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Funding Dichotomy

Funding Dichotomy

The population surge, rapid urbanisation, and the consequent congestion have time and again fuelled the ´need for speed´. Mass rapid transit system like the metro rail has dawned as a panacea in this regard.

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GMR bags rail doubling work

GMR bags rail doubling work

A consortium led by GMR Infrastructure has won three construction packages of rail line doubling of the Multi Modal Transport System (MMTS) Phase II works on the Secunderabad division of South Central Railway. Rail Vikas Nigam Ltd

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High Speed Rail Corporation inaugurated

High Speed Rail Corporation inaugurated

The Union Railway Minister Mallikarjun M Kharge formally launched the High Speed Rail Corporation of India (HSRC), a subsidiary of Rail Vikas Nigam (RVNL) in Delhi. He also revealed the logo of HSRC that has been designed by National Institute of Design, Ahmedabad.

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Andhra govt, railways to implement Rs 650 cr project

Andhra govt, railways to implement Rs 650 cr project

Andhra government and Rail Vikas Nigam are in the process of jointly implementing a Rs 650-crore phase II multi-modal transport system project in Hyderabad. Both the entities would set up a special purpose vehicle to implement the project and the cost would be shared by them in the ratio of two-thirds (Andhra Pradesh government) and one-third (south central Railw

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Ongoing railway projects need ` 1.47 trillion

Ongoing railway projects need ` 1.47 trillion

Railway ministry pegged the investment requirement for the 347 ongoing new line, gauge conversion and doubling projects at about Rs 1.47 lakh crore as on April 1, 2012.
All sanctioned projects are progressing as per availability of resources, Minister of State for Railways Adhir Ranjan Chowdhury informed Lok Sabha.Targets for projects are fixed on yearly basis based on availability of funds. To expedite completion of ongoing projects, efforts are made to generate extra budgetary financing throu

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Ongoing railway projects need ` 1.47 trillion

Ongoing railway projects need ` 1.47 trillion

Railway ministry pegged the investment requirement for the 347 ongoing new line, gauge conversion and doubling projects at about Rs 1.47 lakh crore as on April 1, 2012.
All sanctioned projects are progressing as per availability of resources, Minister of State for Railways Adhir Ranjan Chowdhury informed Lok Sabha.Targets for projects are fixed on yearly basis based on availability of funds. To expedite completion of ongoing projects, efforts are made to generate extra budgetary financing throu

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IVRCL bags Haryana road proj

IVRCL bags Haryana road proj

Haryana government awa­rded Rs 1,201.70 crore order for four-laning a151 km stretch of a highway to IVRCL Assets & Holdings.The contract includes rehabilitation, up-gradation and widening of the existing carriageway to four-lane standards with construction of new pavement, rehabilitation of existing pavement, construction of bridges, drains, etc.

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India's longest rail bridge

India's longest rail bridge

Mumbai-based AFCONS Infrastructure, which has been engaged in construction of road con­nectivity in Kochi since 2001, has achieved the distinction of building India's longest rail bridge con­necting the island Vallarpadam with Idappalli in north Kochi.

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