Rail electrification hits 41% FY24 target

19 Jan 2024 CW Team

In a significant development, the rail electrification initiative in India has reached a noteworthy milestone by achieving 41% of its target for the fiscal year 2024. As the electrification drive enters its final leg, key railway routes are witnessing a rapid transition to sustainable and efficient electric power. This achievement underscores the commitment to enhancing the country's railway infrastructure and reducing dependence on traditional fossil fuels.

The electrification initiative, a critical aspect of the modernization strategy for the railway network, aims to enhance efficiency, reduce carbon emissions, and promote sustainability. The successful progress towards the FY24 target reflects the dedicated efforts of the authorities involved in the ambitious project.

Several key routes have witnessed substantial electrification, paving the way for more eco-friendly and cost-effective rail operations. The shift towards electric power aligns with global trends emphasising cleaner and greener transportation systems.

Investments in electrification projects are contributing not only to environmental conservation but also to economic development. Electrified rail networks offer improved reliability and lower operating costs over the long term, making them a strategic investment for the future.

As the drive enters its last leg, stakeholders anticipate further advancements and increased momentum towards achieving the remaining targets. The successful electrification of railway lines is poised to transform the Indian rail sector, fostering sustainability and efficiency for years to come.

Real Estate

31 Oct 2025

Birla Estates Tops Global GRESB 2025 Rankings

Birla Estates (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate (formerly Century Textiles and Industries Limited), has been recognised as a Sector Leader in the 2025 GRESB Real Estate Assessment, securing top honours across multiple global and regional categories.Birla Estates’ Achievements in GRESB 2025:Global Sector Leader – ResidentialGlobal Sector Leader – Non-Listed ResidentialRegional Sector Leader – Asia – ResidentialRegional Sector Leader – Non-Listed – Asia – ResidentialThese distinctions reaffirm Birla Estates’ exceptional performance in Environmental, ..

Progota India Secures RDSO Clearance for Kavach 4.0

Concord Control Systems, one of India’s leading manufacturers of embedded electronic and critical system solutions, announced that its associate company, Progota India, has received Technical Prototype Clearance from the Research Designs and Standards Organisation (RDSO) for Kavach 4.0, the latest version of Indian Railways’ indigenous Automatic Train Protection (ATP) system.With this clearance, Progota has been formally approved to execute its ongoing trial order from South Central Railway, marking a key milestone in India’s railway modernization journey. The approval also establishes P..

MPS Interactive Systems Completes Full Acquisition of Liberate Group

MPS Interactive Systems (MPSi), a material subsidiary of MPS, has completed the acquisition of the remaining shareholding in the Liberate Group of Companies—comprising Liberate Learning, App-eLearn, and Liberate eLearning.With this transaction, MPSi now holds 100 per cent ownership of all entities within the Liberate Group, making them its wholly owned subsidiaries. The acquisition was executed in line with the valuation methodology defined in the original transaction documents.Commenting on the development, Rahul Arora, Chairman and CEO of MPS, said, “The corporate learning sector continu..