IRFC could fund bullet train project extension

18 Feb 2021 CW Team

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

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

Technology

28 Oct 2025

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Infrastructure Transport

28 Oct 2025

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

Real Estate

28 Oct 2025

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..