Centre Approves Doubling of Gondia鈥揃alharshah Rail Line in Maha

17 Apr 2025 CW Team

The central government has approved the doubling of the 240-kilometre Gondia鈥揃alharshah railway line in Maharashtra. The project, announced by Union Railway Minister Ashwini Vaishnaw, involves an investment of Rs. 48.19 bn and is expected to significantly enhance connectivity in the Vidarbha region.

Currently a single-track corridor shared by passenger and freight trains, the route will now be upgraded with a second parallel track, enabling two-way movement, reducing delays, and increasing freight and passenger capacity.

The project forms part of a broader Rs. 186.58 bn railway investment package covering over 1,247 kilometres of tracks across Maharashtra, Odisha, and Chhattisgarh.

In addition to the track expansion, the project includes: 36 major bridges, 338 minor bridges, and 67 road under bridges (RUBs).

Modernisation of 29 railway stations The corridor passes close to Nagzira Wildlife Sanctuary and Nawegaon National Park, enhancing tourism prospects. Chief Minister Devendra Fadnavis called it a 鈥渉istoric moment鈥� for Vidarbha. He also announced a 10-day 鈥楥hhatrapati Shivaji Maharaj Circuit鈥� to promote cultural tourism in Maharashtra.

Source: Express News Service

Image source:mypunepulse

Infrastructure Urban

13 Jun 2025

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Infrastructure Urban

13 Jun 2025

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Infrastructure Urban

13 Jun 2025

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..