World’s highest railway bridge set to open this year
RAILWAYS & METRO RAIL

World’s highest railway bridge set to open this year

Ashwini Vaishnaw, Minister, Railways, said that the Udhampur-Srinagar-Baramulla Rail Link (USBRL) is expected to be completed in this financial year. The Chenab Rail Bridge, which at 359 metres above th...

Ashwini Vaishnaw, Minister, Railways, said that the Udhampur-Srinagar-Baramulla Rail Link (USBRL) is expected to be completed in this financial year. The Chenab Rail Bridge, which at 359 metres above the riverbed is the world's highest arch railway bridge and towers 35 metres taller than the Eiffel Tower, is a critical component of the USBRL project. He added that out of the 272-km-long rail link, 255 km have been completed. He said that the expected project cost is Rs.410 billion of which Rs.389 billion expenditure has been incurred up to March 2024. The minister said this section involves tunnelling — 97.42 km out of 111 km (87 per cent) of Katra-Banihal section is in tunnels and a tunnel, T-49, would be 12.77 km, which will be the longest railway tunnel in the country.In a related development, Patel Engineering has successfully achieved substantial completion of its Tunnel T-15 and part of the Tunnel T-14 project, which represents a major milestone in the USBRL project and showcases the company's engineering expertise and dedication to improving regional connectivity. Tunnel T-15 and part of the Tunnel T-14 project enhances all-weather connectivity between Kashmir Valley and the rest of India.

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Real Estate

Varun Malik Joins ANAROCK as MD, Head of Capital Markets, APAC

ANAROCK Capital has appointed Varun Malik as Managing Director, Head of Capital Markets (APAC), marking a strategic move to expand its presence across Asia-Pacific. Based in Singapore, Malik will drive ANAROCK’s capital markets initiatives in the region.A real estate finance veteran, Malik brings over 18 years of experience in structuring complex cross-border transactions across South-East Asia and Australia. He has led debt and equity deals for REITs, fund managers, and developers, delivering strong returns and driving investor value.“We will redefine real estate capital solutions across ..

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Real Estate

Patra Chawl lottery held, 663 families allotted homes

Mumbai's Siddharth Nagar (Patra Chawl) Co-operative Housing Society members in Goregaon (West) saw their 15-year wait come to a close as MHADA conducted a successful computerised lottery for 663 eligible members under its redevelopment scheme.The Mumbai Housing and Area Development Board conducted the draw using the RAT (Randomised Allotment of Tenement) system at Sardar Vallabhbhai Patel Hall. The lottery, overseen by Mr. Milind Borikar, Chief Officer of Mumbai Board, ensured transparency by digitally allotting each member a building, wing, and floor.The project, located on Plot R-9, received..

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Infrastructure Transport

BLR Airport crosses 41 million passengers, 500,000 MT cargo

Kempegowda International Airport, Bengaluru (BLR Airport), has recorded key operational milestones in FY 2024-25, crossing 41.88 million passengers and handling 502,480 metric tonnes of cargo. This marks a year-on-year passenger growth of 11.6 per cent and a 14 per cent rise in cargo volumes.Domestic footfall reached 36.05 million, up 10 per cent, while international traffic saw a robust 25 per cent jump to 5.83 million, aided by Indigo’s global expansion and added frequencies by international carriers. BLR Airport now connects to 76 domestic and 33 international destinations, with Hanoi set..

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