(a) whether the Government have signed a Memorandum of Understanding with industrial houses for undertaking the task of laying of rail tracks in the country;
(b) if so, the details thereof; and
(c) the length of such tracks and the amount proposed to be invested for laying of tracks both by the Government and the private participants?
MINISTER OF STATE IN THE MINISTRY OF RAILWAYS
(SHRI DIGVIJAY SINGH)
(a) to (c): A Statement is attached.
STATEMENT REFERRED TO IN REPLY TO PARTS (a) TO (c) OF LOK SABHA
UNSTARRED QUESTION NO. 3425 BY SHRI MOINUL HASSAN TO BE ANSWERED ON
16.03.2000 REGARDING LAYING OF RAIL TRACKS.
(a) to (c) : Yes Sir. The Government has signed the following two
Memoranda of Understanding (MOUs) for undertaking Railway
projects.
(i) MOU with M/s. Gujarat Pipavav Port Limited for forming a
Special Purpose Vehicle (SPV) for execution of Gauge Conversion of
Surendranagar – Pipavav /New Line extension to Pipavav Port. Total
length of this BG link is approx. 265 Kms. including laying of New
line of 14 Kms. from Rajula city. Tentative project cost is Rs.
270 Crores. (Rs. Two hundred & seventy Crores). The Debt-equity
ratio of the project is 1:2 with the Ministry of Railways and
Gujarat Pipavav Private Ltd. holding 50% equity each.
(ii) An MOU was signed with Government of Madhya Pradesh, Steel
Authority of India Limited and National Mineral Development
Corporation, in April 1998 for construction of new Broad Gauge line
between Dalli Rajahara – Jagdalpur. Total length of this New line
is approx. 235 Kms. Project cost was estimated at Rs. 369 Crores.
(Rs. Three hundred and sixty nine Crores).
Cost sharing will be as under : Ministry of Railways: Rs. 133 Crores approx.. Steel Authority of India: Rs. 184 Crores approx. National Mineral Development Corporation: Rs. 25 Crores approx. Government of Madhya Pradesh: Rs. 27 Crores approx.