News

GMR to invest Rs 500 crore in metro rail link project to Hyderabad Airport

The GMR group which is operating Rajiv Gandhi International Airport (RGIA) here will be investing over Rs. 500 crore in a Rs. 5000 crore metro rail link project being proposed by the Telangana government for connectivity to the aerodrome from various parts of the city.

RLDA eyeing to monetise 16 land parcels worth INR 1904 crores

Rail Land Development Authority (RLDA) has called for bids for leasing out as many as 16 land parcels across India.

Rapid rail AC order to China firm under DPIIT scanner.

The Department for Promotion of Industry and Internal Trade (DPIIT) is likely to review the award of air conditioning contracts for metro cars for the Delhi-Meerut Rapid Regional Transport System (RRTS) to a Chinese company for any possible violation of the Make in India guidelines.

First pier of Delhi-Meerut RRTS corridor completed.

The first pier of the elevated section of the Delhi-Meerut Regional Rapid Transit System in the city has been completed near the upcoming New Ashok Nagar RRTS station, the National Capital Region Transport Corporation (NCRTC) said in a statement.

Indian Railways deliver 11,800 tonne oxygen across the country.

As many as 196 Oxygen Express have delivered 11,800 tonnes of liquid medical oxygen (LMO) to 13 states, as the country battles the second wave of the Covid-19 pandemic.

Tata Projects secures order for nine-km stretch of Chennai underground Metro Line.

TATA Projects Limited,has announced that the company has recently received an order from Chennai Metro Rail Limited (CMRL) for an important nine-km stretch (Phase 2/ Corridor 3) of Venugopal Nagar to Kelly's Station along with other associated works.

JICA extends Rs 3,717 crore loan for developing Metro Phase 2 in Bengaluru

Japan International Cooperation Agency (JICA) has signed an agreement with the Government of India, to provide Japanese (ODA)

Egis wins new design contract for the Dhaka metro Line 5 south

Egis has signed the Contract Agreement with Dhaka Mass Transit Company Limited (DMTCL) for the design of the Dhaka Metro Line 5 South. Egis, leader of the consortium, will work in partnership with SMEC and OCG.

NHSRCL to start project's Gujarat leg first for Mumbai-Ahmedabad Bullet Train:

Struggling with the land acquisition process in the Maha Vikas Aghadi (MVA) government led Maharashtra, the National High Speed Rail Corporation Limited

Order hot and healthy food items with RailRestro mobile app; details

With RailRestro mobile app, Indian Railways passengers can get food delivered to their train.

Indian Railway's Station Redevelopment Program to Build World Class Stations

Revitalizing the entire railway network, Indian Railways has taken up the ambitious Station Redevelopment Program through the PPP model by leveraging the real estate available at the railway stations.

METRO RAILWAYS IN INDIA. -Make your dreams come true.

A glance at the world's developing nations indicates that well planned Mass Rapid Transit Systems (MRTS) exist successfully.Metro Rails has been a successful attempt worldwide which has resoved the problem of transpoetation.

Commencement Of Metro Production By Beml For Mumbai Metro

BEML LIMITED, a Mini Ratna Category-I Company under the Ministry of Defence and premier manufacturer of Metro Cars in India, commenced production of Metro Cars at its Bangalore facility today, for MMRDA (Mumbai Metropolitan Region Development Authority) for its MRS1 Project.

Indian Railway Infrastructure Upgradation Projects to provide Huge Opportunities

Although Indian Railways is quite underdeveloped as compared to railway systems of many developed countries, the government has planned many steps to modernise Indian Railways in upcoming years to a great extent. Indian Railways eyes major projects in the next few years!

Indian Railways train fares soon to include 'user charge' for stations.

In order to generate revenue to provide better facilities for passengers, user fees will be levied by Indian Railways as part of train fares. The user fee will be for the railway stations that have either been redeveloped or have high footfall.

RIL leased 4,000 acre land from Navi Mumbai SEZ for economic hub.

Reliance Industries has said it has leased 4,000 acres of land from Navi Mumbai SEZ (NMSEZ) for an initial payment of Rs 2,180 crore to develop a global economic hub. NMSEZ, as part of a tender process was allotted this land in 2006 to develop a world class SEZ.

NHAI starts the bidding process for key 4-lane projects.

national Highways Authority of India (NHAI) has initiated the bidding process for four ambitious four-lane projects, including Patna-Gaya-Dobhi road and Ara-Mohania road.

L&T Bags Over ? 7,000-Crore Contract For Bullet Train Project.

Infrastructure major Larsen & Toubro (L&T) bagged a contract worth over? 7,000 crore from the National High-Speed Rail Corporation Limited (NHSRCL) to construct 87.569 kilometers of the Mumbai-Ahmedabad high

Sabarmati Terminal To Be The Only Station With Multimodal Transit Hub.

The 508 km-long Mumbai-Ahmedabad bullet train project, developed by the National High-Speed Rail Corporation Limited (NHSRCL) will cover 12 stations along its route, once completely executed. However, out of all the bullet train stations, the Sabarmati Terminal in Ahmedabad,

Tejas services suspended on Covid case surge and less demand.

The Indian Railways Catering and Tourism Corporation has decided to suspend the Lucknow-New Delhi and the Ahmedabad-Mumbai

The re-development of Gomti Nagar Railway Station inches closer to reality

The redevelopment of Gomti Nagar Railway Station is set to become a reality with the completion of RERA registration and approval of the design by IIT Delhi. Rail Land Development Authority (RLDA), in partnership with NBCC, is undertaking the redevelopment of the Gomti Nagar Railway Station,

RLDA to redevelop Vasundhara Railway Colony in Varanasi

The Rail Land Development Authority (RLDA) has invited online bids for Re-Development of Vasundhara Loco Railway Colony in Varanasi.

PM Modi inaugurates Indian Railways' Kosi Rail Mahasetu in Bihar

Prime Minister Narendra Modi dedicated the historic Kosi Rail Mega bridge of Indian Railways to the nation via video conferencing! Apart from the Kosi Rail Mega Bridge.

Indian Railways takes several steps to increase safety of passengers.

According to a written reply in Lok Sabha by Piyush Goyal, various steps have been undertaken to prevent accidents on tracks and also to combat low visibility due to foggy

ACCE's Highest Honour – Gourav Award for Samir Surlaker

The Association of Consulting Civil Engineers, India [ACCE (I)] organized an outstanding Workshop on Industrial, Commercial & Special Flooring

Home sales see slight revival.

The rapid decline in sales of residential propertieshas finally comes to a halt. Over the last few quarters, sales numbers have either remained

Real estate stocks rise after GST cut to 5% for affordable housing

The GST Council has decided to lower rates on under-construction housing to 5 percent from 12 percent and affordable units to 1 percent from 8 percent without claiming the input tax credit, effective April 1. The decision is likely to benefit home buyers, real estate developers in select cities, and housing finance companies (HFCs). Share prices of various real estate companies opened higher in that day.

Why precast technology is important for construction?

Amid rapid urbanisation and global climate change, precast technology is being deployed by real estate developers for multiple reasons. The aspiration towards an environmentally-responsible industry promises to promote a wider use of prefabricated elements in coming years.

Essar Steel reports Rs 4,229 crore EBITDA during insolvency period.

Debt-ridden Essar Steel has registered an EBITDA (earnings before interest, tax, depreciation and amortization) of Rs 4,229 crore during its Corporate Insolvency Resolution period (over 600 days).

NHAI to prioritise road projects on financial viability.

Eyeing asset monetisation in a big way, the government is now proposing to take up projects based on financial viability under the ambitious Bharatmala programme that entails construction of 60,000 km of national highways across the country, officials said Project

6th Annual Economic Times Infra Focus Summit to focus on the Theme ‘Transition towards Futuristic and Resilient Infrastructure’, to be held on September 27th 2018 at New Delhi

As India travels on a trajectory poised to become the world’s third largest economy by 2050, its infrastructure needs to be upgraded to meet modern-day demands. The quantum of this investment is staggering, India needs a financial injection

5,200 farmers pool land for Hitech city in Pune.

Maharashtra CM Devendra Fadnavis launched the Hitech City project in Pune . The project will be among the largest township projects by the state government and will have potential to attract investments worth Rs 21,300 crore.

13 SEZ developers, units seek more time to implement projects.

As many as 13 SEZ developers and units have sought more time from the commerce ministry to implement their projects.

Container Corporation of India Ltd. (CONCOR) signs MOU with Russian Railways Company, JSC RZD Logistics (RZDL)

Aim to develop multimodal logistics services along INSTC (International North South Transport Corridor) route

Gujarat Dy. Chief Minister Mr. Nitin Patel inaugurates latest production facility of Apollo Inffratech's newly formed JV ApolloZenith Concrete Technologies Pvt. Ltd.

Well-known concrete solutions provider from Gujarat, Apollo Inffratech Group kicked off its 10th anniversary celebration with the grand inauguration ceremony of its new production facility of newly formed joint venture with Germany's Zenith Concrete Block Making Machinery. The ceremony was presided over by the Group Chairman Mr. Ajit Patel, and Group MD Mr. Mitul Patel.

Indian CE market growing – Opportunity for Chinese Companies to expand

These are positive signs that are also reflected in the number of companies signing up for the upcoming bauma CONEXPO INDIA.

Excon Awarded “Top B2B Exhibition in India”

As India's leading Industry association, the Confederation of Indian Industry (CII) plays a critical role in boosting India's inclusive growth and economic development by partnering with Government, Industry and civil society.

INTERMAT being held in a favourable economic environment CECE presents latest market figures, talks policy with EU guests & kicks off next phase of its digitalisation project

Sales of construction equipment in Europe grew by 15% in 2017. In the first 3 months of this year, sales continued to grow. CECE expects another 5% to 10%

Stakeholders mark real estate outlook as pessimistic for rest of 2019.

Things are not looking up for India's residential real estate sector. Given India's consumption slowdown across industries, sentiments among real estate sector's stakeholders have only worsened in the second quarter, a survey by consultancy Knight Frank, industry bodies FICCI and NAREDCO found. The stakeholders have downgraded the outlook for the ongoing six months to 'pessimistic' in the Real Estate Sentiment Index Q2 2019.

Real estate sees 10% increase in quarterly sales.

The government's pre-election bonanza for residential real estate seems to have worked well, resulting in over 10 per cent increase in sales in the March quarter besides an upswing in new launches.

Removal of input tax credit may bring back black money to real estate

The removal of input tax credit (ITC) on housing, ahead of the general elections, will bring back black money in the sector well known for deploying tainted wealth, say analysts.

Only 40% of land for bullet train project acquired.

Deputy Chief Minister of Gujarat Nitin Patel tabled the 2018-19 annual report of the 'National High Speed Rail Corporation Limited (NHSRCL)'. According to the report, only about 40% of the land requirement for the dream project of Prime Minister Narendra Modi, bullet train between Ahmedabad and Mumbai, is acquired.

Indian Railways to invite bids to redevelop New Delhi, Mumbai stations.

The Indian Railways will invite bids in April to redevelop New Delhi and Mumbai stations.An officials said.

NHAI plans land appreciation taxes to finance projects

The National Highways Authority of India (NHAI) is working on a mechanism to share gains in land value on account of upgradation of highways as it looks to part-finance urban projects amid increasing costs of land acquisition, said people with knowledge of the matter.

Auction to lease out 11 NHs under toll-operate-transfer in mid-September.

The road transport and highways ministry is set to invite bids for 11 national highways next month under its toll-operate-transfer (TOT) model as it seeks to raise Rs 6,500 crore.

NHAI, SBI in talks to monetise highways

The National Highways Authority of India (NHAI) is in talks with State Bank of India to monetise road projects with high traffic density as it explores different modes to meet its Rs 75,000-crore funding requirement for the current fiscal. According to an official.

Indian Railways allows up to 15 days unreserved ticket booking for Mahakumbh mela.

Indian Railways will extend the window for buying unreserved tickets to 15 days in advance on the railway ticketing app. This is to ease the booking traffic and clear the rush of passengers travelling for the Mahakumbh mela.

10 Points On Bullet Train Project signals a big leap for the country's transport infrastructure.

The Ahmedabad-Mumbai bullet train, launched by Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe, is expected to cost Rs 1.10 lakh crore for the first rail link. Japan will fund 81 per cent of the entire project.

Indian Railways, PSUs place orders worth over Rs 8,000 crore with domestic steelmakers.

Giving a boost to government's ambitious 'Make in India' initiative, Indian railways and government PSUs have placed orders for iron and steel, worth Rs 8,129 crore with domestic manufacturers during June 2017 to October 2018,

Hyderabad Metro is now country's 2nd longest.

L&T Metro Rail Hyderabad Ltd. has commissioned a 16-km stretch of elevated metro, on the third corridor of the metro network.

ABB bags Rs 115 crore order from Indian Railways to supply traction transformers.

Swiss power major ABB has won an order worth Rs 115 crore from Indian Railways to supply traction transformers. The contract has been awarded by Diesel Locomotive Works, Varanasi, ABB said in a statement.

Keylong station on Bilaspur-Manali-Leh rail line-Indian Railways' first station inside a tunnel!

Indian Railways is set to build a railway station inside a tunnel close to the Sino-India border, on the strategic Bilaspur-Manali-Leh line, at a reported height of 3,000 metres. While several metro stations in Delhi

44,000 crore freight corridor on the east coast in action

The Indian Railways plans to invest 44,000 crores to build a 1,100-km greenfield freight corridor on the east coast connecting Kharagpur in West Bengal with Vijaywada in Andhra Pradesh.

Indian Railways eyes over $4 bn investments with world-class private passenger trains.

The government has announced two major initiatives of seeking private investment, one is the running of passenger trains by private operators on the Indian Railways network and the other is the redevelopment of railway stations across the country.

SHRI AMIT BANERJEE New Director (Rail & Metro Business), BEML LIMITED

Shri Amit Banerjee has been appointed as Director ( Rail & Metro Business) and Member on the Board of BEML Limited. He has assumed charge on today (09.10.2020).

Indian Railways moves towards big reform!

according to a government order, the strength of the Railway Board has been cut down from 200 to 150.

New luxury facility opens at Ahmedabad Junction

New IRCTC Retiring Room facility at Ahmedabad Junction: From now on, Indian Railways' passengers do not have to look for accommodation anywhere else outside the railway premises as they can stay in comfort at the newly opened retiring rooms at Ahmedabad Junction railway station

L&T, GMR, Bombardier, Alstom among 23 companies interested in running private trains.

More private firms joined the fray for running trains with participation in the second pre-application meet going up to 23 from 16 prospective bidders earlier.

Industries in the east, west to the south via Andhra, Odisha ports to be connected.

The Dedicated Freight Corridor Corporation of India Limited (DFCCIL) will soon begin the survey for these corridors and will complete the exercise in a year.

Jewar International Airport to have Metro connectivity.

The upcoming Jewar International Airport to have Metro connectivity!

BEML SUBURBAN TRAIN (MEMU) FOR INDIAN RAILWAYS

BEML has dispatched today prototype of Mainline Electric Multiple unit (MEMU) to Indian Railways

Second Tejas train to be launched on Ahmedabad- Mumbai route next year.

Indian Railways has announced the second Tejas train in the country, following the successful run of the first one on Lucknow-Delhi route.

Ahmedabad to Mumbai bullet train project signed for a record Rs 25,000 crore.

India witnessed its largest ever government-funded civil contract in the form of a contract worth nearly Rs 25,000 crore signed between National High-Speed Rail Corporation (NHSRCL) and Larsen and Toubro (L&T) for the

Manduadih railway station upgraded with world class facilities

The Manduadih railway station in Varanasi has been revamped into a world-class station.

Indian Railways upgrades Sainagar Shirdi Railway Station

In the last few months, many railway stations have been revamped including New Delhi railway station, Mathura junction, Lonavala station, amongst others. The latest one to be included in that list is the Sainagar Shirdi Railway Station

Bilaspur-Manali-Leh rail line to be one of the highest in the world.

One of the four crucial rail lines that the Indian Railways is building to fortify India's border with China is the Bilaspur-Manali-Leh rail line. At the height of 3,000 mts,

The government may join hands with private companies to operate electric buses in cities

The government may soon start operating electric buses in partnership with private players as it looks to improve public transport and reduce pollution.