The ongoing railway projects across India would require Rs 1.25 lakh crore for completion. As on 1 April 2011, Railways have a huge throw forwÂard of ongoing projects under new lines, gauge conversions and doubling across the country requiring about Rs 1,25,000 crore for completion, Minister of State for Railways Bharatsinh Solanki said. He said paÂucity of funds, delay in land acquisition, court cases and forÂestry clearance are some of the reasons for the delay in completion of the projects. Failure of contracts and contractors, adverse law and order conditiÂons and non availability of material and other economical reasons are affecting the progress, he said. In such a scenario, he said, no fixed time frame for completion of all the projects would be feasible.
FlashNews:
Suzlon Secures Maiden 200 MW Wind Order from Ayana Renewable Power
Tata Power Solaroof Crosses Half‑Million Rooftop Milestone, Targets 3 Million by 2029
REC Issues India’s First Tokenised Corporate Bonds Under SEBI Sandbox
IndiGo to Begin Guwahati-Bangkok Flights, Expanding Northeast India’s Global Reach
Suhora Technologies Launches Open Satellite Platform to Support Nepal Flood Response
WABAG Wins RIL Repeat Order for Advanced ETP at Jamnagar
Homegrown Airtel Cloud Seeks to Support India’s Sovereign Manufacturing AI
Air India’s VT‑AWD Dreamliner Arrives After Completing 500 Checks
RVNL Secures ₹90.3 Billion Order for Rail Connectivity to Buxar Thermal Power Project
Air India and IHG Hotels & Resorts Forge Loyalty Partnership
RVNL Emerges Lowest Bidder for ₹40.49 Billion EPC Package in Odisha
ISRO’s GSLV-F17 Launches EOS-05, India’s First Geosynchronous Imaging Satellite
Inox Wind Secures ₹7.55 Billion Repeat Order from Indian Oil
FLY91 Signs $1 Billion ATR Order to Drive Regional Aviation Growth
Esri Launches Linux‑Based GeoSARAL to Tap India’s Expanding GIS Market
Tata Power Commissions 400 kV Jalpura-Khurja Corridor to Strengthen NCR Grid
UrbanVault Expands into Chennai with 100,000 Sq. Ft. Across Three Properties
Naidu Chairs High‑Level Committee to Strengthen Aircraft Leasing and Financing
Windergy India 2026: Wind Sector Targets 100 GW with Manufacturing, Offshore and Repowering
Home » Rs 1.25 lakh cr needed to complete railway works
Rs 1.25 lakh cr needed to complete railway works
Railways & Metro Rail
September 1, 2011September 1, 2011


Leave a Reply
You must be logged in to post a comment.