Date of Post: 17 Dec, 2018
As many as 52 projects for rail connectivity to ports are underway, entailing an investment of Rs 44,605 crore, an official said. These projects are being undertaken by the Indian Port Rail Corporation Ltd (IPRCL) and the Ministry of Railways. A Shipping Ministry official said, IPRCL has taken up 32 projects worth Rs 18,253 crore across 9 major ports.
- Out of the 32, 8 projects worth Rs 175 crore have been completed.
- In addition, 23 rail connectivity projects worth Rs 24,877 crore identified under Sagarmala have being taken up by the Ministry of Railways.
- Of the total 23, Seven projects entailing Rs 2,491 crore investment have been completed.
- Sagarmala is a port-led development programme of the country which seeks to reduce logistics cost for both overseas and domestic trade.
- Another 15 rail projects worth RS 4,193 crore have been taken up, out of which 3 projects worth Rs 52 crore have been completed.
- The official said,18 projects have been completed, while total 52 projects with an investment of Rs 44,605 crore are in various stages of implementation by these agencies.
- Besides,the Jawaharlal Nehru Port Trust and ministry of Railways and the governments of Maharashtra and Madhya Pradesh,has recently signed a pact for implementation of the 362 km Indore- Manmad New Railway Line Project.
- The official said,the new project will reduce the distance from Mumbai-Pune to key central India locations by 171 kilometers, resulting in lower logistics costs.
- This new railway line will pass through the Delhi to Mumbai Industrial Corridor nodes of Igatpuri, Nashik and Sinnar; Pune and Khed; and Dhule and Nardana.
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