Rs.105.86 Bn Allocated for Odisha Rail Projects: Ashwini Vaishnaw
RAILWAYS & METRO RAIL

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

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.

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.

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement