Railway Board Approves Rs 1.82-Bn for Perambur–Ambattur Lines

25 Jul 2025 CW Team

The Railway Board has sanctioned Rs 1.82 billion for the construction of fifth and sixth railway lines between Perambur and Ambattur on the busy Chennai–Arakkonam route, with the objective of reducing congestion at Chennai Central station.

The existing corridor comprises two fast lines for express trains and two slow lines catering to suburban services. The proposed additional lines, stretching 6.4 km, are designed to support the upcoming Perambur Coaching Terminal, which is expected to handle nearly 75 per cent of the operations currently managed by Chennai Central.

Official sources confirmed that the project will be executed on existing railway land, eliminating the need for land acquisition. The proposal was submitted last year and was included under the 2024–25 umbrella works.

The Perambur–Ambattur section is currently operating at 105.2 per cent of its line capacity, with projections indicating this will rise to 114.4 per cent by 2028–29. The new lines are expected to ease operational bottlenecks and facilitate smoother movement of trains.

The project is estimated to deliver a financial rate of return of 17.45 per cent and support an anticipated rise in freight traffic to 7.03 million tonnes per annum.

News Source: Projects Today

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..