The South Western Railway (SWR) is planning to implement projects of Rs.1,745 crore which are related to the suburban rail network for Bengaluru instead of the Special Purpose Vehicle as was planned earlier. Both the state government and the Central government will share the cost 50% each.
Automatic Signalling In Some Areas Awaiting Approval
During a high-level meeting headed by Chief Secretary T M Vijay Bhaskar at Vidhana Soudha, top officials decided that the Constructions office of the South Western Railway will implement 5 projects worth Rs.1745 crore. According to a source, “The SPV will go ahead with the implementation of the Rs 22,242 crore suburban railway project after a decision on the Detailed Project Report is taken by the Centre.”
Sources have said that out of the Rs.1745 crore projects, the doubling between Yesvantpur-Lottegahalli-Hebbal-Banaswadi-Baiyappanahalli-Channasandra (170 Cr.), Baiyappanahalli and Hosur (Rs.424 Cr.), conversion of 15 DEMU rakes to MEMU ones (Rs.56 Cr.) and acquiring 11 MEMU rakes worth Rs.400 Crore have already received a sanction.
However, the automatic signaling between Baiyappanahalli-Yesvantpur-Tumukuru, Baiyappanahalli and Hosur, Yesvantpur and Yelahanka, and Bengaluru-Mandya is still waiting for approval. The suburban project will be initiated by a contribution of 20% each from the state and Central government whereas the 60% amount will be mobilized via the SPV.
Amit Garg Is The First CEO Of K-RIDE
Amit Garg is the first Chief Executive Officer of The Karnataka Rail Infrastructure Development Enterprises (K-RIDE). B-RIDE is also being formed under the K-RIDE and will be carrying the project of suburban rail for Bangalore.
According to a top official, “With a new CEO in place, the projects will gain a sense of direction.” Currently, Garg is the Engineer Constructions (West) in SWR. The Railway Board Engineer Member Vishwesh Chaubey said,” The official orders will be issued shortly.” He was in Bengaluru to finalize the process of selection.