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Setting-Up of Rail Neer Water Plants

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Capital Market
Last Updated : Aug 05 2017 | 1:28 PM IST
Indian Railway Catering and Tourism Corporation Limited (IRCTC) has been mandated to set up Rail Neer Packaged Drinking Water plants in compliance of Budget Pronouncements. At present, 7 Rail Neer Plants are operational. During the current Financial Year 2017-18, one more Rail Neer Plant at Nagpur under PPP (Public Private Partnership) mode with production capacity of 72000 litres per day, shall start commercial production by October 2017. The approximate cost likely to be incurred on this plant is about Rs 8 crore, which comprises of the civil and electrical works and plant and machinery cost.

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First Published: Aug 05 2017 | 11:53 AM IST

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