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The railway ministry on Saturday postponed the formal launch of tunnel-boring work for the bullet train project in Mumbai due to inclement weather, and told authorities to commence the work immediately. Ministry officials said it has been raining in Mumbai for the past few days, and the India Meteorological Department (IMD) has issued 'red' and 'orange' alerts for the next couple of days. "Considering the adverse weather conditions, we have decided to postpone the formal launch by the Hon'ble Railway Minister of the underground tunnel boring work using tunnel boring machines for the first time on the bullet train project," a senior official said. "However, we have asked the National High Speed Rail Corporation Limited (NHSRCL) to start the work immediately without the official launch so that the project is not delayed," the official added. Railway Minister Ashwini Vaishnaw was scheduled to inaugurate the underground tunnel-boring work from Vikhroli to the Bandra Kurla Complex stati
Union Minister Ashwini Vaishnaw on Friday said the Centre has allocated a record budget of more than Rs 10,000 crore in the current financial year for the development of rail infrastructure in Bihar. Vaishnaw, who arrived here for a day-long visit to the state, announced the launch of a new express train service from Chapra to Delhi. "Locomotives from the state are being exported. Today, the 51st locomotive engine will be exported from the Marhowrah plant in Bihar to an African country," the railway minister said. Vaishnaw said railway projects worth around Rs 1.15 lakh crore are already under implementation in Bihar. "The PM has allocated a record railway budget of more than Rs 10,000 crore for the development of rail infrastructure in Bihar in the current financial year," he said. He said five additional platforms are being constructed at Patna railway station to boost passenger capacity. The railway minister also said the Fatuha station near the state capital is also being ...
Union Minister Ashwini Vaishnaw on Saturday announced that sixty next-generation trains would be introduced for the Kolkata Metro in the next five years and hoped the railway projects in West Bengal would get a fresh impetus under the double-engine government. During a meeting with Chief Minister Suvendu Adhikari at the state secretariat Nabanna, the railway minister said only 28 km of the Kolkata Metro network was completed in 42 years, while 45 km of metro lines have been added since Narendra Modi became the Prime Minister in 2014. "In the next five years, 60 next-generation trains will be introduced for Kolkata Metro. Today, I took the Kolkata Metro. We will revamp the Kolkata Metro," he said. The minister also said that the proposed bullet train services between DelhiVaranasi and VaranasiSiliguri were aimed at sharply reducing travel time. "These high-speed corridors will connect Siliguri with New Delhi in six hours," he said.
Three coaches of the Ujjaini Express derailed near the Khand Gaon area here on Monday night when the train was being moved to the railway yard, officials said. There were no passengers on board when the incident occurred around 9:40 pm on Monday close to the Yog Nagri railway station. According to officials, the accident occurred when the train was passing through the yard area. The train runs between Lakshmibai Nagar in Indore and Yog Nagari Rishikesh Railway sources said the locomotive collided with the buffer (dead end) located at the terminus of the shunting line, resulting in increased pressure on the coaches. Consequently, one coach was thrown off the tracks, while another buckled in the middle. Three coaches of the train sustained damage in the incident, they said.
State-owned Indian Railway Finance Corporation (IRFC) has set a target of crossing a milestone of Rs 1 lakh crore loan sanction during the current financial year. To fund its business growth, the public sector undertaking (PSU) of the Ministry of Railways is looking to raise Rs 70,000 crore, including from overseas in FY27. "We are aiming for a loan sanction of Rs 1 lakh crore and disbursement of about Rs 40,000 crore during the ongoing financial year, as the pipeline of high-quality infrastructure projects looks strong," IRFC Chairman and Managing Director Manoj Kumar Dubey told PTI. A steady pipeline and emerging opportunities in sectors such as metro and ports are expected to further accelerate growth in the coming financial year, following its whole-of-government approach, he said. During FY26, lRFC sanctioned projects worth Rs 72,949 crore and disbursed approximately Rs 35,067 crore, exceeding its annual guidance. The company, which last year got Navratna status, witnessed it
Indian Railways utilised 98 per cent of its budget for FY26, reflecting the pace of execution of projects, and in the days to come, trains will dominate flights on several upcoming corridors across the country, Union minister Ashwini Vaishnaw said on Monday. "In the last financial year, the entire capex was spent practically by the 1st week of March itself. Practically by the last week of February, it was like 98 points some percentage. Then we had to, in a sense stop that because we have to complete the entire year," Vaishnaw said. He said 49,000 kilometres of railway tracks across the country has been electrified, which is more than the entire network of Germany and 36,000 kilometres of new tracks have been added, which is about six Switzerlands to Indian railway network. The minister said in many of these routes the travel time will be significantly reduced and people will prefer trains over airlines on those routes. Vaishnaw said the government is working on new corridors from