The ambitious Rs 81,459 cr worth 'Dedicated Freight Corridor' (DFC) project, meant for faster goods movement, will be completed by 2019.
The corridors would be utilizing the latest technology in rail transportation enabling average speed of freight trains to be raised from 25 kmph to 80 kmph and then 100 kmph. The corridors would use high horse power engines for haulage and specially designed wagons
The Railway Research and Development Organisation (RRDO) had developed capacity to design and make in the country itself with the specialized high capacity and high speed wagons for use on these corridors
| Proposed investments | Cost (in Rs crore) |
|---|---|
| Network decongestion (including dedicated freight corridors, electrification, doubling) | 1,99,320 |
| Network expansion (including electrification) | 1,93,000 |
| Safety (track renewal, bridges, signalling and telecom) | 1,27,000 |
| Rolling stock (locomotives, coaches, wagons) | 1,02,000 |
| Station redevelopment and logistic parks | 1,00,000 |
| High speed rail and elevated corridor | 65,000 |
| National projects (North Eastern and Kashmir connectivity projects) | 39,000 |
| Passenger amenities | 12,500 |
| Information technology and research | 5,000 |
| Other projects | 13,200 |
Building Locomotives for Railway Modernization
US major General Electric and French giant Alstom have bagged $5.6 billion ( Rs 37,000 crore) worth of contract from the Indian Railways to build locomotives in Bihar. The projects, closely monitored by the PMO, involve manufacturing of 1000 diesel locomotives and 800 electric locomotives over next 11 years and is worth about Rs.40,000 crore.
A joint venture company between Ministry of Railways and GE Global Sourcing India Pvt. Ltd will now be incorporated, which shall construct and run the diesel locomotive factory (DLF), Marhowra. Ministry of Railways will hold 26% equity in the JV company.
France's Alstom has been picked to supply 800 electric locomotives and will also build an electric locomotive factory in Madhepura, Bihar for $3 billion.
GE will also work on an assured off-take model of 100 locomotives per annum for 10 years and the basic cost of 1000 freight locomotives will be about Rs 14,656 crore.
The government plans to invest $137 billion to modernize the railways by 2020.
Diamond Quadrilateral
The Diamond Quadrilateral is a project of the Indian railways to establish high speed rail network in India. This quadrilateral will connect the four metro cities in India, i.e. Delhi, Mumbai, Chennai and Kolkata.
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This blog is intended to list all major projects initiated by or supported by NDA Govt and PM Modi. Information is collated from government websites and several publically available information on news sites and blogs. Please use comment section or contact form below to notify any updates or corrections. Thank You.
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