ECR to invest Rs 2,200 crore under PPP mode

East Central Railway, which serves parts of Uttar Pradesh, Bihar, and Jharkhand, will use the popular mode of Public Private Partnership (Extra Budgetary Resources (Partnership)) to finance its 30 plus new line projects in FY20

From its side, Indian Railways has budgeted a capital outlay of Rs 248 crore, safety fund of Rs 200 crore and a deposit of Rs 125 crore for these projects.

Major projects under this include Giridih- Koderma – Ranchi, Koderma – Tilaiya, Hajipur – Sagauli, extension of Fatuha – Islampur section to Sheikhpura via BiharSharif, Kosi bridge and Bihta – Aurangabad (Bihar).

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