TVS ILP Raises Rs 13 Billion Via Warehousing InvIT

Indian Railways Sanctions 237 Projects Worth Rs 1.9 Trn

The Indian Railways has sanctioned 237 projects (including 40 new lines, 17 gauge conversions, and 180 doubling schemes) totalling 9,703 km at an estimated Rs 1.90 trillion since FY23, Minister Ashwini Vaishnaw told Parliament.Additionally, 892 route surveys covering 61,462 km have been sanctioned during this period. The pace of track commissioning has increased, with 34,428 km added from 2014–2025, compared to 7,599 km from 2009–2014.This acceleration is credited to the PM Gati Shakti National Master Plan, which has improved project coordination and reduced costs through better survey met..

Kernex Wins Rs 21 Crore Kavach Safety Upgrade Contract

Kernex Microsystems (India) Ltd has secured a Rs 21.03 crore order from South Central Railways to upgrade the Kavach automatic train protection (ATP) system on the Bidar–Parli Vaijnath section.The contract, awarded to the Kernex–VRRC JV, involves upgrading Kavach from Version 3.2 to 4.0 along the route between Sadashivpet Road and Parbhani. The stations themselves are excluded from the scope.The project is expected to be completed within 24 months. Kavach is India’s indigenous ATP system aimed at enhancing train safety by preventing collisions and signal-passing incidents. ..

MAHSR Corridor from Maha to Sabarmati to Complete by 2029

The entire Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor is expected to be operational by December 2029, Railway Minister Ashwini Vaishnaw informed the Lok Sabha. The Gujarat segment from Vapi to Sabarmati is slated for completion by December 2027.Covering 508 km and passing through Gujarat, Maharashtra, and Dadra & Nagar Haveli, the project includes 12 stations. Japan International Cooperation Agency (JICA) is funding 81% (Rs 88,000 crore) of the total Rs 1,08,000 crore cost, with the rest shared by the Railways and the two state governments.As of June 30, a cumulative Rs 78,839 crore..