Seventy Seven New Railway Projects

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....eventy Seven New Railway Projects <br>News and Press Release<br>Dated:- 26-2-2015<br><BR>Worth &#8377; 96,182 Crore Sanctioned While last mile connectivity projects continue to be accorded the highes....

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....t priority, the Railways intend to fast track the sanctioned works on 7,000 kms of double/third/fourth lines and commission 1200 km in 2015-16 at an investment of &#8377; 8686 crore. Presenting the Ra....

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....ilway Budget 2015-16 in Parliament today Railway Minister Shri Suresh Prabhakar Prabhu said this budgetary allotment under Capital is 84% higher than 2014-15. He said, "We also intend commissioning 80....

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....0 km of gauge conversion. Additionally, we have sanctioned 77 projects covering 9,400 km of doubling/tripling/quadrupling works along with their electrification at a total cost of &#8377; 96,182 crore....

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.... which is over 2700% higher in terms of amount sanctioned in 2013-14, 2014-15 being a Plan holiday". The Minister said the priority for undertaking projects has been determined by a designated commit....

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....tee for capacity enhancement, revenue generation and decongestion. He said negotiations are on with financial institutions for funding of these projects through extra budgetary resources. These projec....

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....ts cover almost all States, the Minister added.<BR> News - Press release - PIB....