December 02, 2008

SER plans INR 569 crore CAPEX

BS reported that South Eastern Railway has lined up an investment of INR 569 crore in 2008-09 for various projects like doubling of tracks, setting up new sidings for loading and unloading, signaling and also passenger amenities. This apart, SER is also planning to go ahead with a major project which is set to boost its coal loading by around 36 million tonnes per annum.

Mr AK Jain GM of South Eastern Railway said that "We are looking to build a 74 kilometer long track which will connect Mahanadi Coalfields Limited with the most suitable railhead. This project would be commissioned within 4 years and it is expected to bring an additional coal traffic of 36 million tonnes per annum for SER."

In January 2008, South Eastern Railway has completed the broad gauge conversion project between Bnkura and Rainagar and broad conversion project between Baripada and Bhanjpur was commissioned in February 2008.