Odisha Gets Rs 106 Bn in Rail Budget Up Rs 130 Mn
RAILWAYS & METRO RAIL

Odisha Gets Rs 106 Bn in Rail Budget Up Rs 130 Mn

Over the past three years, Odisha has received over Rs 100 billion annually for railway development, contributing to a total investment of Rs 780 billion in the state during the last decade under the NDA government. In addition, projects worth Rs 200 billion have been sanctioned to further boost the state's railway infrastructure.

The multi-tracking project from Kolkata to Chennai is progressing steadily, with significant progress made between Kolkata and Bhadrak. Work on the third line is already underway, and plans for the fourth line are in the pipeline.

From 2014 to 2025, Odisha has constructed over 2,046 km of new tracks, a network larger than the entire rail system of Malaysia. Additionally, the state has achieved 100% electrification with 1,516 km of track now electrified.

The Kavach safety system has been sanctioned for 1,898 km of rail lines in Odisha, with ongoing work and tenders for 645 km. A total of 1,000 locomotives will be integrated with the system to enhance safety.

Furthermore, six Vande Bharat trains now operate across the state, connecting 17 districts with 25 unique stoppages, improving connectivity and modernising transportation in Odisha.

News source: New Indian Express

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Over the past three years, Odisha has received over Rs 100 billion annually for railway development, contributing to a total investment of Rs 780 billion in the state during the last decade under the NDA government. In addition, projects worth Rs 200 billion have been sanctioned to further boost the state's railway infrastructure. The multi-tracking project from Kolkata to Chennai is progressing steadily, with significant progress made between Kolkata and Bhadrak. Work on the third line is already underway, and plans for the fourth line are in the pipeline. From 2014 to 2025, Odisha has constructed over 2,046 km of new tracks, a network larger than the entire rail system of Malaysia. Additionally, the state has achieved 100% electrification with 1,516 km of track now electrified. The Kavach safety system has been sanctioned for 1,898 km of rail lines in Odisha, with ongoing work and tenders for 645 km. A total of 1,000 locomotives will be integrated with the system to enhance safety. Furthermore, six Vande Bharat trains now operate across the state, connecting 17 districts with 25 unique stoppages, improving connectivity and modernising transportation in Odisha. News source: New Indian Express

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement