Railway takes up Rs.15000 cr retrofit task

    Indian Railways
    In a major move forward, the Indian Railways will invest Rs.15,000 crore in retrofiing of coaches in over six years, starting from the current financial year. It has been planned to induct about 40,000 coaches with upgraded interiors by 2022-23. The approximate cost for refurbishing each coach will come to around Rs.30 lakh, Union Railway Minister, Suresh Prabhu said that from April 2018 onwards the Railways will stop producing the current Integral Coach Factory (ICF) coaches and will focus on producing only Linke Hoffman Busch (LHB) coaches designed by Alstom Germany. Indian Railways’ move is to improve the safety of coaches and reduce the casualties in case of accidents. Out of the total 63,000 coaches that Indian railways have, about 53,000 are unsafe as they do not have the anti-climbing technology and it is expecting an overall investment of about Rs.15,000 crore for retro-fitment of coaches. Out of the total 40,000 coaches, around 40% will be done through private participation, said member, Rolling Stock, Railway Board, Ravindra Gupta.
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