TRSL begins trainsets production for Namma Metro?s Yellow line project

18 Jun 2024 CW Team

Titagarh Rail Systems Limited (TRSL), a leading provider of comprehensive mobility solutions, has commenced the production of trainsets under a contract with China Railway Rolling Stock Corporation (CRRC).

The contract, originally between BMRCL and CRRC Nanjing Puzhen Co Ltd and signed in December 2019, faced challenges resulting in delays from the initial deadlines. To mitigate these delays in rolling stock supply, CRRC extended its timeline and subsequently entered into a Memorandum of Understanding (MoU) with Titagarh Rail Systems. Under this MoU, Titagarh will manufacture 34 out of the required 36 trainsets for the Yellow Line project at its advanced facility.

According to the press release, "Only two train sets, comprising twelve coaches in total, will be produced in China."

The Yellow Line, spanning 21 km from RV Road to Bommasandra, is a crucial metro line aimed at enhancing connectivity and easing traffic congestion in Bengaluru. Its completion is expected to significantly improve intra-city mobility.

Titagarh has established a dedicated stainless steel production line at its facility to meet the project's specific requirements. Production commenced on May 18, 2024, with the first train set scheduled for delivery in August 2024.

"The company's ongoing investments in advanced manufacturing technologies and its steadfast commitment to quality and innovation continue to bolster its success and contribution to national infrastructure," the release added.

(Source: ET infra)

Infrastructure Transport

04 Jun 2026

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..

Government to Launch Coal Gasification Urea Policy

The government will unveil a coal gasification based policy for urea production within one month, aiming to promote the use of domestic coal feedstock in synthetic fertiliser manufacture. The move seeks to enhance self reliance in fertiliser supply and to provide an alternative route to natural gas based synthesis. Officials said the policy will set out technical standards, permitting norms and incentives for projects that adopt coal gasification technology. It will aim to attract investments from both public sector undertakings and private manufacturers. The scheme will address logistical and..