Across various sectors including ports, airport and power & transmission, railways, the central government plans to implement Rs 150,000 crore worth projects in the next six months. After taking approvals from the Cabinet, the government plans to award these infrastructure projects in the next six months, Planning Commission Deputy Chairman Montek Singh Ahluwalia said
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Quick and comfortable
Quicom is a Transit-Oriented Development project, one of the largest unsolicited business model proposal for Mumbai to redevelop all 114 railway stations across local railway network under Public-Private-Partnership (PPP) mode.
Tunnel construction project faces delay
There has been a long delay in the tunnel construction for the proposed underground metro line from close to Mandi House to ITO in Delhi. The project executing firms - Shanghai Urban Construction Group (SUCG) and Larsen and Toubro (L&T)
Ranchi-Delhi direct rail track to be ready by 2014
The Ranchi-Lohardaga-Tori railway line would be completed by 2014, says the Railways. The project has been delayed by a year. Once the rail tracks are laid completely it would facilitate faster route between Ranchi and New Delhi. The newly-laid railway tracks between Ranchi and Tori would shorten the route to Delhi, said General Manager of South Eastern Railway (SER), Abhay Kumar Verma. Currently the trains need to undertake a circuitous journey to Delhi via Ramgarh and Barkakana.
Railways takes steps to strengthen financial position
Railways have taken various measures to improve its financial condition, which inter alia, include rationalization of the fare and freight structure taking into account the cost of inputs, introduction of dynamic Fuel Adjustment Component (FAC) in its tariff, proposed setting up of rail Tariff Regulatory Authority (RTRA), prioritizing the projects for better resources utilization, setti
Technology can play an important role in improving throughput
Railways needs to create capacity along its arterial routes viz, the Golden Quadrilateral and diagonals as well as augment capacity on rail links serving ports, industrial hubs and to existing and new mining areas,
Maharashtra govt clears Rs 210 bn elevated corridor project
Maharashtra government gave in-principle approval to the Rs 21,000-crore Elevated Rail Corridor Project between Oval Maidan and Virar in Mumbai. The state cabinet headed by Chief Minister Prithviraj Chavan gave the approval when the Western Railway General Manager made a presentation of the project at a recent meeting
Maharashtra govt clears Rs 210 bn elevated corridor project
Maharashtra government gave in-principle approval to the Rs 21,000-crore Elevated Rail Corridor Project between Oval Maidan and Virar in Mumbai. The state cabinet headed by Chief Minister Prithviraj Chavan gave the approval when the Western Railway General Manager made a presentation of the project at a recent meeting
Andhra rail projects need Rs 400 bn investment
About 30 railway projects are pending in Andhra Pradesh and these would require about Rs 40,000 crore investment, Union Minister of state for railways Kotla Jaya Surya Prakash Reddy informed. He said these projects would be completed in a phased manner. He supported the hike in fares by saying that internal resources should be improved to strengthen the financial condition of the
Ernakulam-Kayamkulam line doubling to be over by 2014
The rail line doubling work of Ernakulam-Kayamkulam line through Kottayam and Alappuzha will be over by 2014-15. Minister of State for Railways Adhir Ranjan Chowdhury has said that the work is going on as per the revised schedule and this was the first time that the Railways is providing ‘committed funds’ for track doubling in the busy corridor.