OREANDA-NEWS. August 08, 2011. Indian Railways are executing 340 projects consisting of 129 new line, 45 gauge conversion and 166 doubling projects having a throwforward of about Rs. 1,25,000 crore with limited availability of resources. As a result projects are being progressed as per availability of resources, reported the press-centre of Indian Railways.

To expedite completion of the ongoing projects are also to avoid cost and time overrun, the Railways are making efforts to generate additional funds through measures which are other than Gross Budgetary Support.

The measures adopted such as Public Private Partnership, participation by State Governments/beneficiaries; additional funds for National Projects as also implementatio0n through Rail Vikas Nigam Limited have started yielding positive results. Also, a Central Organisation for Project Implementation (COPI) is proposed to be set up for expeditious and timely execution of projects.