Rs.10,000cr for station redevelopment
Start-up companies to participate in the railway contracts with no earnest money being submitted by them and with no eligibility criteria, said a senior Railway official.
“Railway board is also shifting to e-office concept and by June all zonal offices will shift to e-office concept,” said Vishwesh Chaube, Member (Engineering), Railway Board, at a webinar on ‘Business Continuity Plan for Railway Sector and Path to Recovery Post COVID-19’.
Indian Railways is bullish on infrastructure projects and will achieve long term goals, said Chaube, acknowledging the short-term impact of COVID-19.
The webinar was organised by FICCI on 22 May 2020.
He also said that Indian railways is already in the process of redeveloping stations, and 62 stations are being taken up on PPP mode including New Delhi, Mumbai Central stations.
“Rs.10,000 crore will be spent in the redevelopment of the stations. Railways is geared up to complete them,” said Chaube.
Pradeep Kumar, Member (Signal & Telecom), Railway Board, added, “Indian railways is determined to encourage the use of indigenous signalling system.”
He also added, “The main focus of Indian railways will be to reduce the logistic cost to 8% from current 13% by improving asset utilizations and using multimodal transportation.” fiinews.com
