ISLAMABAD: The federal government has allocated Rs41 billion for executing 43 ongoing schemes of Railways Division under the Public Sector Development Programme (PSDP) for the fiscal year 2016-17.
The government has specified Rs36.6 billion for 34 ongoing development projects and Rs2,450 million for two new schemes of the Ministry of Railways. The government allocated Rs1,888 million for seven schemes of the Pakistan Railways Under China-Pak Economic Corridor (CEPC).
Out of the total allocations of ministry’s ongoing schemes, Rs14,000 million have been allocated for procurement and manufacturing of 75 new DE locomotives and Rs3,830 million for procurement and manufacture of 780 high speed bogies (hopper) wagons and 20 bogies brake vans for coal transportation Phase-I. Rs2,500 million have been allocated for track rehabilitation on Khanpur-Lodhran section and Rs2,200 million has been earmarked for special repair of 100 locomotives.
