Government to Expedite Construction of Three Rail Lines to Move Coal
The government today said it will expedite the construction of three critical rail lines to facilitate faster transportation of coal to power plants, thereby helping in bringing nearly 100 million tonnes of incremental traffic to Railways.
The announcement comes at a time when the power plants across the country are facing fuel shortages.
"Railways will speed up construction of critical coal connectivity lines in Tori-Shivpur-Kathautia Area (in North Karanpura, Jharkhand), Jharsuguda-Barpalli-Sardega (in IB Valley, Odisha) and Bhupdeopur-Raigarh-Mand Area (in Chhattisgarh)," Railway Minister Sadananda Gowda said while presenting Railway Budget 2014-15.
"This will bring nearly 100 million tonnes (MT) of incremental traffic to Railways and will also facilitate faster transportation of coal to power houses," Mr Gowda said.
The three rail corridor projects, entailing about Rs 7,500 crore expenditure, are under different phases of development.
Coal and Power Minister Piyush Goyal had last week said that one of the three critical rail links in Chhattisgarh has been brought on track and efforts are on to expedite other two in Jharkhand and Odisha.
"There is potential to add another 200 or 300 million tonnes if three critical rail links are expedited in the states of Chhattisgarh, Jharkhand and Odisha...Timelines have been drawn up and the Chhattisgarh rail link has come on track," Mr Goyal had said.
As per original plans, rail project for North Karanpura coalfield, work on which had started in 1999, was scheduled for completion in 2005 but only half of it is likely to be completed by March, 2015.
Likewise, the IB Valley project in Odisha, which too started long back, should have been completed in 2009.
Coal India (CIL) has already provided over Rs 300 crore to Railways for the projects.
CIL accounts for over 80 per cent of the domestic coal output. It missed output target of 482 MT for 2013-14, producing 462 MT.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.