Thursday, November 15, 2012

Rail Board seeks developer for Elevated Rail Corridor in Mumbai

Image Source: mumbaimetro.com
During August 2012, a total 2,613 project tenders worth Rs. 42,212 crore were floated. Among the floated tenders, 1,999 tenders worth Rs. 10,187 crore were by various State Government entities, 591 tenders worth Rs. 32,002 crore by the Central Government and balance 23 tenders were by private companies.

Image Source: BusinessLine
The most notable tender was issued by Ministry of Railway (Railway Board for development of elevated rail corridor. On 08 August 2012, the board invited RFQs for development of 63 km long, mostly elevated (partially underground/at grade) rail corridor between Oval Maidan-Churchgate-Virar of Western Railway in Mumbai Area. The project will be implemented through PPP on DBFOT basis. The cost of this project is estimated at Rs. 21,000 crore.

Wednesday, November 7, 2012

Railways projects developments


The Central Government has given in-principle approval for preparing the DPR to introduce metro rail services in Bhopal and Indore in Madhya Pradesh.

The DPR is likely to be ready by May 2013. The Centre and the state will bear its cost in the ratio of 50:50. The Urban Administration and Development Department of the state will float a tender to select a company for preparing the DPR for the two cities. The length of the metro rail track in Bhopal is 28.5 km and for Indore it will be about 33 km. The Bhopal metro rail project is estimated to cost Rs. 6,000 crore while Indore project will cost about Rs. 7,500 crore. The feasibility survey for the two projects was done by DMRC.

The Housing and Urban Development Corporation (HUDCO) may extend financial assistance upto Rs. 700 crore for the construction of the Kochi Metro project in Kerala. Currently, HUDCO is studying a proposal in this regards. The Kochi metro project is expected to cost over Rs. 5,000 crore and would have 22 metro stations. Earlier, HUDCO had provided Rs. 700 crore to Bangalore Metro and also accorded ‘in principle’ approval to the funding of Jaipur Metro. Also, it is looking at getting equity in the Delhi-Mumbai Industrial Corridor.

The Kerala Government has approved a proposal for setting up Kerala Monorail Corporation, a fully owned company under the government, to implement the monorail projects in Kozhikode and Thiruvananthapuram.

With this approval, the state Cabinet has taken the monorail projects out of the control of the Transport Department and handed it over to the Public Works Department (PWD). Thus, Kerala Monorail Corporation, a SPV, will implement the two monorail projects under the overall control of the PWD. The SPV to be headed by the Chief Minister will take up the monorail project in the capital once the DPR is submitted by the DMRC. Kerala Monorail Corporation’s first project will be the 14.5-km elevated rail-based mass rapid transit system (MRTS) from Kozhikode Medical College to Meenchantha in the city. The next in line will be the 41.8-km monorail project from Mangalapuram to Neyyattinkara in Thiruvananthapuram. The 22.2-km Phase I from Mangalapuram to Thampanoor is expected to cost Rs. 2,775 crore while the Phase II of 19.6 km from Thampanoor to Neyyattinkara will cost Rs. 2,324 crore.

The Maharashtra Government on 4 October 2012 accorded approval to the Rs. 900-crore Konkan railway project. The proposed project will connect to all the important ports in the state. While the state government will invest Rs. 450 crore, the remaining Rs. 450 crore will be allocated by the Central Government. The state government will rope in private companies associated with the port development authority to raise the equity to fund the project. The Central Government has begun the process of conducting survey to outline the details and feasibility of the project. This apart, Narayan Rane, State industries minister has sought Rs. 250 crore for a terminal in village Madure in Sawantwadi. Currently, land acquisition is underway and the project is expected to be completed by 2014. Also, in the pipeline is the Rs. 1,200 crore Kolhapur-Vaibhavwadi railway link project. However, details of the project are yet to be worked out.

Saturday, November 3, 2012

CIL has decided to spend Rs 2,500 crore to set up a 300 km railway infrastructure in Chhattisgarh

Coal India (CIL) has initiated the process of setting up more washeries during the 12th Five-Year Plan Period. The company is planning to set up 20 washeries with a total capacity of 111.1 million tonne. Of the total, six washeries are of coking coal (19 million tonne) and 14 are of non-coking coal (92 million tonne). It has started finalising tender for four washeries of 22.5 million tonne. Currently, CIL operates 17 washeries with a total capacity of 39.4 million tonne. Out of these, 12 are coking coal with a capacity of 22.18 million tonne, while five are non-coking washeries with a capacity of 17.22 million tonne. Also, CIL may spend additional Rs. 14,500 crore as part of capex during the 12th Five Year Plan period. CIL has decided to spend Rs. 2,500 crore to set up a 300 km railway infrastructure in Chhattisgarh. The rail line will help transportation of 120 million tonne of additional coal. The company is holding discussions with the Indian Railways and states to lay three new railways lines in Chhattisgarh, Jharkhand and Orissa to overcome evacuation problems.