Indian Railways to transform with $325 Billion investment

17 Aug 2023 CW Team

The crux of these transformative initiatives lies in the strategic integration of the Engineering, Procurement, and Construction (EPC) model, which is set to streamline execution, ensuring rapid development across the board.

Collectively, these projects encompass a length of 2,339 kilometres, serving to expand the existing rail network substantially and providing a significant boost to accessibility and connectivity. Ashwini Vaishnaw emphasised the interdependence of these projects, urging stakeholders to perceive them holistically, as they collectively contribute to the modernization and advancement of Indian Railways.

The projects extend beyond mere expansion, aiming to alleviate congestion and elevate operational efficiency, thus revolutionising the rail ecosystem.

A standout feature of these projects is their complete funding by the central government, underlining a resolute commitment to the comprehensive overhaul of India's rail infrastructure.

Encompassing 35 districts across states such as Andhra Pradesh, Bihar, Gujarat, Jharkhand, Maharashtra, Odisha, Telangana, Uttar Pradesh, and West Bengal, these initiatives are projected to not only elevate infrastructure but also augment freight capacity by accommodating an additional 200 million tonnes of freight traffic annually.

The government's comprehensive presentation accentuates that these projects go beyond infrastructural advancements, serving as catalysts for substantial employment generation. Approximately $70.6 million person-days of work are anticipated to be created for residents in the states where these transformative projects are being executed, reiterating the government's commitment to holistic development and progress.

Indian Railways is on the cusp of a transformational journey as the Union Cabinet, chaired by Prime Minister Narendra Modi, grants approval to seven ambitious multi-tracking projects, injecting a substantial investment of $325 billion. Union Railway Minister Ashwini Vaishnaw, in a recent briefing, underscored the monumental impact these projects are poised to deliver, ushering in a new era of rail efficiency and connectivity.The crux of these transformative initiatives lies in the strategic integration of the Engineering, Procurement, and Construction (EPC) model, which is set to streamline execution, ensuring rapid development across the board.Collectively, these projects encompass a length of 2,339 kilometres, serving to expand the existing rail network substantially and providing a significant boost to accessibility and connectivity. Ashwini Vaishnaw emphasised the interdependence of these projects, urging stakeholders to perceive them holistically, as they collectively contribute to the modernization and advancement of Indian Railways.The projects extend beyond mere expansion, aiming to alleviate congestion and elevate operational efficiency, thus revolutionising the rail ecosystem.A standout feature of these projects is their complete funding by the central government, underlining a resolute commitment to the comprehensive overhaul of India's rail infrastructure.Encompassing 35 districts across states such as Andhra Pradesh, Bihar, Gujarat, Jharkhand, Maharashtra, Odisha, Telangana, Uttar Pradesh, and West Bengal, these initiatives are projected to not only elevate infrastructure but also augment freight capacity by accommodating an additional 200 million tonnes of freight traffic annually.The government's comprehensive presentation accentuates that these projects go beyond infrastructural advancements, serving as catalysts for substantial employment generation. Approximately $70.6 million person-days of work are anticipated to be created for residents in the states where these transformative projects are being executed, reiterating the government's commitment to holistic development and progress.

Products

06 Oct 2025

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Infrastructure Energy

06 Oct 2025

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

Infrastructure Energy

06 Oct 2025

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..