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Cabinet approves Nine projects worth Rs. 24,374.86 crore in Nine States

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Capital Market
Last Updated : Aug 26 2016 | 12:01 AM IST
Big boost to rail network

In a major push to give a boost to the infrastructure sector in the country, the Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for nine projects worth Rs. 24,374.86 crore in nine States for expansion of railway network and connectivity across the country.

S.No. States Project Length

(kms)

Expenditure

(in crores)

1 Assam Construction of 2nd railway line between New Bongaigaon and Kamakhya 176 2586.852 Jharkhand Construction 3rd line between Kharagpur (Nimpura) and Adityapur 132 1483.363 Chhattisgarh and Maharashtra Construction of 3rd line between Rajnandgaon-Nagpur (Kalumna)in Rajnandgaon district of Chhattisgarh and Gondia, Bhandara and Nagpur districts in Maharashtra 228.3 2,193.534 Uttar Pradesh and Madhya Pradesh Construction of 3rd line between Mathura and Jhansi

Construction of 3rd line between Jhansi and Bina

273.80

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152.57

4,377.13

2,273.84

5 Madhya Pradesh and Maharashtra Construction of 3rd line between Itarsi and Nagpur 280 km 2,882.946 Telangana and Maharashtra Construction of 3rd line between Ballarshah and Kazipet 201.04 2,403.227 Andhra Pradesh Construction of 3rd line between Vijaywada and Gudur 287.67 3,875.688 Odisha and Chhattisgarh Construction of 4th line between Jharsuguda and Bilaspur 206 2,298.31 TOTAL - Nine projects 1,937.38 24,374.86

Besides facilitating the travel by easing the traffic bottlenecks, the approved lines would help the upcoming industries in the region and additional transport capacity to meet their requirements.

The goods trains supplying foodgrains from one region to another, various industries, mines, coal fields and power plants will have additional transport capacity through these lines resulting in more revenues to Indian Railways.

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First Published: Aug 25 2016 | 2:20 PM IST

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