Centre okays Rs 23.62 bn for ongoing railway projects in Andhra Pradesh
RAILWAYS & METRO RAIL

Centre okays Rs 23.62 bn for ongoing railway projects in Andhra Pradesh

The ongoing projects under South Central Railway (SCR) in Andhra Pradesh has reportedly received fund allocation from the Centre. The Centre has sanctioned Rs 59.24 billion for SCR this year.

Nearly Rs 23.62 billion, of the sanctioned Rs 59.24 billion, is expected to be spent on the railway development in Andhra Pradesh. However, reports suggest that the government has allocated Rs 13.08 billion less funds in SCR this year, as compared to the 2018-19 budget. In the previous year, the government has sanctioned Rs 36.70 billion for infrastructural development of Andhra Pradesh.

The fund approved for Kazipet-Vijayawada third line has been increased from Rs 600 million last year to Rs 1.1 billion in the interim budget. Also, the Vijayawada-Gudur third line managed to gain Rs 3.5 billion, which is Rs 1 billion more than last year’s allocation. Also, the allocation for construction of bypass lines at Vijayawada, Kazipet, Reningunta, Wadi and Gooti also surged from a mere Rs 310 million in the 2018-19 budget to Rs 1.43 billion in the interim one.

The SCR has reportedly received Rs 40 billion less than the last year for the development of Tiruchanur station, while the Centre has increased the allocation to the development of a second entry at Tirupati railway station by Rs 45 million. From Rs 2 billion which was granted last year, the allotment of funds for the Vijayawada-Bhimavaram-Nidadabvolu doubling and electrification works has fallen to Rs 1.75 billion. On the same line, the Guntakal-Kalluru doubling project had received Rs 765.2 million last year, while it received Rs 150 million this year.

The highest allocation for railways in Andhra Pradesh is reportedly Rs 7 billion pertaining to the current Nadikudi-Srikalahasti new line project, which was taken up in the 2011-12 fiscal at an estimated cost of Rs 24.50 billion. The state government is expected to share half of the project cost.

The ongoing projects under South Central Railway (SCR) in Andhra Pradesh has reportedly received fund allocation from the Centre. The Centre has sanctioned Rs 59.24 billion for SCR this year. Nearly Rs 23.62 billion, of the sanctioned Rs 59.24 billion, is expected to be spent on the railway development in Andhra Pradesh. However, reports suggest that the government has allocated Rs 13.08 billion less funds in SCR this year, as compared to the 2018-19 budget. In the previous year, the government has sanctioned Rs 36.70 billion for infrastructural development of Andhra Pradesh. The fund approved for Kazipet-Vijayawada third line has been increased from Rs 600 million last year to Rs 1.1 billion in the interim budget. Also, the Vijayawada-Gudur third line managed to gain Rs 3.5 billion, which is Rs 1 billion more than last year’s allocation. Also, the allocation for construction of bypass lines at Vijayawada, Kazipet, Reningunta, Wadi and Gooti also surged from a mere Rs 310 million in the 2018-19 budget to Rs 1.43 billion in the interim one. The SCR has reportedly received Rs 40 billion less than the last year for the development of Tiruchanur station, while the Centre has increased the allocation to the development of a second entry at Tirupati railway station by Rs 45 million. From Rs 2 billion which was granted last year, the allotment of funds for the Vijayawada-Bhimavaram-Nidadabvolu doubling and electrification works has fallen to Rs 1.75 billion. On the same line, the Guntakal-Kalluru doubling project had received Rs 765.2 million last year, while it received Rs 150 million this year. The highest allocation for railways in Andhra Pradesh is reportedly Rs 7 billion pertaining to the current Nadikudi-Srikalahasti new line project, which was taken up in the 2011-12 fiscal at an estimated cost of Rs 24.50 billion. The state government is expected to share half of the project cost.

Next Story
Real Estate

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Next Story
Real Estate

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Next Story
Infrastructure Energy

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App