IRFC could fund bullet train project extension
RAILWAYS & METRO RAIL

IRFC could fund bullet train project extension

Indian Railway Finance Corporation (IRFC), the finance arm of the Indian Railways, is in talks with the National High Speed Rail Corporation Ltd (NHSRCL) to finance the extended portion of the Mumbai-Ahmedabad High-Speed Rail Project.

To further expand its funding purview, IRFC will now look to finance private players having operational linkage with the Indian Railways.

IRFC said its memorandum of articles permits it to finance any sector which has forward or backward linkage with Indian Railways including ports and logistics for connectivity.


Make in Steel 2021

24 February 

Click for event info


4th Indian Cement Review Conference 2021

17-18 March 

Click for event info


There are talks on certain parts of the railways being considered for privatisation, including high-speed trains on certain routes. With an investment of about Rs 30,000 crore private players will procure their own rolling stock and run on these routes. Some of these have also approached IRFC for financing the rolling stock because of the low-cost funding provided by the financing arm.

The Government of India has remained the largest client for IRFC and will remain so at least for next 8-10 years because of the execution of the National Rail Plan, under which the government aims to spend Rs 10 lakh crore to augment rail capacities and improve the infrastructure around it.

IRFC added that funding of projects might be done in some sectors depending on the viability of the projects.

Image:Under the National Rail Plan, the government aims to spend Rs 10 lakh crore in the next 8-10 years 


Also read: Bullet Train contracts to prefer Indian firms

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Indian Railway Finance Corporation (IRFC), the finance arm of the Indian Railways, is in talks with the National High Speed Rail Corporation Ltd (NHSRCL) to finance the extended portion of the Mumbai-Ahmedabad High-Speed Rail Project. To further expand its funding purview, IRFC will now look to finance private players having operational linkage with the Indian Railways. IRFC said its memorandum of articles permits it to finance any sector which has forward or backward linkage with Indian Railways including ports and logistics for connectivity.Make in Steel 202124 February Click for event info4th Indian Cement Review Conference 202117-18 March Click for event info There are talks on certain parts of the railways being considered for privatisation, including high-speed trains on certain routes. With an investment of about Rs 30,000 crore private players will procure their own rolling stock and run on these routes. Some of these have also approached IRFC for financing the rolling stock because of the low-cost funding provided by the financing arm. The Government of India has remained the largest client for IRFC and will remain so at least for next 8-10 years because of the execution of the National Rail Plan, under which the government aims to spend Rs 10 lakh crore to augment rail capacities and improve the infrastructure around it. IRFC added that funding of projects might be done in some sectors depending on the viability of the projects.Image:Under the National Rail Plan, the government aims to spend Rs 10 lakh crore in the next 8-10 years  Also read: Bullet Train contracts to prefer Indian firms

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?