SAIL in rail coach factory venture

The Kanjikode rail coach factory project will be implemented as a joint venture with Steel Authority of India Ltd (SAIL),” said M.B. Rajesh, MP, in a statement here on Wednesday.

He said “Union Railway Minister Pavan Kumar Bansal had assured Parliament on Wednesday that the Railways were ready for a joint venture with SAIL to implement the railway coach factory project in Palakkad if the proposal was found viable.”

Mr. Rajesh said the Minister had also stated in Parliament during the Railway budget discussions that he would hold discussions with SAIL.

Reason for delay

He said the coach factory work was held up as the Railways could not find a private partner to implement the project under Public Private Project (PPP) as announced earlier. Mr. Rajesh said he had also held discussion with the Union Secretary for Steel E.K. Bharatbushan about SAIL joining hands with the Railways to implement the coach factory project.

The statement said “he had held discussions with Union Minister for Defence A.K. Antony and sought his help on the matter.”

One more train

Mr. Rajesh said Palakkad would get one more new train with the extension of the newly announced Mangalapuram-Bangalore Express through Palakkad.

To run twice a week

The Railway Minister also assured that Kachiguda-Mangalapuram and Lokmanya Tilak-Kochuveli trains now running once in a week will run twice a week.

This will help the passengers from Palakkad, the statement said.