The Karnataka Government has set up a high-powered co-ordination committee under the chairmanship of Chief Secretary, S V Ranganath to monitor the progress of various railway projects in the state. The committee will coordinate with the Ministry of Railways to review the progress on a monthly basis.
For constructing a railway bridge with approach lines in Bangladesh, Afcons Infrastructure, along with its joint venture partner Ircon, a public sector unit of the Ministry of Railways, has bagged Rs 453 crore contract.
The railway minister stated that only one of the 99 new rail line projects announced in the past decade have been completed and 359 projects out of 676 projects approved in the last 30 years are still pending with their costs doubling to Rs 182,000 cr.
The Union Railway Ministry has announced a collaboration between the Centre and the Maharashtra Government for several projects, including elevated corridors between Chhatrapati Shivaji Terminus (CST) and Panvel and Churchgate and Virar in the city.
India and China have signed two inter-governmental documents and 18 other documents for cooperation, covering a host of issues including a feasibility study on Delhi-Nagpur high speed railway, construction of Delhi-Chennai high-speed railway and establishment of China-India Technology Park in Hainan Province.
In an effort to reduce its carbon footprint by electrifying 2,400 km of railway tracks over the next five years, the railway ministry will collaborate with various public sector enterprises to speed up the electrification process, which will in turn reduce its annual fuel bill by Rs 10,000 crore.