RAILWAY CORRIDORS
Railway stocks surge up to 17% on order boost
Railway stocks surged as Minister Ashwini Vaishnaw announced 12,500 new coaches, and RVNL partnered with Delhi Metro Rail. IRCON, BEML, Railtel, Texmaco Rail Engineering, and IRFC saw gains.
Bengaluru Circular Rail Link project work starts. Key updates, routes and other details
The 287-km Bengaluru Circular Rail Link aims to reduce congestion and enhance connectivity around the city's outskirts with a Rs 23,000 crore budget. The state government will cover land acquisition costs, while the Railways handle construction. The project, crucial for complementing the Bengaluru Suburban Rail Project, is progressing with the detailed project report for Devanahalli to Doddaballapur nearly complete.
PM GatiShakti: Eight infra projects worth ₹13,000 crore evaluated
During the meeting, all projects were evaluated for their integrated planning and conformity with the PM GatiShakti principles. Emphasis was placed on the socio-economic benefits, improved connectivity, reduced transit costs and enhanced efficiency. The railways project, from Manmad to Jalgaon, involved an estimated investment of Rs 2,594 crore. The other project (from Bhusawal to Burhanpur) involve investments of Rs 3,285 crore.
The train from Russia: How a new route can change things for India
A multimodal route that includes a railway, roadway network and seaports, the INSTC spans 7,200km (4,500 miles) from St. Petersburg to the port of Mumbai in India. The corridor is part of Russia’s push to find new transport routes in light of Western sanctions, which have forced it to shift trade flows from Europe to Asia and the Middle East.
Russia exports major consignment via INSTC ahead of PM Modi’s Moscow trip
The consignment will reach Mumbai port via Bandar Abbas port in Iran, ET has learnt. “For the first time, two trains with Kuzbass coal headed to India along the International North-South Transport Corridor. The trains set off from the Kemerovo region. They followed along the eastern branch of the INSTC through Kazakhstan and Turkmenistan to the Iranian port of Bandar Abbas,” Russian Railways said on Monday in a statement.
Cabinet approves Rs 76,220 crore Vadhavan port
The Union Cabinet approved India's 13th Major Port at Vadhavan in Maharashtra worth Rs 76,220 crores. The project will create additional capacity and operate on a 'landlord model' under a PPP model.
- Go To Page 1
Kanchanjungha Express Train Accident: Why was Kavach missing? Another disaster brings focus back to anti-collision system
Kanchanjungha Express Train Accident: A goods train collided with the Kanchanjungha Express collided near New Jalpaiguri, resulting in several deaths and over 60 injuries. The incident highlighted the absence of the railway's anti-collision system, "Kavach," designed to prevent such accidents. Developed by Indian Railways, Kavach aids in avoiding signal breaches and speeding, enhancing safety during adverse weather. Implementation challenges remain as Railways aims to cover 70,000 km with Kavach.
Kolkata Metro to get battery power for moving stranded train
Kolkata's Metro Railway is installing a Battery Energy Storage System in the Dakshineswar-New Garia corridor to move trains during power outages, enhancing safety and energy efficiency.
President Xi & Pak PM Sharif discuss deepening strategic cooperation
Chinese President Xi Jinping and Pakistan Prime Minister Shehbaz Sharif discussed deepening strategic cooperation as Pakistan opts out of attending Narendra Modi's swearing-in ceremony with other SAARC leaders.
Mumbai CSMT, Thane platforms being extended to accommodate 24-coach trains: Central Railways
The Central Railways is working on Thane’s platform 5/6 and Mumbai CSMT’s platform 10/11 to run 24-coach trains. A 63-hour megablock that started Thursday midnight has affected suburban services. The block has lead to the cancellation of 930 suburban locals and 86 long-distance trains causing inconvenience to passengers. Extra UTS counters have been opened at Dadar for affected trains.
Central Railway's 63-hr block: Mumbai's suburban services grind to a halt as 930 local trains cancelled
Central Railway's suburban services faced disruptions due to a 63-hour block for widening platforms at Thane station, causing inconvenience to commuters. The Maharashtra government permitted public service vehicles in the Mumbai Metropolitan Region to operate during the block, easing travel woes. Railway authorities urged commuters to avoid non-essential train travel and announced the cancellation of several trains. Work progress at Thane station was ahead of schedule, with services expected to normalize soon.
Mumbai's Central Railway starts 63-hour mega block, commuters face delay, overcrowding on local trains
Mumbai Central Railway's suburban services faced delays and overcrowding due to a 63-hour block for platform widening at Thane, causing inconvenience to office-goers. Delays up to 30 minutes and packed trains were reported. CR cancelled six long-distance trains and 161 local services. CR has urged commuters to avoid unnecessary travel and instructed workplaces to accommodate work-from-home options.
New railway line to connect Noida Airport with Palwal and Chola for connectivity to Kolkata, Mumbai, and Chennai
In a significant move for regional connectivity, a new 60km railway line is proposed between Chola and Rundhi to link Noida International Airport with routes to Howrah, Chennai, and Mumbai. The project, estimated at Rs 2,400 crore, aims to serve over 1.2 lakh people initially and includes five railway flyovers and integration with existing networks. Construction is expected to take three years.
Pakistan PM Shehbaz Sharif to visit China next month for formal launch of second phase of CPEC
Pakistan Prime Minister Shehbaz Sharif will visit China in the first week of next month to join the formal launching of the second phase of the USD 60 billion China-Pakistan Economic Corridor, according to a media report on Saturday. A source in the Prime Minister's Office told the Dawn newspaper that Prime Minister Sharif was scheduled to leave for China on June 4, but the date of the visit could slightly be changed.
Good news for Rapid Rail users: Trial run for Anand Vihar and Ashok Nagar stations to start soon
The trial run of RRTS trains from Sahibabad to Anand Vihar and New Ashok Nagar is set to begin by year-end, marking a milestone in the Delhi-Ghaziabad-Meerut corridor development. Currently, only a 34-km stretch between Sahibabad and Modi Nagar North is operational. Puneet Vats, NCRTC's Chief Public Relations Officer, anticipates completion by June 2025. Stations like Sarai Kale Khan aim for seamless integration, ensuring convenient multi-modal transit.
Namo Bharat stations to soon have shopping, banking facilities
The National Capital Region Transport Corporation announced amenities at Namo Bharat train stations to enhance passenger convenience, aiming to improve commuter experience and provide opportunities for various establishments.
Reach Europe 20 days earlier and for 30% cheaper: How Chabahar port helps India expand its trade footprints globally
India’s pact with Iran to develop the Chabahar port will give a boost to the multimodal transportation network called the International North-South Transport Corridor, enabling exports from South Asia to reach Europe and Russia.
China, Pakistan discuss realignment of Karakoram Highway, speed up CPEC projects
China-Pakistan discussed CPEC projects, Gwadar Port, and KKH realignment. They addressed ML-I upgradation, Dasu Hydropower Project, and security concerns in the region.
Why warehousing is a booming asset class for discerning investors in India
The demand for modern warehousing facilities is touching a new high as e-commerce and retail sales are seeing a surge with each passing day in India.
Rs 11 lakh cr investment, a super app and more bullet trains: Modi govt's mega plan for world-class Indian Railways
Indian Railways is gearing up for a transformative 100-day plan post-Lok Sabha polls 2024, focusing on passenger-friendly measures. The plan includes a 24-hour ticket refund scheme, a comprehensive "super app" for passengers, and the launch of the final stretch of the Udhampur-Srinagar-Baramula Rail Link project. Additionally, sleeper versions of Vande Bharat trains are in the works, along with the introduction of India's first vertical lift railway bridge and plans to expedite the Ahmedabad-Mumbai bullet train project.
High capex, railway corridors, focus on seafood to boost India's exports: Exporters
. The government has proposed to step up the implementation of PMMSY by enhancing aquaculture productivity from existing 3 tonne to 5 tonne per hectare, and setting up five integrated aqua parks.
Bullet train project gets new head
In his earlier role, Vivek Kumar Gupta was responsible for the integrated functioning of Civil (Works, Project Monitoring & Station Development), Electrical (RE), Signal & Telecommunication, Traffic, Finance, Planning, and Economic Directorates. National High-Speed Rail Corporation Limited (NHSRCL) is a Special Purpose Vehicle with equity participation by Central Government through Ministry of Railways and two State Governments of Gujarat and Maharashtra. It is implementing India's first bullet train project.
3 new railway corridors will solve problem of passenger wait list: Railway Minister
Railway Minister Ashwini Vaishnaw stated that the three multi-modal economic corridors announced in India's interim budget will address the problem of passenger ticket waitlists. The budget for 2024-25 includes three major economic railway corridor programs: energy, mineral, and cement corridors; port connectivity corridors; and high-traffic density corridors. Vaishnaw mentioned that laying 40,000 km of rail tracks as part of these corridors would enhance network capacity, eliminating the issue of ticket waitlists by around 2030-31. The corridors aim to boost network capacity and create additional rail infrastructure, providing efficient, cost-effective, and sustainable transportation.
Railway Budget 2024: Railways get a boost as Sitharaman announces more Vande Bharat trains, three 'major' corridors
Railway Budget 2024: Railways is one of the key drivers of the PM GatiShakti scheme and the National Logistics Policy. The PM GatiShakti – the National Master plan for multi-modal connectivity – has a size of Rs 100 lakh crore, which aims to achieve decongestion of railway infrastructure by 51% by 2024-25. The substantial fund allocation was aimed at the ambitious project of laying new railway lines, aimed at easing congestion within the Indian Railways network and ensuring its preparedness for the future.
Interim Budget 2024: Logistics sector gets a Rs 11-lakh-cr boost; but industry players await clarity
The FM has increased allocation to improve logistics. Companies want measures on ease of doing business & GST relief, as well as concrete measures to reach the goals.
Interim Budget 2024: Govt to launch new scheme to fuel deep-tech innovation in defence
Interim Budget 2024: A new scheme will be launched to strengthen deep tech for the defence sector, Finance Minister Nirmala Sitharaman said. Presenting the interim Budget 2024-25, Finance Minister Nirmala Sitharaman also said the government will promote public and private investment in post-harvesting agriculture activities.
Load More
