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Cabinet panel clears projects worth Rs 590 cr
The government has cleared a slew of investment proposals including two railway projects involving over Rs 203 crore and a power evacuation scheme at a cost of Rs 390.12 crore.
The government has cleared a slew of investment proposals including two railway projects involving over Rs 203 crore and a power evacuation scheme at a cost of Rs 390.12 crore.
Parliamentary Affairs Minister Pramod Mahajan told reporters Tuesday that the Cabinet Committee on Economic Affairs approved the doubling of the 25-km Rajatgarh-Barang branch line at a cost of Rs 133.54 crore.
The project, to be funded out of the internal resources of the railways, is aimed at meeting the growing demand for power grade coal from Talcher Coal Fields in Orissa to the power stations in southern India, he said. The CCEA at its meeting held Monday evening also approved upgradation of railway infrastructure facilities to introduce the Multi Modal Transport System (MMTS) on the Secunderabad- Falaknuma-Hyderabad-Lingampalli section at a cost of Rs 69.96 crore, he said.
The cost would be borne equally by the Andhra Pradesh government and Railways, he said, adding that the approval was given subject to a surcharge of not less than 25 per cent of the fare to be levied for journey on the system which would accrue to the railways.
Bureau Report
Parliamentary Affairs Minister Pramod Mahajan told reporters Tuesday that the Cabinet Committee on Economic Affairs approved the doubling of the 25-km Rajatgarh-Barang branch line at a cost of Rs 133.54 crore.
The project, to be funded out of the internal resources of the railways, is aimed at meeting the growing demand for power grade coal from Talcher Coal Fields in Orissa to the power stations in southern India, he said. The CCEA at its meeting held Monday evening also approved upgradation of railway infrastructure facilities to introduce the Multi Modal Transport System (MMTS) on the Secunderabad- Falaknuma-Hyderabad-Lingampalli section at a cost of Rs 69.96 crore, he said.
The cost would be borne equally by the Andhra Pradesh government and Railways, he said, adding that the approval was given subject to a surcharge of not less than 25 per cent of the fare to be levied for journey on the system which would accrue to the railways.
Bureau Report