+
Railways Capex for 2020-21 pegged at all time high
RAILWAYS & METRO RAIL

Railways Capex for 2020-21 pegged at all time high

The Capex of Indian Railways for 2020-21 has been pegged at an all time high of Rs 1,610.42 billion. The emphasis is on continued capacity enhancement through accelerated investments and execution. The Capex for 2019-20 is Rs 1,563.52 billion, which is 17.2 per cent higher than the previous year. The government has increased investment and introduced modern technology while focusing on safety, speed and service to passengers.

Five measures relating to the Railways have been highlighted in the Union Budget speech by Finance Minister Nirmala Sitharaman:
1. Setting up a large solar power capacity alongside the rail tracks, on the land owned by the railways. A proposal is under consideration.
2. Four station re-development projects and operation of 150 passenger trains would be done through PPP mode. The process of inviting private participation is underway.
3. More Tejas type trains will connect iconic tourist destinations.
4. High speed train between Mumbai to Ahmedabad would be actively pursued.
5. The 148-km-long Bengaluru Suburban transport project at a cost of Rs 186 billion would have fares on metro model. The Centre would provide 20 per cent of equity and facilitate external assistance up to 60 per cent of the project cost.

Further, the target of new lines, gauge conversion and doubling/tripling for 2020-21 is 3,750 route km against 3,150 route km in 2019-20. Electrification of the entire broad gauge network is expected to be completed by 2023-24.  In 2020-21, electrification of 6,000 route km has been targeted. 

As per the Budget, the Railways also plans to induct latest technology for signalling and telecommunication system. Under modernisation plan of Railway signaling system, it has been decided to implement Centralised Traffic Control (CTC) system on Indian Railways. This will increase operational efficiency. In the first phase, CTC will be implemented on 1,830 km over eight Zonal Railways on sections provided with Automatic Block Signalling system. Further, in the second phase, CTC will be implemented over the balance eight zonal railways, along with Automatic Block Signalling system. The government has initiated the upgradation of the decades-old signalling system into an Automatic Train Protection System, which will be a mix of proven international technology as well as indigenously developed systems with an impetus to Make in India.

The Capex of Indian Railways for 2020-21 has been pegged at an all time high of Rs 1,610.42 billion. The emphasis is on continued capacity enhancement through accelerated investments and execution. The Capex for 2019-20 is Rs 1,563.52 billion, which is 17.2 per cent higher than the previous year. The government has increased investment and introduced modern technology while focusing on safety, speed and service to passengers.Five measures relating to the Railways have been highlighted in the Union Budget speech by Finance Minister Nirmala Sitharaman:1. Setting up a large solar power capacity alongside the rail tracks, on the land owned by the railways. A proposal is under consideration.2. Four station re-development projects and operation of 150 passenger trains would be done through PPP mode. The process of inviting private participation is underway.3. More Tejas type trains will connect iconic tourist destinations.4. High speed train between Mumbai to Ahmedabad would be actively pursued.5. The 148-km-long Bengaluru Suburban transport project at a cost of Rs 186 billion would have fares on metro model. The Centre would provide 20 per cent of equity and facilitate external assistance up to 60 per cent of the project cost.Further, the target of new lines, gauge conversion and doubling/tripling for 2020-21 is 3,750 route km against 3,150 route km in 2019-20. Electrification of the entire broad gauge network is expected to be completed by 2023-24.  In 2020-21, electrification of 6,000 route km has been targeted. As per the Budget, the Railways also plans to induct latest technology for signalling and telecommunication system. Under modernisation plan of Railway signaling system, it has been decided to implement Centralised Traffic Control (CTC) system on Indian Railways. This will increase operational efficiency. In the first phase, CTC will be implemented on 1,830 km over eight Zonal Railways on sections provided with Automatic Block Signalling system. Further, in the second phase, CTC will be implemented over the balance eight zonal railways, along with Automatic Block Signalling system. The government has initiated the upgradation of the decades-old signalling system into an Automatic Train Protection System, which will be a mix of proven international technology as well as indigenously developed systems with an impetus to Make in India.

Next Story
Infrastructure Urban

MSDE Conducts Workshop on ITI Upgradation Scheme

The Ministry of Skill Development and Entrepreneurship (MSDE) organised a workshop with Union Territories in New Delhi to discuss the implementation of the National Scheme for ITI Upgradation.Secretary Rajit Punhani reiterated the government’s commitment to roll out the scheme swiftly and emphasised active participation from all UTs. The scheme envisions upgrading 1,000 government ITIs under a hub-and-spoke model, with 200 hub ITIs and 800 spokes. It will be co-funded by the World Bank and the Asian Development Bank.Special Secretary and Director General (Training) Trishaljit Sethi highlight..

Next Story
Infrastructure Transport

Railways Review Plans for Nashik Simhastha 2027

Union Railway Minister Ashwini Vaishnaw and Minister of State Ravneet Singh Bittu reviewed preparations for the Nashik-Trimbakeshwar Simhastha 2027. Senior railway officials, including the GM of Central Railway and DRM of Bhusaval division, briefed the ministers on planning and execution.Indian Railways has prepared an integrated plan to enhance connectivity and manage passenger traffic at five key stations near the Mela area – Nashik Road, Devlali, Odha, Kherwadi and Kasbe Sukene.Projects worth over Rs 1,011 crore include the construction of new platforms, extension of existing platforms, f..

Next Story
Infrastructure Urban

DRDO Successfully Tests UAV-Launched Missile V3

The Defence Research and Development Organisation (DRDO) has successfully conducted flight trials of the Unmanned Aerial Vehicle Launched Precision Guided Missile (ULPGM)-V3 at the National Open Area Range in Kurnool, Andhra Pradesh.The ULPGM-V3, an upgraded version of the earlier ULPGM-V2, features a high-definition dual-channel seeker, day-and-night operational capability, and a two-way data link that allows post-launch target updates. It can be fitted with three modular warheads – anti-armour, penetration-cum-blast for bunkers, and pre-fragmentation for high lethality.The missile was rele..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?