Latest news with #MRVC
News18
01-08-2025
- Business
- News18
Mumbai: Nalasopara Station Gets A New Elevated Deck, Know More
Last Updated: Nalasopara is just one of 17 suburban stations being redeveloped under the Rs 947 crore MUTP 3A project. The Mumbai Railway Vikas Corporation (MRVC) has completed a new 95-metre long and 11.5-metre wide elevated deck at Platform Number One of Nalasopara station. This elevated walkway connects the two southernmost foot overbridges (FOBs), helping reduce crowding and easing the flow of passengers. Handling over 1.83 lakh passengers and 440 suburban trains every day, Nalasopara is one of the busiest stations on Mumbai's Western Line. The new deck is expected to improve safety and comfort for commuters. What's Next for the Station? This project is part of a larger station improvement plan under the Mumbai Urban Transport Project (MUTP) 3A. The redevelopment of Nalasopara will continue with the construction of another elevated deck connecting all platforms, a new platform on the western side, four more escalators and three lifts. As per Mumbai Live, Sunil G Udasi, Chief Public Relations Officer of MRVC, said, 'This is a big step towards reimagining Mumbai's suburban railway experience. We're not just reducing congestion, but also building safer and more accessible stations for all." Nalasopara is just one of 17 stations being redeveloped under MUTP 3A, which has a total budget of Rs 947 crore. Seven stations on the Western Line, including Kandivali, Mira Road, Bhayander and Vasai, are also being upgraded. Meanwhile, ten stations on the Central and Harbour lines are undergoing similar changes. What Will Improve for Commuters? Under MUTP 3A, all revamped stations will get better entry and exit points, brighter lighting, modern ticket counters, improved security, new FOBs, lifts, and escalators. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
27-06-2025
- Business
- Time of India
Roadmap for MUTP-IV to boost commuter safety & connectivity
Mumbai: The Mumbai Railway Vikas Corporation (MRVC) has set the ball rolling for a comprehensive technical study to define the blueprint for the fourth phase of the Mumbai Urban Transport Project (MUTP-IV). The goal is to boost safety, expand network capacity, and modernise the city's vital suburban rail system. Mumbai's suburban rail spans 385km across three Central Railway corridors — including the Harbour Line — and one Western Railway corridor. With MUTP-I completed, MUTP-II nearing conclusion, and MUTP-III and IIIA underway, MRVC is setting the stage for a long-term upgrade aligned with its "Mission Zero Death" initiative. The study, to be carried out by a consultant selected via competitive bidding, will draft Detailed Project Reports (DPRs) for selected schemes and evaluate their financial and operational viability. The consultant will also examine international best practices in suburban transport planning. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai A key focus is forecasting travel demand up to 2047, identifying new corridors, and decongesting existing ones. The feasibility of interoperable train services between Central and Western Railways — aimed at seamless east-west connectivity across the Mumbai Metropolitan Region — will also be assessed. To ease overcrowding, the study will simulate the deployment of 12- and 15-car rakes, explore faster rake acceleration, and recommend signalling upgrades such as Kavach 5.0 to reduce headways. Increasing the number of air-conditioned EMUs is also on the agenda to improve commuter comfort and drive a shift from road to rail. With around 2,500 annual fatalities on the suburban network due to falls, trespassing, and poor station access, the study will recommend interventions such as access control, improved pedestrian movement, and upgraded station infrastructure. Station improvements are a major component. While 17 stations are already being redeveloped under MUTP-IIIA, nearly 40 more are under review for upgrades, including platform extensions, new FOBs, escalators, lifts, and better intermodal connectivity within a 300-metre radius. MRVC chairman and Managing Director Vilas Wadekar said, "Under MUTP Phase IV, MRVC aims to take a transformative leap towards a safer, smarter, and more resilient urban transport ecosystem. Our vision is anchored in achieving 'Mission Zero Death', eliminating monsoon disruptions, and expanding network coverage to growth centres like the Third Mumbai area."
Business Standard
11-06-2025
- Business
- Business Standard
Texmaco Rail rises after securing Rs 44-cr order from MRVC
Texmaco Rail & Engineering rose 2.19% to Rs 182.05 after the company announced that it has received an order worth Rs 44.04 crore from Mumbai Railway Vikas Corporation (MRVC). The contract involves the supply, construction, installation, testing, and commissioning of traction transformers, sectioning posts (SPs), and associated works for the third and fourth lines of the Central Railway. The project, encompassing a 1X25 kV 110/25 kV traction substation (TSS) with 40/56 MVA AC traction transformers and two sectioning posts, is slated for completion within 18 months. Texmaco Rail & Engineering is a diversified heavy engineering company, with products including railway freight wagons, hydro-mechanical equipment and industrial structures for infrastructure industry, locomotive components and locomotive shells, railway bridges, steel castings, pressure vessels, etc. The company has reported a 13.5% decline in consolidated net profit to Rs 39 crore despite a 17.6% rise in revenue from operations to Rs 1,346 crore in Q4 FY25 as compared with Q4 FY24.
Time of India
11-06-2025
- Business
- Time of India
Texmaco Rail shares rally 5% after Rs 44 crore order win from Mumbai Railway Vikas Corporation
Texmaco Rail & Engineering shares climbed as much as 4.7% on Wednesday to Rs 185 on the BSE, after the engineering major announced a fresh order win worth Rs 44.04 crore from Mumbai Railway Vikas Corporation (MRVC). On Tuesday, Texmaco Rail said it had secured the Rs 44.04 crore contract from MRVC for a traction infrastructure project on the Central Railway . '...we wish to inform you that Mumbai Railway Vikas Corporation Limited, vide its letter dated June 9, 2025, has awarded an order of Rs 44.04 crore to the company for the supply, construction, installation, testing, and commissioning of traction transformers, SPs, and associated works,' the company stated in a stock exchange filing. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. The scope of the project includes setting up a 1X25 kV, 110/25 kV traction substation (TSS) with 40/56 MVA AC traction transformers, two sectioning posts (SPs), and related infrastructure for the third and fourth lines of the Central Railway. The project is expected to be completed within 18 months. Q4 Earnings For the March quarter, Texmaco Rail posted a 17.5% year-on-year rise in revenue to Rs 1,346.4 crore, driven by steady execution across its railway and engineering verticals. Operating performance also improved, with EBITDA rising 14.7% to Rs 97.6 crore, while EBITDA margins held steady at 7.3%. However, net profit declined 12% year-on-year to Rs 40 crore, compared to Rs 45 crore in the same quarter last year. During the quarter, the company also announced its international expansion plans, with an initial investment of AED 50,000 in its newly incorporated wholly owned subsidiary, Texmaco Middle East DMCC. Stock Performance and Technical Indicators Shares of Texmaco Rail & Engineering closed at Rs 176.70 on Tuesday, down Rs 1.15 or 0.65% on the BSE. The stock has gained 10% in the past week and 32.5% over the last three months, though it remains down 9.3% over the past year. From a technical standpoint, the stock is currently trading above seven of its eight key simple moving averages (SMAs)—the 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, and 150-day SMAs—while remaining below its 200-day SMA. The Relative Strength Index (RSI) stands at 68.8, indicating the stock is nearing overbought territory. Meanwhile, the Moving Average Convergence Divergence (MACD) is at 7.8 and remains above both its centerline and signal line, a bullish indicator. Also read | GIFT Nifty up 30 points; here's the trading setup for today's session ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Economic Times
11-06-2025
- Business
- Economic Times
Texmaco Rail shares in focus after Rs 44 crore order win from Mumbai Railway Vikas Corporation
Texmaco Rail & Engineering shares are likely to be in focus on Wednesday, after the engineering major announced a fresh order win worth Rs 44.04 crore from Mumbai Railway Vikas Corporation (MRVC). ADVERTISEMENT On Tuesday, Texmaco Rail said it had secured the Rs 44.04 crore contract from MRVC for a traction infrastructure project on the Central Railway. '...we wish to inform you that Mumbai Railway Vikas Corporation Limited, vide its letter dated June 9, 2025, has awarded an order of Rs 44.04 crore to the company for the supply, construction, installation, testing, and commissioning of traction transformers, SPs, and associated works,' the company stated in a stock exchange filing. The scope of the project includes setting up a 1X25 kV, 110/25 kV traction substation (TSS) with 40/56 MVA AC traction transformers, two sectioning posts (SPs), and related infrastructure for the third and fourth lines of the Central Railway. The project is expected to be completed within 18 the March quarter, Texmaco Rail posted a 17.5% year-on-year rise in revenue to Rs 1,346.4 crore, driven by steady execution across its railway and engineering verticals. Operating performance also improved, with EBITDA rising 14.7% to Rs 97.6 crore, while EBITDA margins held steady at 7.3%. ADVERTISEMENT However, net profit declined 12% year-on-year to Rs 40 crore, compared to Rs 45 crore in the same quarter last the quarter, the company also announced its international expansion plans, with an initial investment of AED 50,000 in its newly incorporated wholly owned subsidiary, Texmaco Middle East DMCC. ADVERTISEMENT Shares of Texmaco Rail & Engineering closed at Rs 176.70 on Tuesday, down Rs 1.15 or 0.65% on the BSE. The stock has gained 10% in the past week and 32.5% over the last three months, though it remains down 9.3% over the past a technical standpoint, the stock is currently trading above seven of its eight key simple moving averages (SMAs)—the 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, and 150-day SMAs—while remaining below its 200-day SMA. ADVERTISEMENT The Relative Strength Index (RSI) stands at 68.8, indicating the stock is nearing overbought territory. Meanwhile, the Moving Average Convergence Divergence (MACD) is at 7.8 and remains above both its centerline and signal line, a bullish indicator. Also read | GIFT Nifty up 30 points; here's the trading setup for today's session (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
