Modernisation of Indian Railways and Rail infrastructure is being upscaled in a planned manner: VK Yadav
Indian Railways rolling stock to generate an investment of the tune of Rs 1 lakh crore in next 5 years
"In the last 5 years we have made a vision for the development and modernisation of Indian Railways and rail infrastructure is being upscaled in a planned manner," said VK Yadav, chairman, Railway Board. He was speaking at the International Rail Conference 2019 coinciding with 13th International Railway Equipment Exhibition (IREE) at New Delhi.
Indian Railways aims to create an infrastructure capacity which is ahead of demand in the next 5-10 years, said Yadav. On the decongestion plans along the high-density rail routes which carters to around 96% of the total traffic, he informed that Indian Railways is going ahead in a very focussed manner in multi tracking this high-density network in a 3 to 4 years’ time frame. In future, railways will to go for only 2 types of train speed, 160 km/hr, which will be gradually upgraded on the existing network and a high-speed network of 320 km/hr for green field projects.
Indian Railways is also mooting the concept of introduction of the private train operators and would be coming up with the bidding process for selecting the private train operators soon.
On the green initiatives front, Yadav informed that Indian Railways plans electrification of its entire network in the next three years. Railways has also gone ahead with solar panels for Indian Railways. 95% of the trains have been fitted with the bio toilets and will achieve 100% target in coming 2-3 months. All this will bring significant improvement in the environment conditions.
Joe Ghartey, Minister for Railway Development, Government of Ghana, addressing the CII International Railat the conference said, “Ghana, is one of the fastest growing economy in the world and is on the cusp of becoming one of the most developed country in Africa”. The country intends to transform the nation by transforming the Railways and are looking forward to implementing new ideas and new technologies. Ghana aims to develop 4000 km of rail network in next 10 years and India is going to play a crucial role in the development of this modern rail network, mentioned the Minister.
A memorandum of understanding (MoU) was also signed between Ministry for Railway Development of the Republic of Ghana and RITES. This will enable Ministry for Railway Development of the Republic of Ghana to actively consider RITES for assigning the Projects on development & promotion of Governments’ own Investment/ Line of Credit/ Private Investment in the Republic of Ghana.
Rajesh Agrawal, member (rolling stock), Railway Board said that the rolling stock industry world over is growing at 4-5% which is a high growth world over, where in India it is growing at an exponential rate of 30-35 percent. The areas which will bring huge change are - trains, transportation (mobility) and technology.
The railways is working towards delivering the aspirations of young India with Skill, Scale and Speed. To achieve this, it is focussing on 5 different areas that is - transforming the existing passenger experience, heralding world class mobility- entering high speed era, reducing cost of logistics, spearheading Advance manufacturing and focussing on export ready manufacturing and jobs.
AK Agrawal, additional member, Railway Board, said that Indian Railways has created few more new records. Vande Bharat train, indigenously developed by integrated coach factory, Chennai, in a record time of 18 months and at a cost of Rs 97.3 crore, which is 40-50% less than what could be produced outside and is a remarkable achievement.
Railways has also created a biggest success story of Swachh Bharat Mission. On a daily basis, the Railways carries 2.2 lakh bio- tanks every day and processes around 4000 tonnes of human waste every day. This was unthinkable at one point of time and has been possible with the help of industry partners.
As per plans, an investment of Rs 1 lakh crore is to be generated from the railways rolling stock business mainly in coach manufacturing, maintenance where there is going to be a technology shift to predictive maintenance.