will add 19 stations and 1247 km to the current railway network, which will connect 15 districts across Maharashtra, Odisha, and Chhattisgarh. Alongside an increase in transport capabilities, the project aims to increase employment and industrial growth in these regions, both through increased demand for labour and by connecting industrial hubs.

Union Minister Ashwini Vaishnaw has said that the project will be beneficial to the environment and India’s sustainability goals, as it will help reduce reliance on oil imports and reduce CO? emissions. This, he said, “is equivalent to the planting of 190 million trees”.

The projects include: • Sambalpur – Jarapda 3rd and 4th Line • Jharsuguda – Sason 3rd and 4th Line • Kharsia – Naya Raipur – Parmalkasa 5th and 6th Line • Gondia – Balharshah doubling

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given it approval for four major multitracking railway projects. These projects, worth approximately Rs 186.6 billion, are expected to enhance India’s railway system by improving mobility of goods and services, reducing congestion in passenger freights, and upgrading infrastructure, thereby allowing it to match global standards. The railways will add 19 stations and 1247 km to the current railway network, which will connect 15 districts across Maharashtra, Odisha, and Chhattisgarh. Alongside an increase in transport capabilities, the project aims to increase employment and industrial growth in these regions, both through increased demand for labour and by connecting industrial hubs. Union Minister Ashwini Vaishnaw has said that the project will be beneficial to the environment and India’s sustainability goals, as it will help reduce reliance on oil imports and reduce CO? emissions. This, he said, “is equivalent to the planting of 190 million trees”. The projects include: • Sambalpur – Jarapda 3rd and 4th Line • Jharsuguda – Sason 3rd and 4th Line • Kharsia – Naya Raipur – Parmalkasa 5th and 6th Line • Gondia – Balharshah doubling

Next Story
Products

Sleek Kitchen Solutions

Häfele has launched the Profin range of aluminium profiles for open, modern kitchens. The collection includes Gola Profiles, Stack Modular Shelving, Rail Door Profiles, and Strike Shelving System—all designed for seamless integration and contemporary appeal. Available in five finishes—Silver, Graphite, Gold, Rose Gold, and Dark Bronze—the profiles offer both subtle elegance and striking contrast.Contact: HäfeleWebsite: www.hafeleindia.com/en/ ..

Next Story
Technology

DEV IT Wins Rs 40.4 Mn tech deal with Alivus Lifesciences

Dev Information Technology, a global IT services company providing Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services, with products like Talligence and ByteSigner, has secured significant orders worth approximately Rs 40.4 million from Alivus Lifesciences. The wins reflect DEVIT’s growing presence in the enterprise technology space and its ability to deliver value-driven IT solutions.The engagement includes a significant order of Rs 30.60 million for Microsoft Select Plus perpetual licenses. While the licenses will be billed directly by the Licensing So..

Next Story
Infrastructure Energy

CRISIL Rates ACME Raisar Solar's Rs 8.80 Bn Loan 'AA-/Stable'

CRISIL Ratings has assigned 'CRISIL AA-/Stable’ rating to long-term bank facilities of ACME Raisar Solar Energy, wholly owned subsidiary of ACME Solar Holdings. This rating is assigned to 300 MW (AC) capacity located in Fategarh, Rajasthan for its Rs 8.90 billion term loan facility from REC.CRISIL cited robust revenue visibility, strong financial metrics & debt servicing capability, and a secure cash flow mechanism as key strengths underpinning AA-/Stable rating, one of the highest ratings accorded by the rating agencies. The rating reflects ARSEPL's strong operational profile supported by a..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?