Railways Have Undertaken More Than 20 Projects Worth Rs 14,000 Crore

Photo credit: Mika Stetsovski via Foter.com / CC BY
Photo credit: Mika Stetsovski via Foter.com / CC BY

New Delhi: Railways have undertaken more than 20 projects worth Rs 14,000 crore during the 12th Five year Plan, including those for laying new lines, doubling the existing ones, enhancing port connectivity and electrifying its network under PPP model.

While seven PPP projects worth Rs 5693 crore are under implementation as part of joint venture model, as many others involving an expenditure of Rs 2236 crore are being implemented under customer funded model, official sources said.
Three PPP projects worth Rs 3016 crore are being executed through the annuity route and in-principle approval has been accorded to six others worth Rs 3078 crore.

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