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Railways Sanctions Rs 1.9 Lakh Crore Projects In 4 Years: Ashwini Vaishnaw
Railways Sanctions Rs 1.9 Lakh Crore Projects In 4 Years: Ashwini Vaishnaw

NDTV

time2 days ago

  • Business
  • NDTV

Railways Sanctions Rs 1.9 Lakh Crore Projects In 4 Years: Ashwini Vaishnaw

New Delhi: A total of 237 projects (40 new lines, 17 gauge conversion, and 180 doubling) of a total length of 9,703 kms -- costing about Rs 1,90,333 crore -- have been sanctioned across Indian Railways during the last three fiscals and the current financial year (FY26) to date, the Parliament was informed on Wednesday. Railways Minister Ashwini Vaishnaw told the Lok Sabha, in a written reply, that during the last three years (2022-23, 2023-24, 2024-25) and the current FY26, 892 surveys (267 new line, 11 gauge conversion, and 614 doubling) of total length 61,462 km have been sanctioned across Indian Railways. While from 2009-2014, the total tracks commissioned were for 7,599 km (4.2 km per day), a total of 34,428 km tracks were sanctioned (8.57 km per day) from 2014-2025. "As a result of comprehensive planning of Railway projects under PM Gati Shakti National Master Plan and better coordination among various stakeholders, the sanction of service, sanction of projects and the pace of laying/commissioning of new tracks have also increased," the minister said. The PM Gati Shakti Institutional mechanism is being extensively used for ground surveys, land records, alignment of route and has led to enhancement in the quality of preparation of the Detailed Project Report and reduction in project cost. The Indian Railway launched the Amrit Bharat Station scheme aimed at providing world-class amenities to passengers and improving efficiency in train operations at railway stations. So far, 1,337 stations have been taken up for redevelopment in the Amrit Bharat Station Scheme, according to the minister. To enhance passenger experience and provide a comfortable journey, the state-of-the-art Vande Bharat trains, Amrit Bharat Trains and Namo Bharat Rapid Rail with modern features have been introduced on Indian Railways. "To improve safety in train operations, Kavach has been developed as a National Automatic Train Protection (ATP) system on Indian Railways. The work of implementation of Kavach has been taken up in mission mode on Indian Railways," said the minister. To improve the safety of train operations and road users, all unmanned level crossings on broad gauge have been eliminated. Further, it has also been decided to replace all manned level crossings in a phased manner by the construction of RoBs/RUBs, he added.

Rail PSU stock RailTel declares date to consider Q1 results. Details here
Rail PSU stock RailTel declares date to consider Q1 results. Details here

Mint

time2 days ago

  • Business
  • Mint

Rail PSU stock RailTel declares date to consider Q1 results. Details here

Stock Market today: Rail PSU stock RailTel has declared a date to consider Q1 results. Check for the details here Rail PSU stock RailTel Corporation on Wednesday, 23 July 2025, announced the date to consider Q1 results. As per the release of RailTel on the National Stock Exchange of India and the BSE, or the Bombay Stock Exchange, RailTel Corporation of India Ltd announced that 'the Board of Directors of the Company is scheduled to be held on Monday, 28th July 2025, inter alia, to consider and approve unaudited Financial Results for the quarter ended on 30th June 2025.' The investors will be awaiting eagerly for the financial performance for the quarter ending June 2025 as the company remains in focus on regular flows. RailTel Corporation of India recently announced having received a ₹ 264 crore work order. The work order for RailTel Corporation is from East Central Railway. The works involve the provision of Kavach (indigenous Train Collision Avoidance System) on low-density railway track in 607 km of East Central Railway. RailTel Corporation of India had also announced having received the work order from Indian Overseas Bank for TENDER amounting to Rs. 10,27,11,362 (including tax) RailTel Corporation of India in July itself had also received the work order from the General Administration Department (GAD) of Chhattisgarh. The work order amounted to Rs. 174,774,625 (including tax). RailTel Corporation of India also had received the LOI from Central Warehousing Corporation for a work order amounting to Rs. 96,998,011.8 (including tax). The RailTel share price was trading almost flat on the BSE on Wednesday. The RailTel share price that had seen a 52-week, or 1-year, high of ₹ 549.50 in July last year, however, had slipped to a 52-week, or 1-year, low of ₹ 265.30 in the month of March with a correction in the markets. Railtel's share price thereafter has seen a sharp rebound to ₹ 401 levels now. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Guntur railway division to get Kavach
Guntur railway division to get Kavach

New Indian Express

time3 days ago

  • Automotive
  • New Indian Express

Guntur railway division to get Kavach

GUNTUR: In a major step to improve railway safety, Indian Railways is set to implement the advanced 'Kavach' automatic train protection system across the Guntur Railway Division. Indigenously developed and approved by the Research Designs and Standards Organisation (RDSO), Kavach is designed to prevent collisions by automatically applying brakes in cases of signal overshoots or when two trains are on a collision course. The system serves as a digital safety shield, particularly crucial in case of low visibility or driver error. 'If a train fails to stop at a red signal or is at risk of a head-on collision, the system overrides manual controls and halts the train,' Guntur Divisional Railway Manager Sudeshna Sen told TNIE.

Give wings to India's semiconductor dreams, Union minister tells students at IITH convocation
Give wings to India's semiconductor dreams, Union minister tells students at IITH convocation

Time of India

time6 days ago

  • Business
  • Time of India

Give wings to India's semiconductor dreams, Union minister tells students at IITH convocation

Hyderabad: A total of 1,273 students received their degrees during the convocation ceremony of the Indian Institute of Technology Hyderabad (IITH) held on Friday. Union Minister Ashwini Vaishnaw addressed the students and said, 'You are entering a period of uncertainty, but also opportunity. There is a huge turmoil outside the world, but your foundation and value system will lead our country forward. ' He spoke about the govt's focus on electronics manufacturing and the Semiconductor Mission, and said India will produce its first commercial-scale semiconductor chip in 2025. Six fabrication units are under construction, and eight out of twenty chips designed by students, including some from IIT Hyderabad, were successfully taped out, he said. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad He also mentioned developments under the India AI Mission and said India built its own 4G telecom stack, which is ready to be upgraded to 5G. Speaking about railways, he referred to Kavach, an automatic train protection system developed in Hyderabad and now being implemented across the country. B S Murty, Director, said, 'IITH was granted the status of Institute of National Eminence and recorded its highest annual research and development funding in 2024–25.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Providers are furious: Internet access without a subscription! Techno Mag Learn More Undo He also highlighted the graduation of students from newly introduced programs focused on emerging areas of science and technology. Rahul Ramachandran, a student from the Department of Computer Science and Engineering, was awarded the President of India Gold Medal. The convocation marked the graduation of the first batches from several new programs: BTech in Biotechnology and Bioinformatics, Computational Engineering, and Industrial Chemistry; MTech in Quantum and Solid-State Devices and Sustainable Engineering; MSc in Medical Physics; and the first PhD scholar in Artificial Intelligence.

Upcoming Kazipet Railway Manufacturing Unit to make train sets for export
Upcoming Kazipet Railway Manufacturing Unit to make train sets for export

The Hindu

time6 days ago

  • Business
  • The Hindu

Upcoming Kazipet Railway Manufacturing Unit to make train sets for export

Union Railways Minister Ashwini Vaishnaw has said indigenously made 150 Vandebharat trains are slated for export with the first train set already flagged off by Prime Minister Narendra Modi. More railway rolling stock, including metro coaches, are getting export orders and the upcoming ₹521.26 crore mega Kazipet Railway Manufacturing Unit is going to play a key role once it is commissioned in 2026, he told the media at the factory site on Saturday (July 19, 2025). What will be manufactured there? The civil works will be completed by December as there is good progress in the factory construction which is being built with a flexible design to manufacture engines, coaches, wagons and metro train sets, said the Minister. Direct employment to 3,000 people Union Minister for Coal & Mines G Kishan Reddy said the railway unit will provide direct employment to about 3,000 persons and indirect jobs to many more with region expected to benefit economically with several ancillary industries likely to come up. Locals will be considered for employment with State government recommendation. Relief and rehabilitation measures for affected farmers will be done through the district collector, he said. Mr. Reddy thanked Prime Minister Modi and Mr. Vaishnaw for allocating the factory to Warangal and Telangana. It was a reflection of Centre's commitment towards development of the region and those questioning him and his party for contribution to the State should witness the unit, he said. The Prime Minister had laid the foundation stone for the facility two years ago on July 2023. The project was entrusted to Rail Vikas Nigam Limited (RVNL) on turnkey basis with project execution by PowerMech-Taikishna JV. Full fledged rail manufacturing unit From initial plan to make rolling stock of different varieties, it was decided to make the facility into a full fledged Rail Manufacturing Unit which will also make 200 MEMU train (mainline electric multiple units) rakes of 16 cars each, said railway officials. Spread over 160.04 acres The manufacturing unit is coming up on a 160.04 acres of land provided by the State Government with pre-engineered shed of 60,933 A main shop floor with four bays, 13 km of internal rail network, 1 mwp shed roof solar plant, etc., will form part of the project. The MEMU rakes to be made here will be equipped with three phase propulsion system with operating speed of 130 kmph. They will be equipped with automatic door closing, non AC enclosure with roof top ventilation along with LED displays and Kavach - automatic train protection system, they added. The Ministers duo later in the evening flagged off the inaugural run of daily train between Kacheguda and Jodhpur in the presence of senior railway officials.

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