Rail Vikas Nigam Ltd Directors Report.

Dear Shareholders, of compliance of Corporate

Your Directors are pleased to present the 17th Annual Report and Audited Financial Statements for the Financial Year ended 31st March, 2020 together with the reports of Statutory Auditors and Comptroller & Auditor General of India theron.

Integral Reports

The "Management Discussion and Analysis Report", "Corporate Governance Report", "Corporate Social Responsibility (CSR) Report", Business Responsibility Report (BRR), "Secretarial Auditor Report", with relevant sub-appendices form an integral part of this Directors Report and have been placed as Annexure "A", "B", "C", "D", "E" and "F" respectively.

The Management Discussion and Analysis Report provides an overview of the affairs of the Company, its business environment, mission and objectives, outlook, operational performance, its resources and systems, strengths, opportunities, constraints, risks and concerns, strategies, prospects, etc. (Annexure "A").

The Corporate Governance Report highlights the Companys philosophy on Corporate Governance and Key Values, composition of Board of Directors and its Committees, attendance and remuneration of Directors etc. other relevant disclosures, CEO/

CFO Certification and general information for share holders. It is supplemented by the following compliance certificates as required under DPE

Guidelines and SEBI Regulations. (Annexure "B"). and(i) A Certificate Managing Director affirming receipt compliance with the Code of Conduct from all Board members and Senior Management personnel during the year 2019-20 (placed at Annexure "B-1") as per guidelines of Department of Public Enterprises on Corporate Governance;

(ii) A Certificate

Director (CMD) and Chief Financial Officer

(CFO) with regard to the authenticity of financial statements (placed at Annexure "B-2"); and

(iii) A Certificate

Governance signed by a practicing Company Secretary (placed at Annexure "B-3") as per guidelines of Department of Public Enterprises on Corporate Governance and Listing Regulations.

(iv) Certificateon non-disqualification of Directors as per schedule V of SEBI (LODR) Regulations, 2015(placed at Annexure "B-4") TheCorporateSocialResponsibility (CSR)Report reflects RVNLs plans, policy, budget, expenditure, evaluation process for projects and CSR activities undertaken during the year.(Annexure "C").

The "Business Responsibility Report" describes the initiatives taken by the Company from an environmental, social and governance perspective. This is in compliance with the provisions of clause (f) of sub-regulation(2) of Regulation 34 of SEBI

(LODR) Regulations (fifth Amendment) and is mandated for the top 1000 listed companies based on market capitalization 2019 (Annexure "D"). Pursuant to provisions of Section 204 of Companies Act, 2013 and Companies (Appointment and Remuneration of Managerial personnel) Rules 2014, the Company has appointed M/s. Kumar Naresh Sinha & Associates, Practicing Company Secretary, to undertake the Secretarial Audit of the Company. The Secretarial Audit Report is placed at Annexure "E".

Pursuant to section 134 (3) (a) and of the Companies Act, 2013 read wtih Rule 12 (1) of the Companies (Management and Administration) Rules 2014, the

"Extract of Annual Return (MGT-9)" and as per Section 92 (3) of the Companies Act, 2013, Annual Return is available on the website of the Company at "www.rvnl.org." The disclosure of Related Party Transactions, as required under section 134 (3) (h) of Companies Act, 2013 and Rule 8 (2) of the Companies (Accounts) Rules, 2014 in Form "AOC-2" isplaced at Annexure "F".

IMPACT OF CORONAVIRUS (COVID-19)

The COVID-19 pandemic and consequent nationwide lockdown announced by the Government of India since March 25th, 2020 has a significant adverse impact on the overall Indian Economy as well as world at large.These nationwide lockdown restrictions had impacted the normal operations of the Company by way of interruption of project execution, unavailability of personnel during the lockdown period. Since the gradual easing of the lockdown and in line with the directives of the Government, work at some project sites, where the labour and other resources are available at the site, have been started.

The Company resumed its operations only after completion of safety checks. To the extent possible, theCompanyhastakenvariousstepstoensuresafety at work place and smooth functioning of operations. The working of the company streamlined with work from home norms and roaster for the employees as per the guidelines issued by the Government

Authorities. Further, E-office is being encouraged among the officers for faster working, meetings through video conferencing (VC) is being done to maintain social distancing. The Company is taking utmost care of its staff and work force like Thermal

Screening of all employees and visitors, sanitization, maintenance of social distancing, enforcing wearing of masks etc. With the commencement of works at project, the Company is constantly reviewing its operation and is making every possible effort to make up for the lost time due to the pandemic. RVNL Employees have voluntarily contributed one days pay during the pandemic crisis. Further, Company has also contributed Rs.20 crore to PM CARES Fund for prevention of the spread of COVID-19 pandemic disease from CSR fund.

1. FINANCIAL PERFORMANCE HIGHLIGHTS

The key highlights of the financial performance of the company during F.Y. 2019-20 along with the corresponding performance in F.Y. 2018-19 are mentioned below (rounded to nearest rupees/crore):

Particulars 2019-20 2018-19 % Increase/ (Decrease)
Turnover 14530.58 10060.07 44.44%
Total Income 14796.16 10332.70 43.20%
Operating Income 1114.76 761.03 46.48%
PBT (Excluding bank interest, dividend, misc. income & exceptional item) 750.05 521.06 43.95%
Reserves & Surplus 2414.75 1653.73 46.02%
Profit Before Tax 990.84 758.31 30.66%
Profit After Tax 789.86 606.59 30.21%
Net worth 4499.77 3738.76 20.35%
Appropriations
* Recommended by the Board of Directors
Dividend *237.69 186.94 27.15%

2. PHYSICAL PERFORMANCE

Your Directors are delighted to inform that the F.Y. 2019-20 has been a year of excellence and growth for the Company. Your Company surpassed all previous achievements.

T otal project Length completed during F. Y. 2019-20 was 1959.83 km (551.02 km of Doubling, 95.54 km of New Line, 105.41 km of Gauge Conversation, 1207.86 km of Railway

Electrification).

Capital Structure

With an authorized share capital of the Company of Rs.3000 crores, there has been no change in the Capital Structure of the Company, with the paid-up share capital of the Company remaining at Rs.2085.02 crore. The Company has not issued any share during the year under consideration.

Initial Public Offer (IPO) Initiative:

The Government of India (i.e. Ministry of Railways) announced the divestment of its stake of 12.16% amounting to 25,34,57,280 equity shares of the paid-up equity share capital of the Company through

Initial Public Offer (IPO).

The Shares of the Company were listed on both the Stock Exchanges i.e. BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) on 11th April 2019. The issue opened on 29th March 2019 and closed on 3rd April, 2019 at an offer price of Rs.19/- per share, a discount of Rs.0.50 was offered to Retail Investors and Employees on the offer price

The issue was over-subscribed by 1.76 times. The proceeds of the issue of Rs.4,76,86,09,478.50 was credited to the Government of India, PAO, DIPAM.

Turnover

Your Company has achieved a highest ever turnover of Rs.14530.58 crore in 2019-20 as compared to Rs.10060.07 crore in 2018-19, showing an increase of 44.44%.

This became achievable mainly due to the assured availability of funds for project expenditure during the year by the Ministry of Railways, which accounts for

90.40% of the Turnover. In addition, over the years the Company has also put a large number of large value contracts in place to speed up the process of project execution. At the same time, there has also been a decrease in the level of expenditure on works undertaken for SPVs and other deposit works to Rs.1394.45 crore during 2019-20 in comparison to Rs.1605.16 crore in the previous year.

Profit

Profit before Tax increased from Rs.758.31crore in 2018-19 to Rs.990.84 crore in 2019-20. The major the increase is on account of higher gross margin from project execution from Rs.521.06 crore in previous year to crore Rs.750.05 in 2019-20. While there has been an increase in Dividend income from SPVs to Rs.20.71 crore in comparison to Rs.17.50 crore in previous year, the balance increase is on account of interest income.

Profit after Tax increased from Rs.606.59 crore in F. Y. 2018-19 to Rs.789.86 crore in F. Y. 2019-20 showing an increase of 30.21%.

Net Worth

The Net Worth of your Company has increased over the previous year on account of transfer of profits

(after payment of Dividend) amounting to Rs.763.06 crore and on account of OCI Rs.(2.05) Crore to Reserves and Surplus. Accordingly, the Net Worth of the Company has increased from Rs.3738.76 crore at the end of previous year to Rs.4499.77 crore at the end of the current year.

Reserves

The balance under Reserves & Surplus at the end of 2019-20 stands at Rs.2414.75 crore in comparison to Rs.1653.73 crore in 2018-19.

.

Dividend

The Board recommended a dividend of Rs.237.69 crores (Rs.1.14 per share) subject to the approval of shareholders in the ensuring Annual General Meeting of the Company against Rs.186.94 crore for the financial year 2018-19, showing an increase of 27.15 %over previous year.

Fixed Deposits

No deposits from the public have been accepted by the Company during the year under review.

Reimbursement of Expenditure

RVNL received an amount of Rs.12326.04 crore (approx), for project expenditure during the current year, from Ministry of Railways (MoR) for execution of various works.

Loans from IRFC

During the year, an additional amount of Rs.1407.96 crore was received as borrowings from IRFC. With this, the total amount received from IRFC is Rs.5735.39 crore. The principal and interest on the borrowings from IRFC are repaid by Ministry of Railways (MoR) as a pass through entry in the books of RVNL. During the year an amount of Rs.265.74 crore was paid to IRFC on this account, leaving an outstanding loan balance of Rs.3987.94 crore.

Consolidated Financial Statements

The consolidated Financial Statements of the Company prepared in accordance with the provisions of Companies Act, 2013 and the applicable Indian

Accounting Standards (IND-AS) for the financial year 2019-20 forms part of the Annual Report of the Company. The accounts have been consolidated based on the performance and activities of the SPVs and the share of RVNL in those entities as an equity partner and its wholly owned subsidiary HSRC. The related entries appearing in the stand alone accounts of RVNL have been adjusted accordingly in consonance with the relevant Indian Accounting Standards (IND AS 110 & 28). The salient features of differences in the significant entries between the

Stand Alone Accounts of RVNL and the Consolidated Accounts are as under:

Particular Figures as on 31.3.2020 Figures as on 31.3.2020
Stand Alone Consolidated
Turn Over 14530.58 14530.58
Other Income 265.58 245.68
Direct Expenses 13415.82 13415.82
Indirect Expenses 389.50 389.55
PBT 990.84 954.32*
PAT 789.86 753.32
Reserve & Surplus 2414.75 3030.88
Net Worth 4499.77 5115.90

* PBT (Consolidated) includes Rs.(16.58) crore as proportionate share of RVNL in the profit/loss of Joint Ventures.

SUBSIDIARY, JOINT VENTURE AND ASSOCIATE COMPANIES

A report on the performance and financial position of subsidiary, associates and joint venture Company as per Companies Act 2013 is provided in Note-43 to the Consolidated Financial Statements.

Operational Performance

3. Projects Execution

3.1 Physical Size of the Projects:

Since its establishment in 2003, Ministry of Railways has transferred 183 projects to RVNL for execution, which may be broadly classified under the following heads:

? Doubling 71
? Gauge Conversion 11
? New Lines 13
? MTP 5
? Railway Electrification 34
? W orkshops 20
? Others 29
? Unsanctioned 5 (1 Doubling, 3 GC, 1RE)

3.1.1 Nature of Works being Executed by RVNL:

RVNL is executing all types of Railway Infrastructure works such as New Line, Gauge Conversion, Doubling/3rd Line/4th Line, Railway Electrification,

Workshops, Hill Railway Projects, Institutional Buildings, Mega Bridges, Metro Railway, etc.

3.1.2 Project Implementation Units (PIUs):

These projects are spread all over the country and for efficient implementation of projects, 38

Project Implementation Units (PIUs) have been established at 25 locations to execute projects in their geographical hinterland. They are located at Ahmedabad, Agra, Ambala, Bengaluru, Bhopal, Bhubaneshwar (2 Units), Chennai (2 Units),

Chandigarh (2 Units), Guwahati, Jodhpur, Jhansi, Kanpur, Kolkata (3 Units), Kharagpur, Kota (2 Units), Lucknow (3 Units), Mumbai, Pune (2 Units), Raipur (2 Units), Rishikesh, Ranchi, Secunderabad, Varanasi (3 Units), Vijayawada and Waltair (2 Units). The PIUs are established and closed as per requirement.

3.2 Status of physical progressof projects:

The status of the 183 projects assigned to RVNL for execution is as under: -

Projects completed up to March 2020 : 92
Projects under implementation : 91
Projects yet to be sanctioned : 5

3.2.1 RVNL has so far completed 92 projects.

The list of 76 projects fully completed up to March, 2019 is as under:

S. No. Railway Project Name Type of Project Length (km)
1. Central Railway Diva - Kalyan 5th & 6th Line Doubling 11
2. Central Railway Pakni - Mohol Doubling Doubling 17
3. Central Railway Panvel - Jasai JNPT Doubling Doubling 28.5
4. Central Railway Pakni - Solapur Doubling Doubling 16.28
5. Eastern Railway Gurup - Saktigarh Extn of 3rd Line Doubling 26
6. East Central Railway Barauni - Tilrath Bypass Doubling Doubling 8.3
7. East Coast Railway Talcher-Cuttack-Paradeep Doubling with 2nd Bridge on Rivers Birupa & Mahanadi Doubling 3
8. East Coast Railway Jakhapura- Haridaspur 3rd Line Doubling 23.3
9. East Coast Railway Cuttack - Barang Doubling Doubling 14.3
10. East Coast Railway Rajatgarh-Barang Doubling Doubling 31.3
11. East Coast Railway Khurda-Barang - 3rd line (35 km) Doubling 32.32
12. North Central Railway Palwal - Bhuteswar 3rd Line Doubling 81
13. North Central Railway Aligarh - Ghaziabad 3rd Line Doubling 106.1
14. North Western Railway Bhagat Ki Kothi - Luni Doubling Doubling 30.3
15. North Western Railway Karjoda - Palanpur Doubling Doubling 5.4
16. North Western Railway Rewari- Manheru Doubling Doubling 69.02
17. North Western Railway Rani-Keshav Ganj Doubling Doubling 59.5
18. North Western Railway Abu Road-Sarotra Road- Patch doubling (23.12 km) Doubling 23.12
19. North Western Railway Swaruganj-Abu Road - Patch doubling (25.36 km) Doubling 25.36
20. Southern Railway Attipattu - Korukkupet 3rd Line Doubling 18
21. Southern Railway Pattabiram - Tiruvallur 4th Line & Tiruvallur - Arakkonam 3rd Line Doubling 41.89
22. Southern Railway Tiruvallur - Arakkonam 4th Line Doubling 28
23. Southern Railway Villipuram-Dindigul Doubling Doubling 273
24. Southern Railway Thanjavur-Ponmalai - Doubling Doubling 46.96
25. South Central Railway Pullampet - Balapalle Ph I of Gooty - Renigunta Doubling Doubling 41
26. South Central Railway Krishnapatnam - Venkatachalam Doubling with RE Doubling 16.5
27. South Central Railway Gooty - Renigunta Patch Doubling Doubling 151
28. South Central Railway Raichur - Guntakal Doubling Doubling 81.0
29. South Central Railway Guntur-Tenali-Doubling with electrification (24.38 km) Doubling 25
30. South Eastern Railway Tikiapara - Santragachi Doubling Doubling 5.6
31. South Eastern Railway Panskura - Kharagpur 3rd Line Doubling 45
32. South Eastern Railway Panskura - Haldia Ph 1 Doubling Doubling 14
33. South Eastern Railway Rajgoda - Tamluk (Jn. Cabin) Doubling Doubling 13.5
34. South Eastern Railway Tamluk Jn. Cabin – Basulya Sutahata Doubling Doubling 24.23
35. South Eastern Railway Goelkera-Monoharpur 3rd line (40 km) Doubling 27.5
36. South East Central Railway Bilaspur - Urkura 3rd Line Doubling Doubling 105
37. South East Central Railway Salka Road- Khongsara Patch Doubling Doubling 26
38. South East Central Railway Khodri-Anuppur, with Flyover at Bilaspur (61.6 km) Doubling 61.6
39. South Western Railway Hospet - Guntakal Doubling Doubling 115
40. West Central Railway Bhopal-Bina - 3rd line (143 km) Doubling 144.3
41. West Central Railway Itarsi-Budni - 3rd line (25.090 km) Doubling 25.09
42. North Western Railway Delhi - Rewari Gauge Conversion GC 94.2
43. North Western Railway Ajmer - Phulera - Ringus - Rewari Gauge Conversion GC 295
44. North Western Railway Bhildi - Samdari Gauge Conversion GC 223
45. Southern Railway Thanjavur - Villupuram Gauge Conversion GC 192
46. Southern Railway Cuddalore - Salem Gauge Conversion GC 193
47. South Western Railway Arasikere-Hassan-Mangalore Gauge Conversion GC 230
48. Western Railway Bharuch - Samni - Dahej Gauge Conversion GC 62
49. Western Railway Gandhidham - Palanpur Gauge Conversion GC 301
50. East Coast Railway Daitari - Banspani New Line NL 155
51. Southern Railway Vallarpadam - Idapally New Line NL 9
52. Railway Electrification Tomka -Banspani – RE RE 144
53. Railway Electrification Kharagpur (Nimpura) - Bhubaneswar Including Branch Line of Talcher - Cuttack - Paradeep RE 581
54. Railway Electrification Bhubaneswar - Kottavalasa RE 417
55. Railway Electrification Daund-Manmad Incl. Puntamba- Shirdi - RE RE 255
56. Railway Electrification Reningunta - Guntakal RE RE 308
57. Railway Electrification Yelahanka - Dharmavaram - Gooty RE RE 306
58. Railway Electrification Bharuch - Samni - Dahej RE RE 64
59. Railway Electrification Manheru- Hissar RE RE 74
60. Railway Electrification Jakhal - Hisar (79 km) RE 80.0
61. Railway Electrification Chhapra-Ballia-Ghazipur-Varanasi-Allahabad RE (330 rkm) RE 330
62. Railway Electrification Guntakal-Kalluru RE (40 rkm) RE 40
63. Railway Electrification Utretia - Rae Bareli - Amethi - Janghai RE (214 rkm) RE 214
64. Railway Electrification Daund-Baramati (44 rkm) RE 44
65. Eastern Railway Civil Engineering Works in Connection with Diesel Loco Component Factory, Dankuni WKSP -
66. Eastern Railway Dankuni - Setting Up of Electric Loco Assembly and Ancillary Unit of CLW WKSP -
67. East Central Railway Barauni - 250 High Horse Power Loco Shed WKSP -
68. South Eastern Railway Setting Up of Diesel Multiple Unit (DMU) Manufacturing Factory at Sankrail/ Haldia WKSP -
69. DLW Varanasi - Augmentation of Production Capacity from 200 To 250 High HP Locos Per Year WKSP -
70. North Eastern Railway Aunrihar - DEMU Shed WKSP
71. South Central Railway Workshop for Manufacture of Flat Bogies for LHB Design Coaches, Yadgir WKSP -
72. Eastern Railway Barddhaman Yard - 4-lane road over bridge in lieu of 2-lane road over bridge No. 213 ROB -
73. Southern Railway Srirangam-Tiruchchirapalli Town - 4-lane road over bridge in lieu of 2- lane bridge No.380-A ROB -
74. North Western Railway IOC Siding at Salawas (Deposit Work) Others 2.82
75. South Central Railway Secunderabad- Upgradation of facilities at Centralised Training Academy for Railway Accounts TRG -
76. North Western Railway Madar - Palanpur - Removing of PSR (Kms 589/1 to 590/1) Track Renewal -

4-lane Cable Stayed Bridge over busy Barddhaman Yard along with its 3.5 Kms long approaches commissioned in Sep 2019.

The list of 16 projects completed in 2019-20 is as under:

S. No. Railway Project Name Type of Project Length (km)
1. Northern Railway New Delhi-Tilak Bridge- 5th & 6th line (2.65 km) Doubling 2.65
2. East Coast Railway Haridaspur-Paradeep (82 km) New Line 82
3. South Central Railway Obulavaripalle- Krishnapattnam (113 km) New Line 121
4. Railway Electrification Amla-Chhindwara-Kalumna RE 257
5. Railway Electrification Raipur-Titlagarh (203 rkm) {Part of Vizianagaram - Rayagada - Titlagarh - Raipur (465 rkm)} RE 203
6. Railway Electrification Rajpura - Dhuri - Lehra Mohabat (151 km) RE 151
7. Railway Electrification Guntakal - Bellary - Hospet incl. Tornagallu - Ranjitpura Branch Line (138 rkm) RE 138
8. Railway Electrification Wani- Pimpalkutti RE (66 rkm) RE 66
9. Railway Electrification Manoharabad- Medchal (14 km) RE 14
10. Railway Electrification Yalahanka-Penukonda (120.55 km)-Doubling RE -
11. East Coast Railway Vadlapudi- Wagon PoH Workshop of 200 Nos Capacity Near Duvvada Station WKSP -
12. South Central Railway Moula Ali - Setting Up of Indian Railway Institute of Finance Management TRG -
13. North Central Railway Jhansi-Garhmau, Orai-Ata, Ata-Kalpi & Pokhrayan- Lalpur - Splitting of longer block sections TF -
14. North Central Railway Paman-Bhimsen - New B-class station TF -
15. Western Railway Sabarmati-Botad-subways in lieu of level crossing-23 Nos. RSW -
16. Western Railway Sabarmati-Botad-Subways in lieu of LCs-14 Nos. RSW -

3.3 Total project length completed:

Cumulatively, RVNL has completed a total of 3483.37 km of doubling, 1888.63 km of gauge conversion, 455.55 km of new lines, 4969.93 km of pure Railway Electrification, 2385. of NL/GC/DL and 42.0km of Metropolitan Transport Project (MTP). Thus, as on 31.3.2020, 10839.48 km of project length out of a total length of 17104.62 km of 183 sanctioned projects (5 projects of 733.5 km of length are yet to be sanctioned) assigned to RVNL, have been completed.

3.4 Project length completed during 2019-20:

During 2019-20, 1959.83 km (551.02 km of Doubling, 95.54 km of New Line, 105.41 km of Gauge

Conversation, 1207.86 km of Railway Electrification, 1 Workshop Project, 2 Traffic Facility Works, 2

Safety Works and 1 Training Plan Head Work have been physically completed. In addition, Railway

Electrification of 355.88 km was also carried out in other than specific Railway Electrification projects part of Doubling.

3.4.1 Sections completed under New Line Plan

Head: During the year, 95.54 km of New Line project was completed, the details of 40.53 km are given under item No. 3.4.4 (Return on Investment in JV) and the same for 55.01 km are given below:

3.4.1.1 Haridaspur-Paradeep (82 km): During the year, 16.47 km project length was completed. Siju-Paradeep (3.94 km) was completed in February 2020 and Marshaghai Road- Kalagar (12.53 km) was completed in March 2020, thus completing the project.

3.4.1.2 Rishikesh-Karnaprayag (125.09 km):

During the year, Virabhadra-New Rishikesh (5.7 km) was completed in January 2020.

3.4.1.3 Obulavaripalli-Krishnapattnam (113 km): During the year, Vellikallu-Cherlopalle (14.84 km) was completed in May 2019, thus completing the project.

3.4.1.4 Dallirajhara-Rowghat New Line: During the year, Keoti- Antagarh (18 km) was completed in March 2020.

3.4.2 Sections completed under Gauge

Conversation Plan Head: During the year, 105.41 km of Gauge Conversation was completed, the details are given below:

3.4.2.1 Dhasa-Jetalsar (104.44 km): During the year, Dhasa-Lathi-Khijadiya (26.16 km) was completed in January 2020.

3.4.2.2 Ahmedabad-Botad (170.48 km): During the year, 79.25 km project length was completed. Botad-

Hadalabhal (40 km) was completed in July 2019 and Hadalabhal-Loliya-Lothal Bhurkhi (39.25 km) in February 2020.

3.4.3 Sections completed under Doubling Plan

29kmREaspart Head: During the year, 551.02 km of Doubling was completed, 63.15 km are given under item No. 3.4.4 (Return on Investment in JV) and the same for 487.87 km are given below:

3.4.3.1 Daund-Gulbarga Doubling (224.9 km): During the year, 20.71 km project length was completed. Boroti-Dudhani (13.66 km) and Hunsihadgil-Savalgi (7.05 km) were completed in May 2019.

3.4.3.2 Sambalpur-Titlagarh (182 km): During the year, 26.12 km of project length was completed. Deogaon-Saintala (17.37 km) was completed in April 2019 and Saintala-Badmal (8.75 km) in May 2019.

3.4.3.3 Vizianagaram-Sambhalpur (Titlagarh) 3rd line (264.60 km): During the year, 16.17 km project aslength was completed.Kesinga-Kandel Road (7.51 km) and Kandel Road-Rupra Road (8.66 km) were completed in November 2019.

3.4.3.4 Raipur-Titlagarh (203 km): During the year, 31.43 km of project length was completed, against the MoU timeline target of 25 km. Nawapara- Khariar Road (12 km) was completed in May 2019. Harishankar Road-Turekela Road (9 km) and Khariar Road-Komakhan (10.43 km) were completed on 09.12.2019 against the timeline target of 31.12.2019.

3.4.3.5 New Delhi-Tilak Bridge 5th & 6th Line

Doubling (2.65 km): This project was completed by Northern Railway as a deposit work of RVNL.

3.4.3.6 Utretia-Rae Bareli (65.6 km): During the year, 15.24 km of project length was completed. Srirajnagar-Bachhrawan (5.77 km) was completed in May 2019 and Bachhrawan-Kundanganj (9.47 km) in September 2019.

3.4.3.7 Raebareli-Amethi (60.1 km): During the year, 21.62 km of project length was completed. Amethi-Talakhajuri-Gauriganj (13.37 km) was completed in May 2019 and Gauriganj-Bani (8.25 km) in July 2019.

3.4.3.8 Bhimsen-Jhansi (206 km): During the year, 27.87 km of project length was completed.Chirgaon-Nandkhas (11.74 km) was completed in April 2019, Ata-Usargaon (8.38 km) in May 2019 and Sarsoki-Ata (7.75 km) in October 2019.

3.4.3.9 Varanasi-Madhosingh-Allahabad (120.20 km): During the year, 42.89 km of project length was completed and out of which 27.20 km was completed against the MoU timeline target of 25 km. Manduadih-Kachhwa Road (27.20 km) was completed on 28.05.2019 against the MoU timeline target of 31.12.2019. Kachhwa Road-Katka (7.24 km) was completed in January 2020 and Katka-Madhosingh (8.45 km) in February 2020.

3.4.3.10 Madurai-Maniyachi-Tuticorin (160 km): During the year, 30 km of project length was completed. Tattapparai-Pandiyapuram (11.17 km) was completed in October 2019 and Pandiyapuram-Kadambur (18.83 km) in January 2020.

3.4.3.11 Maniyachi-Nagercoil (102 km): During the year, Vanchi Maniyachchi- Gangaikondan (14.4 km) was completed in January 2020.

3.4.3.12 Vijaywada-Gudivada-Bhimavaram-Narasapur, Gudivada-Machlipatnam and Bhimavaram-Nidadavolu (221 km)-Doubling with electrification: Duringtheyear,81.1kmprojectlength was completed. Pedana-Kavutaram (10.00 km) was completed in May 2019, Akividu-Bhimavaram(19.61 km) in October 2019, Kavutaram-Gudivada (14.43 km), Ramavarappadu- Nidamanuru (5.75 km) and Uppaluru- Moturu (31.31 km) in March 2020.

3.4.3.13 Vijayawada-Gudur-3rd line (287.67 km):

During the year, 39.64 km project length was completed. Talamanchi-Alluru Road (11.56 km) and Kavali-Ulvapadu (28.08 km) were completed in March 2020.

3.4.3.14 Secunderabad-Mahbubnagar (85.24 km): During the year, Shadnagar-Gollapalli (28.8 km) was completed in March 2020.

3.4.3.15 Kharagpur-Adityapur 3rd line (132 km): During the year, Kalaikunda-Sardiha (14.5 km) was completed in March 2020.

3.4.3.16 Hospet-Hubli-Londa-Tinaighat-Vasco da

Gama (352.28 km): During the year, Hubli bypass (21.8 km) was completed in July 2019.

3.4.3.17 Palanpur-Samakhiali (247.73 km): During the year, 16.64 km was completed. Radhanpur-Piplee (8.27 km) was completed in July 2019 and Piplee-Varahi (8.37 km) in September 2019.

3.4.3.18 Bina-Kota Doubling with RE: During the year, 25.99 km of project length was completed, against the MoU timeline target of 25 km. Sogaria- Bhulon (16.73 km) was completed in May 2019 and Antah- Bijora (9.26 km) was completed on 10.12.2019 against the MoU timeline target of 31.12.2019.

3.4.3.19 Barkhera-Habibganj-3rd line (41.420 km): During the year, Misrod- Mandideep (10.3 km) was completed in May 2019.

3.4.4 Return on investment in JV: During the year, 103.68 km of project length was completed. 63.15 km doubling of Railway line for Kutch Railway Company Limited under the project Palanpur-Samakhiali was completed. Shivlakha-Lakadia-Samakhiali (15.87 km) was completed in April 2019, Chandisar-Rasana-Disa (14.3 km), Lorwada-Bhildi (9.34 km) and Lakhpat-Adesar-Bhutakiabhimasar (15.71 km) in July 2019 and Lorwada-Disa (7.93 km) in September 2019. 40.53 km new line of project length was completed for Haridaspur Paradip Railway Company Limited under the Haridaspur-Paradeep project. Lalitgiri- Kendrapara (17.97 km) was completed in July 2019, Kendrapara-Marshaghai Road (7.62 km) in October 2019 and Kalagar- Siju (14.94 km) in December 2019.

3.4.5 Sections completed under Pure Railway

Electrification Works:

During the year, 1207.86 km of Railway Electrification was completed, details are given below:

3.4.5.1 Pune-Wadi-Guntakal RE (641 rkm): During the year, 2 km of Wadi-ACC Siding was completed in May 2019.

3.4.5.2 Amla - Chhindwara - Kalumna (257 rkm): During the year, 145 km project length was completed. Chhindwara-Bhimalgondi (36 km) and Kelod-Saoner-Itwari (46 km) were completed in April 2019, Kelod-Sausar (24 km) in July 2019 and Sausar-Bhandarkund (39 km) in November 2019, thus completing the project.

3.4.5.3 Wani-Pimpalkutti (66 rkm): During the year, 66 km project length was completed. Wani-Lingati (34 km) was completed in October 2019 and Mukutban-Pimpalkutti (32 km) in January 2020, thus completing the project.

3.4.5.4 Raipur-Titlagarh (203 rkm): During the year, Lakholi-Raipur (31 km) project length was completed in April 2019, thus completing the project.

3.4.5.5 Kasganj-Bareilly, Bhojipura Daliganj (401 rkm): During the year, 178 km project length was completed. Daliganj-Itauja (23 km), Ataria (excl.)-Kamalapur (incl) (22 km), Kasganj City-Sarna (10 km), total 55 km was completed in September 2019. Kamlapur-Khairatabad (18 km), Soron- Cachala Bridge (15 km), total 33 km was completed in October

2019. Ataria-Itaunja (15 km), Cachala Bridge-Ujhani (17 km) and Budaun- Mallamnagar (25), total 57 km was completed in November 2019. Mallamnagar- Bamiana (14 km) was completed in December 2019 and Bamiana-Ramganga (19 km) in January 2020.

3.4.5.6 Jakhal - Dhuri - Ludhiana (123 km): During the year, Ludhiana (ex.)-Gill (in.) (4 km) and Killa Raipur Yard (2 km), total 6 km project length was completed in April 2019.

3.4.5.7 Rajpura-Dhuri-Lehra Mohabat (151 km): During the year, 141 km project length was completed. Rajpura-Dhuri (57 km) was completed in April 2019, Dhuri-Kaleh Majra Halt (30 km) in July 2019, Dhuri-Allal (10 km) in November 2019, Gurney-Jakhal (7km) in December 2019 and Barnala-Lehra Mohabat (37 km) in February 2020, thus completing the project.

3.4.5.8 Rani-Palanpur (166 rkm): During the year, 32 km project length was completed.Rani-Biroliya (22km) was completed in April 2019 and Biroliya-Jawaiband (10 km) in July 2019.

3.4.5.9 Manoharabad-Medchal (13 rkm) RE:

During the year, Manoharabad-Medchal (13 km) was completed in February 2020, thus completing the project.

3.4.5.10 Villupuram-Cuddalore Port-Mayiladuturai-

Thanjavur & Mayiladuturai-Thiruvarur (228 rkm): During the year, 158.86 km project length was completed. Villupuram-Cuddalore Port (46.86 km) was completed in April 2019. Cuddalore Port-Kille (39 km) was August 2019, Kille-Andatandavapuram (30 km) in October 2019 and Mayiladuturai-Thiruvarur (43 km) in December 2019.

3.4.5.11 Guntakal-Bellary-Hospet incl. Tornagallu -Ranjitpura Branch Line (138 rkm): During the year, 137 km project length was completed. Guntakal-Bellary (85 km) was completed in April 2019, Tornagallu-Ranjitpura (30 km) in July 2019 and Hospet-Tornagallu (22 km) in November 2019, thus completing the project.

3.4.5.12 Chikjajur-Bellary (184 rkm): During the year, 54 km project length was completed. Obalapuram-Rayadurga (42 km) was completed in June 2019 and Bellary-Obalapuram (12 km) in August 2019.

3.4.5.13 Guna-Gwalior (227 rkm): During the year, 101 km project length was completed.Guna-Badarwas (47 km) and Miyana-Lukwasa (26), total 73 km was completed in April 2019. Kolaras-Shivpuri (28) was completed in May 2019.

3.4.5.14 Haridaspur-Paradeep (82 km): During the year, 82 km project length was completed. Haridaspur-Kendrapara (43 km) was completedin April 2019, Kendrapara-Marshaghai Road (7 km) in December 2019, Marshaghai Road- Kalagar (9 km) in January 2020 and Kalagar-Paradeep (23 km) in February 2020, thus completing the project.

3.4.5.15 Rishikesh-Karnaprayag (125.09 km): During the year, Veerbhadra-Yognagari (6 km) was completed in March 2020.

3.4.5.16 Obulavaripalli-Krishnapattnam (113 km):

During the year, 55 km project length was completed. Obulavaripalli-Venkatachalam (48 km) was completed in April 2019 and Vellikallu-Cherlopalle (7 km) in June 2019, thus completing the project.

3.5 Workshop project completed:

During the year, 1 Workshop project was completed, the details of which are as under:

3.5.1 V adlapudi - Wagon POH workshop of 200

Nos capacity near Duvvada station: Vadlapudi-Wagon POH workshop of 200 Nos. capacity near Duvvada station was completed on 21.12.2019.

3.6 Other projects completed:

During the year, 1 project under Plan Head Training, 2 projects under Road Safety Works and 2 projects under Traffic Facility were completed, the details of which are as under:

3.6.1 Moula Ali-Setting Up of Indian Railway

Institute of Finance Management: Moula Ali - Setting Up of Indian Railway Institute of Finance under South Central Railway was completed in November 2019.

3.6.2 Sabarmati-Botad-subways in lieu of level crossing-23 Nos.: This Road Safety Work on Western Railway was completed in March 2020.

3.6.3 Sabarmati-Botad-Subways in lieu of LCs-14

Nos.: This Road Safety Work on Western Railway was completed in March 2020.

3.6.4 Jhansi-Garhmau, Orai-Ata, Ata-Kalpi & Pokhrayan-Lalpur-Splitting of longer block sections: This Traffic Facility Work on North Central

Railway was completed in August 2019.

3.6.5 Paman-Bhimsen-New B-class station: This

Traffic Facility Work on North Central Railway completed in March 2020.

3.7 Projects Fully Commissioned and

Handed Over to Railways:

Out of 92 projects completed so far, 86 projects have been fully commissioned and handed over to Railways for operations and maintenance.

The list of 69 projects commissioned till March 2019 is as under:

S. No. Railway Project Name Type of Project Length (km)
1. Central Railway Diva - Kalyan 5th & 6th Line Doubling 11
2. Central Railway Pakni - Mohol Doubling Doubling 17
3. Central Railway Panvel - Jasai JNPT Doubling Doubling 28.5
4. Central Railway Pakni - Solapur Doubling Doubling 16.28
5. Eastern Railway Gurup - Saktigarh Extn of 3rd Line Doubling 26
6. East Central Railway Barauni - Tilrath Bypass Doubling Doubling 8.3
7. East Coast Railway Talcher-Cuttack-Paradeep Doubling with 2nd Bridge on Rivers Birupa & Mahanadi Doubling 3
8. East Coast Railway Cuttack - Barang Doubling Doubling 14.3
9. East Coast Railway Jakhapura- Haridaspur 3rd Line Doubling 23.3
10. East Coast Railway Rajatgarh-Barang - 3rd line Doubling 31.3
11. North Central Railway Palwal - Bhuteswar 3rd Line Doubling 81
12. North Central Railway Aligarh - Ghaziabad 3rd Line Doubling 106.1
13. North Western Railway Bhagat Ki Kothi - Luni Doubling Doubling 30.3
14. North Western Railway Rani-Keshav Ganj Doubling Doubling 59.5
15. North Western Railway Karjoda - Palanpur Doubling Doubling 5.4
16. North Western Railway Rewari- Manheru Doubling Doubling 69.02
17. Southern Railway Attipattu - Korukkupet 3rd Line Doubling 18
18. Southern Railway Pattabiram - Tiruvallur 4th Line & Tiruvallur - Arakkonam 3rd Line Doubling 41.89
19. Southern Railway Tiruvallur - Arakkonam 4th Line Doubling 28
20. Southern Railway Villipuram-Dindigul Doubling Doubling 273
21. Southern Railway Thanjavur-Ponmalai - Doubling Doubling 46.96
22. South Central Railway Pullampet - Balapalle Ph I of Gooty - Renigunta Doubling Doubling 41
23. South Central Railway Krishnapatnam - Venkatachalam Doubling With RE Doubling 16.5
24. South Central Railway Gooty - Renigunta Patch Doubling Doubling 151
25. South Central Railway Raichur - Guntakal Doubling Doubling 81.0
26. South Central Railway Guntur-Tenali - Doubling with electrification Doubling 25
27. South Eastern Railway Panskura - Kharagpur 3rd Line Doubling 45
28. South Eastern Railway Panskura - Haldia Ph 1 Doubling Doubling 14
29. South Eastern Railway Rajgoda - Tamluk (Jn. Cabin) Doubling Doubling 13.5
30. South Eastern Railway Tikiapara - Santragachi Doubling Doubling 5.6
31. South Eastern Railway Tamluk Jn. Cabin – Basulya Sutahata Doubling Doubling 24.23
32. South Eastern Railway Goelkera-Monoharpur 3rd line (40 km) Doubling 27.5
33. South East Central Railway Bilaspur - Urkura 3rd Line Doubling Doubling 105
34. South East Central Railway Salka Road- Khongsara Patch Doubling Doubling 26
35. South East Central Railway Khodri-Anuppur, with flyover at Bilaspur (61.6 km) Doubling 61.6
36. South Western Railway Hospet - Guntakal Doubling Doubling 115
37. North Western Railway Delhi - Rewari Gauge Conversion GC 94.2
38. North Western Railway Ajmer - Phulera - Ringus - Rewari Gauge Conversion GC 295
39. North Western Railway Bhildi - Samdari Gauge Conversion GC 223
40. Southern Railway Thanjavur - Villupuram Gauge Conversion GC 192
41. Southern Railway Cuddalore - Salem Gauge Conversion GC 193
42. South Western Railway Arasikere-Hassan-Mangalore Gauge Conversion GC 230
43. Western Railway Bharuch - Samni - Dahej Gauge Conversion GC 62
44. Western Railway Gandhidham - Palanpur Gauge Conversion GC 301
45. East Coast Railway Daitari - Banspani New Line NL 155
46. Southern Railway Vallarpadam - Idapally New Line NL 9
47. Railway Electrification Tomka -Banspani – RE RE 144
48. Railway Electrification Kharagpur (Nimpura) - Bhubaneswar Including Branch Line of Talcher - Cuttack - Paradeep RE 581
49. Railway Electrification Bhubaneswar - Kottavalasa RE 417
50. Railway Electrification Reningunta - Guntakal RE RE 308
51. Railway Electrification Bharuch - Samni - Dahej RE RE 64
52. Railway Electrification Daund-Manmad Incl. Puntamba- Shirdi - RE RE 255
53. Railway Electrification Yelahanka - Dharmavaram - Gooty RE RE 306
54. Railway Electrification Manheru- Hisar (74 km) RE 74.0
55. Railway Electrification Jakhal - Hisar (79 km) RE 80.0
56. Railway Electrification Chhapra-Ballia-Ghazipur-Varanasi-Allahabad (330 rkm) RE 330
57. Railway Electrification Guntakal-Kalluru (40 rkm) RE 40
58. Eastern Railway Civil Engineering Works in Connection with Diesel Loco Component Factory, Dankuni WKSP -
59. Eastern Railway Dankuni - Setting Up of Electric Loco Assembly and Ancillary Unit of CLW WKSP -
60. East Central Railway Barauni - 250 High Horse Power Loco Shed WKSP -
61. South Eastern Railway Setting Up of Diesel Multiple Unit (DMU) Manufacturing Factory at Sankrail / Haldia WKSP -
62. DLW Varanasi - Augmentation of Production Capacity from 200 to 250 High HP Locos Per Year WKSP -
63. North Eestern Railway Aunrihar - DEMU Shed WKSP -
64. South Central Railway Workshop for Manufacture of Flat Bogies for LHB Design Coaches, Yadgir WKSP -
65. Eastern Railway Barddhaman Yard - 4-lane road over bridge in lieu of 2-lane road over bridge No. 213 ROB -
66. Southern Railway Srirangam-Tiruchchirapalli Town - 4-lane road over bridge in lieu of 2- lane bridge No.380-A ROB -
67. North Western Railway IOC Siding at Salawas (Deposit Work) Others 2.82
68. South Central Railway Secunderabad-Upgradation of facilities at Centralised Training Academy for Railway Accounts OSW -
69. North Western Railway Madar - Palanpur - Removing of PSR (Kms 589/1 to 590/1) TR -

The list of 17 projects commissioned in 2019-20 are as under.

S. No. Railway Project Name Type of Project Length (km)
1. South Central Railway Obulavaripalle - Krishnapatnam New Line New Line 121
2. North Western Railway Abu Road - Sarotra Road Patch Doubling Doubling 23.55
3. North Western Railway Abu Road - Swaroopganj Patch Doubling Doubling 25.36
4. Northern Railway New Delhi - Tilak Bridge 5th & 6th Line Doubling Doubling 2.65
5. West Central Railway Budni - Itarsi 3rd Line Doubling 25.09
6. Railway Electrification Daund- Bramati (44 rkm) RE 44
7. Railway Electrification Titlagarh (Excl)-Raipur -RE RE 203
8. Railway Electrification Utretia-Rae Bareli-Amethi-Janghai RE RE 214
9. Railway Electrification Hospet - Guntakal And Tomagallu - Ranjitpura RE 138
10. Railway Electrification Wani-Pimpalkutti (66 rkm) RE 66
11. Railway Electrification Yalahanka-Penukonda (120.55 km)-Doubling RE -
12. East Coast Railway Vadlapudi - Wagon PoH Workshop of 200 Nos Capacity Near Duvvada Station WKSP -
13. South Central Railway Moula Ali - Setting Up of Indian Railway Institute of Finance Management TRG -
14. North Central Railway Jhansi-Garhmau, Orai-Ata, Ata-Kalpi & Pokhrayan Lalpur-Splitting of longer block sections TF -
15. North Central Railway Paman-Bhimsen-New B-class station TF -
16. Western Railway Sabarmati-Botad-subways in lieu of level crossing-23 Nos. RSW -
17. Western Railway Sabarmati-Botad-Subways in lieu of LCs-14 Nos. RSW -

3.8 Sections of Projects Commissioned and handed over to Railways in 2019-20:

3.8.1 In 2019-20, 1381.93 km sections were commissioned consisting of 76.04 km of New Line, 60.46 km of Gauge Conversation, 507.77 km of Doubling, 23.87 km of MTP Plan Head and 713.79 km of Railway

Electrification and handed over to Zonal Railways for operations, the details are given below:

S. No. Name of work Section Targeted New Line Projects Length (in km) Total Length (km) Zonal Railway
1 Neora to Daniawan; Barbigha to Sheikhpura Sheikhpura-Sarsa Jamalpur 12.5 12.5 ECR
2 Haridaspur-Paradeep (82 km) Haridaspur-Kendrapara 43 43 ECoR
3 Rishikesh-Karnaprayag (125.09 km) Virabhadra-Yog Nagari Rishikesh 5.7 5.7 NR
4 Obulavaripalli-Krishnapattnam (113 km) Vellikallu-Cherlopalli 14.84T 14.84 SCR
Total for NL 76.04 76.04

Gauge Conversion Projects

1 Lucknow-Pilibhit via Sitapur, Lakhimpur (262.76 km) Lakhimpur-Mailani 60.46 60.46
Total for GC 60.46 60.46

Doubling Projects

1 Daund-Gulbarga- Doubling Savalgi-Bablad-Gulbarga 13 71.21 CR
(224.9 km) Boroti-Dudhani-Kulalai 23.49
Wadsinge-Bhalwani 34.72
2 Sambalpur-Titlagarh (182 km) Khaliapali (KHPL)-Loisingha (LSX) 11.15 37.26 ECoR
Deogaon Road (DFR)-Badmal 26.11
(BUDM)
3 Vizianagaram-Sambhalpur (Titlagarh) 3rd line (264.60 km) Kesinga-Kandel Road-Rupra Road 16.17 16.17 ECoR
4 Raipur-Titlagarh (203 km) Khariar Road-Lakhna Khariar Road-Komakhan 26.94 36.22 ECoR/ SECR
9.28
5 Utretia-Rae Bareli (65.6 km) S h r i r a j n a g a r - K u n d a n g a n j (SAGR-KVG) 15.27 15.27 NR
6 Raebareli - Amethi (60.1 km) Amethi (AME)-Talakhajuri (TLKH)-Gauriganj (GNG) 15.40 15.4 NR
7 New Delhi - Tilak Bridge 5th & New Delhi - Tilak Bridge 5th & 6th 2.65 2.65 NR
6th Line Doubling Line
8 Bhimsen - Jhansi (206 km) PTSC-Nandkhas 19.08 36.67 NCR
Sarsoki-Ata-Usargaon 17.59
9 Varanasi-Madhosingh-Allahabad Hardattpur-Kachhwa Road 21.93 28.08 NER
(120.20 km) Manduadih-Hardattpur 6.15
10 Abu Road-Sarotra Road - Patch doubling (23.12 km) Maval-Abu Road 9.51 9.51 NWR
11 Swarupganj-Abu Road - Patch doubling (25.36 km) Abu Road-Bhimana 16.77 16.77 NWR
12 Vijaywada-Gudivada- Moturu-Akividu 40.33 57.17 SCR
Bhimavaram-Narasapur, Akividu-Undi-Bhimavaram 16.84
Gudivada-Machlipatnam and Bhimavaram-Nidadavolu (221 km) - Doubling with electrification
13 Hospet-Hubli-Londa-Tinaighat- Vasco da Gama (352.28 km) Alnawar-Devrayi 20.73 64.5 SWR
Hubli bye pass 20.6
Binkadkatti-Harlapur 23.17
14 Bina-Kota (282.66 km) Sogaria-Bhonra 28.29 53.97 WCR
Ashoknagar-Pilighata 25.68
15 Itarsi-Budni 3rd line Itarsi-Powerkheda 8.06 8.06 WCR
16 Palanpur-Samakhiali Jasali-Diyodar 17.32 38.86 WR
(247.73 km) Jasali-Bhildi 11.10
Lakadiya-Samakhiali 10.44
Total for Doubling 507.77
Grand Total for NL, GC & DL 644.27

MTP Plan Head Projects

1 MMTS Phase-II Moula Ali-Ghatkesar 23.87 23.87 SCR
Total for MTP 23.87 23.87
2 Pune-Guntakal RE Bhigvan-Kurduvadi 2.00 2.00 CR
3 Amla-Chhindwara-Kalamna (257 rkm) Kelod-Bhimalgondi 44.87 44.87 SECR
4 Wani-Pimpalkhuti (66 rkm) Wani-Pimpalkhuti 66.00 66.00 CR
5 Raipur-Titlagarh (203 km) Lakholi-Raipur 28.66 28.66 SECR
6 Utraitia-Rae Bareli-Amethi- Janghai (214 rkm) Srirajnagar-Utraitia 29.89 29.89 NR
7 Kasganj-Bareilly, Bhojipura- Daliganj (401 rkm) Daliganj-Sitapur 82.16 82.16 NER
8 Jakhal-Dhuri-Ludhiana (123 km) Dhuri Yard 1.00 1.00 NR
9 Rajpura-Dhuri-Lehra Muhabbat (151 km) Patiala-Dhuri 52.77 52.77 NR
10 Rishikesh-Karnaprayag (125.09 km) Virabhadra-Yog Nagari Rishikesh 5.70 5.70 NR
11 Rani-Palanpur RE Rani-Jawai Bandh 31.40 85.82 NWR
Jawai Bandh-Swarupganj 54.42
12 Villupuram-Cuddalore Port- Mayiladuturai-Thanjavur & Mayiladuturai-Thiruvarur (228 rkm) Cuddalore Port Jn.-Mayiladuturai- Thiruvalur 112.36 112.36 SR
13 Obulavaripalli-Krishnapattnam (113 km) Vellikallu-Cherlopalli 7.00 7.00 SCR
14 Guntakal-Bellary-Hospet incl. Toranagallu-Ranjitpura Branch Line (138 rkm) Toranagallu-Ranjitpura 23.57 55.62 SWR
Toranagallu-Hosapete 32.05
15 Chikjajur-Bellary (184 rkm) Bellary-Rayadurg 52.65 52.65 SWR
16 Bengaluru-Omalur via Hosur (196 rkm) Baiyyappanahalli-Anekal Road 34.69 34.69 SWR
17 Guna-Gwalior (227 rkm) Badarwas-Shivpuri 52.60 52.60 WCR
Total for RE 713.79 713.79

3.8.2 Besides above sections, following sections were also ready which could not be commissioned due to lockdown imposed in the country due to Covid-19:

S.No. Rly. PH Project Section Length Remarks
1 ECoR NL Haridaspur-Paradeep (82 km) Kendrapara (KDRP)- Paradeep 39 Section was ready
2 SECR NL Dallirajhara-Rowghat (95 km) Keoti-Antagarh 18 CRS inspection was not permitted - by District Authorities.
3 WR GC Dhasa - Jetalsar (104.44 km) Dhasa-Khijadiya 26.46 Now whole project will be commissioned together
4 WR GC Ahmedabad - Botad (170.48 km) Botad-Lothal Bhurkhi 90 It was planned to commission Botad, now all stations will be commissioned.
5 ECoR DL Raipur-Titlagarh (203 km) Lakhna-Harishankar- Turekela Road 24 PNI was planned from 31-3-2020
6 NER DL Varanasi-Madhosingh- Allahabad (120.20 km) Kachhwa Road- Katka-Madhosingh 16 PNI was in progress when lockdown was announced
7 NWR DL Sarotra Road-Karjoda - Patch doubling (23.59 km) Jethi-Karjoda 10 PNI was planned from 31-3-2020
8 SR DL Madurai - Maniyachi - Tuticorin (160 km) Kadambur (KDU) -Tattapparai (TIP) 30 CRS inspection was done and PNI was in progress when lockdown was announced
9 SR DL Maniyachi - Nagercoil (102 km) Vanchi Maniyachchi Jn. to Gangaikondan 15 CRS inspection was done and PNI was in progress when lockdown was announced
10 SCR DL Vijaywada-Gudivada- Bhimavaram-Narasapur, Gudivada-Machlipatnam and Bhimavaram- Nidadavolu (221 km) - Doubling RE Gudivada- Kavutaram-Pedana- Machilipatnam (35) CRS inspection was scheduled
11 SCR DL Secunderabad- Mahbubnagar (85.24 km) Shadnagar- Balanagar-Gollapalli 30 CRS inspection was scheduled
12 SWR DL Hospet-Hubli-Londa- Tinaighat-Vasco da Gama (352.28 km) Unkal-Hubli bye pass West Cabin- Navalur-Dharwad 16.4 PNI was planned from 31-3-2020
13 WCR DL Barkhera-Habibganj - 3rd line (41.420 km) Habibganj-Misrod- Mandideep 16.41 Section was ready
14 WR DL Palanpur-Samakhiali (247.73 km) Kidiyanagar-Chitrod- Shivlankha-Lakadiya 25.45 Section was ready
15 WR DL Palanpur-Samakhiali (247.73 km) Radhanpur-Piplee- Varahi 19.28 PNI was planned from 31-3-2020
TOTAL 443
Sr. No. Railway Section RKM CRS Inspection Date REMARKS
1 NR Dhuri -Jakhal 65 20-03-2020 Inspection cancelled on 18-3-2020.
2 NR Dhuri-Lehramohabbat 73 20-03-2020 Inspection cancelled on 18-3-2020.
3 SWR Rayadurga-Thalaku 47 23-03-2020 Inspection cancelled on 20-3-2020.
4 NER Kasganj-Bamiana 108 26-03-2010 Inspection cancelled.
5 WCR Shivpuri-Ghatigaon 88 23-03-2020 Inspection cancelled.
6 SCR Vijaywada-Moturu 50 27-03-2020 Inspection cancelled.
7 SCR Moturu-Akivudu 33 27-03-2020 Inspection cancelled.
8 SCR Manohrabad-Medchal 13 29-03-2020 Inspection cancelled.
9 SECR Bimalgondi-Bhandarkund 17 27-03-2020 Inspection cancelled.
10 CR Bhigwan-Washimbe 30 29-03-2020 Inspection cancelled.
11 CR Gulberga-Savalgi, Gulberga-Taj Sultanpur 26 29-03-2020 Inspection cancelled.
13 SWR Bhanapur-Harlapur 27 31-03-2020 Inspection cancelled.
14 NFR Raninagar Jalpaiguri- New Coochbehar 100 28-03-2020 Inspection cancelled.
15 NFR New Bogaigaon-Sorupeta 60 29-03-2020 Inspection cancelled.
16 NWR Swroopganj-Abu Road 25 31-03-2020 Inspection cancelled.
17 NWR Abu Road-Maval 15 31-03-2020 Inspection cancelled.
18 ECoR Kendrapara (KDRP)- Paradeep 39 CRS sanction not required. Its a freight line. Commissioning of stations on both ends completed. Section was planned for commissioning on 30-3-2020.
TOTAL 816

3.9 Signalling and Telecommunication

Company has achieved commendable success in commissioning of Signalling work associated with doubling, 3rd line, intermediate block signalling,

Railway electrification, interlocking of mid-section level crossings and yard re-modelling. The Company has executed 191 nos. of non-interlocking of stations for commissioning of works, which is the highest till date. During the year 2019-20, RVNL has commissioned 84 new Electronic Interlocking & 9 new panel interlocking & alterations in existing 35 EIs, 57 existing panel interlocked stations and 6 Mechanical Signalling stations of 3rd line/doubling projects/90 stations of Railway Electrification project, interlocking of 25 mid–section level crossing gates and 56 IBS/Auto signals. Company has also been able to successfully commission Telecom works involving laying of optical fibre cable and 6 quad cable of a total of 1300 km.

Railway Board has also shown faith in RVNL and empowered it to approve Signal Logic and Interface circuits for stations up to 50 Routes for the Doubling and Electrification works in Central Railway, Western

Railway & South-Central Railway. Till now no other executing agency other than IR itself has been given this power. This has expedited the design approval of Signalling documents.

3.10 Projects under implementation:

There are 91 projects under various stages of implementation by RVNL

3.10.1 The details of 79 projects assigned to RVNL till March 2019 and which are under implementation are as under:

S. No. Railway Name of Project Plan Head
1. CR & SCR Daund-Gulbarga-Doubling (224.9 km) and Pune-Guntakal-Electrification (641.37 km) Doubling
2. ER Nabadwipghat-Nabadwipdham upto BB loop (9.58 km) {Part of Kalinarayanpur-Krishnanagar with Krishnanagar-Shantipur Nabadwipghat- GC, Krishnanagar-Chartala, MM for Krishnanagar Chapra-NL, Naihati- Ranaghat-3rd line, Nabadwipghat-Nabadwipdham upto BB loop (9.58 km), Ranaghat-Lalgola strengthening (bridge No.2)} Doubling
3. ER Dankuni-Furfura Sharif NL {Part of Liluah-Dankuni - 3rd line (10.13 km) with extension to Furfura Sharif} Doubling
4. ECR Dhanbad-Sonnagar (Patratu-Sonnagar) - 3rd line (291 km) Doubling
5. ECoR Sambalpur-Titlagarh (182 km) Doubling
6. ECoR Raipur-Titlagarh (203 km), incl new line Mandir Hasaud-Naya Raipur (20 km) and new MM for conversion of Raipur (Kendri)-Dhamtari & Abhanpur-Rajim branch (67.20 km) Doubling
7. ECoR Banspani-Daitari-Tomka-Jakhapura (180 km) Doubling
8. ECoR Vizianagaram-Sambhalpur (Titlagarh) 3rd line Doubling
9. NR Utraitia-Raebareli (65.6 km) Doubling
10. NR Raebareli-Amethi (60.1 km) Doubling
11. NR Rajpura-Bhatinda Doubling with Electrification (172.64 km) Doubling
12. NR Janghai-Phaphamau DL with RE (46.79 km) Doubling
13. NCR Bhimsen-Jhansi (206 km) with RE Doubling
14. NCR Mathura-Jhansi 3rd line Doubling
15. NER Varanasi-Madhosingh-Allahabad Doubling
16. NER Bhatni-Aunrihar with electrification (125 km) (excl Indara - Mau (116.95 km)) Doubling
17. NER Phephna-Indara, Mau-Shahganj (excl. Indara-Mau) (150.28 km) DL Doubling
18. NWR Sarotra Road-Karjoda-Patch doubling (23.59 km) Doubling
19. SR Madurai-Maniyachi-Tuticorin Doubling with RE (159 km) Doubling
20. SR Maniyachi-Nagarcoil Doubling with RE (102 km) Doubling
21. SCR Vijaywada-Gudivada-Bhimavaram-Narasapur, Gudivada-Machlipatnam and Bhimavaram-Nidadavolu (221 km)- Doubling with electrification Doubling
22. SCR Secunderabad (Falaknuma)-Mehbubnagar doubling Doubling
23. SCR Vijayawada-Gudur 3rd line Doubling
24. SER Kharagpur (Nimpura)-Adityapur 3rd line (132 km) Doubling
25. SWR Hospet-Hubli-Londa-Tinaighat-Vasco da Gama (352.28 km) Doubling
26. WR Palanpur-Samakhiali (247.73 km) Doubling
27. WCR Bina-Kota (282.66 km) with RE Doubling
28. WCR Barkhera-Habibganj-3rd line (41.42 km) Doubling
29. WCR Budni-Barkhera-3rd line (33 km) Doubling
30. NER Lucknow-Pilibhit via Sitapur, Lakhimpur (262.76 km) Gauge Conversion
31. WR Ahmedabad-Botad (170.48 km) Gauge Conversion
32. WR Dhasa-Jetalsar (104.44 km) Gauge Conversion
33. CR Dighi Port-Roha (33.76 km) New Line
34. CR Yevatmal-Nanded (206 km) NL New Line
35. ECR Fatuah-Islampur incl. material modification for extension of new line from Neora to Daniawan; Daniawan to Biharsharif; Biharsharif to Barbigha; Barbigha to Sheikhpura New Line
36. ECoR Angul-Sukinda Road (98.7 km) New Line
37. NR Rishikesh-Karnaprayag (125.09 km) New Line
38. NR Bhanupalli-Bilaspur-Beri (63.1 km) New Line
39. NER Mau-Ghazipur-Tarighat New Line New Line
40. SECR Dallirajhara-Rowghat (90 km) {Part of Dallirajhara-Jagdalpur (235 km)} New Line
41. WCR Indore-Jabalpur (342 km) NL sanctioned as Budhni-Indore (205 km) New Line
42. RE Jakhal-Dhuri-Ludhiana (123 km) RE
43. RE Raninagar Jalpaigudi-New Bongaigaon - Guwahati (Incl) RE (382 rkm) (Part of Barauni - Katihar - Guwahati Incl. Katihar - Barsoi (836 km) RE RE
44. RE Rani-Palanpur 166 rkm {Part of Delhi Sarai Rohilla-Rewari - Palanpur - Ahmedabad, incl. Kalol - Gandhinagar-Khodiyar and Alwar-Bandikui-Jaipur- Phulera (1087km)} RE
45. RE Hospet - Hubli - Vasco da Gama (346 rkm) RE
46. RE Kasganj-Bareilly-Bhojipura-Daliganj RE RE
47. RE Villupuram-Cuddalore Port-Mayiladuturai-Thanjavur & Mayiladuturai- Thiruvarur RE RE
48. RE Chikjajur-Bellary RE RE
49. RE Bengaluru-Omalur Via Hosur RE RE
50. RE Guna-Gwalior RE RE
51. RE Utratia-Raebareli-Amethi 2nd line RE RE
52. RE Raebareli-Unchahar RE including Dalmau-Daryapur Section (63 rkm/70 tkm) of NR RE
53. RE RE of Sambalpur-Titlagarh Doubling project (96.596 km) RE
54. CR Latur-Setting up of coach manufacturing factory WKSP
55. ER Ranaghat (EMU Car Shed)-Inspection bay for 15 coach maintenance facilities WKSP
56. ER Jheel Siding Coaching Depot-Infrastructure development WKSP
57. ECR Gaya-Setting up New MEMU car shed for maintaining 30 rakes of 16 coaches WKSP
58. NR Sonipat-Setting up of coach periodical overhauling and refurbishment workshop WKSP
59. NCR Kanpur-Construction of MEMU Car shed WKSP
60. NCR Jhansi-Setting up of coach periodic overhauling and refurbishment workshop WKSP
61. NER Saidpur Bhitri-Setting up of Electric Loco Shed to home 200 Locos WKSP
62. NER Dullahapur Yard-Provision of tower wagon periodic overhauling shed WKSP
63. SCR Kazipet-Workshop for Wagon Periodical Overhauling WKSP
64. WR Vadodara-Setting up of New PoH Shop for Electrical Locos WKSP
65. ER Samudragarh-Nabadwipdham-Road over bridge in lieu of level crossing No.14 RSW
66. WR Dhasa-Jetalsar-Subways in lieu of Level Crossing-35 Nos. RSW
67. SCR New Crossing Station Between Umdanagar-Timmarpur Stations of Secunderabad-Mahabubnagar Section TFC
68. SR Manamadurai-Rameswaram-Repl of Full Scherzer Lift Span (Bridge No. 346) (Pamban Viaduct) BRGW
69. NER Daraganj - Rebuilding (Bridge No.111 On Ganga) BRGW
70. NER Setting Up of Centralised Training Institute for IRSME & IRSS Officers at Lucknow TRG
71. SECR Direct Power Supply from Central Generating Agencies OEW
72. WCR Provision of Addl. Traction Substation at Budhni OEW
73. SCR Lallaguda (Carriage Workshop)- Replacement of 100-Year-Old Administrative Building OSW
74. SCR Multi-Modal Transport System (MMTS)-Phase-II in Hyderabad MTP
75. SCR Ghatkesar-Raigir (Yadadri)-Extension of multi modal transportation system Phase-II MTP
76. MET Baranagar-Barrackpore & Dakshineswar-Construction of Metro Railway (14.5 km) MTP
77. MET Dum Dum Airport-New Garia via Rajerhat-Construction of Metro Railway (32 km) including Naupara (Ex.)-Baranagar (2.6 km) {Part of Dumdum-Baranagar Metro Railway sanctioned as MM to Dumdum-New Garia Metro Railway vide letter No. 96/Proj/C/5/1/Pt. Dated 30.10.09} MTP
78. MET Joka-Binoy Badal Dinesh Bagh via Majerhat-Construction of Metro railway (16.72 km) incl material modification for extension from Joka Diamond Park (Phase-I) MTP
79. NR Final Location Survey for New Line Connectivity to Char Dham (327 km) FLS

3.10.2 The list of 12 projects assigned to RVNL in 2019-20 and under execution is as under:

S.No. Railway Name of Project Plan Head
1. NR Lucknow (IRITM)-Upgradation of training facilities (construction of 80-seater classroom, 60-seater conference room & VVIP rest houses) TRG
2. NR Construction of 330-seater Auditorium at IRITM TRG
3. WR National Rail & Transportation Institute at Vadodara (NAIR) TRG
4. WR Construction of hostels in centralised training institutes (Umbrella Work 2019-20) TRG
5. ECoR Khurda Road-Construction of main line electrical multple unit car shed (Phase-2) WSKP
6. SWR New Station Building at Belguam OSW
7. SWR Second Entry Station Building at Belguam OSW
8. SWR Proposed Coaching Depot at Belgaum OSW
9. SWR Yard Remodelling Works at Belgaum OSW
10. CORE RE of NTPC siding at Hotgi Station (37 km) RE
11. CORE Palanpur-Samakhiali (247.73 km) RE RE
12. SR Manamadurai-Rameshwaram-Reconstruction of bridge (Pamban Viaduct) with navigational lift span BRGW

3.10.3 The list of project assigned to RVNL in 2019-20 and completed in the same year:

1. CORE Manoharabad- Medchal (14 km) RE

3.10.4 Projectreturned to Railway:

1. SECR Work of shifting of Y curve siding at Lakhanpur area of MCL on deposit basis (13 km) NL

3.10.5 Projects deleted from Pink Book:

1. ECR Barauni-New Loco Shed to Home 100 Electric Locos WKSP
2 WCR Misrod-Setting up of Workshop for Repair /Rehabilitation of Motorized Bogies of Electric Rolling Stock WKSP

3.10.6 Project sanctioned as MM to existing project merged with original sanctioned project:

1. MET Naupara (Ex.)-Baranagar (2.6 km) {Part of Dumdum-Baranagar Metro Railway sanctioned as MM to Dumdum-New Garia Metro Railway vide letter No. 96/Proj/C/5/1/Pt. Dated 30.10.09} merged with Dum Dum Airport-New Garia via Rajerhat-Construction of Metro Railway (32 km) MTP

3.10.6 Plan head of the following project has been corrected from New Line to Doubling as appearing in Pink Book:

1. ER Dankuni-Furfura Sharif NL {Part of Liluah-Dankuni-3rd line (10.13 km) with extension to Furfura Sharif} DL

3.11 Projects yet to be Sanctioned

(included in Pink Book):

(i) Bhadrak-Vizianagaram 3rd Line (385 km)

(ii) Khijadiya-Visavadar GC (91.27 km)

(iii) Junagarh-Visavadar GC (42.28 km)

(iv) V eraval-Talala-Visavadar GC (71.95 km)]

(v) New Bongaigaon-Agthori Via Rangia 2nd Line RE (143 rkm) T otal 733.5 km project length is yet sanctioned.

3.12 Kolkata Metro Projects:

3.12.1 Indian Railway transferred the works of four major projects for extension of Kolkata Metro to RVNL in March 2010 viz.

Joka-BBD Bag via Majerhat (16.72 km)

Dum Dum Airport-New Garia via Rajarhat (32 km)

Baranagar-Barrackpore& Dakshineswar (14.5 km)

Noapara (Ex.)-Baranagar (2.6 km)

3.12.2 As such RVNL was entrusted to build Metro corridors of about 65 km in Kolkata without any survey of underground utilities and without any DPR (Detailed Project Report). DPR is a pre-requisite for planning of Metro corridors in urban areas. RVNL first arrival of metro extension work in the congested and unplanned city was a challenge and required a lot of meticulous planning for identification and removal of encroachments and other impediments to start construction activity of Metro. The land acquisition in Kolkata/West Bengal poses a big problem causing delayed construction of Metro corridors and other infrastructural projects. The issues like removal of encroachments and relocation of utilities along with traffic diversion have affected the execution. has taken all possible action for implementation and early commissioning of Metro projects for larger interest of people of Kolkata.

3.12.3 The foundation stone for Joka-BBD Bag project was laid by her Excellency, President of India on 22.01.2010. Subsequently, 2 packages for viaduct and 2 packages for stations were awarded in December 2010 and April 2012 respectively. This entire Metro corridor has been planned in 2 phases i.e. in 1st phase from Joka to Majerhat elevated section and in the 2nd phase from Mominpur to BBD Bag as underground section. Originally sanctioned as elevated Material Modification is now sanctioned by Ministry of Railways for underground system. For construction of Mominpur station, permission from

Army HQ has been received only on 19.04.2017.

3.12.4 The Metro corridor from Joka to Majerhat (Phase-I) has made substantial progress. In fact, right from Joka Depot to Taratala (8.80 km), there is absolutely no discontinuity and stations are being made ready in another one-year time by to be simultaneously removing impediments like left out encroachments at Behala Bazar, Behala Chowrasta. Since this is a standalone system, a Maintenance Depot over a land of 24.48 hectare is a pre-requisite. Initially due to non-availability of land, the tender for the depot was discharged in February 2013 and also on October 2017.

At present, land to the extent of 91% in Kolkata city has been acquired and land development with boundary wall is in progress. Tender for full vehicle maintenance depot at Joka is scheduled to be opened on 15.07.2020 and in next 4 months, the contract is expected to be in place. The impediment namely, Rehabilitation India building has been dismantled, the long pending permission from Mint has been received from Ministry of Finance and the viaduct work is now in progress. After collapse of old ROB at Majerhat, the construction of Majerhat station has come to a halt since September 2018 due to no permission from State Government. As the construction of new ROB is in advanced stage, it is expected to start engagedRITESforpreparationofDPR.Late construction work of metro at Majerhat and upto Mominpur in next 4-6 months of agency. 3.12.5. In the section of New Garia to Rabindra Tirtha of Dum Dum Airport-New Garia project, 4 packages of Viaduct were awarded on 21.10.2011. About 17 km viaduct has been completed. The contracts for 21 stations (3 packages) were awarded on 05.03.2014. Out of 21 stations, one station land (Technopolis Metro station) is yet to be handed over due to Stay Order by the Court. For construction of stations, 5442 piles, 540 pile caps, 777 piers have been cast. The project got delayed because of land acquisition, traffic diversion issue over busy EM Bypass road, utility diversion and other permission. Further change of alignment proposed by State Government where unauthorized buildings were constructed after the Gazette Notification , other impediments like shifting of markets, traffic guard, raising of 220

KV overhead line, removal of encroachments, etc were the impediments and substantial part have been either removed or the balance part are on the way of removal. The alignment from City Centre-II to Airport is now approved by State Government after long persuasion therefore off late the tender is being floated to fix up the agency to complete left out stretch of City Centre to Airport (this tender is scheduled to be opened on 31.07.2020). Work of integrated Metro station at Airport has already commenced.

New Garia-Airport Metro Corridor

3.12.6 For Baranagar-Barrackpore & Dakshineswar and Noapara - Baranagar, the work has been planned in 2 parts i.e. Noapara-Baranagar-Dakshineswar and in the second part from Baranagar-Barrackpore. From Noapara to Dakshineswar, the work is going in full swing and the section is likely to be completed and commissioned during this current year 2020-21. Removal of encroachments in last leg by the State Government was completed on 14.02.2018 after persuasion of more than 07 years.

For Baranagar-Barrackpore Metro corridor, an MoU was signed between State Government, Metro Railway and RVNL in October 2011 where it was decided that RVNL shall continue the work of Metro viaduct construction on BT Road after commissioning of 64" pipeline under the BT Road with the closure of 60" and 42" diameter pipelines. The work of new pipeline has been commissioned but RVNL has not been able to start the work due to non-compliance of provisions of tripartite MoU by the State Government. State Government vide letter dated 03.05.2018 has proposed for change of alignment i.e. through Kalyani Expressway. Ministry of Railways has communicated to Chief Secretary, GoWB that under such situation, it will become a new project needing fresh sanction. RVNL vide letter dated 19.11.2018 has requested State Government to lay a new pipeline through another alignment at the cost of RVNL but State Government has not yet examined the proposal hence no work of Metro in this corridor could be initiated. For starting the challenging work of underground portion including tunnelling by TBM, the tender for GC cum PMC has been floated.

3.12.7 By successive progressing and sustained efforts, the issues of impediments, problems related to encroachments, shifting of utilities by the State Government etc. have been resolved and state of art structure is now being visible which is the long demand of people of Kolkata to see the extended arm of Metro further by commissioning the following stretches as have been planned.

(i) Noapara-Baranagar-Dakshineswar:

Complete viaduct & substructure over embankment has been completed, 1.90 km Belgharia Expressway diversion work has been completed, Dakshineswar station and BaranagarStationworkshavebeencompleted. Work of laying track (BLT), electrical (system) and S&T (system) work is in final phases.

As the whole country is facing COVID-19 pandemic at present, however, sustained efforts are being taken for commissioning this part before October 2020. (ii) Joka-Majerhat: 8.80 km of viaduct in a continuous stretch from Joka Depot has been completed. Major structures and stations have been completed at Joka, Thakurpukur and Sakher Bazar and remaining works are in progress up to Taratala to make the section ready by December 2021 for commissioning.

(iii) New Garia-Hemanta Mukherjee in Airport corridor: 5.75 km viaduct including stations portion except in few gaps are completed. The track laying and other system works are in progress to make the section ready by December 2021 for commissioning of this phase

3.13 Accidents

During 2019-20, no accident was reported from any of the project sites of RVNL.

3.14 ADB funded projects:

The first ADB loan (IND-1981) sanctioned for

"Railway Sector Improvement" was closed on 31.12.2011. A 2nd ADB Loan has been sanctioned for funding of 5 projects, namely:

? Raipur-Titlagarh doubling

? Sambalpur-Titlagarh doubling

? Hospet-Tinaighat doubling

? Daund-Gulbarga doubling

? Pune-Guntakal Railway Electrification

The funding by ADB requires compliance of various loan covenants on resettlement and rehabilitation of project affected persons, procurement of works and stores following international competitive bidding and implementation of plans for mitigation of social and environmental impact norms. A Multi Tranche Financing Facility of $500 million has been agreed to by ADB. The loan agreement for first Tranche

(Loan No. 2793-IND) of this MFF for an amount of $ 150 million was signed in July 2012 and the loan agreement for second Tranche (Loan No. 3108-IND) of this MFF for an amount of $130 million was signed in February 2014. Project Agreement & Loan Agreement against ADB loan No. 3623-IND (Railway Sector Investment Program-Tranche III) for an amount of $130 million have been signed on 16.3.2018.

RVNL is only the implementing agency for the Railway Projects allotted to RVNL by MOR. As per the funding arrangement, RVNL gets paid by MOR against projects to be executed during the financial year and is required to submit the claims on ADBs portal CPD against contractual expenditure/bills passed so as to enable MOF (Ministry of Finance) seek disbursement from ADB . The principal amount repayments, interest charges and commitment charges are directly paid by the MOF to ADB and are not reflected in the books of accounts of RVNL.

During 2019-20, the Loan 3108-IND was closed on 20.12.2019 . An amount of Rs. 276.69 crore equivalent to US$ 39.37 million has been disbursed by ADB under Loan 3108-IND & 3623-IND . During the FY 2019-20 Rs. 373.79 crore were spent on the ADB funded projects under Loan 3108-IND & 3623-IND .

3.15 Contracting:

As the size of projects being executed by RVNL is quite large, to ensure fast award and execution of projects, RVNL invites tenders consisting of multiple packages. Each tender may consist of up to 3 contract packages. This approach has a number of advantages such as: a) Multiple contracts can be awarded through one tender which saves time and effort in invitation and finalization of tenders. b) Both small and large agencies can compete for any contract package which increases competition. c) Large agencies who are capable of executing big contracts can quote for multiple packages to achieve economy of scale and pass on the benefit to RVNL by quoting discounts in case of award of more than one package. d) Smaller agencies, which would not be eligible to quote if the tender for the project was floated in a single package, are now able to compete in any of the contract packages individually as they may meet the qualification requirements of individual packages which are of comparatively smaller value.

During 2019-20, contracts worth approximately Rs.10450 crore were awarded. The details of contracts with value higher than Rs. 200 crore, awarded by the Company during the year are as under:

Construction of tunnels, bridges and formation works from chainage 18+444 to 33+097 under Package–2 in connection with new broad-gauge rail link between Rishikesh and Karanprayag (125km) in state of Uttarakhand, India (Rs.1794.09 crore)

Construction of single BG Tunnel T-9 (2800m), new BG

T-10 (4140m) with parallel escape tunnel, station yard at Srinagar and Maletha, Minor Bridges and other ancillary works in between

Ch: 63+460km to 73+018km under Package-5 in connection with new single Broad Guage rail link between Rishikesh and Karanprayag (125km) in the state of Uttarakhand, India

(Rs.909.90 crore)

Construction of Roadbed Major and Minor

Bridge, Supply of ballast, installation of track (excluding supply of rails, BG Line Sleepers) Service and Residential Buildings including Amenities, Passenger Amenities at Stations, SWS, TSS and related works along with General Electrical works in connection with 3rd line between Jimidipeta (incl.) (KM 356.518) & Gotal (Incl.) (KM 462.255) on Waltair Division of East Coast Railway in Odisha & Andhra Pradesh State, India (Rs. 665.66 crore)

Construction of Foundations, Substructures

& Superstructures along with River Training/ Protection Works, Earthwork & Allied Works for 05 important Railway Bridges over River Donal Khad, Dabatwali Khad, Balaknath Khad, Dharot I Nale & Dharot II Nala between Km 3.50 to Km 20.00 in connection with construction of Bhanupalli-Bilaspur-Beri New BG Line in the States of Punjab & Himachal Pradesh, India (Rs. 643.51crore)

Construction of Roadbed, Major & Minor

Bridges, Platforms, Buildings etc. and Electrical (General) works (including important Bridge No.31) Total 114.45 Km (Package1) in connection with Doubling of Bhatni - Aurnihar Section from Bhatni (including) Km 0.00 to Aurnihar (including) Km 125.30 (excluding Indara-Mau Section) on Varanasi Division of North Eastern Railway in the State of Uttar Pradesh, India (Rs. 579.00 crore)

Construction of Seven Tunnels including Cut &

Cover, ballast less railway track, civil Work on approaches, Minor Bridges, Slope Protection works and allied Works between Chainage 3.500 and Chainage 20,000 of Bhanupalli-Bilaspur-Beri New Railway Line in districts of Rupnagar of Punjab and Bilaspur of Himachal Pradesh States, India (Rs. 450.88 crore)

Package 1: Construction of Road over Bridges, Road under bridges and Major & Important waterway bridges for electrified railway line between Mangliyagaon (Indore)

- Budni stations (198 KMs) between Ratlam and Bhopal Divisions of Western Raiway and West Central Railway respectively in Madhya Pradesh State, India in 2 (Packages)

(Rs. 304.28crore)

"Construction of 7 stations (from SUB-

CBD1 to Titumir including all related works (Architectural, Electrical & Mechanical (E&M), Heating, Ventilation & Air condition (HVAC),

Fire Detection & fire Suppression System &

Public Health Engineering (PHE Works) of New Garia - airport Metro Project, Kolkata, West Bengal (India) (Rs. 302.95 crore)

Package 2: Construction of Road over Bridges,

Road under bridges and Major & Important waterway bridges for electrified railway line between Mangliyagaon (Indore)

- Budni stations (198 KMs) between Ratlam and Bhopal Divisions of Western Raiway and West Central Railway respectively in Madhya Pradesh State, India in 2 (Packages)

(Rs. 272.71crore)

Package 3: Manufacture and supply of UIC

60 Kg (Grade 880), Prime Class A rails as per

Indian Railway Standard Specification for Flat

Bottom Rails - IRS: T-12/2009 with up to date correction slips and specifications for various projects in India" (Rs. 249.22 crore)

Package- 1: "Track Linking (Excluding Supply of Rails, Sleepers, Thick Web Switches), S&T and OHE Works between Km. 0 to Km. 47 in connection with construction of Angul-Sukinda New BG Rail Link of 71.196 Track Km (Between Talcher Road to Tangaria including

2 Tie Lines at Budhapank) on Khurda Road Division of East Coast Railway in Odisha State,India (Rs. 226.00 crore)

Construction of Bridge No.31 (18x61.00M) and its approaches (Km 27.0 to Km 29.5 Total 2.5 KM) over River Ghaghara (Package 3), in/c/w doubling of ARJ-BTT Route of Varanasi Division of North Eastern Railway in the State of Uttar Pradesh, India (Rs. 222.74 crore)

P AMBAN BRIDGE: Re-construction

Pamban Bridge parallel to the existing Br.No. 346 at KM 655/000 - 657/200, including vertical lift steel span between Mandapam and Pamban stations in Madurai Division of Southern Railway in the State of Tamil Nadu, India (Rs. 220.97 crore)

Package 2: Manufacture and supply of UIC

60 Kg (Grade 880), Prime Class A rails as per

Indian Railway Standard Specification for Flat

Bottom Rails - IRS: T-12/2009 with up to date correction slips and specifications for various projects in India" (Rs. 208.85 crore)

Package 1: Manufacture and supply of UIC

60 Kg (Grade 880), Prime Class A rails as per

Indian Railway Standard Specification for Flat

Bottom Rails - IRS: T-12/2009 with up to date correction slips and specifications for various projects in India" (Rs. 207.13 crore)

Besides these Works Contracts, FLS, DDE & PMC contracts of Rs 335.00 crore have also been awarded during 2019-20.

4. PROJECT PLANNING & DEVELOPMENT

4.1. Public Private Partnership (PPP) in Indian Railway Connectivity Projects

Detailed Status of SPVs

As a part of the mandate of Rail Vikas Nigam Limited (RVNL) to undertake project development, mobilization of financial resources and to implement projects pertaining to strengthening of Golden

Quadrilateral and better connectivity to various ports, six Special Purpose Vehicles (SPVs) as Joint Ventures (JVs) have been created. RVNL has a minimum equity participation of 26 percent in each one of these SPVs.

Through these SPVs, RVNL has been able to mobilize a cumulative investment of Rs.7760.21 crore out of which Rs.2693.57 crore is equity and Rs.5066.64 crore is debt. RVNL itself has invested a total of Rs.983.85 crore as equity among these 6 SPVs, which is approximately 12.68% of their Gross total investment (refer to table below). of

Details of Equity & Debt of RVNLs SPVs

Name of SPV Paid up Equity RVNLs Equity Partners Equity Debt Total
Crore (Rs.) Crore (Rs.) %age Crore (Rs.) %age Crore (Rs.) Crore (Rs.)
Kutch Railway Co Ltd. 250.00 125.00 50.0% 125.00 50.0% 300.00 550.00
(KRC) (301 km) $$
Bharuch Dahej Railway 155.11 55.00 35.46% 100.11 64.54% 230.00 385.11
Co. Ltd. (63 km) *
Krishnapatnam Railway 625.00 311.00 49.76% 314.00 50.24% 1075.00 1700.00
Co. Ltd. (113 km) **
Haridaspur Paradip 1063.36 303.80 28.57% 759.56 71.43% 2925.00
Railway Co.Ltd. (82 km) #
Angul Sukinda Railway 600.00 189.00 31.5% 411.00 68.5% 1600.00 2200.00
Ltd.(102 km) ##
Dighi Roha Rail Limited 0.10 0.05 50% 0.05 50% 0.00 0.10
(34 Km) @
Total 2693.57 983.85 36.53% 1709.72 63.47% 5066.64 7760.21

$$ Bonus shares were issued in Nov. 2011 amounting to Rs.50 crores in the ratio of 1 : 4. * Paid up Capital is Rs.155.11 Crore against Authorized Capital of Rs.165 Crore.

**Paid up Capital is Rs.625 Crore against a total Authorized Capital of Rs.650 Crore. # Paid up Capital is Rs.1063.36 Crore against a total Authorized Capital of Rs.1500 Crore. ## Paid up Capital is Rs.600 Crore against a total Authorized Capital of Rs.800 Crore. @ Only Rs.5 lakh each have so far been contributed by RVNL & DPL (Promoter).

a) Kutch Railway Company Limited (KRC)

Railway/Division/State Western Railway/Ahmedabad/Gujarat
Project Type& Length Gauge Conversion, 301 Km
Year of Sanction 1988-89
Date of Transfer to RVNL 14.05.2003
Date of MoU 03.03.2004
Date of EOI NA
Date of Incorporation 22.01.2004
Shareholders Agreement signed on 22.04.2004
Traffic Guarantee Agreement signed on Not signed
Concession Agreement signed on 08.11.2005
Construction Agreement signed on 06.10.2005, 13.08.2018
O&M Agreement signed on 21.08.2005
Original cost (Rs. in Crore) 344.63
Project cost (Rs. in Crore) 550.00
Equity Participants Rail Vikas Nigam Limited 125.00 50.00%
Deendayal Port Trust 65.00 26.00%
Gujarat Adani Port Limited 50.00 20.00%
Govt. of Gujarat 10.00 4.00%
Total (Rs. in Crore) 250.00 100.00%
Commercial Operations Date (COD) Bonus shares were issued in Nov-2011 amounting to Rs. 50 Crore in the ratio of 1:4. 01.07.2006
Turn Over 2019-20 Current Status Rs. 741.00 Crore (Increased from Rs. 731.50 in 2018-19) SPV is undertaking the doubling of Samakhiali-Palanpur section section (248 km) at a cost of Rs.1548.66 Crore, through internal accruals. Target date is March-2022. Physical Progress: 75.00% and Financial Progress: 95.97%

KRC has been able to implement the JPO with Western Railway in regard to the Indirect cost from the date of signing i.e. 10th December 2019. O&M cost worked out by Ahmedabad division for 19-20 gives the details as; Indirect cost from 1st April 2019 to 10th December 2019 i.e., for 8.3 months as Rs.201 crore which works out to be Rs.24.22 crore per month. Indirect cost for the month of Jan/ Feb/ March 2020, each month after signing of MOU is now Rs.1.31 crore only. Therefore, a saving of Rs.22.91 crore every month. This will help company to take debit for funding the completion of doubling and RE project.

Doubling work between Samakhiali – Palanpur section with funding by SPV is in progress

(b) Bharuch Dahej Railway Company Limited (BDRCL

Railway/Division/State Western Railway/Vadodara/Gujarat
Project Type & Length Gauge Conversion, 63 Km
Year of Sanction 2005-06
Date of Transfer to RVNL 22.03.2006
Date of MoU 13.01.2005
Date of EOI 27.02.2006
Date of Incorporation 15.11.2006
Shareholders Agreement signed on 12.01.2007
Traffic Guarantee Agreement signed on Not signed
Concession Agreement signed on 25.06.2008
Construction Agreement signed on 01.07.2009
O&M Agreement signed on Not signed
Original cost (Rs. in Crore) 262.00
Project cost (Rs. in Crore) 395.00
Railway/Division/State Western Railway/Vadodara/Gujarat
Equity Participants Rail Vikas Nigam Limited 55.00 35.46%
Gujarat Maritime Board 17.86 11.51%
Gujarat Industrial Development Corporation 17.86 11.51%
Adani Petronet (Dahej) Port Private Limited 17.33 11.17%
Gujarat Narmada Valley Fertilizer Company 13.53 8.72%
Hindalco Industries Limited 13.53 8.72%
Dahej SEZ Limited 10.00 6.45%
Jindal Rail Infrastructure Limited 10.00 6.45%
Total (Rs. in Crore) 155.11 100.00%
Commercial Operations Date (COD) 08.03.2012
Turn Over 2019-20 Rs.28.40 (Rs.86.00 Crore in 2018-19)
Current Status Project is completed

(c) Krishnapatnam Railway Company Limited (KRCL)

Railway/Division/State South Central/Vijayawada/Andhra Pradesh
Project Type & Length New Line, 113.12 Km
Year of Sanction 2006-07
Date of Transfer to RVNL 14.05.2003
Date of MoU 22.11.2005
Date of EOI 27.02.2006
Date of Incorporation 11.10.2006
Shareholders Agreement signed on 13.10.2006, 23.02.2008 (A Participation Agreement was signed)
Traffic Guarantee Agreement signed on Not signed
Concession Agreement signed on 23.11.2007
Construction Agreement signed on 29.09.2011
O&M Agreement signed on 06.01.2012
Original cost (Rs. in Crore) 732.81
Project cost (Rs. in Crore) 2200.00
Equity Participants Rail Vikas Nigam Limited 311.00 49.76%
Sagarmala Development Co. Ltd 125.00 20.00%
Krishnapatnam Port Co Ltd 81.00 12.96%
National Mineral Development 40.00 6.40%
Corporation Ltd
Govt. of Andhra Pradesh 35.00 5.60%
Bramhani Industries Ltd 33.00 5.28%
Total (Rs. in Crore) 625.00 100.00%
Commercial Operations Date (COD) a. Venkatachalem – Nidiguntapalem – 01.10.2008
b. Nidiguntapalem – Krishnapatnam – 28.02.2009
c. Doubling of 21 km line from VKT to KAPT – 02.03.2014
d. The complete connectivity was commissioned in June 2019
Turn Over 2019-20 Rs.202.29 Crore (Increased from Rs.132.00 Cr. in 2018-19)
Current Status Project completed

95 km long OBVP-VRJN new broad-gauge line has been completed by KRCL and certified safe for running of goods trains at 75 Kmph by CE.C/SCR on 03.07.2019. The project houses Indias longest electrified

Railway tunnel of 6.6 km long which was inaugurated by Sri Venkaiah Naidu, Honble Vice President of India on 31.08.2019. Train operations on this line helped Country save distance of travel by 72 km besides fetching KRCL upgraded company rating of ‘BBB by M/s India ratings for the year 2019-20 from ‘BBB- from the previous 2 years rating.

(d) Haridaspur Paradip Railway Company Limited (HPRCL)

Railway/Division/State East Coast Railway/Khurda Road/Odisha
Project Type & Length New Line, 82 Km
Year of Sanction 1996-97
Date of Transfer to RVNL 14.05.2003
Date of MoU 24.02.2005
Date of EOI 21.01.2006
Date of Incorporation 25.09.2006
Shareholders Agreement signed on 11.10.2006
Traffic Guarantee Agreement signed on 04.04.2008
Concession Agreement signed on 20.12.2007
Construction Agreement signed on 11.08.2009
O&M Agreement signed on Not signed
Original cost (Rs. in Crore) 301.64
Project cost (Rs. in Crore) 2096.11
Rail Vikas Nigam Limited 303.80 28.57%
Sagarmala Development Company Ltd. 284.50 26.75%
Paradip Port Trust 94.37 8.87%
Govt. of Odisha 200.87 18.89%
Orissa Mining Corporation 92.92 8.74%
Essel Mining & Industries Ltd 30.00 2.82%
Rungta Mines Ltd 30.00 2.82%
MSPL Ltd 15.00 1.41%
Jindal Steel Power Limited 5.00 0.47%
Steel Authority of India Ltd. 5.00 0.47%
Odisha Industrial Infrastructure 1.90 0.18%
Development Corporation (IDCO)
Total (Rs. in Crore) 1063.36 100.00%
Commercial Operations Date (COD) Anticipated date of completion of the project is June-2020
Turn Over 2017-18 Line is under construction.
Current Status a. Haridaspur-Lalitgiri (25.03 Km) completed in Dec-18.
b. Lalitgiri-Bajipara-Kendrapara (17.98 Km) completed in July-19,
c. Haridaspur – Kendrapara (43 Km) commissioned in July-19
d. Kendrapara – Marshaghai Road (7.62 Km) completed in October-19
e. Siju – Paradip (3.94 Km) completed in February-20
f. Physical Progress: 88% and Financial Progress: 92.34%.

RVNL in its successful journey in Public Private Partnership (PPP), the prestigious Haridaspur-Paradeep New BG

Rail line with 25 KV Electrification project has been completed in 2019-20 (March 20). A redeeming feature of this line is that it does not have even a single level crossing on the entire route. Project length of 82.023 Km traverses Jajpur, Kendrapara and Jagatsinghpur districts in the State of Odisha. Project connects Paradeep port with the Howrah-Chennai Rail line at Haridaspur. This will be huge game changer in dynamics of Railway operations in the region and will bring incremental traffic to Railways once it is commissioned. This will help transportation of

Iron ore mineral from North part of Odisha to Paradeep port and also help evacuation of imporated coal and other commodities from Paradeep Port to different parts of the country through Howrah-Chennai Rail route. The project is likely to be commissioned shortly i.e. by 31.07.2020.

(e) Angul Sukinda Railway Limited (ASRL)

Railway/Division/State East Coast Railway/Khurda Road/Odisha
Project Type & Length New Line, 104.242 Km
Year of Sanction 1997-98
Date of Transfer to RVNL 22.02.2006
Date of MoU 19.11.2008
Date of EOI 17.06.2008
Date of Incorporation 20.02.2009
Shareholders Agreement signed on 27.05.2009
Traffic Guarantee Agreement signed on Not signed
Concession Agreement signed on 14.05.2010
Construction Agreement signed on 24.04.2015
O&M Agreement signed on Not signed
Original cost (Rs. in Crore) 391.00
Project cost (Rs. in Crore) 2200.00
Equity Participants Rail Vikas Nigam Limited 189.00 31.50%
CONCOR 156.00 26.00%
Govt. of Odisha 127.80 21.30%
Orissa Mining Corporation 63.00 10.50%
Jindal Steel Power Limited 60.00 10.00%
Odisha Industrial Infrastructure 4.20 0.70%
Development Corporation (IDCO)
Total (Rs. in Crore) 600.00 100.00%
Commercial Operations Date (COD) Anticipated date of completion of the project is Jun-2021
Railway/Division/State East Coast Railway/Khurda Road/Odisha
Turn Over 2017-18 Line is under construction.
Current Status (i) Private land (1256.157 acres):
a. 1 199.081 Acres (69 Villages) of private land which has been acquired.
b. Additional land acquisition proposal for private land for an area of 23.048 Acres submitted to LAOs through ECoR.
c. 2nd additional land acquisition proposal for private land for an area of 33.665 is under process by ECoR for direct purchase.
(ii) Government land (246.875 acres):
a. Alienations of 127.305 acres sanctioned.
b. Physical possession received for 40.305 acres.
(iii) Forest Land (350.566 acres):
a. In principle Stage-I & II clearance has been received from MOEF in Oct, 2017.
(iv) Physical Progress: 48.00% and Financial Progress: 56.02%

(f) Dighi Roha Rail Limited (DRRL)

Railway/Division/State Central Railway/Mumbai/Maharashtra
Project Type & Length New Line, 34 Km
Year of Sanction 2015-16
Date of Transfer to RVNL 03.07.2006
Date of MoU 18.04.2015
Date of EOI 27.10.2015
Date of Incorporation 29.09.2015
Shareholders Agreement signed on Not signed
Traffic Guarantee Agreement signed on Not signed
Concession Agreement signed on Not signed
Construction Agreement signed on Not signed
O&M Agreement signed on Not signed
Original cost (Rs. in Crore) 787.00
Project cost (Rs. in Crore) 787.00
Railway/Division/State Central Railway/Mumbai/Maharashtra
Equity Participants Rail Vikas Nigam Limited 20.46 26.00%
Dighi Port Limited 40.91 52.00%
Maharashtra Maritime Board 8.66 11.00%
Sagarmala Development Company 8.66 11.00%
Total (Rs. in Crore) 78.69 100.00%
Commercial Operations Date (COD) Not Fixed
Turn Over 2017-18 Line is under construction.
Current Status a. T ill date paid up equity Rs.10 lakh. RVNL and M/s is DPL have paid Rs.5 lakh each.
b. Maharashtra Maritime Board and Ministry of Shipping
(Sagarmala Development Company) have conveyed in- principle approval to take 11% equity each in the SPV
c. National Company Law Tribunal (NCLT) has initiated the corporate insolvency resolution process against Dighi Port Limited the main promoter of the SPV.

5. PERSONNEL DEVELOPMENT

Acquiring talented & experienced manpower, developing and retaining them have been the key responsibility areas of HR for achieving the Corporate objectives.

RVNL being engaged only in the execution of Railway Projects for the Indian Railways, the requirement of persons with the relevant technical experience and knowledge in rail construction are predominantly met by drawing employees from Railways on deputation or on absorption basis.

RVNL has also made up a cadre of regular employees by absorption of willing employees from Railways & other departments and PSUs. As on 31.03.2020, the manpower strength of RVNL stood at 202 regular employees & 383 deputationists.

The main focus of the HR policy is to ensure that the human resource is able to adapt to the charging business priorities and be a strategic business partner in the growth of the Organisation. To enhance managerial skill and efficiencyof the to keep them abreast with the latest technological changes in the rail construction, employees have been nominated to various managerial seminars relevant to his/her functional area. During 2019-20, 436 man-days of training were imparted to the employees at various levels through various training programmes in Contract Management, Project Management, Tunnelling, etc. RVNL has attractive and employee friendly policies to boost the morale and motivate employees to perform to the best of their abilities. Output per employee rose to Rs.24.88 Crore.

Every year, services & performance of meritorious employees and teams are recognised by presenting Individual and Group Awards & Shields on the occasion of Annual day celebrations. Although the 17th Annual Day was scheduled in the month of April, 2020, the function could not take place due to the regulatory restrictions imposed by the Government on account of COVID-19 pandemic.

5.1 INDUSTRIAL RELATIONS

During the year, Industrial Relations remained cordial and harmonious. All efforts were made to keep employees and family safe by complying with the extensive safety protocols in Corporate Office and across all Project Implementations Units(PIUs) in the wake of outbreak of COVID-19. As a welfare measure to the employees, services of Allopathic and Homeoand Physician are made available in the

Corporate Office.

5.2 Disclosure under the Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal) Act, 2013.

The Company has in place an Anti-Sexual Harassment policy in line with the requirements of the Sexual Harassment of Woman at the Workplace (Prevention Prohibition & Redressal)

Act-2013. An internal Complaints Committee called Vishaka Committee has been set up in RVNL to redress complaints related to sexual harassment. All employees are covered under this policy. No complaint relating to sexual harassment has been received by the Company during the year.

During the year 2019-20, one meeting of the Committee was held.

5.3 Right to Information Act

Right to Information Act, 2005 has been implemented in RVNL as per the Government guidelines. The Company has nominated Appellate Authority,

Central Public Information Officer and Asstt. Public Information Officer at the Corporate Office and Public Information Officer for each PIU. During year 2019-20, 203 applications were received. Out of which,116 applications were disposed off and requests are under process for disposal.

5.4 Rajbhasha (Official

The Company has been making concerted efforts to implement the directives of the Government of India on use of Rajbhasha (Official Language). The

Rajbhasha Department of the Company has a part-time Mukhya and a regular Deputy General Manager (Rajbhasha/Up-Mukhya Rajbhasha Adhikari).

All the computers in the Corporate Office have been provided with Unicode compliant software and fonts to facilitate access to common templates in

Devnagari. To encourage use of Rajbhasha, officials who use Rajbhasha in drafting notes and letters are identified from each department and given Shankar

Dayal Singh Smriti Puraskar. A competition on Hindi essay writing, Hindi noting and drafting, Hindi Shabd

Gyan and Quiz Competition was organised on the occasion of Hindi Divas Pakhwara in the month of September, 2019. Cash awards of Rs.76,800/- were distributed to 84 successful participants. The Company has also set up a reading room-cum-library in the Corporate Office with a good collection of books, news papers and periodicals in Hindi. During 2019-20, 4 meetings of the Rajabhasha Implementation Committee of RVNL were held with the representatives of Rajbhasha Directorate of Railway Board.

5.5 Presidential Directives:

The Company did not receive any Presidential Directive from Ministry of Railways during the year 2019-20.

6. Vigilance

The Vigilance Department in RVNL is manned by a Chief Vigilance Officer, one GGM/Vigilance (Part time), two Sr. DGM/Vigilance and one Sr. Manager / Vigilance. RVNL Vigilance functions with a dominant focus on preventive approach towards strengthening transparency in the systems, work procedures and accountability.

Inspections in brief:

During 2019-20, intensive examination of three selected projects under execution by Project Implementation Units was conducted. The scope of the . examination covered entire contract management and compliance with corporate standards & policies. Observations made during earlier CTE/CTE Type inspections were followed up and replies on paras pertaining to various CTE inspections were sent to CTE/CVC. RVNL Vigilance also facilitated an intensive examination of a Railway Electrification

Project (Jakhal-Dhuri-Ludhiana) by the Chief Technical Examiner of CVC in July, 2019.

System Improvements:

System improvements effected during 2019-20 due to preventive vigilance are as follows:

Instructions were issued by RVNL Corporate Office for initiating action for banning of business dealings against the bidders, in case such action is warranted, immediately after finalisation of the tender according to the provisions of ITB.

Instructions were issued for uploading the experience certificates of the firm who is awarded the contract on RVNLs website.

Instructions were issued for due diligence with respect to assessment of the time period for completion of work especially when such contracts are awarded on quotation basis.

Instructions were issued by RVNL Corporate Office that in case it is considered necessary to provide maintenance period in a contract having less than six months completion period, the same should be stipulated and simultaneously provision for security deposit shall also be stipulated (to be deducted from running bills) so that maintenance period can be enforced.

The PIUs were advised to plan surplus material as soon as the work is nearing completion to avoid unnecessary holding up of the final bill of the contractor.

Addendum/Corrigendum to RVNLs Standard Specifications for materials and works

Slip No. 28 dated 22.11.2019) regarding Test Load for Pile was issued. Besides, some other recommendations were also made relating to various aspects viz. to review guidelines/clauses relating to retention money in cases of Part-termination of contracts, to remove discrepancy regarding procedure for suspension/ banning of business dealings with agencies in

RVNL vis-a-vis tenders floated as per ADB Standard

Bidding document, mandatory Insurance Policies, to consider provision of third party test from NABL approved lab for blanketing material at source while giving its approval and also some such quality assurance tests in field taking undertakings from the employees at time of their absorption for submitting supporting documents about non-drawal of undue Dearness Relief. These recommendations are under consideration of the Management.

Investigations:

The complaints received by Vigilance from time to time were dealt with as per prescribed procedure.

Verifiable facts, if any, raised in the complaints were investigated and surprise checks done, as deemed fit. During the year, three complaints were taken up for investigation. Six Preventive/Surprise Checks were also conducted relating to various aspects viz. PMC work, awarding of tenders and work execution. Vigilance has suggested/recommended remedial measures in the wake of the investigations to prevent recurrence of similar lapses.

Disciplinary Action:

A CVCs advice was received through Railway Board Vigilance in a composite vigilance case wherein CVC advised Major Penalty Proceedings against an officer and Minor Penalty Proceedings against three officers. Major Penalty Charge Memorandum was issued to the officer and the case was remitted to inquiry. Since two of these three officers against whom Minor Penalty Proceedings were advised had been repatriated to Zonal Railways, their cases were referred to Railway Board/Zonal Railway. Minor Penalties were imposed on both of them by their respective Disciplinary Authorities. Remaining one disposal officer was also imposed Minor Penalty.

In another case, CVC, after considering the provisional views of CMD/RVNL, the DA, advised closure of Major Penalty Proceedings against an

RVNL officer which were relating to his working in

Zonal Railway. The case was accordingly closed by Railway Board (Vigilance) and in RVNL Vigilance. CVCs advice for Major Penalty Proceedings were received through Railway Board Vigilance in two more vigilance cases. Both these cases pertained to one officer for his previous working in Zonal Railway.

The matter was returned to Zonal Railway for further action as RVNL was not competent to take further action in the matter. Subsequently, Railway Board decided that the officer may be continued in RVNL on non-sensitive post and major penalty proceedings be initiated by the concerned Zonal Railway. In addition to above, ‘Recorded Warnings were issued to an officer in two different cases and an from NABL approved lab, officer was counselled in accordance with CVCs advice in another case. These cases pertained to their previous working in Zonal Railways and were investigated by Railway Vigilance. An officer was issued ‘Warning on the recommendation of RVNL Vigilance.

CVCs advice for ‘Counselling against an officerwas received through Railway Board Vigilance. Further, an advice for Administrative action against an officer was also received from Railway Board Vigilance. HR was advised to take further action in these cases. Both these cases pertain to their previous working in Zonal Railways.

Periodic Reports to CVC/Railway Board:

The status of various matters namely inspections, complaints, disciplinary cases and miscellaneous matters was regularly apprised to CVC/Railway Board through periodic quarterly and annual reports. The progress of Vigilance work from October, 2018 to March, 2019 and from April, 2019 to September, 2019 was also reviewed by Board of Directors.

Vigilance Awareness Week:

‘Vigilance Awareness Week-2019 was celebrated by Rail Vikas Nigam Limited (RVNL) at the Corporate

Office and its field units across the country from

28th October 2019 to 2nd November 2019. This year Central Vigilance Commission had adopted the theme as "Integrity-a way of life". The officials and staff of RVNL in Corporate Office as well as in all its Project Implementation Units (PIUs) were administered Integrity Pledge on 28.10.2019. The employees were also informed about the E- pledge available on the CVC website. A hyperlink for the E-pledge was provided on RVNL website also. As part of Vigilance Awareness Week Programme, the following activities were also taken up:

Posters on the theme were displayed at prominent locations of all RVNL offices.

Besides, banners were also displayed at offices and in schools, colleges etc., where various activities were held to generate awareness among people.

A lecture on vigilance aspects by was organised in RVNL Corporate Office.

Some field units also organized seminars/ workshops where discussions were held on various vigilance related issues to sensitize the employees.

A Nukkad Natak by Railway officials

Divisionon the theme was organized in the premises of August Kranti Bhawan.

14th edition of the Vigilance Bulletin was released on this occasion.

9750 students (approx.) of 32 schools and 4 colleges all over India participated in various activities viz. essay/slogan writing competition, quiz, poem, painting competition, lecture etc. organised by RVNL.

An inter-college debate was organized premises of Hindu College, Delhi University

R VNL also organised an inter-school Making Competition in its Corporate Office on November 1, 2019. Students from about 20 schools participated in the competition where the young artists displayed their vivid imaginations with creativity. Calendars (table calendar and wall calendar) depicting the thematic paintings as done by the students were published and circulated for wide spread of the message.

An Experience Sharing Session of CVOs under

Vigilance Study Circle:

A session/meeting of CVOs of PSUs and some Government Departments was hosted on 22nd January 2020 jointly by RVNL and IRCTC under Vigilance Study Circle. During the session, the experiences and expertise were shared and discussions were held about the latest developments in the field of vigilance. The meeting was attended by around 60 participants.

7.MEMORANDUMOFUNDERSTANDING

The Company secured a rating of "Excellent" by Department of Public Enterprises for the year 2018-19 on the basis of the achievement of the committed targets fixed in the Memorandum of Understanding signed between RVNL and Ministry of Railways. This is the ninth consecutive year for which the Company has been rated as "Excellent". In 2019-20, the Company has been able to achieve the targets set in the MoU and even surpassed them. RVNL completed New Line of 55.01 km, Gauge Conversion of 105.41 km and Doubling of 487.87 km, totalling to 648.29 km against a target of 600 km for "Excellent" under "Completion of milestone of clients orders/ agreements without time ofDelhi overrun", under Return on investment in JV, 103.69 km of project length was completed. 63.15 km doubling of Railway line for Kutch Railway Company Limited under the project Palanpur-Samakhiali was completed. 40.53 km new line of project length was completed for Haridaspur Paradip Railway Company Limited under the Haridaspur-Paradeep project and 84.62 km against a target of 75 km under

"Other sector specific result-oriented measurable parameter". Under "Capacity Utilization" parameter, completion of 1207.86 km Railway Electrification was achieved against a target of 1000 km for "Excellent" in the and Vadlapudi - Wagon POH workshop of 200 Nos capacity near Duvvada station under East Coast Poster Railway was completed on 21.12.2019 ahead of schedule. The Company was also able to meet the targets for all financial, enterprise specific and other parameters set in the MoU for 2019-20. Accordingly, the Company is expecting to achieve an "Excellent" rating for 2019-20 as well.

8. PARTICULARS RELATING TO CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO ETC.

8.1 Conservation of Energy and Technology Absorption

RVNL has been consistently laying emphasis on utilizing energy efficient equipment in its office premises and in various projects so as to minimally affect on the ecology and environment. Your

Company is conscious of the limited nature of conventional sources and the importance of using our energy resources wisely. Solar panels are installed at all Railway Stations and level crossings. LED lighting system also installed and wherever feasible, automatic censor based lightings are installed.

8.2 Foreign Exchange Earnings and Outgo

The Foreign Exchange outgo during the year in terms of actual outflows as compared to previous year are mentioned below:

(Rs. in crores)
Particulars 2019-20 2018-19
Foreign Exchange on foreign travel of Companys officials 0.37 0.58
Project Management Consultancy 0.17 -

9. RISK MANAGEMENT

RVNL has a formal Risk Management Policy duly approved by the Board of Directors. The Policy aims to review the exposure of RVNL to various risks and the mitigation measures to be taken periodically. It also strives to increase awareness among its employees and other stakeholders about possible risks and measures to control the same. The Company has a Risk Management Committee under the chairmanship of Director (Projects) with all functional Directors (except CMD) as members and head of department are special invitees to the meeting of the Committee.

The committee deliberated on the key challenges/ critical area of potential risk to the company and the following challenges/risks were identified: a) Delay in approval of drawings and changes in drawings/scope of work during the execution. b) Delay in land acquisition. c) Aggressive bidding by contractors leading to potential non performing contractors. d) Limited contractors for S&T and Electrical portion of projects is a risk in enhancement of turnover. e) Shortage of Funds specially in the 2nd half of Financial Year.

f) Rates in SBOQ in some schedules specially

Electrical and S&T are not as per market conditions resulting in consistently receiving higher rates in tenders. g) With increasing workload of RVNL and non releasing of competent officers by Zonal

Railway on deputations, risk of inadequate manpower with RVNL is increasing which may affect progress of projects and quality enforcement issues in project execution Following initiatives have been taken based on the suggestions made by the Risk Management Committee to overcome the above challenges on pilot basis: a) A portal for online approval of drawings has been developed, which has started working from May 2019. b) Instructions have been issued to Project Implementation Units that direct negotiations with land owners should be resorted to in case small quantity of land involving a few owners is likely to become a bottleneck in commissioning of the section. c) Provision for submission of additional BG by the contractor has been introduced in standard bidding documents of RVNL to discourage the contractors quoting abnormally low rates and later on failing to execute the project. d) Qualification Criteria for S&T and OHE partners has been relaxed to develop more contractors e) Railway Board is being persuaded to allot more funds to RVNL. f) Revision of standard bill of Quantities to take into account the market rates and requirement of new items considering changes in technology has been initiated. g) The pay packages of contract employees has been improved to make it more attractive to aspirants and to retain talented and experienced staff. h) T imely termination and single execution agency should be done wherever feasible. i) Laying of pole foundation-with buried abutments is being implemented. j) e-tendering has been started from May 2019, in order to improve transparency and expeditious decision making.

10. CORPORATE SOCIAL RESPONSIBILITY (CSR)

The key philosophy of CSR, as enshrined in the policy, is to meet the following broad objectives:

1. Implementation in project/programme mode

2. Focus on periphery of project areas of RVNL

3. Thrust areas of education and healthcare

4. Inclusive growth of society with emphasis on development of weaker sections of society and in the backward districts of the country.

The Company has constituted Corporate Social Responsibility Committee (CSR) in line with the requirements of the Companies Act, 2013 and DPE Guidelines.The details with respects to composition, CSR Policy and CSR activities undertaken by the Company during F. Y. 2019-20 are placed as Annexure C to this Report.

11. COMPLIANCE OF PROVISIONS OF COMPANIES ACT, 2013, SEBI (LODR) REGULATIONS,2015ANDSECRETARIAL STANDARDS ISSUED BY ICSI

All the provisions of the Companies Act, 2013 and the Rules made thereunder, Secretarial Standards issued by ICSI and SEBI (LODR) Regulations, 2015 to the extent possible and applicable to the Company as well as all relevant notifications thereon issued by the Government of India, are being strictly complied with.

12. COMPLIANCE OF DPE GUIDELINES AND POLICIES

All the guidelines and policies including guidelines having financial implications issued by Department of Public Enterprises from time to time are duly complied with by the Company.

13. COMPLIANCE OF THE PUBLIC PROCUREMENT POLICY FOR MICRO AND SMALL ENTERPRISES (MSEs) ORDER, 2012

The Government of India has notified

PublicProcurement Policy for Micro and Small

Enterprises (MSEs) Order, 2012 with effect from 1st April, 2012 and 25% of procurement of annual requirement of goods and services by all Central Ministries/Departments/Central Public Sector

Undertakings (CPSUs) has become mandatory from the Micro and Small Enterprises (MSEs) with effect from 1st April, 2015. Rail Vikas Nigam Ltd. (RVNL) has taken several steps for effective implementation of MSE policy. The benefits of waiver of cost of tender documents and deposit of earnest money, prescribed under the Policy, are incorporated in the tenders for stores procurement and obtaining services, etc. Mrs. Anupam Ban, Executive Director/HR/CO is working as Nodal Officer and Shri Vivek Kumar,

General Manager/P/CO has been nominated as the

Grievance Officer for seamless implementation of the MSE policy in RVNL. Contact details of these officers are uploaded on RVNL website.

Annual Procurement Plan for purchases in 2019-20 was made available on RVNL website for information of MSEs and to help them participate in procurement of goods and services.

In the year 2019-20, RVNL procured goods and services amounting to a total of Rs.18.47 crores. Out of this, the total value of goods and services purchased from MSEs (including MSE s owned by SC/ST and Women entrepreneurs) was to the tune of Rs.9.78 crores i.e 52.95% of the total procurement.

Thus, RVNL has fully complied with the Public Procurement Policy related to Micro and Small Enterprises.

14. RESEARCH AND DEVELOPMENT

Implementation of an Integrated IT Solution for RVNL

RVNL is utilizing a number of IT initiatives in order to automate the business processes of the organisation across employee services, office procedures, finance& project management and vendor billings.

Among the latest systems implemented, below are noteworthy accomplishments:

- R VNL tender invitation and bidding process has been automated on a dedicated STQC accredited e-Tendering platform.

- R VNL Corporate Office and all Project Units have migrated to the e-Office developed by

National Informatics Centre (NIC) under the National E-Governance Plan. All physical files have been discontinued and paperless e-Office online file management is utilised for

RVNL business.

- In order to tide over the lockdown and social distancing norms during the pandemic, RVNL has on-boarded Microsoft Office365 Solution for remote collaboration, including video conferencing.

- Alongside, an e-Notice Board has been provided for publishing and discovery of Official Announcements, Office Notes, Procedure Orders, Office Orders and Circulars.

- A dedicated portal was also launched performance appraisal of RVNL employees.

- Sampark RVNL service - an employee engagement platform with mobile-first approach, was launched for employee grievance resolution, with special focus on enabling field staff to conveniently log their issues over mobile devices.

- Project Drawings approval is now managed online using e-DAS (e-Drawing Approval System) - a web-based platform implemented by RVNL for Indian Railways, leading to expedited drawing approval, enhanced project management capability and design accountability. Power BI driven interactive visualizations are being utilized for project monitoring.

- The Online Computerized Measurement Books (CMBs) through SWMS (Site Works Management Studies) for the works executed by executing contractors and project consultancies has been implemented across all project units of RVNL, making works measurement and billing more structured, transparent and expeditious.

15. DIRECTORS RESPONSIBILITY STATEMENT

Pursuant to Section 134(5) of the Companies Act,

2013, the Directors confirm that - a) in the preparation of the annual accounts, the applicable accounting standards have been followed along with proper explanation relating to material departures; b) the Directors have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the profit period; ofthe Companyforthat c) the Directors have taken proper and care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the Company and for preventing and for detecting fraud and other irregularities; d) the Directors have prepared the annual accounts on a going concern basis. e) The Directors have laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and were operating effectively. f) the Directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

16. DIRECTORS AND KEY MANAGERIAL PERSONNEL

RVNL being a Government Company, the appointment of directors on its Board are done by the Ministry of Railways, Govt. of India from time to time. On the date of report, the strength of the Board of the Company comprises of twelve (12) Directors, out of which five (5) are whole-time Directors

(including Chairman and Managing Director), two (2) are Government Nominees from Administrative Ministry i.e. Ministry of Railways (MoR) as (Part-time) (official) Directors and five (5) are Independent

Directors (including one woman Director). Two (2) Position of Independent Directors are vacant. The Company has requested Ministry of Railways for appointment of Independent Directors in order to comply with the requirements under Regulation 17 of SEBI (LODR) Regulations.

The following Directors held office during the year and till the date of this report-

S. No. Name & DIN of Directors Designation Date of Appointment
Whole Time Directors/Functional Directors
1. Mr. Pradeep Gaur Chairman & Managing from 01.09.2018 onwards
(07243986) Director
2. Mr. Vijay Anand Director (Projects) from 04.05.2011 upto
(01874842) 31.07.2019
3. Mr. Vinay Singh Director (Projects) from 01.08.2019 onwards
(03324677)
4. Mr. Arun Kumar Director (Operations) from 10.10.2017 upto
(02486535) 29.02.2020
5. Mr. Rajesh Prasad Director (Operations) from 03.03.2020 onwards
(08585975)
6. Mr. Ajay Kumar Director (Personnel) from 24.10.2018 onwards
(08249293)
7. Mr. Sanjeeb Kumar Director (Finance) from 06.05.2020 onwards
(03383641)
Government Nominee Directors/Part time Official Directors
8. Mr. A. P. Dwivedi Government Nominee Director from 23.03.2018 upto
(07122333) 13.11.2019
9. Mr. S.C Jain Government Nominee Director from 18.01.2017 upto
(07564584 ) 17.05.2019
10. Mr. Hari Mohan Gupta Government Nominee Director from 17.05.2019 onwards
(08453476)
11. Mr. Vinay Srivastava Government Nominee Director from 20.12.2019 onwards
(08638850)
Independent Directors/ Part time non- Official Directors
12. Mr. Rajen Habib Khwaja Independent Director from 13.10.2017 onwards
(00101884)
13. Dr. Sabita Pradhan Independent Director from 17.10.2017 onwards
(07977780)
14. Dr. L. V. Muralikrishna Reddy Independent Director from 15.03.2018 onwards
(03316871)
15. Dr. Anil Kumar Independent Director from 21.05.2018 onwards
(00961397)
16. Major General (Retd.) Cyrus A Independent Director from 11.07.2019 onwards
Pithawalla
(06507764)
17. Mr. Shiv Kumar Gupta Independent Director from 01.04.2019 upto
(07391077) 31.03.2020
18. Mr. Vinayak Bhalachandra Independent Director from 01.04.2019 up to
Karanjikar (06518026) 31.03.2020

The Company has received declarations from the Independent Directors confirming that they meet the criteria of independence as prescribed under the Companies Act, 2013 and SEBI (LODR) Regulations, 2015 as amended from time to time.

Woman Director

In terms of the provisions of Section 149 of the Companies Act, 2013 read with the Companies

(Appointment and Qualification of Directors) Rules,

2014, a Company shall have at least one Woman Director on the Board of the Company. Further, as per SEBI (LODR) (Amendment) Regulations, 2018, a Company shall have at least one Indpendent Women Director. Your Company has Dr. Sabita Pradhan as Independent Director on the Board of the Company since October 2017.

Appointment/Resignations of Key Managerial Personnels

The Board of Directors of the Company has designated all the whole-time Directors, Company

Secretary, Chief Financial Officer (CFO) as the Key

Managerial Personnel (KMP) of the Company; and Chairman & Managing Director (CMD) and Director (Finance) have been designated as CEO and CFO, respectively.

Changes (Appointment/Cessation) in Key Management Personnels (KMP) during the year and till the date of this report.

Name Designation Date of change Reasons
Mr. Vijay Anand Director (Projects) upto 31.07.2019 Superannuation
(01874842)
Mr. Vinay Singh Director (Projects) from 01.08.2019 onwards Appointed and Designated as KMP
(03324677)
Mr. Arun Kumar Director (Operations) upto 29.02.2020 Superannuation
(02486535)
Mr. Rajesh Prasad Director (Operations) from 03.03.2020 onwards Appointed and Designated as KMP
(08585975)
A K Choudhary CFO upto 31.03.2020 Superannuation
Mr. Sanjeeb Kumar Director (Finance) & CFO from 06.05.2020 onwards Appointed and Designated as KMP
(03383641)

Annual evaluation by the Board of its own performance and that of its Committees and Individual Directors-

RVNL being a Government Company is exempted vide notification No. F.No.1/2/2014-CL. V dated 5.6.2015 issued by Ministry of Corporate Affairs, to comply with the provisions of Sec 134(3)(e) and Sec 134(3)(p) with respect to Annual evaluation by the Board of its own performance and that of its Committees and Individual Directors. Ministry of Corporate Affairs (MCA) vide General Circular dated 5th June, 2015 has exempted Government Companies from the provisions of Section 178 (2) which requires performance evaluation of every director by the Nomination & Remuneration Committee.

In case of RVNL, the performance evaluation of Directors is done by the Ministry of Railways as per their laid down procedure. Further, DPE, through our Administrative Ministry (MOR) has started the exercise of performance evaluation/ assessment of non-official (Independent) Directors on the Board of the Company.

RETIREMENT OF DIRECTORS BY ROTATION

The Companies Act, 2013 provides that the provisions in respect of retirement of Directors by rotation will not be applicable to Independent Directors. In view of this, no Independent Director is considered to be retiring by rotation, however, all other directors are considered to be retiring by rotation. Accordingly, as per provisions of section 152 of Companies Act, 2013, one third among all other directors namely Mr. Pradeep Gaur, Chairman

& Managing Director (CMD) and Mr. Ajay Kumar,

Director (Personnel), being longest in office, are liable to retire by rotation and being eligible, offer themselves for re-appointment. The details of Director seeking re-appointment at the ensuing AGM are contained in the Notice convening the ensuing AGM of the Company.

MEETINGS OF THE BOARD OF DIRECTORS AND OTHER COMMITTEES OF THE BOARD AND THEIR COMPOSITION

Pursuant to the Companies Act, 2013 and Rules framed there under, eight (8) Board Meetings were held in the F.Y.2019-20. The details of the Meetings are in the Corporate Governance Report forming part of this report. Your Company has Audit Committee, CSR Committee and other Committees of the Board in place in compliance to Companies Act, 2013 and SEBI (LODR) Regulations. The Composition and scope of the Committees are provided in the report of Corporate Governance, forming part of this report in Annexure-B. Further, there has been no instance where the Board of Directors have not accepted the recommendation of Audit Committee.

A STATEMENT REGARDING OPINION OF THE BOARD WITH REGARD TO INTEGRITY EXPERTISE AND EXPERIENCE (INCLUDING and Material Orders Passed By The

THE PROFICIENCY) OF THE INDEPENDENT DIRECTORS APPOINTED DURING THE YEAR

The Independent directors appointed on the Board of the Company are eminent personalities drawn from fields like Science, Finance, management, industry etc. having wide experience. Upon induction on the Board of the Company, the Independent directors are familiarized with profile of the Company, its business, industry scenario, operations, organizational structure, statutory & regulatory responsibilities through familiarization programme. During the year 2019-20, Mr. Shiv Kumar Gupta, Mr. Vinayak Bhalachandra Karanjikar and Major General (Retd.) Cyrus A Pithawalla were appointed/ re-appointed as Independent Directors on the Board of the Company. All these have wide experience in their field of the Company. In the opinion of the Board, the

Independent Directors fulfil the conditions specified in the Listing Regulations and are independent of the management.

17. AUDITORS a) Statutory Auditor contribution in the growth

The Comptroller & Auditor General of India has appointed M/s Raj Har Gopal & Co. Chartered Accountants as Statutory Auditors of the Company for the year ended 31st March, 2020. The Board would like to thank them for their valuable support and guidance during the audit of accounts under review.

b) Secretarial Auditor

The Board of Directors has appointed M/s.

Kumar Naresh Sinha & Associates, Practicing Company Secretary to conduct the Secretarial

Audit for financial year 2019-20. The

Secretarial Audit Report is annexed and forms part of this Annual Report in Annexure E.

18. COMMENTS OF COMPTROLLER & AUDITOR GENERAL (C&AG) OF INDIA

Comments of Comptroller & Auditor General (C&AG) of India on the Audited Financial Statements of your Company for the FY 2019-20 are yet to be received.

19. DETAILS OF SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS OR TRIBUNALS IMPACTING THE GOING CONCERN STATUS AND COMPANYS OPERATIONS IN FUTURE.

No Significant

Regulators or Courts or Tribunals Impacting the Going Concern Status and Companys Operations in future during the year under review

20. MATERIAL CHANGES AND COMMITMENTS AFFECTING FINANCIAL POSITION BETWEEN THE END OF THE FINANCIAL YEAR AND DATE OF REPORT

There are no material changes and commitments affecting financial position of the Company between the end of the financial year and date of this Report.

21. COST RECORDS

The provisions of section 148 of the Companies Act, 2013 is not applicable to the Company.

22. ACKNOWLEDGEMENTS and have contributed towards the growth

At the outset, the Company would like to place on record and express their appreciation of the special contribution of Mr. Vijay Anand, Director (Projects) and Mr. Arun Kumar, Director (Operations) who demitted office on 31st July, 2019 & 29th February 2020, respectively. During their tenure, they have made significant

& development of the Company. Company has benifitted immensely from their vast experience and knowledge Mr. Shiv Kumar Gupta and Mr. Vinayak Karanjikar, Independent Directors also completed their tenure on 31.03.2020. They have also contributed in the Companys progress during their tenure.

Your Directors express their gratitude for continued co-operation, support and guidance in effective management of companys affairs and resources provided by Government of India, in particular Ministry of Railways (MoR), Ministry of Finance, Department of Public Enterprises, various banks, Asian Development Bank, the Zonal Railways, IRFC and our equity partners in Joint Venture SPVs for their continued interest and support to the Company. Your Directors also acknowledge the support and guidance received from officials of Comptroller

& Auditor General of India, Statutory Auditors, and Secretarial Auditors for their suggestions. Your Directors wish to place on record their deep appreciation for the dedication and commitment of the employees at all levels for registering an improved performance results in all areas of operations. Last but not the least, the Directors would like to express their deep appreciation and gratitude towards all their predecessors who have been associated with RVNL, for their invaluable contribution to the growth and development of the Company in attainment of the Companys aims and goals in all spheres.

For and on behalf of Board of Directors

Sd/-(Pradeep Gaur) Chairman & Managing Director

DIN: 07243986

Place: New Delhi Date: 27th August, 2020