NHSRCL Begins Work on Expanding Bullet Train Network

25 Jul 2025 CW Team

The National High Speed Rail Corporation Limited (NHSRCL) has initiated the preparation of Detailed Project Reports (DPRs) for expanding India’s bullet train network beyond the Mumbai-Ahmedabad route. NHSRCL, a joint venture between the Government of India and state governments, is the key implementation agency for high-speed rail (HSR) projects.

In a written reply to the Lok Sabha, Railway Minister Ashwini Vaishnaw stated that efforts are being made to meet growing travel demand between key commercial and tourist hubs by expanding HSR beyond the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.

“DPRs are being prepared to expand the HSR network across the country, focusing on cities with economic and tourist importance,” Vaishnaw noted.

He added that new HSR corridors depend on multiple factors like technical feasibility, financial viability, passenger demand, and funding availability. The existing MAHSR project benefits from technical support and financial aid from Japan.

Future bullet train corridors proposed under the National Rail Plan include Delhi–Varanasi, Delhi–Ahmedabad, Mumbai–Nagpur, Mumbai–Hyderabad, Chennai–Mysore, Delhi–Amritsar, and Varanasi–Howrah.

The entire MAHSR corridor is expected to be completed by December 2029, with the Gujarat stretch from Vapi to Sabarmati due by December 2027.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..