Tunnel Breakthrough Marks Progress on Koraput–Singapur Line

04 Dec 2025 CW Team

A major milestone has been achieved in the Koraput–Singapur Road doubling project with the successful breakthrough of Tunnel No. 35. The 630-metre tunnel, located between Sikarpai (SKPI) and Keutguda (KTGA) stations in the Waltair Division, has been completed with full alignment accuracy.

Constructed on a five-degree curve in a horseshoe profile, the tunnel spans chainage Km 148.12 to Km 148.75. The work falls under the jurisdiction of the Chief Engineer, Construction-II, Visakhapatnam. Senior engineering officials from the Waltair Division visited the site to witness the breakthrough.

This achievement represents a significant step towards improving rail connectivity and expanding capacity along the Koraput–Singapur Road section. The completion of Tunnel No. 35 underscores East Coast Railway’s commitment to infrastructure development carried out with precision and high quality standards.

Once the doubling of the line is completed, the project is expected to strengthen regional connectivity and support broader development in the area.

Resources

11 May 2026

JSW One Elevates Mayank Gupta as CFO

JSW One Platforms has elevated Mayank Gupta as Chief Financial Officer as the company strengthens its leadership team to support its next phase of growth and institutional expansion.Gupta, who earlier served as Chief Operating Officer, has played a key role in scaling the company’s integrated commerce, supply chain and finance ecosystem. In his new role, he will oversee strategic finance, treasury, governance, capital allocation and financial planning.Gaurav Sachdeva, Joint Managing Director and CEO, JSW One Platforms, said Gupta’s operational understanding and financial expertise make him..

India and EU Launch 15.2 Million Euro EV Battery Recycling Initiative

India and the European Union launched a third coordinated call for proposals on the recycling of electric vehicle batteries under the India-EU Trade and Technology Council Working Group two on five May 2026, with submissions due on 15 September 2026. The initiative is aimed at securing critical raw materials and accelerating the transition to a circular economy while deepening bilateral relations. The announcement was made by officials from the Office of the Principal Scientific Adviser and the European Commission. The call has a combined funding pool of 15.2 million euros (15.2 mn euros) and ..

Aptus Value Posts Strong FY26 Results And Asset Quality

Aptus Value Housing Finance India Limited on six May 2026 reported results for the quarter and year ended 31 March 2026. Assets under management (AUM) stood at Rs 131.07 bn, up 21 per cent year on year. The company said improved field execution and sustained demand supported the growth. Disbursements in the fourth quarter were Rs 12.42 bn, up 17 per cent year on year, and full year disbursements were Rs 40.09 bn, up 11 per cent. Total income for FY26 was Rs 22.46 bn, up 25 per cent, and net profit for the year was Rs 9.43 bn, a rise of 26 per cent. Quarterly net profit was Rs 2.61 bn. For the ..