Saturday, February 15, 2025
HomeBusinessNew Indian Railways lines: PM Modi-led Cabinet approves new rail projects in...

New Indian Railways lines: PM Modi-led Cabinet approves new rail projects in Andhra Pradesh’s Amaravati & Bihar for Rs 6,798 crore

-

[ad_1]

New Indian Railways lines: PM Modi-led Cabinet approves new rail projects in Andhra Pradesh's Amaravati & Bihar for Rs 6,798 crore
The Cabinet Committee on Economic Affairs (CCEA), led by PM Modi, has given the green light to the two projects, with a combined estimated cost of approximately Rs 6,798 crore.

New Indian Railways projects: PM Narendra Modi-led Cabinet has given its approval for two significant railway projects, one in Amaravati, Andhra Pradesh, and the other connecting North Bihar with the Northeastern states. The first project, spanning 87 kilometres, is the Amaravati Railway Line, with an estimated cost of Rs 2,245 crore. This new line will establish direct rail links to major cities such as Hyderabad, Chennai, and Kolkata, as well as provide connectivity to the ports of Machilipatnam, Krishnapatnam, and Kakinada.
The second project aims to enhance connectivity between North Bihar and the Northeastern states, covering a distance of 256 kilometers.With a projected cost of Rs 4,553 crore, this double line railway will feature over 40 bridges along its route. The improved infrastructure will facilitate the movement of people, food grains, and other essential goods, while also connecting the holy city of Ayodhya with Sitamarhi.
The Cabinet Committee on Economic Affairs (CCEA), led by PM Modi, has given the green light to the two projects, with a combined estimated cost of approximately Rs 6,798 crore.
Also Read | New train ticket booking rules: Why has Indian Railways cut the advance reservation period to 60 days? Top 5 reasons
These projects, encompassing eight districts across three states (Andhra Pradesh, Telangana, and Bihar), will expand the Indian Railways network by approximately 313 kilometers.
The new line project will connect around 168 villages and serve a population of about 12 lakh, with nine new stations. The multi-tracking project will improve connectivity to two Aspirational Districts (Sitamarhi and Muzaffarpur), benefiting approximately 388 villages and a population of around 9 lakh.
These routes are crucial for transporting commodities such as agricultural products, fertilizer, coal, iron ore, steel, and cement. The capacity augmentation works are expected to result in an additional freight traffic of 31 MTPA (Million Tonnes Per Annum).
The new line proposal will provide direct connectivity to “Amaravati,” the proposed capital of Andhra Pradesh, and enhance mobility for industries and the population, leading to improved efficiency and service reliability for Indian Railways. The multi-tracking proposal will streamline operations and alleviate congestion, delivering much-needed infrastructural development on the busiest sections across Indian Railways.



[ad_2]

Source link

LATEST POSTS

Kotak Bank shares in focus as RBI lifts restrictions on opening new bank accounts, credit card issuance

The shares of private lender Kotak Mahindra Bank will remain in focus on Thursday, February 13, after the Reserve Bank of India (RBI) lifted...

Stocks to buy: Top recommendations for February 13, 2025

Jefferies has initiated its coverage of recently listed ITC Hotels with a ‘buy’ recommendation with a target price of Rs 240 (+37%)....

New income tax bill to be introduced in Lok Sabha today; primary objectives include ease of paying taxes, more direct rules

The Income Tax Bill will drop several obsolete provisions, decriminalise many offences, introduce the concept of ‘tax year’ and provide a ‘Taxpayer’s Charter’, marking...

Too many models, too much confusion: OpenAI pledges to simplify its product line

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More OpenAI plans to “simplify” its model...

Most Popular

spot_img