Rs.105.86 Bn Allocated for Odisha Rail Projects: Ashwini Vaishnaw

26 Jul 2024 CW Team

The Indian Railways has allocated ?105.86 billion for various rail infrastructure projects in Odisha for the fiscal year 2024-25. Railway Minister Ashwini Vaishnaw announced this significant funding boost, aiming to transform the rail network in the state and improve connectivity.

This allocation will support the development of several key projects, including new railway lines, station upgrades, and modernization efforts. Among the highlighted initiatives is the enhancement of the Khurda Road-Balangir line and the construction of new routes to better connect remote areas with major cities.

The investment is expected to address several long-standing infrastructural gaps, reduce travel times, and increase operational efficiency. It will also focus on improving safety measures, such as the installation of advanced signalling systems and track upgrades.

In addition, the funds will be utilised for the expansion of existing facilities, including the construction of new passenger amenities and freight handling capabilities. This comprehensive approach aims to boost both passenger and cargo transportation, contributing to the economic development of the region.

Vaishnaw emphasised that the substantial allocation reflects the central government's commitment to enhancing rail infrastructure in Odisha. The focus on modernization and capacity expansion is part of a broader strategy to revitalise the railway sector, improve regional connectivity, and support economic growth across the state.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..