Cabinet clears Rs.11,000 Cr Railway projects including Vizianagaram-Tititalagarah Line

25 May, New Delhi

The Cabinet Committee on Economic Affairs, CCEA Wednesday gave its approval for Railway projects worth Rs 11,000 crore. These include Bina-Katni 3rd line project at an estimated cost of nearly 2,500 crore.

The 279 km long railway line is expected to be completed in five years. Another project is Vizianagaram and Titlagarh 3rd line project, costing nearly 2,335 crore.

The length will be 265 kilometre and will be completed in 5 years. It also included doubling of Surendranagar-Rajkot project, Pune-Miraj-Londa railway line and Roza -Sitapur Cantt.- Burhwal Broad Gauge single line.

CCEA also approved ex-post facto proposal of Yes Bank Limited for increase in foreign investment limit to 75 per cent from existing 41.87 per cent.