Indian Railways targets completion of Rs 1.15 lakh crore worth projects by 2024

Indian Railways targets completion of Rs 1.15 lakh crore worth projects by 2024

The Indian Railways has identified 58 supercritical and 68 critical projects worth over Rs 1,15,000 crore for completion by March 2024. Railways has aimed for early completion of the projects by focused funding and continuous monitoring as it has become imperative to ease the burden of railway traffic on the golden quadrilateral, high density network routes and highly utilised network routes. The supercritical projects with a total length of 3,750 km worth Rs 39,663 crore are those involving multi-tracking – doubling/third line/fourth line on busy routes, and requiring urgent expansion, including those which are already progressing well. Till date, 29 super critical projects with a total length of 1,044 km worth Rs 11,588 crore have been commissioned. The remaining 27 projects will be completed by December 2021 while two projects will be handed over by March 2022, as per reports.

 

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