Reliance Infra debuts in railway space, bags EPC contract
Mumbai, April 19: Reliance Infrastructure Limited EPC has received the Letter of Award (LOA) from Rail Vikas Nigam Limited (RVNL) for its maiden railway project worth Rs 774 crore for the construction of third rail line between Jimidipeta and Gotlam on East Coast Railway on Engineering, Procurement and Construction (EPC) basis, the company said on Thursday.
The 105 km-long line will run in Andhra Pradesh and Odisha. The scope of work includes civil, track, electrification, signalling and telecom works of the rail line. The work also includes construction of 13 railway stations and staff quarters.
"RInfra has strong credential in successful execution of complex EPC projects in various sectors including railway and metro space. This order marks our foray into Railway EPC segment and further strengthens Reliance Infrastructure Limited’s bona fide to lead in construction of rail transportation systems. The company is well positioned in the emerging railway market and poised to capture a sizable share," said Arun Gupta, CEO, Reliance Infrastructure EPC.
The railway line between Jimidipeta to Gotlam is part of Titlagarh-Vizianagaram section. At present, Titlagarh-Vizianagaram is a double line (electrified) track section of Jharsuguda- Visakhapatnam line.
It is an important rail link between Jharsuguda and Visakhapatnam, and serves as a bypass rail link to Howrah-Mumbai trunk route and Howrah-Chennai main line of East Coast region.
It also caters to the goods and passenger traffic from Bhubaneswar, Sambalpur and Raygada with Koraput on the Kottavalsa-Kirandaul line. The line traverses through western Odisha and Andhra Pradesh. This line will lead to development around the entire area, the statement said.
Indian Railways has a plan outlay of more than Rs 7 lakh crores in the coming five years towards decongestion of railway line (doubling), new railway line, high speed railway, station development and others.
Reliance Infrastructure Limited is keenly pursuing project opportunities worth around Rs 2 lakh crore to increase its EPC order book to Rs 50,000 crore by FY19.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
ISRO's PSLV-C62 lifts off with earth observation satellite, 14 other payloads
Sriharikota (Andhra Pradesh) (PTI): ISRO's trusted workhorse PSLV lifted off from the spaceport here on Monday, carrying an earth observation satellite along with 14 other commercial payloads for both domestic and overseas customers.
Marking the first launch of the year, the mission is part of the contract secured by NewSpace India Ltd, the commercial arm of ISRO.
The 44.4 metre tall four-stage PSLV-C62 rocket soared from the first launch pad at a prefixed time of 10.18 hours on Monday.
After a journey of 17 minutes, it is expected to place the satellites into Sun Synchronous Orbit at an altitude of about 511 km.
After the separation of all the satellites, scientists would restart the fourth stage (PS4) of the rocket to de-boost and enter a re-entry trajectory for the separation of the last satellite, the Kestrel Initial Technology Demonstrator (KID) capsule.
This process is expected to last over two hours after lift-off.
Both the PS4 stage and the KID capsule would re-enter the Earth's atmosphere and make a splashdown in the South Pacific Ocean, ISRO said.
