November 05, 2024 15:01 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region | US presidential election: Donald Trump ahead of Kamala Harris in swing states, poll survey predicts | 'I strongly condemn Hindu temple attack, intimidation of our diplomats': PM Modi amid Canada row | 'I strongly condemn Hindu temple attack, intimidation of our diplomats': PM Modi amid Canada row
Rail Budget: Railways to implement EPC mode for undertaking works

Rail Budget: Railways to implement EPC mode for undertaking works

| | 25 Feb 2016, 04:23 pm
New Delhi, Feb 25 (IBNS): Railways Minister Suresh Prabhakar Prabhu on Thursday said that Engineering Procurement and Construction (EPC) mode will be implemented for allotting works to ensure participation of large professional players and minimizing cost and time overruns.

While introducing the Railway Budget for 2016-17 in Parliament on Thursday, the Minister said that at least 20 projects in the next financial year will be taken up on this mode of contracting and all works above Rs.300 crore will be awarded on this mode.

The Minister said that Indian Railways will seek services of private parties in non-operational areas such as cleaning, facility management etc.

He also said technological solutions for project management and monitoring will also be taken up.

The latest Drone and Geo Spatial based satellite technology will be used to monitor physical progress across major projects and also the progress on Dedicated Freight Corridor, he added.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.