New leader takes charge of bullet train project

09 Feb 2024 CW Team

The new head of India's Bullet train project assumed office as Senior Railway Service Officer Vivek Kumar Gupta. A statement from the National High-Speed Rail Corporation (NHSRCL) indicated that Gupta had previously served as the Principal Executive Director (Gati-Shakti) at the Railway Board.

In his prior position, Gupta held responsibility for the coordinated functioning of various directorates, including Civil (Works, Project Monitoring & Station Development), Electrical (RE), Signal & Telecommunication, Traffic, Finance, Planning, and Economic Directorates.

The NHSRCL, a Special Purpose Vehicle with equity participation from the Central Government through the Ministry of Railways and two State Governments of Gujarat and Maharashtra, is overseeing the implementation of India's inaugural bullet train project.

The NHSRCL also announced plans to install 28 seismometers along the Mumbai-Ahmedabad High-Speed Rail Corridor to ensure the safety of passengers and critical infrastructure during earthquakes. According to the statement, this Early Earthquake Detection System, based on Japanese Shinkansen technology, will identify earthquake-induced tremors through primary waves and facilitate an automatic power shutdown.

NHSRCL further added that emergency brakes would be activated upon detecting the power shutdown, causing trains in the affected area to come to a stop.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..