RAILWAYS

400 stations, 90 passenger trains, Konkan rail to be monetised! Indian Railways assets to fetch Rs 1.52 lakh crore

The government has identified a total of 90 passenger trains, 400 railway stations, railway stadiums and colonies, as well as the famed Konkan and hill railways among other assets for monetisation. After road, Indian Railways is the second biggest sector identified by the government in the ambitious national monetisation plan.

According to a PTI report, monetisation of Indian Railways’ brownfield infra assets would garner over Rs 1.52 lakh crore in a period of four years till fiscal 2025. Indian Railways assets would contribute 26% of the National Monetisation Pipeline (NMP), worth Rs 6 lakh crore, unveiled by Union Finance Minister Nirmala Sitharaman on Monday.

Some of the key rail assets identified for monetisation during FY22-25 include 90 passenger trains, 400 railway stations, one route of 1,400 kilometres railway track, 15 railway stadiums, 741 kilometres of Konkan Railway and selected railway colonies, as many as 265 railway owned good-sheds, as well as four hill railways.

In the four years’ duration, monetising stations and passenger train services is expected to fetch approximately an amount of Rs 76,250 crore and Rs 21,642 crore, respectively. Monetising 673 kilometres of Dedicated Freight Corridor (DFC) would fetch an amount of Rs 20,178 crore, while track, signalling, and overhead equipment (Track OHE) are estimated to fetch Rs 18,700 crore.

Source
financial express
Show More

Related Articles

Back to top button
Close
Close