Forum Super Search
Posting Date From:
Posting Date To:
Train Type:
ONLY with Pic/Vid:
Sort by: Date:     Word Count:     Popularity:     
Public:    Pvt: Monitor:    RailFan Club:    

Full Site Search
Sun Feb 18, 2018 07:11:35 ISTHomeTrainsΣChainsAtlasPNRForumGalleryNewsFAQTripsLoginFeedback
Sun Feb 18, 2018 07:11:35 IST

Blog Entry# 2349993
Posted: Jul 12 2017 (10:00)

1 Responses
Last Response: Jul 12 2017 (10:00)
Rail News
New Facilities/TechnologyKR/Konkan  -  
Jul 12 2017 (09:50)   Goa government to contribute Rs 18 crore towards Konkan Railway project

a2z~   94 news posts
Entry# 2349993   News Entry# 308157         Tags   Past Edits
Panaji: Goa government, which owns a 6% stake in Konkan Railway Corporation Limited (KRCL), has reportedly agreed to contribute an amount of Rs 18.60 crore to enable the corporation to take up track doubling and expansion in Goa. The funds will be contributed through an issue of shares by Konkan Railway to the state government in proportion to its 6% stake.
Following the approval from the Union ministry of railways, KRCL decided to increase its authorized equity share capital in order to raise funds for various capital expenditure projects, including doubling of tracks, electrification and upgradation of platforms. The clearance to increase the authorized equity share capital to Rs 4,000 crore from Rs 806 crore was given in December 2016.
difference of Rs 3,194 crore will be contributed by the Union ministry of railways and the four states of Maharashtra, Karnataka, Goa and Kerala, based on their stake in Konkan Railway.
"This figure has enabled us to take equity from the government and raise our borrowing. We are going to have a rights issue and since the state of Goa is one of the shareholders, it will contribute too. I have already met the chief minister and the chief secretary and they have assured me that they will fund as 6% of Konkan Railway is owned by Goa," chairman and managing director Sanjay Gupta said.
In 2016-17, net profit of KRCL was Rs 62 crore but being largely passenger driven, Jover 60% of the revenues came from passenger movement. "We have a very small operating margin. A large part of it goes to debt repayment. First priority is safety and we have to spend a large part of our money to ensure safety of the track," Gupta said.
In 2016-17, net profit of KRCL was Rs 62 crore but being largely passenger driven, over 60% of the revenues came from passenger movement

Jul 12 2017 (10:00)
a2z~   2413 blog posts
Re# 2349993-1            Tags   Past Edits
A good move, with higher equity base, KR shall be in a position to get funds for the doubling and electrification projects. For betterment of KR and improvement of Rly services to people especially of west coast & Karnataka, following should be helpful:
(1) As originally envisaged before commencement of KR, Mangalore should be transferred to KR shall ensure more paxs trains & revenue for KR. This is important as currently unlike rest of IR, Pax revenues are main stay of KR. Manglore port in KR shall give much needed freight loading point & more revenues.
Quick Completion of ongoing & planned KR projects like Doubling & Electrification of entire stretch, Port & hinterland connectivity projects.
(3) Running all the trains on KR with maximum rake length (24/26 coaches)

ARP (Advanced Reservation Period) Calculator

Reservations Open Today @ 8am for:
Trains with ARP 10 Dep on: Wed Feb 28
Trains with ARP 15 Dep on: Mon Mar 5
Trains with ARP 30 Dep on: Tue Mar 20
Trains with ARP 120 Dep on: Mon Jun 18


Rail News

New Trains

Site Announcements

  • Entry# 2547009
    Oct 16 2017 (10:21PM)

    As per the recent post , the new Pax Login feature has now been introduced. Here are the details of the feature set. . 1. Now you may login to the site as a Member or a Passenger, or BOTH Member & Passenger at the same time. Passenger login is called "Pax Login"...
  • Entry# 2517609
    Oct 11 2017 (09:33AM)

    As detailed here , last month, some changes were made to the PNR section. In the next phase of this rollout, we shall be further separating "Passengers" from "Members". . 1. "Passengers" will be able to login using ONLY their PNRs (no password). We shall have a Pax Login above the current...
  • Entry# 2418661
    Sep 25 2017 (07:09AM)

    @all: There are some changes coming to the PNR Forum. 1. All PNRs will be anonymized, i.e. you won't see who posted the PNRs or search PNRs by Traveller. This is to better protect the confidentiality of travelling members and their travel plans. However, members will still be able to search their OWN...
  • Entry# 2409730
    Sep 15 2017 (11:46PM)

    In recent times, the number of FM Complaints regarding "targeting me", "offensive content", "sarcastic comment", "bashing", etc. have been increasing. This has led to increased censorship and throttling of open discussions. . This is a clarification that this site is meant for a FREE EXCHANGE of ideas. Some arguments/debates/disagreements/jokes/sarcasm are ALLOWED and are...
  • Entry# 2390218
    Aug 25 2017 (12:59PM)

    There has been a partial rollout of a modification to Timeline entries. The implementation will be complete within a week. 1. Void & RAC buttons have been removed. . 2. TL Entries can now be Edited and Fixed by the original updater, if there are errors. So there is no need to Void TLs...
  • Entry# 2175399
    Feb 23 2017 (01:22PM)

    There has recently been a lot of frustration among RFs when their Station Pics, Loco Pics, Train Pics get rejected because the "number is not showing", "shed is not visible", the loco/train is at a distance, Train Board is too small, "better pic available", etc. . To address this issue, effective tomorrow, ALL...
Scroll to Top
Scroll to Bottom

Go to Mobile site
Disclaimer: This website has NO affiliation with the Government-run site of Indian Railways. This site does NOT claim 100% accuracy of fast-changing Rail Information. YOU are responsible for independently confirming the validity of information through other sources.