Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
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 : Sampling and grading of coal at 427 mines completed; new grades to be applicable for FY24 Cabinet greenlights MoU for India-Bhutan collaboration in energy efficiency
Nidec Corp, Japanese electric motor maker slashed its full-year operating profit forecast by nearly...
Asia 24-Jan-2024
China is falling short when it comes to decarbonising its huge steel industry, with slowing demand,...
China 19-Mar-2024
State-owned steel giant Rashtriya Ispat Nigam Ltd (RINL) has been granted a financial package of ₹11...
Large Corporate 22-Feb-2025
The Union Cabinet on Thursday approved setting up three semiconductor-making units by firms, includi...
Announcement 29-Feb-2024
The National Green Tribunal (NGT) has issued notices to a steel plant in Jharsuguda district, Odisha...
Renewables 04-Oct-2025
Aluminium prices experienced some significant fluctuations last week. At first, the Multi Commodity...
Non-Ferrous 27-May-2024