Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
Indian Railways has witnessed approx. 75% Capital expenditure utilisation (Highest ever) in the first nine months of this Financial Year till December 2023. Indian Railways has made an expenditure of ₹1, 95,929.97 Crores till December 2023 which is approx. 75 % of total capex (₹2.62 lakh crores) of Railways during this financial year.
During the same period in December 2022, Indian Railways had witnessed capex utilisation of ₹1,46,248.73 Crores. This year, Capex Utilisation is approx. 33 % more in comparison to the last year’s corresponding period.
This investment is seen in various infrastructure projects like New Lines, Doubling, Gauge Conversion and enhancing passenger amenities. Safety of the passengers is paramount in Railways. Significant sum has been invested in enhancing the safety related works.
Also Read : Coal ministry to discuss with stakeholders ways to promote coal, lignite gasification projects PM to lay Foundation Stone of 300 MW Barsingsar Solar Power Plant with investment of over ₹ 1756 Cr
Tata Passenger Electric Mobility has collaborated with Hindustan Petroleum Corporation Ltd to establ...
Large Corporate 27-Mar-2024
The Union Cabinet chaired by Prime Minister Narendra Modi has approved six railway projects worth ₹1...
Construction 09-Feb-2024
Qatar's planned expansion of liquefied natural gas (LNG) production could see it control nearly 25%...
US 27-Feb-2024
Tata Motors, a country's major auto maker company has declared a major manufacturing investment in T...
Large Corporate 14-Mar-2024
The escalating Middle East crisis is starting to weigh on the steel industry, with rising oil, LNG,...
Europe 09-Mar-2026
The Union Cabinet has approved a significant ₹8,500 cr incentive scheme for coal gasification projec...
Announcement 24-Jan-2024