Railways to induct 40,000 refurbished coaches
The Indian Railways is planning to induct about 40,000 coaches with improved interiors and upgraded facilities at an estimated cost of Rs 8,000 crore to provide world-class comfort to passengers.
Besides, the state-run transporter will strengthen safety features in all existing conventional coaches equipping them with strong couplers to prevent capsizing during accidents.
According to the plan, coaches will be retrofitted with refurbished interiors, improved seating arrangement and newly designed bio-toilets among other facilities.
The retrofitting would cost about Rs 30 lakh per coach.
The target is to complete the process of refurbishing of coaches with improved interiors and modern facilities in the next five years.
The aim is to make available 40,000 new look coaches in the railway fleet by 2023, said a senior Railway Ministry official involved with the project.
The work plan envisages retrofitting of 1000 coaches in the current fiscal, the number will increase to 3000 in the next fiscal and 5,500 coaches in subsequent years.
Railways also expect to manufacture 15,000 new coaches with modern features during 2018-19 and 2022-23 periods.
Railways is also focusing on the safety front by equipping all conventional coaches with centre buffler couplers (CBC), a strong coupler system.
The CBC system prevents coaches from capsizing.
While LHB coaches manufactured at Kapurthala and Raebareli factories are equipped with centre buffler couplers, the conventional coaches manufactured by the Integral Coach factory in Chennai do not have CBC.
Now it has been decided to equip all conventional coaches with CBC which enhances safety by providing anti-climbing features.It would cost about Rs 28 lakh to equip CBC in a coach.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
12:49 PM IST