Railways to spend Rs 900 bn on optimising freight movement
RAILWAYS & METRO RAIL

Railways to spend Rs 900 bn on optimising freight movement

The Ministry of Railways will roll out projects worth Rs 900 billion in the coming months to remove bottlenecks in the movement of freight, Union Minister of Railways Ashwini Vaishnaw said on Sunday.

“By now, we have identified projects worth Rs 90,000 crore, or $10 billion, to remove all potential bottlenecks in the movement of freight. Some of these are small projects, some are bigger in scale. The projects will be sanctioned in the coming months, and will help us realise the aspiration of loading 3,000 million tonnes of goods,” Vaishnaw said at the 17th Foundation Day of the Dedicated Freight Corridor Corporation of India Ltd (DFCC).

The minister did not go into the particulars of the new projects, which he said are being closely monitored for a rollout by Railway Board Chairman V K Tripathi. At the start of the financial year, the ministry had rolled out a Rs 1.5-trillion procurement plan to augment railway performance.

“The prime minister sincerely believes that the only way to transform the Indian economy is to transform Indian Railways. This shows that the support for railways is foremost in the minds of the top leadership of this country,” the minister said.

Under Mission 3000, the national transporter intends to double its cargo loading from 1,418 mt in 2021-22 to 3,000 mt by 2027.

See also:
NF Railway track, bridge renewal drive picks up speed
Railways to rent out decommissioned coaches to running restaurants


The Ministry of Railways will roll out projects worth Rs 900 billion in the coming months to remove bottlenecks in the movement of freight, Union Minister of Railways Ashwini Vaishnaw said on Sunday. “By now, we have identified projects worth Rs 90,000 crore, or $10 billion, to remove all potential bottlenecks in the movement of freight. Some of these are small projects, some are bigger in scale. The projects will be sanctioned in the coming months, and will help us realise the aspiration of loading 3,000 million tonnes of goods,” Vaishnaw said at the 17th Foundation Day of the Dedicated Freight Corridor Corporation of India Ltd (DFCC). The minister did not go into the particulars of the new projects, which he said are being closely monitored for a rollout by Railway Board Chairman V K Tripathi. At the start of the financial year, the ministry had rolled out a Rs 1.5-trillion procurement plan to augment railway performance. “The prime minister sincerely believes that the only way to transform the Indian economy is to transform Indian Railways. This shows that the support for railways is foremost in the minds of the top leadership of this country,” the minister said. Under Mission 3000, the national transporter intends to double its cargo loading from 1,418 mt in 2021-22 to 3,000 mt by 2027. See also: NF Railway track, bridge renewal drive picks up speedRailways to rent out decommissioned coaches to running restaurants

Next Story
Infrastructure Energy

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Next Story
Real Estate

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world..

Next Story
Real Estate

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App