Rail projects worth Rs 33.6k cr approved for MMR
RAILWAYS & METRO RAIL

Rail projects worth Rs 33.6k cr approved for MMR

An official said that projects worth Rs 33,690 crore were approved with the goal of creating additional infrastructure for Mumbai's suburban railway network, which is often referred to as the lifeline of the country's financial capital and its surrounding metropolitan region.

The projects were approved in the presence of Maharashtra Chief Minister Eknath Shinde, Deputy Chief Minister Devendra Fadnavis, and Mumbai Railway Development Corporation officials, he said.

"The projects include the construction of Western Railway's 5th and 6th lines between Borivali and Virar." Similarly, the third and fourth lines on Central Railway between Kalyan and Badlapur (15 km) were approved," according to a CMO statement.

"Another major decision is extending the current Harbour line from Goregaon to Borivali, which is a seven km distance. All these works will help the railways run more suburban as well as long-distance trains," the official said.

Also Read
FY24 procurement target through GeM likely to set trillion
Blue Star expects 25-30% growth for ACs during the summer

An official said that projects worth Rs 33,690 crore were approved with the goal of creating additional infrastructure for Mumbai's suburban railway network, which is often referred to as the lifeline of the country's financial capital and its surrounding metropolitan region. The projects were approved in the presence of Maharashtra Chief Minister Eknath Shinde, Deputy Chief Minister Devendra Fadnavis, and Mumbai Railway Development Corporation officials, he said. The projects include the construction of Western Railway's 5th and 6th lines between Borivali and Virar. Similarly, the third and fourth lines on Central Railway between Kalyan and Badlapur (15 km) were approved, according to a CMO statement. Another major decision is extending the current Harbour line from Goregaon to Borivali, which is a seven km distance. All these works will help the railways run more suburban as well as long-distance trains, the official said. Also Read FY24 procurement target through GeM likely to set trillion Blue Star expects 25-30% growth for ACs during the summer

Next Story
Products

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..

Next Story
Infrastructure Energy

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..

Next Story
Infrastructure Energy

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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?