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Home Projects Infrastructure

IR allocates Rs.67,000crore for network

Fiinews by Fiinews
July 17, 2018
in Infrastructure, Manufacturing, Projects, Technology, Tenders
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Hi-speed rail proposed

Goyal at the MoU signing on 16 July 2018.

 

The Indian Railways has allocated a record sum of Rs.67,000 crore for development of Suburban railway network in Mumbai which is used by one third of total Railway passengers in India, Minister Piyush Goyal has announced on 16 July 2018.

The Ministry is also trying to execute a plan for setting up railway line across the national highways.

One such proposal is to connect Nagpur–Mumbai Super Express Way (Samriddhi Mahamarg) to Railway line connecting Nagpur-Mumbai. The construction of such a Hi speed Railway Corridor will make it feasible to cover distance between Nagpur & Mumbai in just 5 hours.

Meanwhile, Indian Railways and MahaMetro (Metro Railway Project Company of Maharashtra) today signed an MoU for linking railway line to Metro coaches on broad gauge network and creating a Mass Rapid Transit System (MRTS) in Nagpur city.

The MoU signing was attended by Piyush Goyal, Road Transport, Highways and Water Resources Minister Nitin Gadkari and Chief Minister of Maharashtra, Devendra Fadnavis. fiinews.com

Tags: Ministry of RailwaysPiyush Goyal
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