Rajdhani Express will make a halt in Dhenkanal railway station, Rs 130 billion will be invested for the revival of the Talcher fertiliser plant in Angul district and city gas scheme will be rolled out in 13 districts,
Trains and the national railway network are meant not only for the physical movement of people and goods but also to enhance the overall quality of life of an average Indian, through innovation and corresponding investments in futuristic technology.
Investment opportunity stems from efforts of making rolling stock safer, faster and more efficient. The thrust on electrification is expected to give a spurt to electric locomotives, bringing down the fuel bill significantly, even as increasing investment in higher horse power locomotives will support longer rakes.
Delay in regulatory approval, lack of funds and land acquisition issues are taking a toll on 115 mega infrastructure projects, which face a cost overrun of Rs 1.47 lakh crore. The projects, each worth Rs 1,000 crore or more, are part of a total 339 across sectors such as power, railway and roads, that were examined by the Statistics Ministry in August 2016.