Railways need nearly Rs 5 lakh crore to complete all sanctioned projects for which it is mobilising additional resources including private investment, FDI and private-public partnership.
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A private view
Pankaj Malviya describes the first ever PPP project with the Indian Railways—the Pipavav Railway—connecting the privately owned Pipavav port by rail to its biggest hinterland, the North. Predictably, this route is the epitome of modern practices and profitability.
IR's 709 km tracks in 2010-11
Indian Railways (IR) added a 709 km of tracks to its network during the financial year 2010-11.