
Tunnel projects worth Rs 3L crore in next 10 yrs in India: Nitin Gadkari
Union Minister of Road Transport and Highways Nitin Gadkari said that tunnelling projects worth Rs 2.5 to Rs 3 lakh crore would be built in India over the next 10 years. Speaking at the inauguration of the International Workshop on Sustainable Tunnelling for Better Life at MIT World Peace University in Pune Gadkari said, 'There is big potential in tunnels. Over the next 10 years, we plan to build tunnel projects worth Rs 2.5 to Rs 3 lakh crore. In Delhi under the Talkatora stadium to Gurgaon we have started the construction. In Bangalore we have started making a tunnel from both the sides of the city.'
He added, 'Many tunnelling machines come from China. Bringing spare parts and machines from China is a difficulty. I don't want to go into the details of that. But we will have to think about how to manufacture machines in our own country… To make this a reality, we must reduce construction costs without compromising quality. That means using new technologies and sustainable fuels like CNG, ethanol, hydrogen, and electric alternatives to diesel. Using diesel in drilling machines has to stop. We should also refurbish old tunnelling machines, import used ones from European countries like Austria, Norway, and Spain, and eventually manufacture our own.'
A Center of Excellence for Tunnelling and Underground Construction was also inaugurated at MIT-WPU, featuring a Tunnel Monitoring Laboratory and a Drilling & Blasting Laboratory. The Center of Excellence, set up in collaboration with Sandvik and Tata Projects Ltd., aims to support advanced research and training in underground construction technologies.
Arnold Dix, former president of the International Tunnelling Association, highlighted the importance of having practical experience before graduates are sent out into the workforce of tunnelling, ' For decades I have attended disasters and I know young men and women who lose their lives because they just don't know how to build the tunnels. And they work so hard but the skills section is to be absolutely supported, it is a wonderful thing. Too often, young workers are placed at risk because they lack the training needed to safely construct what has been so carefully designed.'
S K Dharmadhikari, an infrastructure sector veteran, was conferred with the Lifetime Achievement Award for his invaluable contribution in nurturing and shaping the next generation of tunnel engineers. Companies like TATA Projects Ltd, Larsen & Toubro, Nagpur Mumbai Super Communication Expressway Limited (NMSCEL), J. Kumar Infra projects Ltd were awarded with different categories of awards.
Soham is a Correspondent with the Indian Express in Pune.
A journalism graduate, he was a fact-checker before joining the Express. Soham currently covers education and is also interested in civic issues, health, human rights, and politics. ... Read More
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Economic Times
32 minutes ago
- Economic Times
Torrent Pharma shares in focus after Rs 11,900 crore JB Chemicals acquisition
Shares of Torrent Pharmaceuticals are likely to be in the spotlight on Monday, June 30, after the company announced a major acquisition worth Rs 11,917 crore to acquire a controlling stake in J.B. Chemicals & Pharmaceuticals Ltd, another player in the pharmaceutical sector. ADVERTISEMENT In a board meeting held on June 29, Torrent Pharma approved a multi-step transaction to acquire a majority stake in JB Chemicals. The acquisition comprises the following: Share Purchase Agreement (SPA): Torrent will acquire 7.44 crore equity shares, representing 46.39% of JB Chemicals' fully diluted equity share capital, from its promoter, Tau Investment Holdings Pte Ltd, at Rs 1,600 per share, amounting to approximately Rs 11,917 crore, subject to shareholder and regulatory approvals. Potential Employee Acquisition: Torrent may further acquire up to 44.99 lakh equity shares (2.80%) from certain employees at a price not exceeding Rs 1,600 per share, through employee stock Offer: Torrent has also proposed an open offer to public shareholders to acquire up to 4.17 crore shares (26.00%) of the expanded capital at Rs 1,639.18 per share, in accordance with SEBI's Takeover Torrent will gain promoter status and a controlling interest in JB Chemicals, positioning it to expand its product offerings and leverage synergies between the two firms. ADVERTISEMENT JB Chemicals, incorporated in 1976, is a publicly listed company with a consolidated turnover of Rs 3,918 crore and a net worth of Rs 3,433 crore as of March 31, 2025. The company has consistently maintained strong financial performance over the last three proposed acquisition is subject to approvals from the Competition Commission of India (CCI), shareholders, and other statutory bodies. Torrent Pharma anticipates completing the deal within six months. ADVERTISEMENT On Friday, shares of Torrent Pharmaceuticals closed 3.7% higher at Rs 3,344.40 on BSE. Also read: Nifty ready to scale new highs on bullish mood: Analysts (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)


Time of India
41 minutes ago
- Time of India
Reliance Power bids for global tenders to build 1,500 MW gas plant
Anil Ambani 's Reliance Power Ltd is planning to set up a 1,500-MW gas-based power project overseas and is actively participating in several international tenders for its development, according to sources. Sources said, Reliance Power has submitted competitive bids for gas-based power projects in Kuwait, UAE, and Malaysia as part of its selective global expansion strategy. The company has recently secured two mega power projects in Bhutan - a 500-MW solar project and a 770-MW hydropower project. Based on the outcome of the ongoing international bids, Reliance Power plans to relocate two 750 MW modules of world-class equipment currently in its possession in India. The proposed project is expected to create significant value in Reliance Power's balance sheet, as the company aims to realise up to Rs 2,000 crore through the monetisation of these assets. When contacted, a Reliance Power spokesperson confirmed the company's participation in global tenders. Originally, the company had imported three modules of 750 MW world class equipment from General Electric, USA, for a gas-based combined cycle power project, out of which one module was exported to Bangladesh for an LNG based power project in partnership with Japan's JERA. Now, Reliance Power intends to deploy the remaining two modules for a similar project at an overseas location. The demand for gas-based power - widely regarded as a clean energy source - is significantly high in countries such as Kuwait, the UAE, and Malaysia. However, global suppliers like GE typically require 3 to 5 years to deliver equipment for gas or LNG-based power plants. In contrast, Reliance Power has 1,500 MW of equipment readily available, enabling it to execute such projects in the shortest possible timeframe. Reliance Power is actively focusing on renewable and clean energy. The company has a strong development pipeline, including 2.5 GWp of utility-scale solar projects and more than 2.5 GWh of Battery Energy Storage Systems (BESS). This positions Reliance Power as the largest private sector player in the integrated solar + BESS segment in India. Reliance Power has also entered into a joint venture with the Bhutan Government's Druk Holding & Investments (DHI) for the development of a 500 -MW solar project and a 770-MW hydropower project in Bhutan. This marks the largest foreign direct investment by an Indian private company in Bhutan's renewable energy sector.


Time of India
42 minutes ago
- Time of India
Germany reports highest-ever Indian student intake amid US visa uncertainty; 35% spike in applications
HYDERABAD: Germany appears to be emerging as the new academic destination of choice for Indian students, with the German Embassy in Delhi reporting a 35% rise in applications from India in 2025 - the highest number of enrolments the country has recorded to date. Overseas consultants attribute this shift largely to recent visa restrictions and increased scrutiny imposed by the United States on international applicants. From the two Telugu states alone, consultancies report that nearly 40% of students who initially aimed for a place at a US university have now shifted their focus to Germany, followed by France. "These students, in fact, withdrew their applications from American universities to apply to European nations," said Rajni Mankotiya from Way2Abroad Consulting, a registered consultancy based in Himayatnagar. He added: "They had been waiting for US visa slots to open, but with no clarity even now, they are exploring Germany for the October intake - some are also considering the March intake." You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad The most sought-after courses include business management, automobile engineering, mechanical engineering, industrial engineering, and artificial intelligence and machine learning. "The US was my dream, as it is for many others. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo But it's too risky at the moment," said Shubhan Jay from Attapur, who has now decided to pursue a master's in mechanical engineering in Germany. "This country wasn't even on my radar, but the more I read about it, the more impressed I was. The tuition fees are under 12 lakh, and the cost of living ranges from 700 euros to 900 euros per month (approximately 70,000 to 90,000), which is far more affordable than the US. I'll begin my application process next month," he added. This shift in preference is also reflected in recent data. According to University Living's European Report, the number of Indian students enrolled in Germany rose from around 46,000 in 2024 to an estimated 54,000 in 2025. "If this upward trend continues, the number could exceed 1.14 lakh by 2030," said Saurabh Arora from University Living, a global student accommodation service provider. "Recent policy changes have encouraged many to consider Germany, as it offers affordability and long-term prospects." Germany currently offers an 18-month post-study work visa to international students, which is another major draw among aspirants. "My only concern was the need to learn the language, but my consultant assured me that most universities use English as the medium of instruction," said Pavanita K, an interior designer from Hyderabad planning to move to Germany for a master's in architecture. Indeed, Goethe-Zentrum, a non-profit German cultural centre, is already witnessing a sharp rise in students enrolling to learn the language. "We currently have around 700 students learning German, and this year nearly 10,000 sat the German language certification exam. This certification is valuable for university and job applications. The numbers are only going to rise as more and more students view Germany as a viable destination for higher education," said Amita Desai, director at Goethe-Zentrum.