Rail Vikas Nigam Ltd Directors Report.

Dear Shareholders,

Your Directors are pleased to present the 16thAnnual Report and Audited Financial Statements for the Financial Year ended 31st March, 2019 together with the reports of Statutory Auditors and Comptroller & Auditor General of India thereon.

Integral Reports

The "Management Discussion and Analysis Report”, "Corporate Governance Report”, "Corporate Social Responsibility (CSR) Report”, "Secretarial Auditor Report”, Extract of Annual Return and "Form AOC-2” with relevant sub-appendices form an integral part of this Boards 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.

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.

(i) A Certificate signed by the Chairman and Managing Director affirming receipt of compliance with the Code of Conduct from all Board members and Senior Management personnel during the year 2018-19 (placed at Annexure “B-1”) as per guidelines of Department of Public Enterprises on Corporate Governance;

(ii) A Certificate from the Chairman and Managing Director (CMD) and Chief Financial Officer (CFO) with regard to the authenticity of financial statements (placed at Annexure “B-2”); and

(iii) A Certificate of compliance of Corporate Governance signed by a Practicing Company Secretary (placed at Annexure “B-3”) as per guidelines of Department of Public Enterprises on Corporate Governance.

(iv) Certificate on non-disqualification of directors (placed at Annexure “B-4”).

The Corporate Social Responsibility (CSR) Report reflects RVNLs plans, policy, budget, expenditure, evaluation process for projects and CSR activities undertaken during the year.

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 Akhil Rohtagi & Co., Practicing Company Secretary, to undertake the Secretarial Audit of the Company. The Secretarial Audit Report is placed at Annexure “D”.

Pursuant to section 134 (3) (a) of the Companies Act, 2013 read wtih Rule 12 (1) of the Companies (Management and Administration) Rules 2014, the "Extract of Annual Return” is placed at Annexure “E”.

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” is placed at Annexure “F”.

1. FINANCIAL PERFORMANCE HIGHLIGHTS

The key highlights of the financial performance of the Company during FY 2018-19 along with the corresponding performance in FY 201718 are mentioned below (rounded to nearest rupees/crore):

(दin crore)
Particulars 2018-19 2017-18 % Increase/ (Decrease)
Turnover 10060.07 7556.56 33.13%
Total Income 10332.70 7781.36 32.79%
Operating Income 761.03 573.39 32.72%
PBT(excluding other income, extraordinary and exceptional items) 523.37 377.65 38.59%
Reserves & Surplus 1653.73 1266.46 30.58%
Profit Before Tax 758.31 564.15 34.42%
Profit After Tax 606.59 469.66 29.16%
Net worth 3738.76 3351.48 11.56%
Appropriations
Total Dividend (including proposed final dividend i.e. 19.36 crore) 186.94 167.57 11.56%

2. PHYSICAL PERFORMANCE

Your Directors are delighted to inform that the F.Y 2018-19 has been a year of excellence and growth for the Company. Your Company surpassed all previous achievements.

• Total project Length completed during the F. Y 2018-19 was 999.94 km (263.83 km of Doubling, 129.19 km of New Line, 106.92 km of Gauge Conversion and 500 km of Railway Electrification) of project length have been physically completed.

Intial Public Offer (IPO) & Listing of Shares

During the financial year 2017-18 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 Offering (IPO). Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, appointed Legal Counsel (M/s. DSK Legal) and the Book Running Lead (Yes Securities, Elara Capital and IDBI Capital) to the 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 द19/- per share, a discount of द0.50 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.

Capital Structure

With an authorized share capital of the Company of द3000 crore, there has been no change in the Capital Structure of the Company, with the paid- up share capital of the Company remaining at द2085.02 crore. The Company has not issued any share during the year under consideration.

Turnover

Your Company has achieved a highest ever turnover of द10060.07 crore in 2018-19 as compared to द7556.56 crore in 2017-18, showing an increase of 33.13%.

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 84.04% 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 an increase in the level of expenditure on works undertaken for SPVs and other deposit works to द1486.84 crore during 2018-19 in comparison to द1356.35 crore in the previous year.

Profit

Profit before Tax increased from द564.15 crore in 2017-18 to द758.31 crore in 2018-19. The major increase is on account of higher gross margin from project execution from द377.65 crore in previous year to 523.37 crore in 2018-19. While there has been an increase in Dividend income from SPVs to द17.50 crore in comparison to द10.00 crore in previous year, the balance increase is on account of interest income.

Profit after Tax increased from द469.66 crore in F. Y 2017-18 to द606.59 crore in F. Y 2018-19 showing an increase of 29.16%.

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 द388.82 erore and on account of OCI (1.54) Crore to Reserves and Surplus. Accordingly, the Net Worth of the Company has increased from द3,351.48 crore at the end of previous year to द3,738.76 crore at the end of the current year.

Reserves

After taking into account, payment of Interim Dividend of द167.57 crore (Total dividend of द167.57 crore for F.Y 2017-18) and Dividend Distribution Tax of द34.44 crore, the balance under Reserves & Surplus at the end of 201819 stands at Rs. 1,653.73 crore in comparison to द1,266.46 crore in 2017-18.

Dividend

As per the guidelines issued by Department of Investment and Public Asset Management (DIPAM) the minimum dividend to be paid for the year should be atleast 5% of net worth or 30% of profit after tax, whichever is higher.

Interim Dividend

In F.Y. 2018-19, the Board of Directors declared an Interim Dividend of द167.57 crore in compliance with Guidelines on Capital Restructuring issued by the Department of Public Asset and Investment Management(DIPAM).

Final Dividend

The Board recommended a Final Dividend of द19.36 crores (0.09 per share) subject to the approval of shareholders in the ensuring Annual General Meeting of the Company. The total dividend (including dividend distribution tax) for the year 2018-19 will be Rs. 202.01 crore as compared to द185.95 crore for the financial year 2017-18, showing an increase of 8.64 % 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 द8,126.50 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 द1046 crore was received as borrowings from IRFC. With this, the total amount received from IRFC is द4,327.43 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 द262.65 crore was paid to IRFC on this account, leaving an outstanding loan balance of द2,842.63 crore.

CONSOLIDATED FINANCIAL STATEMENTS

The Consolidated Financial Statements of the Company prepared in accordance with the provisions of the Companies Act, 2013 and the applicable Indian Accounting Standards (Ind-AS) for the financial year 2018-19 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:

(दin crore)
Particular Figures as on 31.3.2019 Stand Alone Figures as on 31.3.2019 Consolidated
Turn Over 10060.07 10068.68
Other Income 272.63 272.74
Direct Expenses 9299.05 9307.66
Indirect Expenses 287.77 287.83
PBT 758.31 856.98
PAT 606.59 705.24
Reserve & Surplus 1653.73 2310.55
Net Worth 3738.76 4395.57

* PBT includes द98.82 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 the Companies Act 2013 is provided in Note-52 to the Consolidated Financial Statements.

Operational Performance

Projects Execution

3.1 Physical Size of the Projects:

Since its establishment in 2003, Ministry of Railways has transferred 174 projects to RVNL for execution, which may be broadly classified under the following heads:

• Doubling 70
• Gauge Conversion 11
• New Lines 15
• MTP 6
• Railway Electrification 31
• Workshops 21
• Others 20
• Unsanctioned 5 (1 Doubling, 3 GC, 1 RE)

The distribution of project length under various plan heads is shown below:

Details of Sanctioned Projects where progress is affected:

S. No. Factors affecting Progress of Projects No. of Projects Length (km) Cost (दCrore)
(i) Projects adversely affected/held up due to land acquisition, forest clearance, law and order & other issues 7 205.41 7132.72
(ii) Projects adversely affected/held up due to clearances awaited from Central & State Governments (Metro projects)/ shifting of utilities etc. 1+2 (partly) 26.14 5719.00
(iii) Projects under review 3 0.00 281.69
Total 8+2 (partly) 231.55 13133.41

3.1.2 Upto 2012, the RE works being executed by RVNL were only those where electrification was a part of some other work such as doubling, gauge conversion, etc. However, in the last 6 years, pure RE projects have also been transferred for execution.

With the transfer of projects involving construction of Workshops, Metro projects, construction of Cable Stayed Bridge etc. RVNL has diversified the nature of projects being executed by it.

These projects are spread all over the country and for efficient implementation of projects, 44 Project Implementation Units (PIUs) have been established at 24 locations to execute projects in their geographical hinterland. They are located at Ahmedabad, Agra, Ambala, Bengaluru, Bhopal (2 Units), Bhubaneshwar (2 Units), Chennai (2 Units), Chandigarh (3 Units), Guwahati, Jodhpur, Jhansi, Kanpur, Kharagpur, Kolkata (3 Units), Kota, Lucknow (3 Units), Mumbai, Pune (2 Units), Raipur (2 Units), Rishikesh, Ranchi, Secunderabad (2 Units), Varanasi (4 Units), Vijaywada, Waltair (2 Units). The PIUs are established and closed as per requirement.

3.2 Status of physical progress of projects

The status of the 174 projects assigned to RVNL for execution is as under: -

Projects completed up to March 2019 : 76
Projects under implementation : 98
(includes 13 projects at Para 3.1.1)
Projects yet to be sanctioned : 5

3.2.1 RVNL has so far completed 76 projects.

The list of 65 projects fully completed up to March, 2018 is as under:

S. No. Railway Project Name Type of Project Length (km)
1 Central Railway (CR) 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 (ER) Gurup - Saktigarh Extn of 3rd Line Doubling 26
6 East Central Railway (ECR) Barauni - Tilrath Bypass Doubling Doubling 8.3
7 East Coast Railway (ECoR) 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 32.324
12 North Central Railway (NCR) Palwal - Bhuteswar 3rd Line Doubling 81
13 North Central Railway Aligarh - Ghaziabad 3rd Line Doubling 106.1
14 North Western Railway (NWR) 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 Southern Railway (SR) Attipattu - Korukkupet 3rd Line Doubling 18
19 Southern Railway Pattabiram - Tiruvallur 4th Line & Tiruvallur - Arakkonam 3rd Line Doubling 41.89
20 Southern Railway Tiruvallur - Arakkonam 4th Line Doubling 28
21 Southern Railway Villipuram-Dindigul Doubling Doubling 273
22 Southern Railway Thanjavur-Ponmalai - Doubling Doubling 46.96
23 South Central Railway (SCR) Pullampet - Balapalle Ph I of Gooty - Renigunta Doubling Doubling 41
24 South Central Railway Krishnapatnam - Venkatachalam Doubling with RE Doubling 16.5
25 South Central Railway Gooty - Renigunta Patch Doubling Doubling 151
26 South Central Railway Raichur - Guntakal Doubling Doubling 81.0
27 South Eastern Railway (SER) Tikiapara - Santragachi Doubling Doubling 5.6
28 South Eastern Railway Panskura - Kharagpur 3rd Line Doubling 45
29 South Eastern Railway Panskura - Haldia Ph 1 Doubling Doubling 14
30 South Eastern Railway Rajgoda - Tamluk (Jn. Cabin) Doubling Doubling 13.5
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 (SECR) Bilaspur - Urkura 3rd Line Doubling Doubling 105
34 South East Central Railway Salka Road- Khongsara Patch Doubling Doubling 26
35 South Western Railway (SWR) Hospet - Guntakal Doubling Doubling 115
36 West Central Railway Bhopal-Bina - 3rd line (143 km) Doubling 144.3
37 North Western Railway (NWR) 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 (SR) Thanjavur - Villupuram Gauge Conversion GC 192
41 Southern Railway Cuddalore - Salem Gauge Conversion GC 193
42 South Western Railway (SWR) Arasikere-Hassan-Mangalore Gauge Conversion GC 230
43 Western Railway (WR) Bharuch - Samni - Dahej Gauge Conversion GC 62
44 Western Railway Gandhidham - Palanpur Gauge Conversion GC 301
45 East Coast Railway (ECoR) Daitari - Banspani New Line NL 155
46 Southern Railway (SR) Vallarpadam - Idapally New Line NL 9
47 Railway Electrification (RE) 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 Daund-Manmad incl. Puntamba- Shirdi - RE RE 255
51 Railway Electrification Reningunta - Guntakal RE RE 308
52 Railway Electrification Yelahanka - Dharmavaram - Gooty RE RE 306
53 Railway Electrification Bharuch - Samni - Dahej RE RE 64
54 Railway Electrification Manheru- Hissar RE RE 74
55 Railway Electrification Jakhal - Hisar (79 km) RE 80.0
56 Eastern Railway (ER) Civil Engineering Works in Connection with Diesel Loco Component Factory, Dankuni WKSP -
57 Eastern Railway Dankuni - Setting Up of Electric Loco Assembly and Ancillary Unit of CLW WKSP -
58 East Central Railway Barauni - 250 High Horse Power Loco Shed WKSP -
59 South Eastern Railway (SER) Setting Up of Diesel Multiple Unit (DMU) Manufacturing Factory at Sankrail / Haldia WKSP -
60 DLW Varanasi - Augmentation of Production Capacity from 200 to 250 High HP Locos per year WKSP
61 South Central Railway (SCR) Workshop for Manufacture of Flat Bogies for LHB Design Coaches, Yadgir WKSP -
62 Eastern Railway Barddhaman Yard - 4-lane road over bridge in lieu of 2-lane road over bridge No. 213 ROB -
63 Southern Railway Srirangam-Tiruchchirapalli Town - 4-lane road over bridge in lieu of 2- lane bridge No.380-A ROB
64 North Western Railway (NWR) IOC Siding at Salawas (Deposit Work) Others 2.82
65 South Central Railway Secunderabad- Upgradation of facilities at Centralised Training Academy for Railway Accounts TRG -

The list of 11 projects completed in 2018-19 is as under:

S. No. Railway Project Name Type of Project Length (km)
1. North Western Railway Abu Road-Sarotra Road- Patch doubling (23.12 km) Doubling 23.12
2. North Western Railway Swaruganj-Abu Road - Patch doubling (25.36 km) Doubling 25.36
3. South Central Railway Guntur-Tenali - Doubling with electrification (24.38 km) Doubling 24.38
4. South East Central Railway Khodri-Anuppur, with Flyover at Bilaspur (61.6 km) Doubling 61.6
5. West Central Railway Itarsi-Budni - 3rd line (25.090 km) Doubling 25.09
6. Railway Electrification Chhapra-Ballia-Ghazipur-Varanasi-Alla- habad RE (330 rkm) RE 330
7. Railway Electrification Guntakal-Kalluru RE (40 rkm) RE 40
8. Railway Electrification Utretia - Rae Bareli - Amethi - Janghai RE (214 rkm) RE 214
9. Railway Electrification Daund-Baramati (44 rkm) RE 44
10. North Eastern Railway Aunrihar - DEMU Shed WKSP -
11. North Western Railway Madar - Palanpur - Removing of PSR (Kms 589/1 to 590/1) Track Renewal -

3.3 Total project length completed:

Cumulatively, RVNL has completed a total of 2932.35 km of doubling, 1783.22 km of gauge conversion, 360.01 km of new lines, 3762.07 km of pure Railway Electrification, 2029.41 km RE as part of NL/GC/DL and 42.0 km of Metropolitan Transport Project (MTP). Thus, as on

31.3.2019, 8879.65 km project length out of a total length of 17066.62 km of 174 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 2018-19:

During 2018-19, 999.94 km (263.83 km of Doubling, 129.19 km of New Line, 106.92 km of Gauge Conversation, 500 km of Railway Electrification, 1 Workshop project and 1 Track Renewal Work have been physically completed. In addition, Railway Electrification of 120.41 km was also carried out in other than specific Railway Electrification projects as part of Doubling.

3.4.1 Sections completed under New Line Plan Head: During the year, 129.19 km of New Line project was completed, the details are given below:

3.4.1.1 Fatuah-Islampur incl. material modification for extension of new line from Neora to Daniawan; Daniawan to Biharsharif; Biharsharif to Barbigha; Barbigha to Sheikhpura: During the year, 15.8 km project length was completed. Sheikhpura to Sharsa Jamalpur (11 km) was completed in July 2019 and Sharsa Jamalpur to Barbigha (excl.) (4.8 km) was completed in March 2019.

3.4.1.2 Haridaspur-Paradeep (82 km):

During the year, 25.03 km project length was completed. Haridaspur-Chandikhole-Ratnagiri- Lalitgiri (25.03 km) was completed in December 2018.

3.4.1.3 Obulavaripalli-Krishnapattnam (113 km): During the year, 80.16 km project length was completed. Aduripalle-Venkatachalam Road-Vellikallu (58.50 km) and Obulavaripalli- Cherlopalle (21.66 km) were completed in October 2018.

3.4.1.4 Dallirajhara-Rowghat New Line:

During the year, Bhanupratapur- Keoti (8.2 km) was completed in March 2019.

3.4.2. Sections completed under Gauge Conversation Plan Head: During the year, 106.92 km of Gauge Conversation was completed, the details are given below:

3.4.2.1 Lucknow-Pilibhit Gauge Converstion:

During the year, Sitapur-Mailani (106.92 km) was completed in March 2019.

3.4.3 Sections completed under Doubling Plan Head:

During the year, 263.83 km of Doubling was completed, the details are given below:

3.4.3.1 Guntur - Tenali - Doubling with electrification (24.38 km): During the year completion of Doubling of 26 km was completed. Guntur - Vejendla (11 km) and Vejendla- Sangamjagarlamudi (7 km) were completed in May 2018. Sangamjagarlamudi-Tenali (8 km) was completed in July, thus completing the project.

3.4.3.2 Raipur-Titlagarh (203 km): During the year, 29 km of project length was completed against the MoU time line target of 24 km. Lakhna - Nawapara (13 km) and Lakhna - Harishankar Road (16 km) were completed on 05-12-2018.

3.4.3.3 Bina - Kota Doubling with RE:

During the year, 26.86 km of project length was completed, against the MoU time line target of 26 km. During the year, Bijora- Sundlak (6.07 km) was completed in May 2018, Pagara-Maban (7.59 km) was completed in September 2018, Sri Kalyanpur- Bhonra (7.32 km) was completed in October 2018 and Pagara-Pilighata (5.88 km) was completed on 10-12-2018.

3.4.3.4 Daund - Gulbarga Doubling:

During the year, 40.96 km of project length was completed, out of which 31.24 km was completed against the MoU time line target of 26 km. During the year, Bablad - Gulbarga (5.42 km) was completed in September 2018, Dudhani - Kulali (9.83 km) was completed in October 2018, Savalgi - Bablad (7.58 km) & Kem - Bhalwani (8.41 km) were completed in November 2018, thus totalling - 31.24 km against MoU time line parameter. In addition, Kurduwadi - Dhavlas (9.72 km) was completed in November 2018.

3.4.3.5 Sambalpur - Titlagarh Doubling:

During the year, Khaliapali-Loisingha (11.15 km) was completed in November 2018.

3.4.3.6 Utretia-Rae Bareli (65.6 km): During the year, 29.23 km of project length was completed. Utratia-Mohanlalganj (8.6 km),

Mohanlalganj-Kankaha (7.8 km), Kankaha- Nigoha (6.92 km) & Nigoha-Sriraj Nagar (5.91 km) were completed in April 2018.

3.4.3.7 Bhimsen - Jhansi Doubling with RE:

During the year, Orai-Sarsoki (7.75 km) was completed in August 2018.

3.4.3.8 Abu Road-Sarotra Road - Patch doubling (23.12 km): During the year, Abu Road - Maval (9.51 km) was completed in March 2019, thus completing the project.

3.4.3.9 Swarupganj-Abu Road - Patch doubling (25.36 km): During the year, 10.90 km project length was completed. Kiverli - Bhimana (7.84 km) was completed in November 2018 and Morthala-Abu Road (3.06 km) was completed in March 2019, thus completing the project

3.4.3.10 Vijaywada-Gudivada- Bhimavaram- Narasapur, Gudivada-Machlipatnam and Bhimavaram-Nidadavolu (221 km) - Doubling with electrification: During the year, 41.90 km project length was completed. Pedana- Machilipatnam (10.40 km) was completed in September 2018. Kaikaluru-Akividu (16.97 km) & Moturu-Mandavalli (14.53 km) were completed in March 2019.

3.4.3.11 Khodri-Anuppur, with flyover at Bilaspur (61.6 km): During the year, 13.70 km of project length was completed. Khodri- Sarbahara (6.3 km) was completed in October 2018 and Sarbahara- Pendra Road (7.40 km) was completed in November 2018, thus completing the project.

3.4.3.12 Budni-Itarsi 3rd line: During the year, Powarkhera-Hoshangabad-Budni (16.87 km) was completed in November 2018, thus completing the project.

3.4.4. Sections completed under Pure Railway Electrification Works:

During the year, 500 km of Railway Electrification was completed, details are given below:

Raipur-Titlagarh (203 rkm) RE {Part of Vizianagaram - Rayagada - Titlagarh - Raipur (465 rkm)}: During the year, 89 km of project length was completed. Belsonda-Mahasamund (8km) was completed in August 2018, Mahasamund-Arand (9km) was completed in September 2018, Arand-Bhimkhoj (12 km) was completed in October 2018, Bhimkhoj- Bagbahra (12 km) was completed in November 2018, Bagbahra-Komakhan- Khariar (15 km) was completed in December 2018, Khariar- Lakhna (25 km) was completed in January 2019 and Belsonda-Arandmehandi (8 km) was completed in February 2019.

3.4.4.1 Chhapra - Ballia - Ghazipur - Varanasi - Allahabad RE (330 rkm): During the year, 137 km of project length was completed. Gyanpur Road-Jangiganj (38 km) was completed in April 2018, Handiakhas-Saidabad (8 km) & Ballia- Reoti (27 km)- total 35 km were completed in May 2018, Saidabad-Ramnathpur (10 km) & Reoti-Suraimanpur (10 km)- total 20 km were completed in June 2018, Suraimanpur- Bakulaha (8 km) and Kataka, Madhosing & Gyanpur Road Yards (4 km- total 12 km) were completed in July 2018, Bakulaha-Gautam Asthan-Chhapara (20 km) was completed in September 2018, Gyanpur Road-Jangiganj (5 km) was completed in October 2018, Jhusi- Allahabad City (7 km) was completed in November 2018, thus completing the project.

3.4.4.2 Utretia - Rae Bareli - Amethi - Janghai RE (214 rkm): During the year, 168 km of project length was completed. Utretia-Raebareli (46 km) was completed in April 2018, Pratapgarh- Janghai (73 km) was completed in May 2018, Raebareli-Rupamau (10 km) was completed in June 2018, Rupamau-Jais (12 km) was completed in July 2018, Chilbila-Jagesarganj (9 km) was completed in August 2018. Jais- Bani-Gauriganj (11 km) was completed in September 2018. Pratapgarh Yard (2 km) was completed in October 2018, Gauriganj- Talkhajpur (5 km) was completed in November 2018, thus completing the project.

3.4.4.3 Daund-Baramati (44 rkm): During the year, 44 km of project length was completed. Daund- Maladgaon (11 km) was completed in December 2018, Maladgaon- Kathpal (14 km ) was completed in January 2019 and Kathpal- Baramati (19 km) was completed in February 2019, thus completing the project.

3.4.4.4 Guntakal-Kalluru RE (40 rkm):

During the year, 22 km of project length was completed. Khadarpet-Venkatampalli (6 km) was completed in April 2018, Gulapayamu- Venkatpalli (8 km) was completed in July 2018, Venkatachalam-Khadarpet (8 km) was completed in August 2018, thus completing the project.

3.4.4.5 Obulavaripalli-Krishnapatnam (113 km): During the year, 40 km of project length was completed. Electrification of Obulavaripalli- Rapur (40 km) New Line section was completed in August 2018.

3.5 Workshop projects completed: During the year, 1 Workshop project was completed, the details of which is as under:

3.5.1 Aunrihar - DEMU Shed: Aunrihar -

DEMU Shed was completed in January 2019 and inaugurated by Honble MoSR on 29-012019.

3.6 Other projects completed: During the year, 1 project under Plan Head Track Renewal was completed, the details of which is as under:

3.6.1 Madar - Palanpur - Removing of PSR (Kms 589/1 to 590/1): Madar - Palanpur - Removing of PSR (Kms 589/1 to 590/) under North Western Railway was completed in March 2019.

3.7 Projects Fully Commissioned and Handed Over to Railways:

Out of 76 projects completed so far, 69 projects have been fully commissioned and handed over to Railways for operations and maintenance.

Muniiihdi demu Shed

The list of 60 projects commissioned till March 2018 is as under:

S. No. Railway Project Name Type of Project Length (km)
1 Central Railway (CR) 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 (ER) Gurup - Saktigarh Extn of 3rd Line Doubling 26
6 East Central Railway (ECR) Barauni - Tilrath Bypass Doubling Doubling 8.3
7 East Coast Railway (ECoR) 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 (NCR) Palwal - Bhuteswar 3rd Line Doubling 81
12 North Central Railway (NCR) Aligarh - Ghaziabad 3rd Line Doubling 106.1
13 North Western Railway (NWR) Bhagat Ki Kothi - Luni Doubling Doubling 30.3
14 North Western Railway Rani-Keshav Ganj Doubling Doubling 59.5
15 Southern Railway (SR) Attipattu - Korukkupet 3rd Line Doubling 18
16 Southern Railway Pattabiram - Tiruvallur 4th Line & Tiruval- lur - Arakkonam 3rd Line Doubling 41.89
17 Southern Railway Tiruvallur - Arakkonam 4th Line Doubling 28
18 Southern Railway Villipuram-Dindigul Doubling Doubling 273
19 Southern Railway Thanjavur-Ponmalai - Doubling Doubling 46.96
20 South Central Railway(SCR) Pullampet - Balapalle Ph I of Gooty - Reni- gunta Doubling Doubling 41
21 South Central Railway Krishnapatnam - Venkatachalam Doubling With RE Doubling 16.5
22 South Central Railway Gooty - Renigunta Patch Doubling Doubling 151
23 South Central Railway Raichur - Guntakal Doubling Doubling 81.0
24 South Eastern Railway (SER) Panskura - Kharagpur 3rd Line Doubling 45
25 South Eastern Railway Panskura - Haldia Ph 1 Doubling Doubling 14
26 South Eastern Railway Rajgoda - Tamluk (Jn. Cabin) Doubling Doubling 13.5
27 South Eastern Railway Tikiapara - Santragachi Doubling Doubling 5.6
28 South Eastern Railway Tamluk Jn. Cabin - Basulya Sutahata Doubling Doubling 24.23
29 South East Central Railway (SECR) Bilaspur - Urkura 3rd Line Doubling Doubling 105
30 South East Central Railway (SECR) Salka Road- Khongsara Patch Doubling Doubling 26
31 South Western Railway (SWR) Hospet - Guntakal Doubling Doubling 115
32 North Western Railway (NWR) Delhi - Rewari Gauge Conversion GC 94.2
33 North Western Railway Ajmer - Phulera - Ringus - Rewari Gauge Conversion GC 295
34 North Western Railway Bhildi - Samdari Gauge Conversion GC 223
35 Southern Railway (SR) Thanjavur - Villupuram Gauge Conversion GC 192
36 Southern Railway Cuddalore - Salem Gauge Conversion GC 193
37 South Western Railway (SWR) Arasikere-Hassan-Mangalore Gauge Conversion GC 230
38 Western Railway (WR) Bharuch - Samni - Dahej Gauge Conversion GC 62
39 Western Railway Gandhidham - Palanpur Gauge Conversion GC 301
40 East Coast Railway Daitari - Banspani New Line NL 155
41 Southern Railway (SR) Vallarpadam - Idapally New Line NL 9
42 Railway Electrification (RE) Tomka -Banspani - RE RE 144
43 Railway Electrification Kharagpur (Nimpura) - Bhubaneswar Including Branch Line of Talcher - Cuttack - Paradeep RE 581
44 Railway Electrification Bhubaneswar - Kottavalasa RE 417
45 Railway Electrification Reningunta - Guntakal RE RE 308
46 Railway Electrification Bharuch - Samni - Dahej RE RE 64
47 Railway Electrification Daund-Manmad Incl. Puntamba- Shirdi - RE RE 255
48 Railway Electrification Yelahanka - Dharmavaram - Gooty RE RE 306
49 Railway Electrification Manheru- Hisar (74 km) RE 74.0
50 Railway Electrification Jakhal - Hisar (79 km) RE 80.0
51 Eastern Railway (ER) Civil Engineering Works In Connection With Diesel Loco Component Factory, Dankuni WKSP
52 Eastern Railway Dankuni - Setting Up of Electric Loco Assembly And Ancillary Unit of CLW WKSP -
53 East Central Railway Barauni - 250 High Horse Power Loco Shed WKSP -
54 South Eastern Railway (SER) Setting Up of Diesel Multiple Unit (DMU) Manufacturing Factory at Sankrail / Haldia WKSP
55 DLW Varanasi - Augmentation of Production Capacity from 200 To 250 High HP Locos Per Year WKSP
56 South Central Railway (SCR) Workshop for Manufacture of Flat Bogies for LHB Design Coaches, Yadgir WKSP -
57 Eastern Railway (ER) Barddhaman Yard - 4-lane road over bridge in lieu of 2-lane road over bridge No. 213 ROB
58 Southern Railway Srirangam-Tiruchchirapalli Town - 4-lane road over bridge in lieu of 2- lane bridge No.380-A ROB
59 North Western Railway IOC Siding At Salawas (Deposit Work) Others 2.82
60 South Central Railway Secunderabad- Upgradation of facilities at Centralised Training Academy for Railway Accounts OSW

The list of 9 projects commissioned in 2018-19 is as under.

S. No. Railway Project Name Type of Project Length (km)
1. North Western Railway Karjoda - Palanpur Doubling Doubling 5.4
2. North Western Railway Rewari- Manheru Doubling Doubling 69.02
3. South Central Railway Guntur-Tenali - Doubling with electrification (24.38 km) Doubling 25
4. South East Central Railway Khodri-Anuppur, with flyover at Bilas- pur (61.6 km) Doubling 61.6
5. South Eastern Railway Goelkera-Monoharpur 3rd line (40 km) Doubling 27.5
6. Railway Electrification Chhapra-Ballia-Ghazipur-Varana- si-Allahabad (330 rkm) RE 330
7. Railway Electrification Guntakal-Kalluru (40 rkm) RE 40
8. North Eestern Railway Aunrihar - DEMU Shed WKSP -
9. North Western Railway Madar - Palanpur - Removing of PSR (Kms 589/1 to 590/1) TR -

3.8 Sections of Projects Commissioned and handed over to Railways in 2018-19:

In 2018-19, 1816,24 km sections were commissioned consisting of 93.7 km of New Line, 134.22 km of Gauge Conversion, 465.32 km of Doubling and 1122 km of Railway Electrification and handed over to Zonal Railways for operations, the details are given below:

S. No. Name of the Project Block Section Length (km) Total Length (km) Zonal Railway
New Line
1 Obulavaripalli-Krishnapattnam Obulavaripalli-Cherlopalle 21.66 80.16 SCR
(113 km) Venkatachalam Road-Vellikallu 58.5
2 Dallirajhara-Rowghat (90 km) Bhanupratapur- Keoti 8.2 8.2 SECR
3 MMTS Phase-II Telapur-Ramachandrapuram 5.34 5.34 SCR
Total 93.7 93.7
Gauge Conversion
1 Lucknow-Pilibhit via Sitapur, Aishbag-Sitapur 6.78 134.2 NER
Lakhimpur (262.76 km) 81.81
Sitapur-Lakhimpur 45.63
Total 134.2 134.2

 

S. No. Name of the Project Block Section Length (km)

Total Length (km)

Zonal Railway
Doubling
1 Daund-Gulbarga - Doubling Vakav-Madha (Mumbai) 7.2

28.98

CR &
(224.9 km) Madha-Wadsinge 7.68 SCR
Akalkot Road-Nagansur 5.12
Nagansur-Boroti 8.98
2 Sambalpur-Titlagarh (182 km) Barpali-Dunguripali 14.27

44.39

ECoR
Dunguripali-Khaliapali 12.77
Bolangir-Deogaon Road 17.35
3 Banspani-Daitari-Tomka-Jakhapura Naranpur-Basantpur 8.59

33.39

ECoR
(180 km) Chilikadhara-Sagadpeta 12.47
Basantpur-Sitabinj 12.33
4 Raipur-Titlagarh (203 km) Arand - Bhimkhoj - Bagbahara - Komakhan 32.76

32.76

ECoR
5 Utretia-Rae Bareli (65.6 km) Utraitia-Srirajnagar 29.27

29.27

NR
6 Bhimsen - Jhansi (206 km) with RE Jhansi-PTSC 23.64

50.69

NCR
Parauna-Ait-Bhua 27.05
7 Abu Road-Sarotra Road - Patch DL (23.12 km) Maval-Sri Amirgarh-Sarotra Road 13.61

13.61

NWR
8 Sarotra Road-Karjoda - Patch DL (23.59 km) Sarotra Road-Iqbalgarh-Jethi 13.59

13.59

NWR
9 Karjoda-Palanpur Karjoda - Palanpur 5.93 5.93

NWR

10 Rewari-Manheru (69.02 km) with RE Jharli-Manheru 28.03 28.03

NWR

11 Guntur-Tenali - DL with RE (24.38 km) Guntur-Vejendla- Sangamjagarlamudi-Tenali 25.47 25.47

SCR

12 Goelkera-Manoharpur 3rd line Goelkera-Pasoita 17.37 17.37

SER

13 Salka Road-Anuppur Doubling Khodri-Sarbahara 6.3 13.7

SECR

Doubling Sarbahara- Pendra Road 7.4
14 Hospet-Hubli-Londa-Tinaighat- Devarayi - Shivathan 8.07 53.39

SWR

Vasco da Gama (352.28 km) Koppal-Ginigera-Munirabad- 22.75
Hosapete 4.98
Annigeri-Hulkoti-Binakadkatti 17.59
15 Bhopal-Bina - 3rd line (143 km) Bhopal-Nishatpur 2.12 2.12

WCR

16 Bina - Kota Doubling with RE Baran-Chhajawa - Piplod - Atru - Salpura 41.9 41.9

WCR

17 Itarsi-Budni - 3rd line (25.090 km) Itarsi-Powarkhera-Budni 16.85 16.85

WCR

18 MMTS Phase-II Bolarum-Medchal 13.88 13.88

SCR

465.32 465.32

 

S. No. Name of the Project Block Section Length (km) Total Length (km) Zonal Railway
Plan Head-Railway Electrification
1 Amla - Chhindwara - Kalumna (257 rkm) Itwari-Kelod 48.02 48.02 CORE
2 Raipur-Titlagarh (203 rkm) {Part of Vizianagaram - Rayagada - Turekela-Khariar 52.79 127.11 CORE
Titlagarh - Raipur (465 rkm)} Khariar-Lakholi 74.33
3 Guntakal - Bellary - Hospet incl. Tornagallu - Ranjitpura Branch Line (138 rkm) GTL(West)-Bellary 79.61 79.61 CORE
4 Rani-Palanpur 166 rkm {Part of Delhi Sarai Rohilla - Rewari - Palanpur - Ahmedabad, incl. Kalol -Gandhinagar- Khodiyar and Alwar- Bandikui- Jaipur- Phulera (1087km)} Palanpur-Mawal 39.08 39.08 CORE
5 Jakhal-Dhuri-Ludhiana (123 km) Dhuri-Ludhiana 59.4 59.4 CORE
6 Rajpura - Dhuri - Lehra Mohabat (151 km) Rajpura-Patiala 23.1 23.1 CORE
7 Chhapra-Ballia-Ghazipur-Varanasi- Sarnath-Varanasi 7.69 192.65 CORE
Allahabad (330 rkm) Chhapara-Ballia 62.43
BSB-ALD 122.53
8 Utretia - Rae Bareli - Amethi - Janghai-Gauriganj 99.13 182.89 CORE
Janghai (214 rkm) Gauriganj-Srirajnagar 83.76
9 Guntakal-Kalluru (40 rkm) Guntakal (Excl)-Kalluru (excl) 37.77 37.77 CORE
10 Guna-Gwalior (227 rkm) Guna-Badarwas 47 47 CORE
11 Villupuram-Cuddalore Port- Mayiladuturai-Thanjavur & Mayiladuturai-Thiruvarur (228 rkm) Villupuram-Cuddalore port 46.86 46.86 CORE
12 Daund-Baramati (44 rkm) Daund-Baramati 44 44 CORE
13 Rewari-Manheru (69.02 km) Doubling with RE Kosli-Manheru 42.51 42.51 NWR
14 Obulavaripalle-Krishnapattnam (113 km) New Line Obulavaripalle-Venkatachalam 88 88 SCR
15 Hyderabad-Secunderabad - Multi modal transport system (Phase-II) Ramchandra-Telapur 19.22 19.22 SCR
16 Haridaspur-Paradeep (82 km) New Line Haridaspu-Kendraparara 43.01 43.01 ECoR
Total 1122.1 1122.1

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 midsection level crossings and yard re-modelling. The company has executed 186 nos. of noninterlocking of stations for commissioning of works, which is the highest till date. During the year 2018-19, RVNL has commissioned 55 new Electronic Interlocking & 6 new panel interlocking & executed alterations in existing 22 Els and 04 existing panel interlocked stations, of 3rd line/ doubling projects, 99 stations of Railway Electrification project, 34 mid-section interlocking of level crossing gates and 36 IBS/Auto signals were commissioned. Company has also been able to successfully commission Telecom work involving laying of optical fibre cable and 6 quad cable of a total of 1200 km.

3.10 Projects under implementation:

There are 98 projects under various stages of implementation by RVNL.

3.10.1 The details of 83 projects assigned to RVNL till March 2018 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 ECR Patratu-Sonnagar 3rd Line Doubling
4 ECoR Sambalpur-Titlagarh (182 km) Doubling
5 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
6 ECoR Banspani-Daitari-Tomka-Jakhapura (180 km) Doubling
7 ECoR Vizianagaram-Sambhalpur (Titlagarh) 3rd line Doubling
8 NR New Delhi-Tilak Bridge - 5th & 6th line (2.65 km) Doubling
9 NR Utretia-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 NCR Bhimsen-Jhansi (206 km) with RE Doubling
13 NCR Mathura-Jhansi 3rd line Doubling
14 NER Varanasi-Madhosingh-Allahabad Doubling
15 NWR Sarotra Road-Karjoda - Patch doubling (23.59 km) Doubling
16 SR Madurai-Maniyachi-Tuticorin Doubling with RE (159 km) Doubling
17 SR Maniyachi - Nagarcoil Doubling with RE (102 km) Doubling
18 SCR Vijaywada-Gudivada- Bhimavaram-Narasapur, Gudivada-Machlipatnam and Bhimavaram-Nidadavolu (221 km) - Doubling with electrification Doubling
19 SCR Secunderabad (Falaknuma)-Mehbubnagar doubling Doubling
20 SCR Vijayawada-Gudur 3rd line Doubling
21 SER Kharagpur (Nimpura)-Adityapur 3rd line (132 km) Doubling
22 SWR Hospet-Hubli-Londa-Tinaighat-Vasco da Gama (352.28 km) Doubling
23 WR Palanpur-Samakhiali (274.73 km) Doubling
24 WCR Bina-Kota (282.66 km) with RE Doubling
25 WCR Barkhera-Habibganj - 3rd line (41.420 km) Doubling
26 WCR Budni-Barkhera - 3rd line (33 km) Doubling
27 NER Lucknow-Pilibhit via Sitapur, Lakhimpur (262.76 km) Gauge Conversion
28 WR Ahmedabad-Botad (170.48 km) Gauge Conversion
29 WR Dhasa-Jetalsar (104.44 km) Gauge Conversion
30 CR Dighi Port-Roha (33.76 km) New Line
31 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
32 ER Dankuni-Furfura Sharif NL {Part of Liluah-Dankuni - 3rd line (10.13 km) with extension to Furfura Sharif} New Line
33 ECoR Haridaspur-Paradeep (82 km) New Line
34 ECoR Angul-Sukinda Road (98.7 km) New Line
35 NR Rishikesh-Karnaprayag (125.09 km) New Line
36 NR Bhanupalli-Bilaspur-Beri (63.1 km) New Line
37 NER Mau-Ghazipur-Tarighat New Line New Line
38 SCR Obulavaripalle-Krishnapattnam (113 km) New Line
39 SECR Dallirajhara-Rowghat (90 km) {Part of Dallirajhara-Jagdalpur (235 km)} New Line
40 RE Raipur-Titlagarh (203 rkm) {Part of Vizianagaram - Rayagada - Titlagarh - Raipur (465 rkm)} RE
41 RE Jakhal - Dhuri - Ludhiana (123 km) RE
42 RE Rajpura - Dhuri - Lehra Mohabat (151 km) RE
43 RE Chhapra-Ballia-Ghazipur-Varanasi-Allahabad (330 rkm) RE
44 RE Raninagar Jalpaigudi-New Bongaigaon - Guwahati (Incl) RE (382 rkm) (Part of Barauni - Katihar - Guwahati Incl. Katihar - Barsoi ( 836 km) RE RE
45 RE Rani-Palanpur 166 rkm {Part of Delhi Sarai Rohilla - Rewari - Palanpur - Ahmedabad, incl. Kalol - Gandhinagar-Khodiyar and Alwar-Bandikui- Jaipur-Phulera (1087km)} RE
46 RE Guntakal - Bellary - Hospet incl. Tornagallu - Ranjitpura Branch Line (138 rkm) RE
47 RE Hospet - Hubli - Vasco da Gama (346 rkm) RE
48 RE Yalahanka-Penukonda (120.55 km)-Doubling RE
49 RE Wani- Pimpalkutti RE RE
50 RE Kasganj-Bareilly-Bhojipura-Daliganj RE RE
51 RE Villupuram-Cuddalore Port-Mayiladuturai- Thanjavur & Mayiladuturai- Thiruvarur RE RE
52 RE Chikjajur-Bellary RE RE
53 RE Bengaluru-Omalur Via Hosur RE RE
54 RE Guna-Gwalior RE RE
55 ECR Barauni - New Loco Shed to Home 100 Electric Locos WKSP
56 ECR Gaya-Setting up of New Memu Car Shed for Maintaining 30 Rakes of 16 Coaches WKSP
57 ECR Saidpur Bhitri- Setting up of Electric Loco Shed to home 200 Locos WKSP
58 ECoR Vadlapudi - Wagon Poh Workshop Of 200 Nos Capacity Near Duvvada Station WKSP
59 NCR Kanpur-Construction of Memu Car Shed WKSP
60 SCR Kazipet - Workshop for Wagon Periodical Overhauling WKSP
61 WCR Misrod-Setting up of Workshop for Repair /Rehabilitation of Motorized Bogies of Electric Rolling Stock WKSP
62 WR Vadodara - Setting up of New PoH Shop for Electrical Locos WKSP
63 ER Samudragarh-Nabadwipdham - Road over bridge in lieu of level crossing No.14 RSW
64 WR Dhasa-Jetalsar-Subways in lieu of Level Crossing-35 Nos. RSW
65 WR Sabarmati-Botad-Subways in lieu of Level Crossings-23 Nos. RSW
66 WR Sabarmati-Botad-Subways in lieu of Lcs- 14 Nos. RSW
67 NCR Paman-Bhimsen - New B-class station TFC
68 NCR Jhansi-Garhmau, Orai-Ata, Ata-Kalpi & Pokhrayan-Lalpur - Splitting of longer block sections TFC
69 SCR New Crossing Station Between Umdanagar-Timmarpur Stations of Secunderabad-Mahabubnagar Section TFC
70 SR Manamadurai-Rameswaram - Repl of Full Scherzer Lift Span (Bridge No. 346) (Pamban Viaduct) BRGW
71 NER Daraganj - Rebuilding (Bridge No.111 On Ganga) BRGW
72 SCR Moula Ali - Setting up of Indian Railway Institute of Finance Management TRG
73 NER Setting Up of Centralised Training Institute For IRSME & IRSS Officers at Lucknow TRG
74 SECR Direct Power Supply from Central Generating Agencies OEW
75 WCR Provision of Addl. Traction Substation at Budhni TRD
76 SCR Lallaguda (Carriage Workshop)- Replacement of 100 Year Old Administrative Building OSW
77 SCR Multi-Modal Transport System (MMTS) - Phase-II in Hyderabad MTP
78 SCR Ghatkesar-Raigir (Yadadri)-Extension of multi modal transportation system Phase-II MTP
79 MET Baranagar-Barrackpore & Dakshineswar - Construction of Metro Railway (14.5 km) MTP
80 MET Dum Dum Airport-New Garia via Rajerhat - Construction of Metro Railway (32 km) MTP
81 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} MTP
82 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
83 NR Final Location Survey For New Line Connectivity To Char Dham (327 km) FLS

3.10.2 The list of 15 projects assigned to RVNL in 2018-19 is as under:

S. No. Railway Name of Project Plan Head
1 CR Latur- Setting up of coach manufacturing factory WKSP
2 NER Bhatni - Aunrihar with electrification (125 km) (excl Indara - Mau (116.95 km)) DL
3 ER Ranaghat (EMU Car Shed)-Inspection bay for 15 coach maintenance facilities WKSP
4 ER Jheel Siding Coaching Depot- Infrastructure development WKSP
5 NCR Setting up of coach periodic overhauling and rehabilitation workshop at Jhansi WKSP
6 NR Setting up of coach periodic overhauling and rehabilitation workshop at Sonipat WKSP
7 NR Utretia-Raebareli-Amethi 2nd line RE RE
8 NR Raebareli-Unchahar RE including Dalmau-Daryapur Section (63 rkm/70 rkm) of NR RE
9 CR Yevatmal- Nanded (206 km) NL NL
10 WCR Indore-Jabalpur (342 km) NL sanctioned as Budhni-Indore (205 km) NL
11 NR Janghai-Phaphamau DL with RE (46.79 km) DL
12 NER Phephna-Indara, Mau-Shahganj (excl. Indara-Mau) (150.28 km) DL DL
13 SECR Work of shifting of Y curve siding at Lakhanpur area of MCL on deposit basis NL
14 NER Provision of Tower wagon POH shed at Dullahapur yard of NER, BSB Division WKSP
15 ECoR RE of Sambalpur-Titlagarh Doubling project (96.596 km) RE

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. Veraval-Talala-Visavadar GC (71.95 km)

v. New Bongaigaon-Agthori Via Rangia 2nd Line RE (143 rkm)

Total 733.5 km project length is yet to be sanctioned.

3.12 Kolkata Metro Projects:

3.12.1 Four major projects for extension of Kolkata Metro were transferred 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 RVNL was entrusted to build Metro corridors of about 62 km in Kolkata without any survey of underground utilities and without making any DPR (Detailed Project Report). DPR is a pre-requisite for planning of Metro corridors in urban areas. For constructing Metro corridors, that too in a congested and unplanned city requires a lot of meticulous planning for identification and removal of impediments. The ease of doing construction for infrastructure project is not there in West Bengal. The situation gets aggravated further when the corridor passes through the places which are occupied by encroachers, hawkers and law and order problems, etc. The land acquisition in Kolkata/West Bengal poses a big problem causing delayed construction of Metro corridors. RVNL has taken all possible action for implementation and early commissioning of Metro projects.

3.12.3 The foundation stone for Joka-BBD Bag project was laid by Her Excellency, President of India on 22.1.2010. Subsequently, 2 packages for viaduct and 2 packages for stations were awarded in December 2010 and April 2012 respectively. The 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 one. Due to delay in obtaining permission of Defence for construction of the Metro underground portion, no work has commenced in Mominpur to BBD Bag corridor. In fact for construction of Mominpur station, permission from Army HQ has been received on 19.4.2017. Initially, the entire corridor i.e. from Mominpur to BBD Bag was sanctioned as elevated and for execution of the underground portion, material modification has been submitted to Railways which is yet to be sanctioned by Ministry of Railways.

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. Construction of stations has also progressed well. 3 station structures have already been completed. Since this is a standalone system, a Maintenance Depot over a land of 24.48 hectares is a pre-requisite. Due to non-availability of land, the tender for the depot was discharged in February 2013. At present, land to the extent of 65% in Kolkata city has been acquired and detailed estimate for the depot has been sanctioned. Some of the following impediments like encroachments at Behala Bazar, Behala Chowrasta and Majerhat still exist. Another impediment namely, Rehabilitation India building has been dismantled and the piling work has been completed. For execution of work in front of the Mint, permission has been received from Ministry of Finance and subsequently site for about 300 m out of the total length of 400 m has been handed over by local Mint authority. The section can be commissioned only after Joka Depot land and 500 sqm at Majerhat Station land are made available.

3.12.5. The contracts for viaduct portion between New Garia to Rabindra Tirtha section of Dum Dum Airport-New Garia project in 4 packages have been awarded on 21.10.2011. Survey and geotechnical work have been completed. 5921 working piles, 748 pile caps, 736 piers, 646 pier caps and 5651 segments have been cast and 4055 segments have been launched. About 16 km viaduct has been completed. The contracts for 21 stations (3 packages) were awarded on 5.3.2014. 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, 4577 piles, 473 pile caps 668 piers have been cast. The project got delayed because of land acquisition problem at Garia. Change of alignment proposed by State Government where unauthorized buildings were constructed after the Gazette Notification and some other impediments were shifting of markets, traffic guard, road diversion, raising of 220 KV overhead line, removal of encroachments, etc. The alignment from City Centre-II to Airport is yet to be approved by State Government.

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 in 201920. Last phase of removal of encroachments was completed by the State Government on 14,02,2018 after persuasion of 7 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 noncompliance of provisions of tripartite MoU by the State Government, State Government vide letter dated 3,5,2018 has proposed for change of alignment i,e, through Kalyani Expressway, Ministry of Railways (CRB) has communicated to Chief Secretary, GoWB that under such situation, it will become a new project needing fresh sanction,

3.12.7 Despite having a lot of impediments, problems related to encroachments, delay in shifting of utilities by the State Government etc,, the work has progressed well as indicated below:

(i) 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,

(ii) New Garia-Kavi Subhash-Biman

Bandar: 16,75 km viaduct completed, 85% substructures, 72% piers have been completed, out of 21.56 km length, 85% substructures and 85% of columns and 45% Track slab have been completed for 20 stations,

(iii) Noapara-Baranagar-Dakshineswar:

1,613 km viaduct & embankment has been completed, 1,90 km Belgharia Expressway diversion work has been completed, Dakshineswar station work 90% and Baranagar station work 66% completed. Last leg of encroachments removed in February 2018,

3.13 Accidents

During 2018-19, 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” has been closed on 31,12,2011, A 2nd ADB Loan has also 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) have been signed on 16,3,2018, During 2018-19, an amount of 281,51 crore equivalent to $ 40.07 million has been disbursed by ADB.

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 2018-19 execution contracts worth द10931.92 crore were awarded and contracts worth द200 crore or more are listed below:

• Engineering, Procurement and Construction Contract (EPC) for Construction of 3rd Line between JIMIDI [ETA (incl.) - GOTLAM (incl.)] on East Coast Railway (774.00 crore)

• Provision of Doubling of track between Vanchi Maniyachchi to Nagercoil (Via

Tirunelveli) (102.49 km) - Construction of road bed, Minor bridges, Platforms, Buildings, Water and Effluent Treatment Wagon / Coaching maintenance infrastructure, Supply of ballast, Installation of track (excluding supply of rails and track sleepers), Electrical (General Electrification), Provision of OHE, Signalling and Telecommunication works in Madurai & Thiruvananthapuram divisions of Southern Railway, Tamil Nadu. (712.48 crore)

• Construction of roadbed, bridges, supply of ballast, installation of track (excluding supply of rails, and track sleepers), Electrical (General Electrification), Provision of OHE, Signalling and telecommunication works in connection with 3rd Line from Tori (excluding) 185.30 km to Patratu (including) 120.83 km (Total 64.47 km) in Dhanbad Division of East Central Railway, Jharkhand, India, Package-5 (634,91 crore)

• Package- 4 - "Construction of roadbed, bridges, supply of ballast, Installation of track (excluding supply of rails, and track sleepers), Electrical (General Electrification), Provision of OHE, Signalling and telecommunication works in connection with 3rd Line from Barwadih (excluding) 258.51 km to Tori (including) 185.30 km (Total 73.21 km) in Dhanbad Division of East Central Railway, Jharkhand, India”. (595.80 crore)

• Package- 3 - "Construction of roadbed, bridges, supply of ballast, Installation of track (excluding supply of rails, and track sleepers), Electrical (General Electrification), Provision of OHE, Signalling and telecommunication works in connection with 3rd Line from Garhwa Road (including) 319.04 km to Barwadih (including) 258.51 km (Total 60.53 km) in Dhanbad Division of East Central Railway, Jharkhand, India”, (561.69 crore)

• Construction of Formation, Bridges, Buildings, two level crossings on existing tracks, supply of ballast along with associated Signalling and General Electrical works in connection with construction of roadbed (except Tunnels) for electrified 3rd BG railway line between Barkhera (Excluding) and Budni (Excluding) stations (26.5KMs) on Bhopal-Itarsi Section in Bhopal Division of West Central Railway in Madhya Pradesh State, India,” (540.66 crore)

• Package 2 (RBD-2) - Construction of Roadbed, minor bridges, supply of baallast, installation of track (excluding supply of rails, PSC sleeprs & Thick web switches), Electrical (Railway Electrification and General Electrification), Signaling and Telecommunication works for Doubling of Track between Kakrala Halt (Excluding) and Hadiaya (Including) from 57.50 km to 115.64 km in Ambala Division of Northern Railway, Punjab, India (443.23 crore)

• Construction of PEB sheds, structures, buildings, water supply arrangement, drainage, sewerage, road works, track works, power supply and general electrical works, telecommunication works and supply, installation and commissioning of machinery and plant in connection with setting up of Rail Coach Naveenikaran Karkhana at Sonipat, Haryana (India) (431.42 crore)

• Railway Electrification of Dalliganj-Mallani- Bareilly-Kasganj Section (401 RKM/510 TKM) - 25 KV OHE works, Traction, substations, General Electrification, Civil Engineering works (including service buildings, quarters and track works, Signaling and Telecommunication works in Lucknow and Izzatnagar Division on NorthEastern Railway, Uttar Pradesh, India (424.84 crore)

• Package- 2 - "Construction of roadbed, bridges, supply of ballast, Installation of track (excluding supply of rails, and track sleepers), Electrical (General Electrification), Provision of OHE, Signalling and telecommunication works in connection with 3rd Line from Japla (excluding) 366.01 km to Garhwa Road (excluding) 319,04 km (Total 46,97 km) in Mughalsarai Division of East Central Railway, Jharkhand, India”, (409.51 crore)

• Package 1 (RBD-1) - Construction of Roadbed, minor bridges, supply of ballast, installation of track (excluding supply of rails, PSC sleepers & Thick web switches), Electrical (Railway Electrification and General Electrification), Signalling and Telecommunication works for Doubling of Track between Rajpura and Kakrala Halt (including) from 0,00 to 57,5 km in Ambala Division of Northern Railway, Punjab, India (401.99 crore)

• Package- 1 - "Construction of roadbed, bridges, supply of ballast, Installation of track (excluding supply of rails, and track sleepers), Electrical (General Electrification), Provision of OHE, Signalling and telecommunication works in connection with 3rd Line from Sonnagar (including) 411,83 km to Japla (including) 366,01 km (Total 45,82 km) in Mughalsarai Division of East Central Railway, Bihar & Jharkhand, India” (384.69 crore)

• Package 3 (RBD-3) - Construction of roadbed, minor bridges, supply of ballast, installation of track (excluding supply of rails, PSC sleepers & Thick web switches), Electrical (Railway Electrification and General Electrification), Signaling and

Telecommunication works for Doubling of Track between Hadiaya (Excluding) and Bathhinda from 115.64 km to 172.64 km in Ambala Division of Northern Railway, Punjab, India (384.03 crore)

• Construction of Roadbed, Viaduct, Major & Minor Bridges, RUBs, ROBs, Track Linking (excluding supply of Rails and Main Line sleepers) and General Electrical works at both the approaches of Rail cum road Bridge at Ghazipur (18.8 km) in connection with Construction of New BG Line from Mau to Tarighat in Varanasi Division of N.E. Railway and Danapur Division of E.C. Railway in Uttar Pradesh, India 23 (a) Addendum and corrigendum dt. 03.08.2018 (362.16 crore)

• Balance Work for Construction of Roadbed, Major and Minor Bridges and Track Linking (excluding Supply of Rails and Main Line PSC Sleepers) Outdoor S&T Works, OHE, TSS & General Electrical Works in Connection with Doubling between Bhimsen Station (including) from 1334.400 km and Usargaon Station (Excluding) 1268.109 km on Jhansi Division of North Central Railway in Uttar Pradesh, India”. (347.39 crore)

• Design, Supply, Erection, Testing and Commissioning of 25 KV, 50 Hz single phase, Traction Over Head Equipments, Switching Stations, Traction sub stations, SCADA Signalling & Telecommunications works,General Electrical service works and Civil Engineering Works i.e. Service Buildings, Quarters, Tower Wagon sidings/ sheds, and other associated works between Villupuram - Cuddalore Port - Mayiladuturai - Thanjavur & Mayiladuturai - Thiruvarur Sections comprising of 228 RKM/286 TKM of Tiruchchirapalli Division, Southern Railway, Tamil Nadu (323.01 crore)

• Construction of PEB Sheds, Structures, Buildings, Water supply arrangement, Drainage, Sewerage, Road works, Rail Track works, Signalling & Telecommunication works, OHE and Power Supply arrangements, General electrical works and supply, Installation and Commissioning of Machinery and Plant in connection with setting up of Rail coach Factory at Latur, Maharashtra, India (322.51 crore)

• Construction of Major Bridges, Limited Height Subways in connection with doubling of track between Rajpura-Batinda from 0.00 km to 172.64 km in Ambala Division of Northern Railway, Punjab, India (308.41 crore)

• Package 1 Bhigvan-Solapur : Design, Supply, Erection, Testing & commissioning of 25 KV, 50HZ, Single Phase, Traction Overhead Equipment, Switching Stations and other associated works i.e. TSS at PAREWADI, KURDUWADI and MOHOL, associated Signalling & Telecommunication work, Civil Engineering work i.e. Service Buildings, quarters, sidings and electrical General Services works for Railway Electrification between Bhiogvan-Solapur Section etc. 160 RKM/385 TKM of solapur Division of Central Railway, in the State of Maharashtra, India (292.33 crore)

• Notification of Award for the work of: Design, Supply, Erection, Testing and Commissioning of 25 KV, 50 Hz single phase, Traction Over Head Equipment, Traction sub stations, Switching stations, SCADA and other associated Signalling & Telecommunication work, Civil engineering work i.e. Service Buildings, Quarters, Tower Car Sidings, sheds and electrical general services works for Railway Electrification of Baiyyappanahalli (excl.) - Omtur (excl.) single line section (195 RKM/220 TKM) of Bangalore Division of south Western Railway in the State of Karanataka & Tamilnadu, India (223.90 crore)

• Package 2 Design, Supply, Erection, Testing and Commissioning of 25 KV, 50 Hz single phase, Traction Over Head Equipments, Traction Sub Stations, Switching Stations and other associated works, associated Signalling & Telecommunications work, Civil Engineering work i.e. Service Buildings, quarters, siding and Electrical General Services works or Railway Electrification of Hubballi (including) - Tinaighat (including) double line sections and Alnavar (excluding) - Ambewadi (including) single line section (284 TKM) of Hubli Division of South Western Railway, in the State of Karnataka, India (218.73 crore)

• Package 2 Solapur-Gulbarga : Design, Supply, Erection, Testing & commissioning of 25 KV, 50HZ, Single Phase, Traction Overhead Equipment, Switching Stations and other associated works i.e. TSS at HOTGI, and Gaudgaon, associated Signalling & Telecommunication works, Civil Engineering work i.e. Service Buildings, quarters, sidings and Electrical General works for Railway Electrification between Solapur - GULbArGA Section etc. 113 RKM/261 TKM of Solapur Division of Central Railway, in the State of Maharashtra & Karnataka, India (209.39 crore)

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. 8179.23 crore out of which द2396.59 crore is equity and द5782.64 crore is debt. RVNL itself has invested a total of द963.26 crore as equity among these 6 SPVs, which is approximately 11.77% of their Gross total investment (refer to table below).

Name of SPVs

RVNLs Equity

Partners Equity

Total Equity ( Crore) Debt Total Ratio of Equity Ratio of Debt
Crore %age Crore %age Crore Crore Crore % %
Kutch Railway Co Ltd.(KRC) (301 km)* 125.00 50.00% 125.00 50.00% 250.00 300.00 550.00 45.55% 54.55%
Bharuch Dahej Railway Co. Ltd. (63 km) 55.00 35.46% 100.11 64.54% 155.11 230.00 385.11 40.28% 59.72%
Krishnapatnam Railway Co. Ltd. (113 km) 311.00 49.76% 314.00 50.24% 625.00 1083.00 1708.00 36.59% 63.41%
Haridaspur Paradip Railway Co.Ltd. (82 km) 287.80 39.01% 449.99 60.99% 737.79 1861.64 2599.43 28.38% 71.62%
Angul Sukinda Railway Ltd.(102 km) 189.00 31.50% 411.00 68.50% 600.00 1600.00 2200.00 27.27% 72.73%
Dighi Roha Rail Limited (34 Km)* 0.05 50.00% 0.05 50.00% 0.10 0.00 0.10 100.00% 0.00%
Total 967.85 40.87% 1400.15 59.13% 2368.00 5074.64 7442.64 31.82% 68.18%
Total Investment 7442.64
RVNLs contribution 967.85

$: Equity contribution of RVNL is 100 Cr. but on 15.11.2011, Company issued bonus shares of द25 Cr. to RVNL and द25 Cr to other shareholders, hence total equity is Rs. 250 Cr. द125 Cr. of RVNL and द125 Cr. of others *: Debt for DRRL was estimated to be द708.15.

Kutch Railway Company Limited (KRC)

Length 301.0 Km
Project Type Gauge Conversion of Palanpur - Gandhidham section
Division, Railway Ahmedabad, Western Railway
Traffic Catchment Area Ports of Deendayal Port Trust and Mundra in Gujarat
Equity Participants Rail Vikas Nigam Limited-50% Deendayal Port Trust (previously Kandla Port Trust) - 26% Govt. of Gujarat-4% Adani Port & SEZ Ltd -20%.
Commercial Operations Date (COD) July 2006
Turn Over 2018-19 (provisional) 731.5 Crore (Increase from द694.52 crore in 2017-18)
* The name of Kandla Port Trust is changed to Deendayal Port Trust

Current Development

a. The Company is undertaking the doubling of Samakhiali - Palanpur section (248 km) to cater to the anticipated increase in traffic flows from Mundra and Deendayal ports. The project is executed by RVNL.

Cost: द1548.66 Crore: sanctioned by Ministry of Railways Source: Internal accruals of KRC

Progress: Contracts awarded for Packages -I, II, III, IV and major bridges.

b. Physical Progress: 45.00% and Financial Progress: 66.37%

b) Krishnapatnam Railway Company Limited (KRCL)

Length 113 Km
Project Type New line: Obulavaripalle to Krishnapatnam Port
Division, Railway Vijayawada, South Central Railway
Traffic Catchment Area Krishnapatnam Port in Andhra Pradesh
Equity Participants Rail Vikas Nigam Limited- 49.76%
Sagarmala Development Co. Ltd.- 20.00%
Krishnapatnam Port- 12.96%
National Mineral Development Corporation Ltd.- 6.40%
Govt. of Andhra Pradesh- 5.60%
Bramhani Industries Ltd.- 5.28%.
Commercial Operations Date a. Venkatachalem - Nidiguntapalem - 01.10.2008
(COD) b. Nidiguntapalem - Krishnapatnam - 28.02.2009
c. Doubling of 21 km line from VKT to KAPT - 02.03.2014
d. Venkatachalem to Obulavaripalli (94 km) - 03.07.2019
Turn Over 2018-19 (provisional) 132 Crore (Increase from द70.85 crore in 2017-18)

Current Development:

a. Ballast, Linking of Track, OHE work and S&T work in progress and in final stage between obvp to vrjn.

b. Physical Progress: 98.00% and Financial Progress:98.00%

c. Angul Sukinda Railway Limited (ASRL)

Length 104 Km with Y connection
Project Type New line:Angul to Sukinda
Division, Railway Khurda Division, East Coast Railway
Traffic Catchment Area Traffic to and from Dhamra & Paradip Ports in Odisha
Equity Participants Rail Vikas Nigam Limited-31.50%
Container Corporation of India-26.00%.
Govt. of Odisha-21.30%
Odisha Mining Corporation -10.50%
Jindal Steel Power Limited -10%
Odisha Industrial Infrastructure Development Corporation-0.70%
Commercial Operations Date (COD) Still under construction

Current Development:

Land acquisition:

(i) Private land:

a. 1199.081 Acres (69 Villages) of private land which has been acquired.

b. Additional land acquisition proposal for private land for an area of 23.412 Acres submitted to LAOs.

c. 2nd additional land acquisition proposal for private land for an area of 33.665 submitted to LAOs. The proposal for direct purchase of private land is under progress.

ii) Government land (219.145 acres):

a. Alienations of 132.025 acres sanctioned.

b. Physical possession received for 40.305 acres.

(iii) Forest Land (350.566 acres):

a. In principle Stage-1 & II clearance has been received from MOEF in Oct, 2017.

b. Tree felling works has been completed over the entire forest land.

(iv) Physical Progress: 47.00% and Financial Progress: 64.82%

d. Haridaspur Paradip Railway Company Limited (HPRCL)

Length 82 Km
Project Type New line: Haridaspur to Paradip Port
Division, Railway Khurda Division, East Coast Railway
Traffic Catchment Area Paradip Port in Odisha
Equity Participants Rail Vikas Nigam Limited 39.01%
Govt. of Odisha 24.91%
Odisha Mining Corporation 12.59%
Paradip Port Trust 11.70%
Essel Mining & Industries Ltd 4.07%
Rungta Mines Ltd 4.07%
Mundra Steel Power Limited 2.03%
Jindal Steel Power Limited 0.68%
Steel Authority of India Limited 0.68%
Odisha Industrial Infrastructure Development Corporation, (Govt. of Odisha 0.26%
Commercial Operations Date (COD) Still under construction
Length 82 Km
Project Type New line: Haridaspur to Paradip Port
Division, Railway Khurda Division, East Coast Railway
Traffic Catchment Area Paradip Port in Odisha
Equity Participants Rail Vikas Nigam Limited 39.01%
Govt. of Odisha 24.91%
Odisha Mining Corporation 12.59%
Paradip Port Trust 11.70%
Essel Mining & Industries Ltd 4.07%
Rungta Mines Ltd 4.07%
Mundra Steel Power Limited 2.03%
Jindal Steel Power Limited 0.68%
Steel Authority of India Limited 0.68%
Odisha Industrial Infrastructure Development Corporation, (Govt. of Odisha 0.26%
Commercial Operations Date (COD) Still under construction

Current Development:

a. Haridaspur-Lalitgiri (25.03 km) completed in Dec-18,

b. Lalitgiri-Bajipara-Kendrapara (17.98 km) completed in March-19. Physical Progress: 76.21% and Financial Progress: 84.55% respectively, e) Bharuch Dahej Railway Company Limited (BDRCL)

Length 62 Km
Project Type Gauge Conversion
Division, Railway Vadodara, Western Railway
Traffic Catchment Area Dahej Port in South Gujarat
Equity Participants Rail Vikas Nigam Limited 35.46%
Gujarat Maritime Board 11.51%
Gujarat Industrial Development Corporation 11.51%
Adani Petronet (Dahej) Port Private Limited 11.17%
Gujarat Narmada Valley Fertilizer Company 8.72%
Hindalco Industries Limited 8.72%
Dahej SEZ Limited 6.45%
Jindal Rail Infrastructure Limited 6.45%
Commercial Operations Date (COD) March 2012

f) Dighi Roha Rail Limited (DRRL)

Length 34 Km
Project Type New line: Roha to Dighi Port
Division, Railway Mumbai Division, Central Railway
Traffic Catchment Area Traffic to and from Dighi Port in Maharashtra
Equity Participants Rail Vikas Nigam Limited-26%
Dighi Port Limited-52%
Maharashtra Maritime Board-11%.
Sagarmala Development Company-11%
Commercial Operations Date (COD) Process of land acquisition initiated

Current Development:

a. The Companys Authorized Capital is 78.69 orore.

b. Till date paid up equity is द10 lakh. RVNL and M/s DPL have paid द5 lakh eaoh.

o. Ministry of shipping has conveyed in principle approval (dated 18.10.20l6) to take 11% equity in Dighi Roha Rail Limited from Sagarmala Development Company. d. 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

5.1. RVNL considers its employees as its most valuable assets in the Company. HR policies are meticulously orafted taking into aooount the short-term and long-term manpower requirements of the organization. As RVNL is mandated to execute only Railway projects for and on behalf of Ministry of Railways, persons with requisite technical expertise and knowledge of railway construction are required for smooth and timely completion of rail projects assigned to RVNL. The manpower requirement of RVNL is predominantly met by souroing Railway employees on deputation basis. As on 31.3.2019, the manpower strength of the Company stood at 545, out of which 158 were regular employees of RVNL.

5.2 The primary foous of the organisation has been to have not only a lean and thin cadre of highly motivated, skilled and experienced manpower but also to retain this scarcely available resources by creating a conducive work environment. It has attractive and employee-friendly policies to boost the morale and motivate the employees to perform to the best of their abilities. Output per employee rose to द18.45 crores during the year 2018-19. The perks/perquisites being paid to the employees are reviewed periodically to enhance the efficiency and for adoption of latest technology tools for faster and effective communication between Corporate Office and employees working in the Project Implementation Units and for proper monitoring of the projects. Skill Development of the employees has been given special attention through in-house and external training programmes relevant to their functional area so that the employees are able to adapt to the changing technology and business needs and discharge their roles as a strategic business partner contributing in the growth of organisation. In all 89 employees in Senior Management, Middle Management and Lower Management levels were deputed for 249 mandays to attend various seminars/ training programmes in Project Management, Contract Management, Railway Electrification, Finance Management, etc.

5.3 RVNL celebrated its 16th Annual Day on 6th April, 2019 which was graced by the Honble Minister of Railways. RVNL recognized the meritorious services and performance of the individual employees and the team through Individual, Group Awards and by presenting Shields and Cash Awards on the occasion of Annual Day celebrations. Besides awarding twenty-six meritorious individual employees, shields were presented by Chairman Railway Board and Member Engineering, Railway Board to the following Project Implementation Units for their excellent performance: -

S.N. Description of Award Awarded to
1 Best Workshop Project Aurnihar DEMU Shed
2 Best PIU in Signalling work PIU, Lucknow
3 Best PIU in RE Project PIU Varanasi
4 Most Difficult Project Goelkhera-Manoharpur Line Project
5 Special Project Budni-Itarsi Line Project
6 Maximum Expenditure Award PIU, Ahmedabad
7 Best PIU for Commissioning Projects PIU, Lucknow-I
8 Best Project RE Project (Utretia to Janghai) PIU RE-Lucknow
9 Best PIU (Runner(-up) PIU, Chennai-II
10 Best PIU-Winner PIU, Lucknow-I

5.4 RVNL has a well-established internal monitoring mechanism to ensure timely career progressions of the employees so that eligible candidates are promoted to the higher grades on time. An employee grievance portal is also in operation to promptly address to their grievances, if any.

5.5 Industrial Relations

Industrial relations remained cordial and harmonious throughout the year. As a welfare measure to the employees, free consultation services of Allopathic and Homeo Physicians are made available in the Corporate Office. As in the previous years, the employees in the Company observed ‘Swatch Bharat Abhiyan and ‘International Yoga Day.

5.6 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.

5.7 Right to Information Act:

The provisions of the Right to Information Act is followed meticulously in letter and spirit and timely responses are given to all queries. The Company has nominated Appellate Authority, Central Public Information Officer and Asstt. Public Information Officer at the Corporate Office and Asstt. Public Information Officer for each PIU. During the year 2018-19, 49 applications were received and disposed off on time.

5.8 Rajbhasha (Official Language)

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 Up-Mukhya Rajbhasha Adhikari and a regular Senior Manager (Rajbhasha). 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, drafting, Hindi Shabd Gyan and Quiz Competition was organised on the occasion of Hindi Divas Pakhwara in the month of September, 2018. Cash awards of द53,200/- were distributed to 77 successful participants. The Company has also set up a reading room- cum-library in the Corporate Office with a good collection of books, newspapers and periodicals in Hindi. During 2018-19, 4 meetings of the Rajabhasha Implementation Committee of RVNL were held with the representatives of Rajbhasha Directorate of Railway Board.

5.9 Presidential Directives:

Government of India, Ministry of Finance vide its letter No. F.No. 3/2/2017 - DIPAM-V(pt.) dated 27/3/2018 has conveyed its decision of disinvestment of its 12.16% (253457280 equity shares) of its shareholding by way of Initial Public Offering in April 2019 and the Company was listed with BSE Ltd. & NSE of India Ltd. on 11.04.2019.

6. Vigilance

The Vigilance Department in RVNL is headed by a Chief Vigilance Officer (CVO), one GGM/ Vigilance (Part time), two Sr. DGM/Vigilance and one DGM/Vigilance. On superannuation of the then CVO, GGM/Corporate Cordination officer was given additional charge (from February 2018 to October 2018) of CVO till joining of new CVO. Vigilance Department of RVNL is committed in its endeavour for strengthening transparency and accountability in the Company.

Inspections in brief:

During 2018-19, 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. Vigilance Department of RVNL also facilitated an intensive examination of a doubling project (Sarotra Road-Palanpur) by the Chief Technical Examiner of CVC in September, 2018.

System Improvements:

System improvements effected during 2018-19 due to preventive vigilance are as follows:

• Based on Vigilances recommendation, the Management advised the field units to ensure effective implementation of the instructions regarding use of rock spoils in the field.

• During an examination, it was observed that bills were paid mostly when the value of work done was less than the stipulated threshold value and no justification was recorded bringing out the special circumstances. Based on the Vigilance recommendation, the Management reiterated instructions that field units should ensure that proper justification is recorded bringing out the very special circumstances necessitating such payment and prior approval of Competent Authority is obtained before releasing the amount.

• Based on vigilance recommendations, instructions were issued by the Management to all the field units to ensure that manual installation is permitted only for those specific minimum segments where mechanized installation is not feasible.

• During examination of a work, it was observed that guidelines regarding proper maintenance of records, pagination of documents and merger of part files etc. were not found complied. Violation of good practices during housekeeping led to high retrieval time for records. In view of these observations, on the advice of RVNL Vigilance, Management issued the instructions to ensure proper implementations of guidelines as contained in Central Vigilance Commissions CTEO Manual dated 15.01.2002.

• Instructions were issued by RVNL Corporate Office clarifying the provisions for conducting Permeability Test for concrete (Addendum/ Corrigendum Slip No. 25 dated 22.10.2018 to RVNLs specifications for Materials and Works).

• Based on the advice of RVNL Vigilance, instructions were issued to all the field units by RVNL Corporate Office to ensure strict compliance of the extant law/guidelines regarding cutting of tress during execution of projects, obtaining approval of relevant authorities, proper estimation of number of trees to be cut and to keep proper records in this regard.

• RVNL Corporate Office has reiterated the instructions to all the PIUs for ensuring proper marking on cubes for cube tests by engraving on the cubes or through permanent marking with proper details,

• During investigation of a case by RVNL Vigilance, it came to the notice that an RVNL employee participated in Management of a Residential Welfare Society as an office bearer without prior approval of competent authority, Based on the advice of RVNL Vigilance, HR Department brought the concerned rules in this regard to the notice of all and advised all RVNL employees to follow the extant rules on the subject scrupulously,

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, six complaints were taken up for investigation, Preventive Checks were also conducted with specific focus on payment of bills and some HR related issues. Vigilance has suggested/ recommended remedial measures in the wake of the investigations to prevent incurrence of similar lapses,

Disciplinary Action

During the year 2018-19, Administrative Action was taken against three officials. Out of these three cases, in two cases recommendations were received from Zonal Railways and were pertaining to the execution of work on the respective Zonal Railway, In one case, Administrative action was taken against an official who had irregularly drawn Dearness Relief on pension, Further, in a vigilance case relating to investigation done by a Zonal Railway, CVCs first stage advice for initiation of Major Penalty proceedings against an officer was received through Railway Board Vigilance as the officer resigned from Railway service and has taken absorption in RVNL, The case has been sent to Railway Board for referring the same to CVC for their reconsideration to close the case on technical ground as well as on merit as the case has been found time- barred and no merit has been found on the basis of evidence available, Final position in the matter is awaited,

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 monthly, quarterly and annual reports, The progress of Vigilance work from October, 2017 to March, 2018 and from April, 2018 to September, 2018 was also reviewed by the Board of Directors,

Vigilance Awareness Week

‘Vigilance Awareness Week-2018 was celebrated by Rail Vikas Nigam Limited (RVNL) at the Corporate Office and its field units across the country from 29th October 2018 to 3rd November 2018, This year Central Vigilance Commission has adopted the theme as "Eradicate Corruption-Build a New India”, In order to generate more awareness, the posters on the theme were displayed at all access points of the building and prominent locations of all RVNL offices. Besides this, banners were also displayed at the offices and in the schools, colleges etc,, where various activities were held to generate awareness among people, RVNL Corporate office and some of its field units organized seminars/workshops where discussions were held on various vigilance related issues to sensitize the employees, RVNL officials and other employees in field units were encouraged to adopt transparency, good conduct and ethical values.

The officials and staff of RVNL in Corporate Office as well as in all its Project Implementation Units (PIUs) were administered Integrity Pledge on 29.10.2018. The employees were also informed about the E- pledge link available on the CVC website,

RVNL organized an on-line painting competition where paintings on relevant theme were drawn by the students of Art Colleges & schools and 68 paintings were received, A debate competition was also organized in Hindu College (Delhi University) on this occasion in which students from other colleges also participated, A Nukkad Natak, highlighting the importance of ethical values in life and ill effects of corruption was organized by RVNL Corporate Office in the premises of August Kranti Bhawan. Other activities e.g. essay/slogan writing competition, quiz, poem, poster making/drawing competition, debate/discussion, lecture etc. were organized in 23 schools and 5 colleges by RVNL field units where about 6750 students participated.

RVNL releases a Vigilance Bulletin every year on this occasion. 13th edition of the Vigilance Bulletin was released during Vigilance Awareness Week with informative write-ups on the subject.

7. MEMORANDUM OF UNDERSTANDING

The Company secured a rating of "Excellent” by Department of Public Enterprises for the year 2017-18 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 eighth consecutive year for which the Company has been rated as "Excellent”.

In 2018-19, the Company has been able to achieve the targets set in the MoU and even surpassed them. RVNL completed New Line of 129.19 km, Gauge Conversion of 106.92 km and Doubling of 263.83 km, totalling to 499.94 km (124.98%) against a target of 400 km (100%) for "Excellent” under "Completion of milestone of clients orders/ agreements without time overrun” and 87.10 km against a target of 78 km under "Other sector specific result-oriented measurable parameter”. Under "Capacity Utilization” parameter, completion of 500 km Railway Electrification was achieved against a target of 400 km for "Excellent” and Guntur-Tenali - Doubling with electrification (24.38 km) under South Central Railway was completed on 25-07-2018 ahead of schedule. The Company was also able to meet the targets for all financial, enterprise specific, sectors specific parameters set in the MoU for 201819. Accordingly, the Company is expecting to achieve an "Excellent” rating for 2018-19 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 is conscious of the limited nature of conventional sources and the importance of using our energy resources wisely. Initiatives taken to create awareness on conservation of energy among employees has resulted in a steady reduction in energy consumption at Corporate Office. In addition, various state of the art systems has been installed and environment friendly technology has been adopted in the Corporate Office building.

Environment friendly equipments like solar heaters, solar lights etc are being installed in project offices of the Company.

8.2 Foreign Exchange Earnings and Outgo

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

(दin crores)
Particulars 2018-19 2017-18
Foreign Exchange on foreign travel of Companys officials 0.58 1.07
Project Management Consultancy -- 0.79

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 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 as members. 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.

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.

e. Shortage of Funds

f. Rates in SBOQ in some schedules specially Electrical and S&T are not as per market conditions leading to difficulty in acceptance of tenders

g. With increasing workload of RVNL and non releasing of competent officers for Zonal Railway, risk of inadequate manpower with RVNL as well as PMCs is increasing which may affect progress of projects leading to delays and quality 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 and the same has started working in South Central Railway on pilot basis.

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, as it may become bottleneck in commissioning of the section.

Provision for submission of additional Bank Guarantee 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.

Evaluation of Qualification Criteria for S&T and OHE has been relaxed to develop more contractors.

Railway Board has been requested to allot more funds to RVNL.

Revision of standard bill of Quantities to take into account the market rates and requirement of new items considering changes in technology has been done and issued on 18.12.2018.

The pay packages of contract employees have been improved to make it more attractive to aspirants and to retain talented and experienced staff. Provisions of bidding document of PMC and construction contracts revised to make them suitable to the requirements of industry.

Risk Reporting & Monitoring is done as per the Enterprise Risk Management - plan approved by Board of Directors.

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; and

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 requirments of the Companies Act, 2013 and DPE Guidelines.The details with respects to composition, CSR Policy and CSR activities undertaken by the Company during FY 201819 are placed as Annexure C to thisreport.

11. COMPLIANCE OF PROVISIONS OF COMPANIES ACT, 2013

All the provisions of the Companies Act, 2013 and the Rules made thereunder, SEBi(LODR) Regulations, 2015 to the extent 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 Public Procurement Policy for Micro and Small Enterprises (MSEs) Order, 2012 with effect from 1st April, 2012 and 20% 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.

Your Company 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, have been incorporated in the tender documents for procurement of stores and obtaining services, etc.

The Annual Procurement Plan for purchases in 2018-19 was made available on the Companys website for information of MSEs to encourage their participation in the procurement of goods and services.

In 2018-19 RVNL procured goods and services amounting to a total of द13.36 crore. Out of this, the total value of goods and services purchased from MSEs (including MSEs owned by SC/ST enterpreneurs) was to the tune of द4.17 crore i.e 31.21% of the total procurement. Thus, RVNL has complied with the Public Procurement Policy related to Micro and Small Enterprises.

14. RESEARCH AND DEVELOPMENT

Implementation of an Integrated IT Solution for RVNL

New processes for GST policy have been developed and implemented in the IT ERP solution, to make RVNL GST compliant and to provide GST reversal benefit to the organisation. A pilot of Online Measurement Book was successfully completed at select Project Units; the system is now set to be rolled out to all project units of RVNL. Employee performance appraisal is now 100% online for both Permanent employees as well as Deputation employees. A brand new modernised corporate website was launched. The website caters to general public as well as vendors and job candidates and an internal portal for employees which provides internal business features.

A dedicated Project Drawing Approval Monitoring System was launched to expedite approvals of project drawings among RVNL and different Railway units.

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 of the Company for that period;

c. the Directors have taken proper and sufficient 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 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; and

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. During the financial year 201819, ten (10) meetings of the Board of Directors were held for transacting various businesses.

As on the date of this report, the strength of the Board of the Company comprises of thirteen (13) Directors, out of which four (4) are whole-time Directors (including Chairman and Managing Director), two (2) are Government Nominees from Administrative Ministry i,e, Ministry of Railways (MoR) as (Parttime) (official) Directors and seven (7) are Independent Directors (including one woman Director), One (1) Position of Director (Finance) is still vacant, The composition of the Board is in compliance with Regulation 17 of SEBI (LODR) Regulations, 2015.

The Ministry of Railways (MoR), Government of India vide its order no. 2009/PL/50/13/Pt. dated 11th July, 2019 has appointed Major General (Retd.) Cyrus A Pithawalla as a Non-Official Independent Director on the Board of Rail Vikas Nigam Limited for a period of three years or until further orders, whichever is earlier,

Further, Ministry of Railway vide its order no, 2009/PL/48/1/Pt.3 dated 11th July, 2019 has also re-appointed Mr, Shiv Kumar Gupta and Mr, Vinayak Bhalachandra Karanjikar as a Non-Official Independent Directors w.e.f. 1st April, 2019 on the Board of Rail Vikas Nigam Limited for a period of one year or until further order whichever is earlier,

Furthermore, Ministry of Railway vide its Order No.2018/E(O)II/40/9 dated 11th June, 2019 has appointed Mr, Vinay Singh, Executive Director, RVNL to the post of Director (Projects), RVNL for a period of five years from the date of assumption of charge of the post on or after 01,08,2019 or till the date of his superannuation or until further orders, whichever is the earlier,

The following directors are holding office upto the date of this report:

S. No. Name & DIN of Directors Designation Date of Appointment
1, Mr. Pradeep Gaur* (07243986) Chairman & Managing Director from 01.09.2018 onwards
2, Mr. Vijay Anand (01874842) Director (Projects) from 9.4.2011 onwards [upto 31.07.2019]
3, Mr. Vinay Singh** (03324677) Director (Projects) From 01.08.2019 onwards
4, Mr. Arun Kumar (02486535) Director (Operations) from 10.10.2017 onwards
5, Mr. Ajay Kumar*** (08249293) Director (Personnel) from 24.10.2018 onwards
6, Mr. A. P. Dwivedi (07122333) Government Nominee Director from 23.03.2018 onwards
7, Mr. Hari Mohan Gupta**** (08453476) Government Nominee Director from 17.05.2019 onwards
8, Mr. Rajen Habib Khwaja (00101884) Independent Director from 13.10.2017 onwards
9. Mrs. Sabita Pradhan (07977780) Independent Director from 17.10.2017 onwards
10. Dr. L. V. Muralikrishna Reddy (03316871) Independent Director from 15.03.2018 onwards
11. Dr. Anil Kumar (00961397) Independent Director from 21.05.2018 onwards
12. Major General (Retd.) Cyrus A Pithawalla (06507764) Independent Director from 11.07.2019 onwards
13. Mr. Shiv Kumar Gupta (07391077) Independent Director from 01.04.2019 onwards
14. Mr. Vinayak Bhalachandra Karanjikar (06518026) Independent Director from 01.04.2019 onwards

*Mr, Pradeep Gaur was appointed as Chairman & Managing Director vice Mr, S. C. Agnihotri on 01.09.2018

** Mr. Vinay Singh was appointed as Director (Projects) vice Mr. Vijay Anand w.e.f 01.08.2019

***Mr. Ajay Kumar was appointed as Director (Personnel) vice Mrs. Gita Mishra on 24.10.2018

**** Mr. Hari Mohan Gupta was appointed as Govt. Nominee Director vice Mr. S. C. Jain on 17.05.2019

The Company has received declarations from the Independent Directors confirming that they meet the criteria of independence as prescribed under the Companies Act, 2013.

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. Your Company has Mrs. Sabita Pradhan as Part-time (Non-official) Director on the Board of the Company since October 2017.

Appointment/Resignations of Key Managerial Personnels

Apart from Chairman and Managing Director and Whole-time Directors, the following persons are also the Key Management Personnel of your Company in compliance with the provisions of section 2 (51) of Companies Act, 2013, SEBI (ICDR) Regulations and IND AS-24.

1. Mr. A.K. Choudhary, (Chief Financial Officer)

2. Mrs. Kalpana Dubey, (Company Secretary & Compliance Officer).

Changes (Appointment/Cessation) in Key Management Personnels (KMP) during the year.

Name Designation Date of change Reasons
Mr. S.C. Agnihotri Chairman and Managing Director 31st August, 2018 Retirement
Mr. Pradeep Gaur Chairman and Managing Director 1st September, 2018 Appointed and Designated as KMP
Mrs. Gita Mishra Director (Personnel) 12th October, 2018 Retirement
Mr. Ajay Kumar Director (Personnel) 24th October, 2018 Appointed and Designated as KMP

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)(p) with respect to Annual evaluation by the Board of its own performance and that of its Committees and Individual Directors. In case of RVNL, the performance evaluation of Directors is done by the Ministry of Railways.

Number of Meetings of the Board

Pursuant to the Companies Act, 2013 and Rules framed there under, ten (10) Board Meetings were held in the F.Y.2018-19. The details of the Meetings are in the Corporate Governance Report forming part of this report.

Audit Committee

The Audit Committee has been re-constituted on 15th May, 2019 as per Regulation 18 of SEBI (LODR) Regulations, 2015 with the following members:

S. No. Name Category of Director Chairman/Member
1. Mr. Rajen Habib Khwaja Independent Director Chairman
2. Mr. Arun Kumar Director (Operations) Member
3. Dr. L.V.M. Reddy Independent Director Member
4. Dr. Anil Kumar Independent Director Member
5. Mrs. Sabita Pradhan Independent Director Member

* CFO is a permanent invitee to the meetings of the committee and Company Secretary acts as Secretary to the Committee. All recommendations made by the Audit Committee were accepted by the Board.

17. AUDITORS Statutory Auditor

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, 2019. The Board would like to thank them for their valuable support and guidance during the audit of accounts under review.

Secretarial Auditor

The Board of Directors has appointed M/s Akhil Rohtagi & Co. (Practising Company Secretaries) to conduct the Secretarial Audit for financial year 2018-19. The Secretarial Audit Report is annexed and forms part of this Annual Report in Annexure D.

The Secretarial Auditors in their report have observed that the Company has not been registered under the Shops & Establishment Act. Thereafter, the Company has sought registration under Shops & Establishment Act., in the month of July 2019.

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

The Comptroller & Auditor General of India has undertaken supplementary audit on the accounts of the Company for the year ended 31st March, 2019 under Section 139(5) of the Companies Act, 2013. The comments of the C & AG on the Annual Accounts of the Company for the year ended 31st March, 2019 forms part of this report.

19. ACKNOWLEDGEMENTS

At the outset, the Company would also like to place on record and express their appreciation of the special contribution of Mr, S. C. Agnihotri, Chairman & Managing Director and Mrs. Gita Mishra, Director (Personnel) who demitted office on 31st August, 2018 & 12th October, 2018 respectively. During their tenure as a Chairman & Managing Director and Director (Personnel) of your Company, they have made significant contribution in the growth & development of the Company. Company has benifitted immensely from their vast experience and knowledge.

We also take this opportunity to gratefully acknowledge the cooperation, guidance and support received from 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. The Directors would like to express their thanks for the devotion, commitment and dedication of each and every employee of the Company due to which your Company could face the new challenges and opportunities and create a niche for itself as a major provider of rail infrastructure in the Country. The Directors also place on record their appreciation to the officials of Comptroller & Auditor General of India for their guidance during the year under review. 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)
Place: New Delhi Chairman & Managing Director
Date: 27.07.2019 DIN: 07243986