Infrastructure Leasing and Financial Services Limited (IL&FS) has completed the sale and transfer process of Sikar Bikaner Highway Limited (SBHL) to Infrastructure Investment Trust (InvIT)-Roadstar Infra Investment Trust at a cost of Rs 3,755 million. […]
KNR Ramagiri Infra, a wholly owned subsidiary of KNR Constructions, has achieved financial closure from the National Highways Authority of India (NHAI) for the Chittoor-Thatchur Highway Package III. The scope of construction involves the extension […]
GR Infraprojects Limited received the completion certificate (CC) for Package IV of the Delhi-Meerut Expressway Project (NH-24, NH-58). Commercial operations for the project commenced on March 1, 2022. Package IV involved the construction of a […]
IR intends to award around 40 stations for redevelopment in 2022-23. Of the 40, 32 will be redeveloped by different zones of the national transporter while eight will be undertaken by the Rail Land Development […]
In a similar development, Banaras Locomotive Works (BLW) has set a new record by manufacturing the highest number of locomotives till date during 2021-22. A total of 367 locomotives were manufactured this year including locomotives […]
In a notable development, Chittaranjan Locomotive Works (CLW) has achieved a remarkable accomplishment by producing record 486 locomotives in 2021-22 against the Railway Board’s production target of 485 locos. This milestone has been achieved by […]
In a notable development, the electrification work on the 741 km long Roha-Thokur railway line doubling-cum-electrification project has been completed. With this, the entire project has been completed. The Commissioner of Railway Safety (CRS) granted […]
Indian Railways (IR) has achieved milestones in various categories during 2021-22. These include freight loading, electrification, new line/doubling/ gauge conversion, locomotive production and integration of technology for ensuring safety. It has successfully loaded freight goods […]
In a bid to promote the use of EVs, NITI Aayog has prepared a draft policy for IR to set up EV charging infrastructure at railway stations across the country. The policy is still under […]
In another development, the South Western Railway (SWR) zone has registered originating revenue of Rs 43.85 billion till December 2021, 65 per cent higher than the revenue generated in the corresponding period of the previous […]
Reportedly, the Madurai railway division registered a revenue of Rs 5.1 billion in the April-December 2021 period, Rs 2.5 billion more than the revenue generated in the corresponding period of the previous year. The revenue […]
In a notable development, IR has achieved 100 per cent electrification on three of its zones – the Kolkata Metro, West Central Railway and East Coast Railway. The national transporter is working to become the […]
Indian Railways (IR) is planning to restore passenger traffic to pre-pandemic levels, although with lower revenue expectations. According to budget estimates for 2022-23, the national transporter is expecting to commute 8.6 billion passengers in a […]
The Kerala government has announced a compensation package worth Rs 132.65 billion to acquire land for the Kerala semi-HSR corridor project (Silver Line). The project, known as Silver Line, involves construction of 529.45 km third […]
The MoR has started three new trains in Lucknow and opened a new coaching complex at Gomti Nagar station. Meanwhile, in Uttar Pradesh, railway projects worth Rs 97 billion are under construction. Gomti Nagar station, in […]
IR has decided to implement the redevelopment of the Chhatrapati Shivaji Maharaj Terminus (CSMT) project on the hybrid annuity model (HAM). The same has been approved by NITI Aayog and is awaiting approval from the […]
About 98 per cent of land has been acquired for the Mumbai-Ahmedabad high speed rail (HSR) corridor project in Gujarat. The project involves the development of a 508 km long Mumbai-Ahmedabad HSR corridor in Maharashtra […]
Indian Railways (IR) has earned nearly Rs 4.03 billion from tatkal ticket charges, an additional Rs 1.19 billion from premium tatkal tickets and Rs 5.11 billion from dynamic fares during the year even as operations […]
The Rani Kamalapati railway station, the erstwhile Habibganj station, was inaugurated on November 15, 2021. The station, renamed after the queen of Bhopal’s Gond kingdom, is the first of its kind in India to have […]
The third rake of the Vande Bharat Express is expected to be operational by March 2022. At least five Vande Bharat train shells are at the final stages of construction. The electrics will reportedly be […]
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