Railways Utilizes 61% of Capex Budget

14 Nov 2024 CW Team

Indian Railways has spent 61% of its budgeted capital expenditure (capex) allocation by October 2024, totaling ?1.63 lakh crore. This expenditure is part of the ongoing efforts to modernize infrastructure, enhance safety, and improve passenger services. The capex focus includes projects related to track doubling, electrification, station redevelopment, new trains, and upgrading signaling systems, as part of the larger transformation plan to meet growing transportation demands.

The capital allocation for the fiscal year is ?2.66 lakh crore, with a significant portion being invested in high-priority projects, including dedicated freight corridors, railway electrification, and the development of high-speed rail systems. These investments are expected to not only improve operational efficiency but also support the government’s goal of making the Indian Railways more sustainable and competitive.

The railways' ongoing modernization efforts are also aligned with its commitment to achieving net-zero emissions by 2030. Significant strides have been made in the transition to electrified rail lines and the development of green technologies, such as solar-powered trains and energy-efficient systems, reducing dependency on fossil fuels.

Infrastructure Energy

28 Aug 2025

REC Hosts 56th AGM, Highlights Record Growth and Sustainability

REC Limited conducted its 56th Annual General Meeting (AGM) today through video conferencing, chaired by Jitendra Srivastava, Chairman & Managing Director. The meeting highlighted the company’s record operational and financial performance during the year, along with its strong focus on sustainability and ESG-led initiatives.Jitendra Srivastava, Chairman & Managing Director, in his address noted that REC achieved significant milestones during the year, strengthening its position as a performance-driven public financial institution. Loan sanctions stood at Rs 3.37 trillion, with disbur..

ADGBR Reviews Road Projects under Project Vartak

Additional Director General Border Roads (ADGBR) Jitendra Prasad conducted a four-day review of ongoing road and bridge construction works under Project Vartak in the area of responsibility (AoR) of the 42 Border Roads Task Force (BRTF) from 19 to 22 August.Prasad inspected key infrastructure projects including the Balipara–Charduar–Tawang (BCT) road, Sela–Chabrela–Banga Janga Gonpa road, Banga Janga Gonpa–Lagamche GG road, the Sela tunnel, and multiple roads in the Nelya sector.At various construction sites, project officials briefed him on project scope, progress, timelines, and op..

Nitin Gadkari Launches Three Highway Projects in Madhya Pradesh

Union Minister for Road Transport and Highways, Nitin Gadkari, laid the foundation stone for three National Highway (NH) projects in Madhya Pradesh on 24 August. According to the Ministry of Road Transport and Highways (MoRTH), the projects are designed to reduce travel time, ease congestion, enhance road safety, and improve connectivity across key corridors.The first project covers the four-laning of the 17.87 km Amazhar–Barela stretch, completing the Jabalpur Ring Road. The upgrade will divert heavy vehicles away from the city, reduce accident risks, and ensure smoother connectivity from A..