Follow us on
Welcome Guest! You are here: Home » Business & Economy
Railways to offer civil contracts for 1,000 km next fiscal
Wednesday February 12, 2014 5:29 PM, IANS

Railway Minister Mallikarjun Kharge Wednesday said that the government has set a target to award construction contracts for about 1,000 km in the next fiscal for implementing eastern and western dedicated freight corridors project.

"Implementation of the eastern and western dedicated freight corridors project is making good progress with the award of nearly 1,100 km of civil construction contracts till now," Kharge said in his maiden rail budget speech.

"During 2014-15, another 1,000 km of civil construction contracts are targeted, besides award of Systems contracts."

The minister said a joint feasibility study for Mumbai-Ahmedabad high speed corridor has been started and will be completed in 18 months.

The joint study is being co-financed by Indian Railways and the Japan International Cooperation Agency (JICA).

Apart from a feasibility study, a business development study on the same corridor is also being undertaken by French Railways (SNCF). The study is expected to be completed by April 2014.

The minister added that besides the high speed projects, railways intend to explore low cost options for raising speeds to 160-200 km per hour on select routes like Delhi-Agra and Delhi-Chandigarh.

Share this page
Note: By posting your comments here you agree to the terms and conditions of
comments powered by Disqus
| Quick links
Contact us
Subscribe to: RSS » Facebook » Twitter » Newsletter Disclaimer | Terms of Use | Advertise with us | Link Exchange is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.
© 2012 Awaz Multimedia & Publications. All rights reserved.