Railway Board Sanctions Funds for Odisha Wagon Workshop

12 Feb 2024 CW Team

The Railway Board has approved a budget of ?2.4477 billion for the establishment of a wagon workshop in Odisha, a move aimed at enhancing the railway infrastructure and operational efficiency in the state. This decision reflects the government's commitment to bolstering the railway sector and promoting industrial development in Odisha.

The proposed wagon workshop will be set up in the Maneswar area of Sambalpur district in Odisha. It is expected to serve as a key facility for the maintenance and repair of railway wagons, catering to the needs of the region's growing railway network.

The establishment of the wagon workshop aligns with the broader goal of modernizing and upgrading railway infrastructure across the country. By investing in state-of-the-art facilities like this workshop, the government aims to improve the reliability and safety of railway operations while also creating opportunities for local employment and economic growth.

Furthermore, the project is expected to have a positive impact on the transportation of goods and commodities in Odisha and the surrounding regions. A well-equipped wagon workshop will ensure that railway wagons remain in optimal condition, facilitating smoother and more efficient movement of goods along the railway network.

Overall, the approval of funds for the wagon workshop in Odisha represents a significant step towards enhancing railway infrastructure and operational capabilities in the state. It underscores the government's commitment to modernizing the railway sector and promoting economic development through strategic investments in critical infrastructure projects.

Infrastructure Transport

19 Sep 2025

Maharashtra Approves Rs 9.31 Bn for Bhandara–Gadchiroli Expressway

The Maharashtra cabinet, chaired by Chief Minister Devendra Fadnavis, has approved the revised design and funding of Rs 9.31 billion for the Bhandara–Gadchiroli controlled access expressway, a project expected to enhance connectivity across Vidarbha.The 94.2 km expressway, to be implemented by the Maharashtra State Road Development Corporation (MSRDC), will cut the Bhandara–Gadchiroli distance by 23 km and reduce travel time to 1.5 hours. Of the sanctioned funds, Rs 5.34 billion has been earmarked for project work and Rs 3.96 billion for interest, with land acquisition to begin shortly.The..

Waaree Energies to Offload 14.66% Stake in Indosolar via OFS

Waaree Energies, promoter of Indosolar, will sell up to 61 lakh equity shares, representing 14.66 per cent of Indosolar’s paid-up capital, through an Offer for Sale (OFS) on stock exchanges. The move is aimed at meeting SEBI’s minimum public shareholding (MPS) norms.The OFS will open for non-retail investors on September 18 (T-day), followed by retail investors on September 19 (T+1 day), through a dedicated trading window. Each share carries a face value of Rs 10.Antique Stock Broking has been appointed as the seller’s broker to manage the transaction, ensuring compliance and transparenc..

Gujarat Adds 6,632 MW Renewable Capacity in 2025

Gujarat has added 6,632 MW of renewable energy capacity between April and August 2025, taking its total installed capacity to 39,275.7 MW.The surge is driven by large-scale solar parks, hybrid solar-wind projects, and enhanced transmission infrastructure, further cementing Gujarat’s position as a renewable energy leader.Officials said the expansion supports the state’s sustainable energy goals while strengthening grid reliability and ensuring long-term energy security.News source: Bharat Aawaz ..