Rail Vikas Nigam Ltd Directors Report.

DIRECTORS REPORT

Dear Shareholders,

Your Directors are pleased to present the 15th Annual Report and Audited Financial Statements for the Financial Year ended 31st March, 2018 together with the reports of Statutory Auditors and Comptroller & Auditor General of Indiatheron. 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 subappendices form an integral part of this Directors’ Report and have been placed as Annexure "A", "B", "C", "D", "E"and "F" respectively.

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

The Corporate Governance Report highlights the Company’s 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 2017-18 (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 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.

The Corporate Social Responsibility (CSR) Report reflects RVNL’s plans, policy, budget, expenditure, evaluation process for projects and CSR activities undertaken during theyear.

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 PC. Jain & 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 with 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 atAnnexure"F".

1. FINANCIAL PERFORMANCE HIGHLIGHTS

The key highlights of the financial performance of

the company during F.Y. 2017-18 along with the corresponding performance in F.Y. 2016-17 are mentioned below (rounded to nearest Rupees/crore):

Particulars 2017-18 2016-17 % lncrease/(Decrease)
Turnover 7556.56 5919.62 27.65
Total Income 7781.36 6167.18 26.17
Operating Income 573.39 444.41 29.02
PBT(excluding other income, extraordinary and exceptional items) 377.65 269.27 40.25
Reserves & Surplus 1266.46 1001.77 26.42
Profit Before Tax 564.15 481.38 17.19
Profit After Tax 469.66 381.61 23.07
Net worth 3351.48 3083.38 8.70
Appropriations
Proposed Final Dividend 167.57 154.50 8.46

2. PHYSICAL PERFORMANCE

Your Directors are delighted to inform that the F.Y. 2017-18 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. 2017-18 was 885.5 km (315.2 km of Doubling, 17 km of New Line, 86.3 km of Gauge Conversion, 425 km of Railway Electrification) and 42.0km of Metropolitan Transport Project of project length have been physically completed.

Capital Structure

With an authorized share capital of the Company of Rs. 3000 crore, there has been no change in the Capital Structure of the Company, with the paid-up share capital of the Company remaining at Rs. 2085.02 crore. Ministry of Railways, Government of India holds the entire share capital of the Company.

Turnover

Your Company has achieved a highest ever turnover of Rs. 7556.56 crore in 2017-18 as compared to Rs. 5919.62 crore in 2016-17, i.e. an increase of 27.65%.

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 80.66% 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 Rs. 1356.35 crore during 2017-18 in comparison to Rs. 1025.29 crore in the previous year.

Profit

Profit Before Tax increased from Rs. 481.38 crore in 2016-17 to Rs. 564.15 crore in 2017-18. The major increase is on account of higher gross margin from

project execution from Rs. 269.27 crore in previous year to Rs. 377.65 crore in 2017-18. While there has been an increase in Dividend income from SPVs to Rs. 10.00 crore in comparison to Rs. 5.50 crore in previous year, the balance increase is on account of interest income.

Profit After Tax increased from Rs. 381.61 crore in F.Y. 2016-17 to Rs. 469.66 crore in F. Y. 2017-18 showing an increase of 23.07%.

Net Worth

The Net Worth of your Company has increased over the previous year on account of transfer of profits (after payment of Dividend) amounting to Rs. 268.66 crore and on account of OCI Rs. (0.56) Crore to Reserves and Surplus. Accordingly, the Net Worth of the Company has increased from Rs. 3083.38 crore at the end of previous year to Rs. 3351.48 crore at the end of the current year.

Reserves

After taking into account, payment of Interim Dividend of Rs. 154.50 crore (total dividend of Rs. 154.50 for F.Y. 2016-17) and Dividend Distribution Tax of Rs. 31.45 crore, the balance under Reserves & Surplus at the end of 2017-18 stands at Rs. 1266.46 crore in comparison to Rs. 1001.77 crore in 2016-17.

Dividend Interim Dividend

In FY 2017-18, the Board of Directors declared an Interim Dividend of Rs. 154.50 Crore in compliance with Guidelines on Capital Restructuring issued by the Department of Public Asset and Investment Management(DIPAM).

Final Dividend

As a result of the improved financial performance of the Company and in compliance of directions of the Ministry of Railways, and Capital restructuring guidelines issued by DIPAM, the Board of Directors

have recommended a Final Dividend of Rs. 13.07 crores. Therefore, the total Dividend payble for F. Y. 2017-18 amounts to Rs. 167.57 crores subject to the approval of shareholders in the ensuing Annual General Meeting of the Company. The cumulative Dividend paid to Ministry of Railways by RVNL upto F.Y. 2017-18 shall amount to Rs. 588 crore.

Fixed Deposits

No deposits from the public have been accepted by the Company during the year under review. Reimbursement of Expenditure RVNL received an amount of Rs. 5812.62 crore (approx..), for project expenditure during the current year, from Ministry of Railways (MoR) for execution of various works.

Loans from IRFC

During the year, an additional amount of Rs. 92.50 crore was received as borrowings from IRFC. With this, the total amount received from IRFC is Rs. 3281.43 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 Rs. 241.32 crore was paid to IRFC on this account, leaving an outstanding loan balance of Rs. 2037.95 crore.

CONSOLIDATED FINANCIAL STATEMENTS

In compliance with the requirements of Companies Act, 2013 the consolidated Financial Statements of RVNL have been prepared for the Financial Year 2017-18, which are presented in the Report. 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:

Item Figures as on 31.3.2018 Stand Alone Figures as on 31.3.2018 Consolidated
Turn Over 7556.56 7597.36
Other Income 224.80 224.93
Direct Expenses 6983.17 7023.97
Indirect Expenses 240.40 240.45
PBT 564.15 664.03*
PAT 469.66 569.52
Reserve & Surplus 1266.46 1839.00
Net Worth 3351.48 3924.02

* PBT includes Rs. 99.81 crore as proportionate share of RVNL in the profit/loss of Joint Ventures.

SUBSIDIARY, JOINT VENTURE AND ASSOCIATE COMPANIES

A report on the performance and financial position of subsidiary, associates and joint venture Company as per Companies Act, 2013 is provided in Note-51 to the Consolidated Financial Statements.

PROPOSED INTIAL PUBLIC OFFER (IPO):

Cabinet Committee on Economic Affairs (CCEA) approved the Disinvestment of Government of India shareholding in the Company in the month of April,2017. Thereafter, Department of Investment and Public Asset Management (DIPAM) appointed the Book Running Lead Managers (BRLMs), Legal advisors, Registrar to the issue and Ad-Agency.

In compliance with the SEBI (ICDR) Regulations, 2009 and Depositories Act, 1996, RVNL has signed agreements with both the Depositories (CDSL & NSDL). Further the physical shares held by President of India and its nominees were also dematerialized.

The Memorandum and Articles of Association of the Company were amended in accordance with the provisions of Companies Act, 2013 and SEBI (LODR) Regulations, 2015.

The Company filed the Draft Red Herring Prospectus (DRHP) with SEBI for seeking approval of listing (IPO) on 28.03.2018. SEBI approval was received on 17.05.2018 on the DRHP.

In-Principle approval for listing from Stock Exchanges was obtained from National Stock Exchange of India Limited (NSE) and BSE Limited on 20.04.2018 and 25.04.2018 respectively. Domestic and International Road Shows were conducted in the month of May and June,2018.

In High Level Committee (HLC) Meeting of officers constituted by DIPAM held on 11.06.2018, it was decided to reschedule the launch of RVNL IPO.

Operational Performance

3. Projects Execution

3.1 Physical Size of the Projects:

Since its establishment in 2003, Ministry of Railways has transferred 159 projects to RVNL for execution, which may be broadly classified under the following heads:

Doubling 67
Gauge Conversion 11
New Lines 12
MTP 06
Railway Electrification 28
Workshops 15
Others 20
Unsanctioned 05 (1 Doubling, 3 GC, 1 RE)

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

3.1.1 Details of Projects Where Progress is affected:

Factors affecting Progress of Projects No.of Projects Length (km) Cost ( Rs. crore)
(I) Projects adversely affected/held up due to land acquisition, forest clearance, law and order & other issues 10 459.80 24517.22
(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 5 0.00 397.8
(iv) Under Planning & Development 12 257.4 4191.38
Total 28+2 (partly) 743.34 34825.4

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 5 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, 37 Project Implementation Units (PIUs) have been established at 22 locations to execute projects in their geographical hinterland. They are located at

New Delhi, Mumbai, Kolkata (4 Units), Chennai, Secunderabad (2 Units), Bhubaneshwar (3 Units), Bhopal (3 Units), Jhansi, Kota, Jodhpur, Waltair (2 Units), Bengaluru, Pune, Raipur (3 Units), Lucknow (2 Units), Rishikesh, Ahmedabad (2 Units), Kanpur, Varanasi (2 Units), Mughalsarai, Chandigarh, Ambala & Guwahati. The PIUs are established and closed as per requirement.

3.2 Status of physical progress of projects The status of the 159 projects assigned to RVNL for execution is as under: -

Projects completed up to March 2018 : 65
Projects under implementation : 94
(includes 30 projects at Para 3.1.1)
Projects yet to be sanctioned : 05

3.2.1 RVNL has so far completed 65 projects.

The list of 57 projects fully completed up to March, 2017 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 - Sakfigarh Exfn of 3rd Line Doubling 26
6. East Central Railway (ECR) Barauni - Tilrath Bypass Doubling Doubling 8.3
7. East Coast Railway (ECoR) Talcher-Cutfack-Paradeep Doubling with 2nd Bridge on Rivers Birupa & Mahanadi Doubling 3
8. East Coast Railway Jakhapura- Haridaspur3rd 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. North Central Railway (NCR) Palwal - Bhuteswar 3rd Line oubling 81
12. North Central Railway Aligarh - Ghaziabad 3rd Line Doubling 106.1
13. North Western Railway (NWR) Bhagat Ki Kothi - Luni Doubling Doubling 30.3
14. North Western Railway Karjoda - Palanpur Doubling Doubling 5.4
15. North Western Railway Rewari- Manheru Doubling Doubling 69.02
16. North Western Railway Rani-Keshav Ganj Doubling Doubling 59.5
17. Southern Railway (SR) Attipattu - Korukkupet 3rd Line Doubling 18
18. Southern Railway Pattabiram - Tiruvallur 4th Line & Tiruvallur - Arakkonam 3rd Line Doubling 41.89
19. Southern Railway Tiruvallur - Arakkonam 4th Line Doubling 28
20. Southern Railway Villipuram-Dindigul Doubling Doubling 273
21. Southern Railway Thanjavur-Ponmalai - Doubling Doubling 46.96
22. South Central Railway (SCR) Pullampet - Balapalle Ph I of Gooty - Renigunta Doubling Doubling 41
23. South Central Railway Krishnapatnam - Venkatachalam Doubling with RE Doubling 16.5
24. South Central Railway Gooty - Renigunta Patch Doubling Doubling 151
25. South Eastern Railway (SER) Tikiapara - Santragachi Doubling Doubling 5.6
26. South Eastern Railway Panskura - Kharagpur 3rd Line Doubling 45
27. South Eastern Railway Panskura - Haldia Ph 1 Doubling Doubling 14
28. South Eastern Railway Rajgoda - Tamluk (Jn. Cabin) Doubling Doubling 13.5
29. South Eastern Railway Tamluk Jn. Cabin - Basulya Sutahata Doubling Doubling 24.23
30. South East Central Railway (SECR) Bilaspur - Urkura 3rd Line Doubling Doubling 105
31. South East Central Railway Salka Road- Khongsara Patch Doubling Doubling 26
32. South Western Railway (SWR) Hospet - Guntakal Doubling Doubling 115
33. North Western Railway (NWR) Delhi - Rewari Gauge Conversion GC 94.2
34. North Western Railway Ajmer - Phulera - Ringus - Rewari Gauge Conversion GC 295
35. North Western Railway Bhildi - Samdari Gauge Conversion GC 223
36. Southern Railway (SR) Thanjavur - Villupuram Gauge Conversion GC 192
37. Southern Railway Cuddalore - Salem Gauge Conversion GC 193
38. South Western Railway (SWR) Arasikere-Hassan-Mangalore Gauge Conversion GC 230
39. Western Railway (WR) Bharuch - Samni - Dahej Gauge Conversion GC 62
40. Western Railway Gandhidham - Palanpur Gauge Conversion GC 301
41. East Coast Railway (ECoR) Daifari - Banspani New Line NL 155
42. Southern Railway (SR) Vallarpadam - Idapally New Line NL 9
43. Railway Electrification (RE) Tomka -Banspani - RE RE 144
44. Railway Electrification Kharagpur (Nimpura) - Bhubaneswar Including Branch Line of Talcher - Cuttack - Paradeep RE 581
45. Railway Electrification Bhubaneswar - Koffavalasa RE 417
46. Railway Electrification Daund-Manmad Incl. Puntamba- Shirdi - RE RE 255
47. Railway Electrification Reningunta - Guntakal RE RE 308
48. Railway Electrification Yelahanka - Dharmavaram - Goofy RE RE 306
49. Railway Electrification Bharuch - Samni - Dahej RE RE 64
50. Railway Electrification Manheru- Hissar RE RE 74
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. South Eastern Railway (SER) Setting Up of Diesel Multiple Unit (DMU) Manufacturing Factory at Sankrail / Haldia WKSP -
54. DLW Varanasi - Augmentation of Production Capacity from 200 To 250 High HP Locos Per Year WKSP
55. South Central Railway (SCR) Workshop for Manufacture of Flat Bogies for LHB Design Coaches, Yadgir WKSP
56. Eastern Railway Barddhaman Yard - 4-lane road over bridge in lieu of 2-lane road over bridge No. 213 ROB
57. North Western Railway (NWR) IOC Siding At Salawas (Deposit Work) Others 2.82

The list of 8 projects completed in 2017-18 is as under:

S. No. Railway Project Name Type of Project Length (km)
1. East Coast Railway Khurda-Barang - 3rd line (35 km) Doubling 32.324
2. South Central Railway Raichur - Guntakal Doubling Doubling 81.0
3. South Eastern Railway Goelkera-Monoharpur 3rd line (40 km) Doubling 27.5
4. West Central Railway Bhopal-Bina - 3rd line (143 km) Doubling 144.3
5. Railway Electrification Jakhal - Hisar (79 km) RE 80.0
6. East Central Railway Barauni - 250 High Horse Power Loco Shed WKSP -
7. Southern Railway Srirangam-Tiruchchirapalli Town - 4-lane road over bridge in lieu of 2- lane bridge No.380-A ROB
8. South Central Railway Secunderabad- Upgradafion of facilities at Centralised Training Academy for Railway Accounts TRG

3.3 Total project length completed:

Cumulatively, RVNL has completed a total of 2668.52 km of doubling, 1676.30 km of gauge conversion, 230.82 km of new lines, 3262.07 km of pure Railway Electrification, 1909 km RE as part of NL/GC/DL and 42.0 km of Metropolitan Transport Project (MTP). Thus, as on 31.3.2018,7879.71 km project length out of a total length of 16043 km of 159 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 2017-18:

During 2017-18, 885.5 km (315.2 km of Doubling, 17 km of New Line, 86.3 km of Gauge Conversation, 425 km of Railway Electrification and 42.0 km of Metropolitan Transport Project)

of project length have been physically completed. In addition, Railway Electrification of 153.87 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, 17 km of New Line project was completed, the details are given below:

3.4.1.1 Dallirajhara-Rowghat New Line: During the year, Gudum-Bhanu Prafappur (17 km) was completed in December 2017.

3.4.2 Sections completed under Gauge Conversation Plan Head: During the year, 86.3 km of Gauge Conversation was completed, the details are given below:

3.4.2.1 Lucknow-Pilibhit Gauge Conversion:

During the year, Aishbab-Sifapur (86.3 km) was completed in November 2017.

3.4.3 Sections completed under Doubling Plan Head:

During the year, 315.2 km of Doubling was completed, the details are given below:

3.4.3.1 Daund - Gulbarga Doubling: During the year, 38.4 km of project length was completed, out

of which 29.42 km was completed against the MoU time line target of 27 km. During the year, Madha- Wadsinghe (7.68 km) was completed in April 2017, Akkalkof Road-Nagansur (5.15 km) in June 2017, Wadsinghe-Kurduwadi (8.11 km) in October 2017 and Dhavlas - Kern (8.48 km) in December 2017, totalling to 29.42 km under the time line target of MoU 2017-18. In addition, Nagansur-Borofi (8.98 km) was completed in July 2017.

3.4.3.2 Hospet-Tinaighat Doubling: During the year, 37.24 km of project length was completed, out of which 23.48 km was completed against the MoU time line target of 22 km. During the year, Ginigera-Munirabad (10.75 km) was completed in November 2017 and Munirabad-Hospef (5.93 km) & Devarayi-Nagargalli (6.8 km) in December 2017, totalling to 23.48 km under the time line target of MoU 2017-18. In addition, Gadag-Kanginhal (8.32 km) was completed in May 2017 and Nagargalli- Tavargatti (5.44 km) in January 2018.

3.4.3.3 Bina - Kota Doubling with RE: During the year, 51.5 km of project length was completed, out of which 25.42 km was completed against the MoU time line target of 24 km. During the year, Shadoragaon-Pilighafa (9.1 km) was completed in May 2017, Chandresal-Digod (8.16 km) and Shadoragoan - Rafikhera (8.16 km) in November 2017, totalling to 25.42 km under the time line target of MoU 2017-18. In addition, Kofa-Sogaria (2.71 km) was completed in June 2017, Bhulon- Motipura Chowki (9.78 km) in August 2017, Rafikheda-Ashok Nagar (7.73 km) in December 2017 and Digod - Kalyanpura (5.86 km) in February 2018.

3.4.3.4 Khurda-Barang - 3rd line: During the year, Mancheswar-Bhubaneswar (6.61 km) was completed in March 2018, thus completing the project.

3.4.3.5 Sambalpur-Titlagarh Doubling: During the year, Dungripalli-Khalliapalli (12.77 km) was completed in July 2017.

3.4.3.6 Banspani-Daitari-Tomka-Jakhapura Doubling: During the year, 20.97 km of project length was completed. Naranpur-Basantpur (9.02 km) was completed in December 2017 and Sitabinj-Basantpur (11.95 km) in March 2018.

3.4.3.7 Bhimsen - Jhansi Doubling with RE:

During the year, 29.44 km of project length was completed. Parauna-Aif (10.94 km) was completed in April 2017, PTSC-Chirgaon (6.83 km) in December 2017 and Bhua-Orai (11.67 km) in March 2018.

3.4.3.8 Swaroopganj-Abu Road-Patch doubling:

During the year, Kivarli-Morthala (5.87 km) was completed in November 2017.

3.4.3.9 Raichur-Guntakal Doubling: During the year, Manfhralayam Road-Matmari (10.15 km) was completed in May 2017, 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, Mandavalli- Kaikaluru (7.11 km) was completed in April 2017.

3.4.3.11 Goelkera-Monoharpur-3rd line: During the year, Goelkera-Posoita (15.9 km) was completed in March 2018, thus completing the project.

3.4.3.12 Raipur-Titlagarh Doubling: During the year, Bagbahara-Komaikhan (11.0 km) was completed in September 2017.

3.4.3.13 Palanpur-Samakhiali: During the year, 45.86 km of project length was completed. Bhildi- Jasali-Dhankawada-Deodhar (28.1 km) and Kidiyanagar-Chitrod-Shivlakha (17.76 km) were completed in February 2018.

3.4.3.14 Bhopal-Bina 3rd Line: During the year, Habibganj-Bhopal (5.93 km) was completed in March 2018, thus completing the project.

3.4.3.15 Habibganj-Barkhera (3rd line): During the year, Habibganj-Misrod (6.11 km) was

completed in March 2018.

3.4.3.16 Budni-ltarsi 3rd line: During the year, Itarsi-Powarkhera (10.30 km) was completed in March 2018.

3.4.4 Sections completed under Pure Railway Electrification Works:

During the year, 425 km of Railway Electrification was completed, details are given below:

3.4.4.1 Chhapra - Ballia - Ghazipur - Varanasi - Allahabad RE: During the year, 138 km of project length was completed. Raja Talab-Katla (25 km) was completed in April 2017, Katla-Madhosingh (9 km), Raja Talab-Haridatfapur (6 km) and Shahbajkuli-Yusufpur (15 km) in August 2017, Ghazipur City-Shahbajkuli (12 km) and Kadipur- Sarnath (8 km) in November 2017, Aunrihar- Rajwadi (11 km) and Yusufpur-Dondadih (9 km) in December 2017, Sagarpalli-Dondadih (28 km) and Kadipur-Sarnath (6 km) in February 2018 and Ballia-Jhusi (9 km) in March 2018.

3.4.4.2 Utraitia-Janghai RE: During the year, 46 km of project length was completed. Badshahpur- Dandupur (13 km) was completed in July 2017 and Janghai-Bashahpur&Gauriganj-Prifhiganj (33 km) in November 2017.

3.4.4.3 Jakhal-Hisar RE: During the year, 81 km of project length was completed. Hisar-Dhansu (20 km) was completed in May-17, Dhansu-Barwala (20 km) in June 2017, Barwala- Gujuwala (20 km) in September 2017, Gujuwla-Kudni Halt (16 km) in December 2017 and Kudni Halt- Jakhal (5 km) in February 2018.

3.4.4.4 Jakhal-Dhuri-Ludhiana RE: During the year, 53 km of project length was completed. Ludhiana-Ahmedgarh (26 km) was completed in December 2017 and Rohilla-Gallu-KUP (10 km), Kup-Malerkotla (10 km) & Malerkotla-Himfana (7 km) in March 2018.

3.4.4.5 Rani-Palanpur RE: During the year, 47 km of project length was completed. Palanpur-Sarotra

Road (24 km) was completed in April 2017, Sarotra Road-Maval (10 km) in May 2017, Maval-Amirgarh (5 km) in August 2017 and Abu Road-Maval (8 km) in December2017.

3.4.4.6 Guntakal-Kalluru RE: During the year, 18 km of project length was completed. Guntakal- Gulpalayamu (11 km) was completed in September 2017 and Kalluru-Khaderpet (7 km) in Feburary2018.

3.4.4.7 MMTS Phase -II RE: During the year, 42 km of project length was completed. Ramchandra- Telapur (6 km) was completed in May 2017, Malkagiri-Bolaram (14 km) in June17, Boalram- Gundala Pochampalli (10 km) in August 2017, Gundala Pochampalli-Medchal (5 km) in October 2017 and Cherelapally-Ghafkesar (7 km) in January 2018.

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

3.5.1 Barauni - 250 High Horse Power Loco Shed: Barauni - 250 High Horse Power Loco Shed was completed on 31.10.2017.

3.6 Other projects completed: During the year, 2 projects under Plan Head RSW & TRG were completed, the details of which areas under:

3.6.1 Srirangam-Tiruchchirapalli Town-4-lane road over bridge in lieu of 2- lane bridge No. 380-A: A 4-lane Road Over Bridge between Srirangam-Tiruchchirapalli Town was completed in

March 2018.

3.6.2 Secunderabad- Upgradation of facilities at Centralised Training Academy for Railway Accounts: Upgradation of facilities at Centralised Training Academy for Railway Accounts (C-TARA) was completed in March 2018.

3.7 Project Completed under MTP Plan Head:

To strengthen the MMTS Services in Twin cities of Hyderabad - Secunderabad, different works of extension, doubling, quadrupling, electrification etc., covering total 84 km has been sanctioned in 2012-13 at a cost of Rs. 816.55 crore, to be shared with the Government of Telangana at a ratio 1:2 (MoR:GoTS).

During the year, 42 km of Metropolitan Transport Project was completed, details are given below:

3.7.1 Hyderabad-Secunderabad - Multi modal transport system (Phase-ll): During the year, Telapur-Ramachandrapuram (5.25 km) was completed in January 2018, Bollarum-Medchal (12.35 km) and Moulali C-Ghafkesar (Quadrupling)- 24.4 km were completed in February 2018, thus completing 42 km of project length.

3.8 Projects Fully Commissioned and Handed Over to Railways:

Out of 65 projects completed so far, 60 projects have been fully commissioned and handed over to Railways for operations and maintenance.

The list of 49 projects commissioned fill March 2017 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. North Central Railway (NCR) Palwal - Bhuteswar 3rd Line Doubling 81
11. North Central Railway (NCR) Aligarh - Ghaziabad 3rd Line Doubling 106.1
12. North Western Railway (NWR) Bhagat Ki Kothi - Luni Doubling Doubling 30.3
13. Southern Railway (SR) Attipattu - Korukkupet 3rd Line Doubling 18
14. Southern Railway Pattabiram - Tiruvallur 4th Line & Tiruvallur - Arakkonam 3rd Line Doubling 41.89
15. Southern Railway Tiruvallur - Arakkonam 4th Line Doubling 28
16. South Central Railway(SCR) Pullampet - Balapalle Ph I of Goofy - Renigunta Doubling Doubling 41
17. South Central Railway Krishnapatnam - Venkatachalam Doubling With RE Doubling 16.5
18. South Central Railway Goofy - Renigunta Patch Doubling Doubling 151
19. South Eastern Railway (SER) Panskura - Kharagpur 3rd Line Doubling 45
20. South Eastern Railway Panskura - Haldia Ph 1 Doubling Doubling 14
21. South Eastern Railway Rajgoda-Tamluk (Jn. Cabin) Doubling Doubling 13.5
22. South Eastern Railway Tikiapara - Santragachi Doubling Doubling 5.6
23. South Eastern Railway Tamluk Jn. Cabin - Basulya Sutahata Doubling Doubling 24.23
24. South East Central Railway (SECR) Bilaspur - Urkura 3rd Line Doubling Doubling 105
25. South Western Railway (SWR) Hospet - Guntakal Doubling Doubling 115
26. North Western Railway (NWR) Delhi - Rewari Gauge Conversion GC 94.2
27. North Western Railway Ajmer - Phulera - Ringus - Rewari Gauge Conversion GC 295
28. North Western Railway Bhildi - Samdari Gauge Conversion GC 223
29. Southern Railway (SR) Thanjavur - Villupuram Gauge Conversion GC 192
30. Southern Railway Cuddalore-Salem Gauge Conversion GC 193
31. South Western Railway (SWR) Arasikere-Hassan-Mangalore Gauge Conversion GC 230
32. Western Railway (WR) Bharuch - Samni - Dahej Gauge Conversion GC 62
33. Western Railway Gandhidham - Palanpur Gauge Conversion GC 301
34. East Coast Railway Daifari - Banspani New Line NL 155
35. Southern Railway (SR) Vallarpadam - Idapally New Line NL 9
36. Railway Electrification (RE) Tomka -Banspani - RE RE 144
37. Railway Electrification Kharagpur (Nimpura) - Bhubaneswar Including Branch Line ofTalcher - Cuttack - Paradeep RE 581
38. Railway Electrification Bhubaneswar - Koffavalasa RE 417
39. Railway Electrification Reningunta - Guntakal RE RE 308
40. Railway Electrification Bharuch - Samni - Dahej RE RE 64
41. Railway Electrification Daund-Manmad Incl. Puntamba- Shirdi - RE RE 255
42. Railway Electrification Yelahanka - Dharmavaram - Goofy RE RE 306
43. Eastern Railway (ER) Civil Engineering Works In Connection With Diesel Loco Component Factory, Dankuni WKSP
44. Eastern Railway Dankuni - Setting Up of Electric Loco Assembly And Ancillary Unit of CLW WKSP -
45. South Eastern Railway (SER) Setting Up of Diesel Multiple Unit (DMU) Manufacturing Factory at Sankrail / Haldia WKSP
46. DLW Varanasi - Augmentation of Production Capacity from 200 To 250 HighHP Locos Per Year WKSP
47. South Central Railway (SCR) Workshop for Manufacture of Flat Bogies for LHB Design Coaches, Yadgir WKSP -
48. Eastern Railway (ER) Barddhaman Yard - 4-lane road over bridge in lieu of 2-lane road over bridge No. 213 ROB
49. NWR IOC Siding At Salawas (Deposit Work) Others 2.82

The list of 11 projects commissioned in 2017-18 is as under.

s. No. Railway Project Name Type of Project Length (km)
1. East Coast Railway Rajafgarh-Barang - 3rd line Doubling 31.3
2. North Western Railway Rani-Keshav Ganj Doubling Doubling 59.5
3. Southern Railway Villipuram-Dindigul Doubling Doubling 273
4. Southern Railway Thanjavur-Ponmalai - Doubling Doubling 46.96
5. South Central Railway Raichur - Guntakal Doubling Doubling 81.0
6. South East Central Railway Salka Road- Khongsara Patch Doubling Doubling 26
7. Railway Electrification Manheru- Hisar (74 km) RE 74.0
8. Railway Electrification Jakhal - Hisar (79 km) RE 80.0
9. East Central Railway Barauni - 250 High Horse Power Loco Shed WKSP -
10. Southern Railway Srirangam-Tiruchchirapalli Town - 4-lane road over bridge in lieu of 2 - lane bridge No.380-A ROB
11. South Central Railway Secunderabad- Upgradafion of facilities at Centralised Training Academy for Railway Accounts OSW

3.9 Sections of Projects Commissioned and handed over to Railways in 2017-18:

In 2017-18,1022 km sections were commissioned consisting of 17 km of New Line, 400.03 km of

Doubling and 604.97 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 (km) Zonal Railway
Plan Head: New Line
1. Dallirajhara-Rowghaf (90 km) {Part of Dallirajhara-Jagdalpur (235 km)} Gudum- Bhanupratapur 17 17 SECR
2. Daund-Gulbarga - Doubling (224.9 km) Tilati-Akalkot Road 13.88 13.88 CR
3. Khurda-Barang - 3rd line Bhubaneswar New - Mancheswar 6.63 6.63 ECoR
4. Rajatgarh-Barang Chudanga Garh Block Cabin - Bhubaneswar New 6.04 6.04 ECoR
5. Sambalpur-Titlagarh (182 km) Hirakud-Godbhaga 9.52 24.74 ECoR
Godbhaga-Attabira- Suktapalli 15.22
6. Banspani-Daitari-Tomka- Jakhapura (180 km) Projanpur-Goaldih- Keonjhar-Naranpur 25.83 57.92 ECoR
Sitabinj- Nilakantheswar- Harichandanpur- Chilikidara 32.09
7. Raipur-Titlagarh (203 km) Titlagarh-Kantabanji 31.67 49.67 ECoR
Arand-Mahasamund- Belsonda 18
8. Swaroopganj-Abu Road - Patch doubling (25.36 km) Swaroopganj - Bhimana 8.59 8.59 NWR
9. Rani-Keshav Ganj (59.5 km) Rani-Khimel-Mori Bera 40.16 40.16 NWR
10. Rewari-Manheru (69.02 km) with RE Kosli-Jharli 14.5 14.5 NWR
11. Villupuram-Dindigul Doubling Tamaraipadi- Kalpattichatram 25.44 68.46 SR
Kalpattichatram- Manaparai 22.47
Valadi-Ponmalai 17.71
Ponmalai- Tiruchchirappalli 2.84
12. Thanjavur-Ponmalai doubling GOC-Solgampatti 18 46.75 SR
Solgampatti-Thanjavur 28.75
13. Salka Road-Anuppur Tenganmada- Khongsara 8.30 8.30 SECR
14. Hospet-Hubli-Londa- Tinaighat-Vasco da Gama (352.28 km) Shivthan-Londa- Tinaigaht 16.45 45.25 SWR
Bhanapur-Koppal 12.23
Hebsur-Navalgund- Annigeri 16.57
15. Bhopal-Bina - 3rd line (143 km) Sanchi-Vidisha 9.14 9.14 WCR
Total: 400.03 400.03
Plan Head: Railway Electrification
16. Chhapra - Ballia - Ghazipur - Varanasi - Allahabad RE Ballia (in.)-Sarnath (in.) 131.3 131.3 NER
17. Pune-Wadi-Guntakal RE Gulbarga (Incl.)- Wadi (Excl.) 36.38 171.96 CR& SCR
Guntakal-Raichur- Chiksugur 135.58
18. Amla-Chindawara-Kalumna RE Parasia (Incl.)- Chhindwada (Excl.) 30 63.34 SECR
Chhindawada - Bhandarkund 33.34
19. Jakhal - Hisar (79 km) Jakhal - Hisar 79.86 79.86 NR
20. Manheru - Hissar (74 rkm) Manheru - Hissar 74 74 NWR
21. Rewari-Manheru (69.02 km) with RE Rewari-Manheru 27.2 27.2 NWR
22. Raipur-Titlagarh RE Titlagarh-Kantabanji- Turekela Road 44.62 44.62 ECOR
23. MMTS Phase-ll MMTS 12.69 12.69 SCR
Total: 604.97 604.97

3.10 Signalling and Telecommunication

The Company has achieved commendable success in commissioning of Signalling work associated with doubling, 3rd line, Intermediate block signalling, Railway Electrification, interlocking of mid-section Level crossings and yard re-modelling. The Company has executed 100 Nos. of noninterlocking of stations for commissioning of works, which is the highest till date. During 2017-18, RVNL has commissioned 56 new Electronic Interlocking & 3 new Panel Interlocking & executed alterations in existing 20 Els, and 21 existing panel interlocked stations. Project wise 60 stations

of 3rd line/ doubling projects, 25 stations of Railway Electrification projects, 30 Midsection Interlocking of level crossing gates and 15 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 520 km.

3.11 Projects under implementation:

There are 94 projects under various stages of implementation by RVNL.

3.11.1 The details of 84 projects assigned to RVNL till March 2017 and which are under implementation areas 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-Krishnanagarwith Krishnanagar- Shantipur Nabadwipghat- GC, Krishnanagar-Chartala, MM for Krishnanagar Chapra-NL, Naihati-Ranaghat-3rd line, Nabadwipghat-Nabadwipdham upto BB loop (9.58 km), Ranaghat-Lalgolastrengthening (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 Utraitia-Raebareli (65.6 km) Doubling
10. NR Raebareli-Amethi (60.1 km) Doubling
11. NCR Bhimsen-Jhansi (206 km) with RE Doubling
12. NCR Mathura-Jhansi 3rd line Doubling
13. NER Varanasi-Madhosingh-Allahabad Doubling
14. NWR Abu Road-Sarotra Road - Patch doubling (23.12 km) Doubling
15. NWR Sarotra Road-Karjoda - Patch doubling (23.59 km) Doubling
16. NWR Swaroopganj-Abu Road - Patch doubling (25.36 km) Doubling
17. SR Madurai-Maniyachi-Tuticorin Doubling with RE (159 km) Doubling
18. SR Maniyachi - Nagarcoil Doubling with RE (102 km) Doubling
19. SCR Guntur-Tenali - Doubling with electrification (24.38 km) Doubling
20. SCR Vijaywada-Gudivada- Bhimavaram-Narasapur, Gudivada- Machlipatnam and Bhimavaram-Nidadavolu (221 km) - Doubling with electrification Doubling
21. SCR Secunderabad (Falaknuma)-Mehbubnagar doubling Doubling
22. SCR Vijayawada-Gudur 3rd line Doubling
23. SECR Khodri-Anuppur, with flyover at Bilaspur (61.6 km) Doubling
24. SER Kharagpur (Nimpura)-Adifyapur3rd line (132 km) Doubling
25. SWR Hospef-Hubli-Londa-Tinaighat-Vasco da Gama (352.28 km) Doubling
26. WR Palanpur-Samakhiali (274.73 km) Doubling
27. WCR Bina-Kofa (282.66 km) with RE Doubling
28. WCR Barkhera-Habibganj - 3rd line (41.420 km) Doubling
29. WCR Budni-Barkhera - 3rd line (33 km) Doubling
30. WCR Itarsi-Budni - 3rd line (25.090 km) Doubling
31. NER Lucknow-Pilibhit via Sifapur, Lakhimpur (262.76 km) Gauge Conversion
32. WR Ahmedabad-Bofad (170.48 km) Gauge Conversion
33. WR Dhasa-Jefalsar (104.44 km) Gauge Conversion
34. CR Dighi Port-Roha (33.76 km) New Line
35. ECR Fafuah-lslampur incl. material modification for extension of new line from Neora to Daniawan; Daniawan to Biharsharif; Biharsharif to Barbigha; Barbigha to Sheikhpura New Line
36. ER Dankuni-Furfura Sharif NL {Part of Liluah-Dankuni - 3rd line (10.13 km) with extension to Furfura Sharif} New Line
37. ECoR Haridaspur-Paradeep (82 km) New Line
38. ECoR Angul-Sukinda Road (98.7 km) New Line
39. NR Rishikesh-Karnaprayag (125.09 km) New Line
40. NR Bhanupalli-Bilaspur-Beri (63.1 km) New Line
41. NER Mau-Ghazipur-Tarighat New Line New Line
42. SCR Obulavaripalle-Krishnapattnam (113 km) New Line
43. SECR Dallirajhara-Rowghat (90 km) {Part of Dallirajhara-Jagdalpur (235 km)} New Line
44. RE Raipur-Titlagarh (203 rkm) {Part ofVizianagaram - Rayagada - Titlagarh - Raipur (465 rkm)} RE
45. RE Jakhal - Dhuri - Ludhiana (123 km) RE
46. RE Rajpura - Dhuri - Lehra Mohabat (151 km) RE
47. RE Utraitia - Raebareli - Amethi - Janghai RE (214 rkm) RE
48. RE Chhapra-Ballia-Ghazipur-Varanasi-Allahabad (330 rkm) RE
49. RE RaninagarJalpaigudi-New Bongaigaon - Guwahati (Incl) RE (382 rkm) (Part of Barauni - Kafihar - Guwahati Incl. Katihar - Barsoi (836 km) RE RE
50. RE Rani-Palanpur 166 rkm {Part of Delhi Sarai Rohilla - Rewari - Palanpur - Ahmedabad, incl. Kalol - Gandhinagar-Khodiyar and Alwar-Bandikui-Jaipur-Phulera (1087km)} RE
51. RE Guntakal - Bellary - Hospet incl. Tornagallu - Ranjitpura Branch Line (138 rkm) RE
52. RE Guntakal-Kalluru (40 rkm) RE
53. RE Amla - Chhindwara - Kalumna (257 rkm) RE
54. RE Hospet - Hubli - Vasco da Gama (346 rkm) RE
55. RE Yalahanka-Penukonda (120.55 km)-Doubling RE
56. RE Wani- Pimpalkutti RE RE
57. RE Daund-Baramati RE RE
58. RE Kasganj-Bareilly-Bhojipura-Daliganj RE RE
59. RE Villupuram-Cuddalore Port-Mayiladuturai- Thanjavur & Mayiladuturai- Thiruvarur RE RE
60. RE Chikjajur-Bellary RE RE
61. RE Bengaluru-OmalurVia Hosur RE RE
62. RE Guna-Gwalior RE RE
63. ECR Barauni - New Loco Shed to Home 100 Electric Locos WKSP
64. ECR Gaya-Setting up of New Memu Car Shed for Maintaining 30 Rakes of 16 Coaches WKSP
65. ECoR Vadlapudi - Wagon Poh Workshop Of 200 Nos Capacity Near Duwada Station WKSP
66. NCR Kanpur-Consfrucfion of Memu Car Shed WKSP
67. NER Aunrihar - Demu Shed WKSP
68. SCR Kazipef - Workshop for Wagon Periodical Overhauling WKSP
69. WCR Misrod-Seffing up ofWorkshop for Repair/Rehabilifafion of Motorized Bogies of Electric Rolling Stock WKSP
70. WR Vadodara - Setting up of New PoH Shop for Electrical Locos WKSP
71. ER Samudragarh-Nabadwipdham - Road over bridge in lieu of level crossing No.14 RSW
72. NCR Paman-Bhimsen - New B-class station TFC
73. NCR Jhansi-Garhmau, Orai-Ata, Ata-Kalpi & Pokhrayan-Lalpur - Splitting of longer block sections TFC
74. NWR Madar - Palanpur - Removing of PSR (Kms 589/1 to 590/1) R
75. SR Manamadurai-Rameswaram - Repl of Full Scherzer Lift Span (Bridge No. 346) (Pamban Viaduct) BRGW
76. SCR Moula Ali - Setting up of Indian Railway Institute of Finance Management TRG
77. SECR Direct Power Supply from Central Generating Agencies OEW
78. WCR Provision of Addl. Traction Substation at Budhni TRD
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 Railwayvide 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-) MTP
83 SCR Multi-Modal Transport System (MMTS) - Phase-ll in Hyderabad MTP
84 SCR Ghatkesar-Raigir (Yadadri)-Extension of multi modal transportation system Phase-ll MTP

3.11.2 The list of 10 projects assigned to RVNL in 2017-18 is as under:

S. No , Railway Name of Project Plan Head
1. NR Rajpura-Bhafinda Doubling with Electrification (172.64 km) Doubling
2. ECR Saidpur Bhitri- Setting up of Electric Loco Shed to home 200 Locos WKSP
3. SCR Lallaguda (Carriage Workshop)- Replacement of 100 Year Old Administrative Building OSW
4. SCR New Crossing Station Between Umdanagar-Timmarpur Stations of Secunderabad-Mahabubnagar Section TFC
5. NR Final Location Survey For New Line Connectivity To Char Dham (327 km) FLS
6. WR Dhasa-Jefalsar-Subways in lieu of Level Crossing-35 Nos. RSW
7. WR Sabarmafi-Bofad-Subways in lieu of Level Crossings-23 Nos. RSW
8. WR Sabarmafi-Bofad-Subways in lieu of Lcs-14 Nos. RSW
9. NER Setting Up of Centralised Training Institute For IRSME & IRSS Officers at Lucknow TRG
10. NER Daraganj - Rebuilding (Bridge No.111 On Ganga) BRGW

3.11.3 The details of 8 projects returned to Railways in 2017-18 are as under:

S. No. Railway Name of Project Plan Head
1. RE Ghazipur - Aunrihar - Manduadih (78 rkm) RE
2. CR Augmentation of Administrative / Office Infrastructure, Solapur Division, Gulbarga OSW
3. RE Ballia-Ghazipur City RE RE
4. RE Guwahafi-Dibrugarh Via Tinsukia And Simaluguri-Dibrugarh RE RE
5. RE New Bongaigaon-Goalpara-Kamakhya RE RE
6. RE Raninagar Jalpaigudi-Samuktala Road 2nd Line RE
7. RE Gadag-Hofgi RE RE
8. RE Chikvanavar-Hubli RE RE

3.11.4 The details of 3 projects, which were earlier frozen and now have been deleted from Pink Book are as under:

1. NWR Phulera- Broad Gauge Diesel Locomotive Shed WKSP
2. SER Kharagpur Workshop - Setting up of centre of Excellence for Wagon Prototyping WKSP
3. SER Anara (Adra) Setting up of Mid-Life Rehabilitation Workshop for Coaches WKSP

3.12 Projects yet to be Sanctioned (included in Pink Book):

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

(ii) Khijadiya-VisavadarGC (91.27 km)

(iii) Junagarh-VisavadarGC (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.

3.13 Projects deleted from the list of Projects with RVNL:

The following projects which were assigned to RVNL but they are not appearing in Pink Book of Railways have been deleted from the list of projects in hand:

(I) Connectivity to Rewas Port

(ii) Surat - Hajira New Line (36.36 km)

(iii) Rail Connectivity to Vizhinjam International Seaport Limited (VISL) - 15km

3.14 Kolkata Metro Projects:

3.14.1 Four major projects for extension of Kolkata Metro were transferred to RVNL in March 2010viz.

• Joka-BBD Bag via Majerhaf (16.72 km)

• Dum Dum Airport-New Garia via Rajarhaf (32 km)

• Baranagar-Barrackpore & Dakshineswar (14.5 km)

• Noapara(Ex.)-Baranagar(2.6km)

3.14.2 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 prerequisite 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 Kolkafa/Wesf 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.

3.14.3 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 Majerhaf 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 Mominpurto 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 Mominpurto 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.

3.14.4 The Metro corridor from Joka to Majerhaf (Phase-I) has made substantial progress. In fact, right from Joka Depot to Tarafala (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 Kolkafa city has been acquired and detailed estimate for the depot has been sanctioned. Some of the following impediments like encroachments at Behala Bazar, Behala Chowrasfa and Majerhaf 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 Majerhaf Station land are made available.

3.14.5. The contracts for viaduct portion between New Garia to Rabindra Tirtha section of DumDum 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-ll to Airport is yet to be approved by State Government.

3.14.6 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 2019-20. Last phase of removal of encroachments was completed by the State Government on 14.02.2018after persuasion of 07 years. For Baranagar-Barrackpore Metro corridor, an MoU was signed between State Government, Metro Railway and RVNL in October 2011 where if was decided that RVNL shall continue the work of Metro viaduct construction on BT Road after commissioning of 64" pipeline under the BT Road with the closure of 60" and 42" diameter pipelines.

The work of new pipeline has been commissioned but RVNL has not been able to start the work due to non-compliance of provisions of tripartite MoU by the State Government. State Government vide letter dated 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.

3.14.7 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-Baranaqar-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.

3.15 Accidents

During 2017-18, no accident was reported from any of the project sites of RVNL.

3.16 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-Gulbargadoubling

• 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 MFFfor an amount of $ 150 million was signed in July 2012 and the loan agreement for second Tranche (Loan No. 3108- IND) of this MFFfor 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 2017-18, an amount of 230.18 crore equivalentto$ 35.90 million has been disbursed by ADB.

3.17 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 2017-18, contracts worth approximately Rs. 7853.35 crores were awarded.

The following major contracts were awarded by the

Company during the year:

• Package-3: Provision of Third line between Karavadi (Excl) and Krishna Canal Jn. (Incl.) stations (km: 300.00 - 425.00 = 125.00 km) - Construction of Road bed, Important, Major & Minor Bridges, RUBs, Platforms, Buildings, Supply of ballast, Supply and Installation of track (excluding supply of rails and track sleepers), Electrical (General Electrification), Provision of OHE, Signalling and Telecommunication works in Vijayawada Division of South Central Railway, Andhra Pradesh. ( Rs. 1016.47 crore)

• Package-2: Provision of Third line between Bitragunta (Excl) and Karavadi (Incl) stations (km: 211.225 to 300.000 = 88.775 km) - Construction of Road bed, Important, Major & Minor Bridges, RUBs, Platforms, Buildings, Supply of ballast, Supply and Installation of track (excluding supply of rails and track sleepers), Electrical (General Electrification), Provision of OHE, Signalling and Telecommunication works in Vijayawada Division of South Central Railway, Andhra Pradesh. ( Rs. 830.59 crore)

• Package-1: Provision of Third line between Gudur JN. (Incl.) to Bitragunta (Incl.) stations (134.00 to 211.225 = 77.225 km) - Construction of Road bed, Important, Major & Minor Bridges, RUBs, Platforms, Buildings, Supply of ballast, Supply and Installation of track (excluding supply of rails and track sleepers), Electrical (General Electrification), Provision of OHE, Signalling and Telecommunication works in Vijayawada Division of South Central Railway, Andhra Pradesh. ( Rs. 804.06 crore)

• Package 1 : Construction of Roadbed, Major (Except Important and Major Steel Girder) & Minor bridges, Track Linking (excluding supply of rails and main line PSC sleepers), Civil Engineering work, S&T work (Automatic Signalling and TPWS on MTJ-AJC and IBS on AGC-DHO section) including modification in MTJ RRI &TPWS on existing lines, OHE, TSS & General Electrical works in connection with 3rd Line between (km 1396.733) Mathura and (km 1289/0) Dholpur Station (Including) on Agra Division of North Central Railway in the States of Uttar Pradesh & Rajasthan, India ( Rs. 749.33 crore)

• Package 2: Construction of Roadbed, Major (Except Important and Major Steel Girder) &

Minor bridges, Track Linking (excluding supply of rails and main line PSC sleepers), Civil Engineering work, S&T work, OHE, TSS & General Electrical works in connection with 3rd Line between (km 1289/0) Dholpur (Excluding) and (km 1202/0) Antri Station (Including) on Jhansi Division of North Central Railway in the States of Madhya Pradesh & Rajasthan, India ( Rs. 640.53 crore)

• Package 3: Construction of Roadbed, Major (Except Important and Major Steel Girder) & Minor bridges, Track Linking (excluding supply of rails and main line PSC sleepers), Civil Engineering work, S&T work including modification in JHS RRI, OHE, TSS & General Electrical works in connection with 3rd Line between (km 1202/0) Antri (Excluding) and (km 1127.72) Jhansi Station (Including) on Jhansi Division of North Central Railway in the States of Uttar Pradesh & Madhya Pradesh ( Rs. 567.94 crore)

• Package 2: Construction of 3rd Line project between Chakulia (excluding) and Adityapur (including) - Construction of roadbed, bridges (excluding Br. No. 53 & Br. No. 25), supply of ballast, installation of track (excluding supply of rails, thick web switches & ordinary PSC sleepers), Electrical (Railway Electrification and General Electrification), Signalling and Telecommunication works in Kharagpur and Chakradharpur Divisions of South Eastern Railway, West Bengal and Jharkhand, India ( Rs. 558.04 crore)

• Package 1: Construction of 3rd Line project between Nimpura (including) and Chakulia (including) - Construction of roadbed, bridges, supply of ballast, installation of track

(excluding supply of rails, thick web switches & ordinary PSC sleepers), Electrical (Railway Electrification and General Electrification), Signalling and Telecommunication works in Kharagpur Divisions of South Eastern Railway, West Bengal and Jharkhand, India ( Rs. 462.00 crore)

• Construction of 3rd Line track between Lanjigarh Road (ex) - Bissam Cuttack (ex.) and Bissam Cuttack (in)-Rayagada (in) - Construction of roadbed, bridges, supply of ballast, Installation of track (excluding supply of rails, BG Main line sleepers), Electrical (Railway Electrification and General Electrification), Signalling and Telecommunication works in Sambalpur & Waltair Divisions of East Coast Railway, Odisha , India in 2 (two) Packages, for Package - 3 "between Lanjigarh Road (km 250.4) (ex) - Bissam Cuttack (km 304.80) (ex)" on Sambalpur Division of East Coast Railway, Odisha, India ( Rs. 322.23crore)

• Construction of 3rd Line track between Lanjigarh Road (ex) - Bissam Cuttack (ex.) and Bissam Cuttack (in)-Rayagada (in) - Construction of roadbed, bridges, supply of ballast, Installation of track (excluding supply of rails, BG Main line sleepers), Electrical (Railway Electrification and General Electrification), Signalling and Telecommunication works in Sambalpur & Waltair Divisions of East Coast Railway, Odisha , India in 2 (two) Packages, for Package - 4 "between Bissam Cuttack (km 304.80) (in) - Rayagada (km 343.90) (in.)" on Sambalpur/Waltair Divisions of East Coast Railway, Odisha, India ( Rs. 318.18 crore)

• Construction of Sheds, Structures,

Buildings, Water Supply Arrangement, Drainage, Road Works, Track Works, Signalling & Telecommunications Works, Power Supply Arrangement, General Electrical Works and Supply, Installation & Commissioning of Machinery & Plant in connection with setting up of Wagon POH workshop at Vadlapudi, Visakhapafnam, Andhra Pradesh (India) ( Rs. 249.66 crore)

• New Broad Gauge Railway Line from Obulavaripalle to Venkafachalam road junction - Linking of Track between Rapur (including) from km 46.100 to 95,000, Electrical (Railway electrification and general electrification), Signalling and telecommunication works between Obulavaripalle (Excluding) and Venkafachalam road junction in South Central Railway, in the State of Andhra Pradesh ( Rs. 148.80 crore)

• Provision of Doubling of Track between Madurai to Tuficorin - Construction of Major Bridges, RCC Box Bridges and Pre cast RCC Box segments in Madurai Division of Southern Railway, Tamil Nadu ( Rs. 101.85 crore)

• Package 1: Design, Supply, erection, testing and commissioning of 25 KV, 50 Hz Single Phase, Traction Over Head Equipments, Switching Stations, Traction Sub Stations, SCADA, General/Elecfrical Services works along with Civil Engineering Works i.e. Service buildings, Quarters, Tower Car Sheds and other Associated works between sections Hospef (including) - Kudafini (including) and Toranagallu (including) - Ranjitpura (including) and Sidings comprising of 67 RKM/187 TKM of Hubli Division of South Western Railway, India". ( Rs. 94.57 crore)

• Package 1: Execution of balance works for

construction of major bridges (excluding the work of bridge superstructures of steel open web and composite girders) of bridge no. 24 (3x18.3m PSC), 43 (3x18.3m PSC), 58 (1x30.5m Open Web Steel Girder), 66 (3x45.7m, Open Web Steel Girder), 97 (3X18.3m PSC), 326 (3X30.5m Open Web Steel Girder), 341 (3x30.5m Composite Steel Girder Welded type), 348 (7x30.5m Open Web Steel Girder), 352 (3x12.2m PSC), 355 (5x30.5m Open Web Steel Girder), 367 (6x30.5m Composite Steel Girder Welded type) and 390 (10x30.5m Open Web Steel Girder) in connection with doubling between Jaroli (incl.) and Jakhapura (incl.) (170.903 km) on Khurda Road Division of East Coast Railway and Chakradharpur Division of South Eastern Railway in the State of Odisha, India" in two packages (package-1 & package-2). ( Rs. 89.01 crore)

• Execution of Balance work of roadbed, major & minor bridges, Track Linking, S&T service buildings, other civil works and outdoor signalling in connection with doubling work between BLSN to RVH (In) Section (Excluding ANMD Yard) and residential & other service buildings of MSMD & ANMD of Sambalpur Division of East Coast Railway & Raipur Division of SECR in the State of Chhattisgarh, India, a part of Raipur-Titlagarh doubling ( Rs. 87.09 crore)

• Package2: Design, Supply, erection, testing and commissioning of 25 KV, 50 Hz Single Phase, Traction Over Head Equipments, Switching Stations, Traction Sub Stations, SCADA, General/Elecfrical Services works along with Civil Engineering Works i.e. Service buildings, Quarters, Tower Car

Sheds and other Associated works between Sections Kudatini (Excluding) - Guntakal (including) Section and Sidings comprising of 71 RKM/178 TKM of Guntakal Divison of South Central Railway and Hubli Division of Southwestern Railway, India ( Rs. 86.91 crore)

• Package 6: Construction of important Bridge No. 41 (15 x 24.40 m composite welded girder) at km 30/4-9 Major Bridge No. 63D (1x76.2m Open Web through Type Steel Girder) at km 77/8-9 and Major Bridge No. 76B (1x76.2m Open Web Through Type Steel Girder) at km 95/4.5 along with steel channel sleepers, foundation, substructure, related protection works and other allied works in connection with Doubling between Palanpur - Samakhiali Stations on Ahmedabad Division of Western Railway in Gujarat State, India ( Rs. 86.64 crore)

• Construction of 2nd Railway Line from existing take off point within HDC, KOPTs Limit (Km-H-59/11) to G Cabin at Bulk Handling yard, Haldia Dock complex on Kharagpur Division of South Eastern Railway in West Bengal, India ( Rs. 74.68 crore)

• Ground Improvement through construction of stone columns through Dry vibro float method including supply of stone material for the proposed Rail connectivity to berth No.13,14, 15 & 16 at Kandla Port ( Rs. 73.64 crore)

• Design, Supply, erection, testing and commissioning of 25 KV, 50 Hz, Single Phase, Traction Over Head Equipment, Switching Stations, TSS, SCADA and other associated works, and electrical general services works for Railway electrification of Second Line between Yelahanka (Excl.) - Penukonda (Incl.) (152 TKM) of Bengaluru Division of South Western Railway in the

States of Karnataka and Andhra Pradesh, India ( Rs. 72.71 crore)

• Execution of balance work of roadbed, major and minor bridges and track linking including electrical work in connection with doubling between Hubballi to Dharwad (Km 469.00 to 489.09), Construction of quarters, service buildings & residual works for commissioning of doubling in between Harlapur and Hebsur (Km 74.00 to Km 18.97) & Hubballi to Dharwad (Km 469.00 to Km 489.09) on Hubballi Division of South Western Railway in Karnataka State, India ( Rs. 51.40 crore)

• Design, Supply, Erection, Testing & Commissioning of 25 KV, 50Hz, Single Phase, Traction Over-head Equipment, Switching Stations, and other associated works i.e. TSS at Baramati (tentatively), associated Signalling & Telecommunication work, Civil engineering work i.e. service buildings, quarters, sidings and Electrical General Services works for Railway Electrification between Daund (Excl) - Baramati (incl.) Section etc. 44 RKM/46TKM of Pune Division of Central Railway, in the State of Maharashtra, India" ( Rs. 49.81 crore)

• New Broad Gauge Railway Line from Obulavaripalle to Venkatachalam road junction - Linking of Track between Obulavariaplle (Including) and Rapur (Excluding) from Km 0 to 18.660 and 19.620 to 23.365 in Kadapa District and 29.999 to 46.100 in Nellore District ofAndhra Pradesh including Extension of Minor Bridges, construction/ Extension of Platforms at Obulavaripalle station ( Rs. 47.80 crore)

• New Bypass BG double line between Kusugal - Hubli at km 6/755 and Hubli-

Amargol at Km 475/139 on Hubli Division of South Western Railway in Dharwad district in Karnataka State India Construction of (a) ROB Br. No.15 at CH-5.800km 1x24.00m Composite Girder with approaches with RE earth and RE panels (b) RUB No.11 @ CH:4.400 2x5.50x5.50m, No.17 @ CH:6.549 2x5.50mx5.50m and No. 20@ CH:7900 2x5.00x5.00m with RCC twin boxes and approach earthwork (c) RUB (LH) No. 5A @ CH:3.55 1x5.00x3.50m, No. 8A @ CH 2.575 1x5.00x3.50m No.:12A @ CH 4.675 1x5.00x3.50m with RCC single boxes including approach earthwork duly providing temporary diversions & shifting of electrical obstruction during construction of the structures. ( Rs. 47.44 crore)

• Design, Supply, erection, testing and commissioning of indoor Signalling and Telecommunication work of BZA-GDV- BVRM-NDD-GDV-MTM-BVRM-NS in connection with Doubling of Track in Vijayawada Division of South Central Railway in Andhra Pradesh, India. ( Rs. 46.77 crore)

• Construction of Roadbed, Major and Minor

Bridges and Track Linking work (excluding supply of rails and sleepers, Thick web switches and special sleepers) in connection with doubling with Mahadeokhedi to

Malkhedi on Bhopal and Jabalpur Division of West Central Railway in Madhya Pradesh, India ( Rs. 42.86 crore)

• Package 2 : Execution of balance works for

construction of major bridges (excluding the work of bridge superstructures of steel open web and composite girders) of bridge no. 24 (3x18.3m PSC), 43 (3x18.3m PSC), 58

(1x30.5m Open Web Steel Girder), 66

(3x45.7m, Open Web Steel Girder), 97

(3X18.3m PSC), 326 (3X30.5m Open Web Steel Girder), 341 (3x30.5m Composite Steel Girder Welded type), 348 (7x30.5m Open Web Steel Girder), 352 (3x12.2m PSC), 355 (5x30.5m Open Web Steel Girder), 367 (6x30.5m Composite Steel Girder Welded type) and 390 (10x30.5m Open Web Steel Girder) in connection with doubling between Jaroli (incl.) and Jakhapura (incl.) (170.903 km) on Khurda Road Division of East Coast Railway and Chakradharpur Division of South Eastern Railway in the State of Odisha, India" in two packages (package-1 & package-2). ( Rs. 32.07 crore)

• Execution of balance steel super structures of 30.5m composite girders, 30.5m and 45.7m open web steel through girders involving partial supply of structural steel, fabrication, materializing and painting, transportation, erection, cambering and riveting, lowering and aligning of girders over bearings, supply and fixing of channel sleepers and bearings, deck slab casting of composite girders etc. of major bridge no. 58 (1x30.5m Open Web Steel Girder), 66 (3x45.7m Open Web Steel Girder), 326 (3x30.5m Open Web Steel Girder), 341 (3x30.5m Composite Steel Girder Welded type), 348 (7x30.5m Open Web Steel Girder), 355 (5x30.5m Open Web Steel Girder), 367 (6x30.5m Composite Steel Girder welded type) and 390 (10x30.5 m Open Web Steel Girder) in connection with doubling between Jaroli (Incl.) and Jakhapura (Incl.) (170.903 km) on Khurda Road Division of East Coast Railway in the State of Odisha, India ( Rs. 28.61 crore)

• Supply, Installation, Testing and commissioning

of Indoor and outdoor signalling works for provision of New PI installations at Bhanupratappur, Keoti and Antagarh station, and supply, installation and testing and commissioning of Indoor and outdoor Telecom works from Dondi (Gudum) to Antagarh station (i.e. from 17.6 to 58.80 km, Total Length 41.2 km) mainly pertaining to OFC system and 6Q cable related work in connection with DRZ-ROW New Line Project in Raipur Division of SECR in Chhattisgarh State, India. ( Rs. 23.98 crore)

• Design, Supply, Erection, Testing & commissioning of 25 KV AC, 50 Hz, Single Phase, Traction Over Head Equipment, switching stations, SCADA for Railway Electrification of double Line between Guntakal-Kalluru (RKM-18 & TKS 24) Excluding Gullapalayam - Khadherpet Section) and other associated modification works of the Existing OHE of single line and yards between GTL (Incl.) - Kalluru (Incl.) of Guntakal Division of South Central Railway. ( Rs. 16.93 crore)

• Execution of balance works in Br. No.194 (3x 18.3M PSC girders) in Basantpur (BSTP) - Sitabinj (STBJ) Section in connection with doubling between Jaroli (Incl.) and Jakhapura (Incl.) (170.90 km) on Khurda Road Division of East Coast Railway in the State of Odisha, India ( Rs. 5.20 crore)

• Execution of Balance General Electrical Works i.e. HT/LT power line modification work, Electrification of platforms, station buildings, staff quarters in connection with doubling of Titlagarh (Ex.) to Lakhna (In.) section part of Raipur-Titlagarh doubling in Sambalpur division of East Coast Railway in the State of Odisha, India ( Rs. 4.52 crore)

• Construction of Type V quarters/Temporary office building of CPM/RVNL/Bangalore @ Gandhinagar, Bangalore ( Rs. 4.16 crore)

• Execution of Balance General Electrical Works i.e. HT/LT power line modification work, Electrification of platforms, station buildings, staff quarters in connection with doubling of Arand (Ex) to Raipur (Ex.) section part of Raipur-Titlagarh Doubling in Sambalpur & Raipur Divisions of East Coast & South East Central Railway in the State of Chhattisgarh, India ( Rs. 3.83 crore)

• MMTS Phase-ll: Moulali-Ghatkesar and Malkajgiri-Moulali Sections - construction of compound wall along the Railway Boundary at specified locations on Secunderabad & Hyderabad Divisions of South Central Railway, Telangana State, India. ( Rs. 3.79 crore)

• Balance works in between BLGR-DFR Block Section in Package 2 (from Ch:177500 to Ch:182300, i.e. Br. No. 387 to Br. No. 399, protection works and misc. works) in connection with SBD-TIG Doubling in Sambalpur Division of East Coast Railway, in the State of Odisha, India (Package 3) ( Rs. 2.27 crore)

• Proposed Civil interior works along with work station including Air Conditioning, general lighting and LAN works in 2nd Floor of LIC new investment building at Visakhapatnam measuring to 11.168 Sq. Ft. area in connection with setting up office of RVNL/WALTAIR-PIU ( Rs. 1.99 crore)

• Balance works in between BLGR-DFR Block Section in Package 1 (from Ch:167210 to Ch:173000, i.e. Br. No. 363 to Br. No. 377A, protection works and misc. works) in connection with SBD-TIG Doubling in Sambalpur Division of East Coast Railway, in

the State of Odisha, India (Package 3) ( Rs. 1.47 crore)

• Design, Supply, Erection, Testing and Commissioning of the work of modification of existing 110 KV & 220 KV Power line crossing to meet the requirement of Indian Railway Schedule of Dimensions (IRSOD) in the existing BG Railway Line at Chainage No. 590/7-590/8 and 597/4-597/5 in Gulbarga- Wadi Section of Pune-Bhigwan and Gulbarga-Wadi RE Project ( Rs. 1.47 crore)

• Balance works in between BLGR-DFR Block Section in Package 2 (from Ch:173000 to Ch:177500, i.e. Br. No. 378 to Br. No. 386, protection works and misc. works) in connection with SBD-TIG Doubling in Sambalpur Division of East Coast Railway, in the State of Odisha, India (Package 3) ( Rs. 0.91 crore)

• Execution of balance work for the Major Br. No. 319(3X 12.20 m PSC girder) in section between Chilikidara (CLDR) - Sagadpeta (SGDP) Section in connection with doubling between Jaroli (incl.) and Jakhapura (incl.) *170.903 km) on Khurda Road Division of East Coast Railway in State of Odisha, India ( Rs. 0.63 crore)

• Design, Supply, Erection, Testing and Commissioning of the work of modification of existing 110 KV to meet the requirement of Indian Railway Schedule of Dimensions (IRSOD) in the existing BG Railway Line at Chainage No. 386/9-387/0 Vakav-Wadsinge Section of Solapur Division, Central Railway ( Rs. 0.37 crore)

• Provision of communication arrangement in MLYC1 - GT, BMO-MOB & RCPH-TLPR sections of MMTS-Ph II, South Central Railway, Secunderabad ( Rs. 0.14 crore)

• Besides these works contracts, FLS, DDE & PMC contracts of Rs. 368.51 crore have also been awarded during 2017-18.

3.18 Final Location Survey (FLS):

During 2017-18, 983 km of Final Location Survey (FLS) was carried out, the details are given below:

(i) Mau-Ghazipur-Tarighat new line: 51 km

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. 6702.83 crore out of which Rs. 1807.04 crore is equity and Rs. 4895.79 crore is debt. RVNL itself has invested a total of Rs. 648.57 crore as equity among these 6 SPVs, which is approximately 10% of their Gross total investment (referfo table below).

Name of SPV

RVNL’s Equity

Partners’ Equity

Total Equity Debt Total
Rs. Crore %age Rs. Crore %age Rs. Crore Rs. Crore Rs. Crore
Kutch Railway Co Ltd.(KRC) (301 km) 100.00 50.00% 100.00 50.0% 200.00 300.00 500..00
Bharuch Dahej Railway Co. Ltd. (63 km) 55.00 33.33% 100.11 64.54% 155.11 230.00 385.11
Krishnapatnam Railway Co. Ltd. (113 km) 81.00 30.00% 189.00 70.00% 270.00 933.00 1203.00
Haridaspur Paradip Railway Co.Ltd. (82 km) 223.52 37.25% 358.31 61.58% 581.83 1561.64 2143.47
Angul Sukinda Railway Ltd.(102 km) 189.00 31.50% 411.00 68.50% 600.00 1163* 1763.00
Dighi Roha Rail Limited (34 Km) 0.05 50.00% 0.05 50.00% 0.10 708.15* 786.84
Total 648.57 35.89% 1158.47 64.11% 1807.04 4895.79 6702.83

*Proposed Debt

a) 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%
Adani Port & SEZ Ltd 20%
Govt, of Gujarat 4%
Commercial Operations Date (COD) Year 2006
Turn Over 2017-18 (provisional) Rs. 695 Crore (Increase from Rs. 613.30 Crore in 2016-17)

* The name of Kandla Port Trust is changed to Deendayal Port Trust

Current Development:

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

Cost: Rs. 1548.66 Crore: sanctioned byMinistry ofRailways

Source: Internal accruals of KRC

Progress: Contracts awarded for all five Packages

b. Physical Progress: 34% and Financial Progress: 34%

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 30%
Krishnapatnam Port Co. Ltd 30%
National Mineral Development Corporation Ltd. 14.81%
Govt. ofAndhra Pradesh 12.96%
Bramhani Industries Ltd. 12.22%.
Commercial Operations Date (COD) Phase I: 21 km line from VKT to KAPT - COD-2008 Phase-Ill: doubling of 21 km line from VKT to KAPT - COD-2014
Turn Over 2017-18 (provisional) Rs. 36.89 Crore

Current Development:

a. For Phase II i.e. construction of new line from Obulavaripalle to Venkatachalam involving construction of a tunnel is in progress.

b. PhysicalProgress: 93.00%andFinancialProgress:93.00%

c) Angul Sukinda Railway Limited (ASRL)

Length 102 Km
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:

a. Land acquisition:

(i) Private land:

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

b. 11(1) notification for additional land of 24.814 acres has been done by all three District Administration in April, 2018 and under process for 19 (1) at district level / LAO.

(ii) Governmentland (222.05 acres):

a. Alienations of 110.325 acres received and balance under process.

b. Physical possession received for 222.05 acres and work is in progress.

(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 and work is in progress, b. Physical Progress: 44.00% and Financial Progress: 43.56%

d) Haridaspur Paradip Railway Company Limited (HPRCL)

Length 82 Km
Project Type New line: Haridaspurto Paradip Port
Division, Railway Khurda Division, East Coast Railway
Traffic Catchment Area Paradip Port in Odisha
Equity Participants Rail Vikas Nigam Limited 37.25%
Govt, of Odisha 23.80%
Odisha Mining Corporation Ltd. 15.49%
Paradip Port Trust 8.98%
Essel Mining & Industries Ltd. 5.00%
Rungta Mines Ltd 5.00%
Mundra Steel Power Limited 2.50%
Jindal Steel Power Limited 0.83%
Steel Authority of India Limited 0.83%
Odisha Industrial Infrastructure Development Corporation, (Govt, of Odisha) 0.32%
Commercial Operations Date (COD) Still under construction

Current Development:

a. All the Private land of area 1444.611 Acres over the stretch of 86 villages have already been acquired. Government LandAlienation/Advance possession taken for area of 136.975 Acres. Requisition filed to Railway forAdditional Land of 39 villages for Private Land of 46.982 Acres and for Government Land of4.959 acres.

b. Physical Progress: 67.39% and Financial Progress: 61.28% 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 33.33%
Dahej SEZ Limited 6.45%
Gujarat Maritime Board 11.51%
Gujarat Industrial Development Corporation 11.51%
Jindal Rail Infrastructure Limited 6.45%
Hindalco Industries Limited 8.72%
Gujarat Narmada Valley Fertilizer Company 8.72%
Adani Petronet (Dahej) Port Private Limited 11.17%
Commercial Operations Date (COD) Year 2012
Turn Over 2016-17 Rs. 60.43 crore ( Rs. 122.79 crore in 2015-16)

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%
* Proposed Strategic Partners
Commercial Operations Date (COD) Process of land acquisition initiated

Current Development:

a. The Company’s Authorized Capital has been increased to Rs. 78.69 crore.

b. Share Holder’s Agreement is under finalization.

c. Ministry of shipping has conveyed in principle approval (dated 18.10.2016) to fake 11% equity in Dighi Roha Rail Limited from Sagarmala Development Company.

5. PERSONNEL DEVELOPMENT

An organisation is as good as its Human Resource. The primary focus of RVNL Management has been to have not only a team of highly motivated, skilled and experienced manpower but also retain them by facilitating a right environemnt, competitive perks and ample opportunities for a better career progression through training and support. The main philoshophy of the Company has been to execute projects on a fast track basis with a lean and thin orgnisafion without compromising on the availibilify of manpower and ensuring safety and qualify at the work-sites and at the same time

controlling the wage bill for a sustained profifibilify of the Company. It is in this background that the HR Department has strived to support the Management by creating a highly effective manpower base consisting mostly of technical personnel with a judicious mix of depufafionisfs and RVNL cadre supported ably by a pool of experienced retired personnel and fresh engineers on contract. As on 31.03.2018, the Company executed projects worth over Rs. 7556.56 crore successfully with just 541 regular employees out of which 150 were cadre officials and 391 depufafionisfs. The productivity of per capita manpower of RVNL is Rs. 11.60 crore, which is not only the best amongst the sister CPSEs but one of the best amongst all the CPSEs.

Having belief in a transparent and employee oriented procedures and practices, the Company has developed an employee-friendly HR policy to boost the morale and motivate the employees to give their best in execution of projects. The main thrust of the HR policy is to ensure that the employees are able to adapt to the changing

business needs and priorities and discharge their roles as a strategic business partner in the growth of the organisation. The Company has given special attention to professional and personal development of employees by organising intensive training programmes not only relevant to their functional areas but also to enhance their overall managerial capabilities. A total of 413 mandays of trainings in Project Management, Contract Management, Railway Electrification, Quality Assurances, Financial Management, Risk Management, CSR etc were provided at various levels during 2017-18. Out of thetotal 413 mandays of training, senior management i.e. DGM and above level have been imparted training for 338 mandays and 75 mandays to the Sr Managers and below. To enhance the efficiency in HR working, HR Module has been implemented through SAR Consequent upon implementation of the

recommendations of the 3rd PRC for the CPSEs, the Company has revised the pay packages of the RVNL employees in accordance with the decisions of the Government and various perks/allowances, such asTA/DAon official tour, housing lease policy, special incentives for working in Left Wing affected and difficult areas etc have also been revised.

The Company celebrates its annual foundation day on 2nd Saturday of April. This year also, a befitting celebration was organised on 7th April, which was graced by the Hon’ble Minister of Railways and a large gathering of the Railway family. The meritorious services of employees were recognized and rewarded through individual/ group awards by presenting shields and cash awards. The shields for excellence in performance were presented by Chairman Railway Board and Member Engineering to the following Project Implementation Units: -

S.N. Description of Award Awarded to
1 Best Project Ponmalai-Thanjavur (PIU Chennai)
2 Best Workshop Project Barauni Workshop (PIU Varanasi)
3 Maximum Expenditure Award PIU, Chennai
4 Special Project Obulavaripalle-Venkatachalam (PIU, Chennai)
5 Best PIU in Signalling Work PIU, Chennai
6 Best PIU in RE Project PIU, Varanasi (RE)
7 Best PIU for Commissioning Projects PIU, Chennai
8 Most Difficult Project Dallirajhara-Rowghat Project (PIU Rajpur-lll)
9 Best PIU Runners_up PIU, Ahemdabad and PIU Raipur-ll
10. Best PIU Winner PIU, Chennai

5.1 INDUSTRIAL RELATIONS

During the year, the Industrial Relations remained cordial and harmonious and as in the past, there were no untoward incident of any nature. As a welfare measures to the employees, the services of Allopathic and Homeo Physicians are made available in the Corporate Office. The employees in the Company also observed ‘’Swatch Bharat Abhiyan’ and ‘International Yoga Day".

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

The Company has in place an Anti-Sexual Harassment policy in line with the requirements of the Sexual Harassment of Women at the Workplace (Prevention, Prohibition & Redresssal) Act, 2013. An internal Complaints Committee called "Vishaka Committee" has been set up in RVNL to redress complaints related to sexual harassment. All employees are covered under this policy. As in the past, there had been nil incidence of any such case of harassment in the year.

5.3 Right to Information Act:

RVNL is committed to the Right to Information Act and the Company has nominated an Appellate Authority, CPIO and an APIO for Corporate Office and APIOs for each Project Implementation Unit. During the year 2017-18, 78 applications were received and disposed off in time.

5.4 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 parttime Mukhya and Up-Mukhya Rajbhasha Adhikari and a regular Manager (Rajbhasha). The website of the company is bilingual and is updated

regularly. All the computers in the Corporate Office have been provided with Unicode compliant software and fonts to facilitate access to common templates in Devnagari. To encourage use of Rajbhasha, officials who use Rajbhasha in drafting notes and letters are identified from each department and given Shankar Dayal Singh Smriti Puraskar. A competition on Hindi essay writing, Hindi noting and drafting, Hindi Shabd Gyan and Quiz was organised on the occasion of Hindi Divas Pakhwara in the month of September, 2017. Cash awards of Rs. 43,200/- were distributed to 63 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 2017-18, 4 meetings of the Rajabhasha Implementation Committee of RVNL were held with the representatives of Rajbhasha Directorate of Railway Board.

5.5 Presidential Directives:

Consequent upon acceptance of the recommendations of the 3rd PRC by the Government, a proposal seeking Presidential Directives for implementation of the recommendations was sought from Ministry of Railways. Ministry of Railways vide letter No. 2017/PL/52/4 dated 21-11-2017 conveyed the Presidential Directives and the same have been implemented in RVNL as per the guidelines.

5.6 Compliance of MoU Targets related to Human Resource Management for the year 2017-18

Under the MoU, signed between RVNL and Ministry of Railways, for 2017 -18, Human Resource Management (HRM) related Parameters have been fixed as under:-

S.No. Parameter Target for excellence
I On-line submission ofACR/APAR in respect of all executives (EO & above) along with compliance of prescribed timelines w.r.t. writing ofACR/APAR 100% of number of executives
ii On-line quarterly vigilance clearance updation for Senior Executives (E-5 & above) 100% of number of senior executives
iii Preparation of Succession Plan and its approval by Board of Directors Holding of DPC without delay for executive (EO & above level) By 30.9.2017
iv Holding of DPC without delay for executive (EO & above level) 100%
V Talent Management and carrier progression by imparting at least one week training in Centre of Excellence e.g. NTs, IIMs, NITs, ICAI etc. within India or technical training outside India 10% of executives

All the above items have been fully complied/ implemented as per targets mentioned in above table and the itemwise details are as under: -

i. On-line submission of ACR/APAR in respect of all executives (EO & above) along with compliance of prescribed timelines w.r.t. writing of ACR/APAR

As per instructions, the Annual Performance Appraisal Report (APAR) for a Financial Year is to be recorded by 31st December of the year in the year in which the financial year ends.

To implement the MoU target of on-line submission of ACR/APAR in respect of all executives (EO & above) along with compliance of prescribed timelines w.r.t. writing of ACR/APAR, action was initiated for introduction of online submission of APAR by the employees in EO and above and its completion. Firstly, with the help of L&T Infotech, software programme has been developed as a part of integrated ERP system. With successful launch

of the Performance Management System (PMS), complete digitalisation of online submission of ACR/APAR in respect of all executives (EO & above in RVNL), its processing by different authorities i.e. Reporting, Reviewing, Accepting officials and its finalisation alongwifh compliance of prescribed timelines with respect to writing of ACR/APAR (for all executives EO and above) has been accomplished. Completed APARs 2016-17 have been communicated to all the employees working in EO and above grades on 29th December 2017. RVNL has completed the process before the prescribed last date for communication of completed APARS to the employee i.e. 31st December of each year.

M/s Accenture Solutions, the PMC supervising the implementation of ERP system in RVNL has certified online processing and successful completion of all APARs for 2016-17 and its communication to individual employee of RVNL on 29th December 2017.

Thus the MOU target of on-line submission of ACR/APAR in respect of 100% executives (E0 & above) along with compliance of prescribed timelines w.r.t. writing of ACR/APAR has been complied with.

ii On-line quarterly vigilance clearance updation for Senior Executives (E - 5 & above)

DoPT, Government of India vide their letter issued in April, 2017, decided to put in place a web enabled online system for vigilance status of senior officials working in CPSEs to expedite appointment to Board level officials in various CPSEs. The system is operational with effect from 1.04.2017 with added security features to ensure confidentiality and security of data. As per instruction issued by DoPT, for Board level officials and officials who are one level below Board, updation of Vigilance Status will have to be carried out once every month. For officers who are second level or below, the updation of vigilance status have to be done every three months as per rule. However, in compliance of MOU targets, RVNL has uploaded the data of officials upfo E 5 and regularly updates if.

It is certified that RVNL is strictly following the instructions and has been updating the vigilance status on online portal accordingly for all eligible employees at desired intervals. Thus, the MOU parameter relating to web based online monthly/quarterly updation of vigilance clerance for senior executives has been implemented for 100% employees in RVNL in eligible categories.

iii Preparation of Succession Plan and its approval by Board of Directors

A major objective of the Succession Planning process is to ensure that each individual is given the opportunity to capitalize on his/her strengths and is given the relevant inputs for their development in area where needed.

The process of succession planning and positioning, is critical to ensure the long term growth of the Company, and goes a long way to ensure that the right candidates are available at the right moment for manning of critical and key positions in the Company.

The Board of Directors, in its 85th meeting held on 07.09.2017, approved the Succession Plan.

The MoU target date for ‘Excellent’ rating which was 30.09.2017, has been complied with,

iv Holding of DPC without delay for executive (E0 & above level) in 100% cases.

To implement the timely completion of selection process for 2017-2018 for 100% employees who were eligible to get promoted, it was decided to have a defined schedule for holding DPC for promotion. Accordingly, a Selection Calender was prepared for the year 2017-18 with details of departmentwise and categorywise time of holding and finalisation of proceedings by the Departmental Promotion Committee for empanelment of eligible and suitable staff. The calender was discussed and duly approved by the Board of Directors in their 83rd meeting held on

19.5.2017.

The selection process included nomination of Departmental Promotion Committees, holding of written test / vivavoce, approval of the select list by the Competent Authority and issue of promotion orders. The selections held during the year for officials in E0 and above strictly followed the timeline mentioned in the calender approved by the BOD. The selection process was completed as per schedule and approved by the Competent Authority and orders issued.

Thus, it can be seen from the enclosed report that all the DPC were held without delay for Executives (E-0 and above) and promotion orders of empanelled staff were issued in 100% cases,

v Talent Management and carrier progression by imparting at least one week training in Centre of Excellence e.g. IITs, IIMs, NITs, ICAI etc. within India or technical training outside India.

(Target-10% of executives to be covered)

Under Talent Management and carrier progression, the target fixed was to impart atleast one-week training in Centre of Excellence to 10% of executives. RVNL imparted training in various prestigious institutions namely IIMs - Ahmedabad Campus, Lucknow - Noida Campus, CSIR, National Institute of Rock Mechanics, Bangalore, Norwegian Geotechnical Institute (NGI), Norway in different subjects like Tunnelling Technology, Advances in Concrete Technology, Strategic Leadership in Uncertain Environments, Project Management, MDP on Finance for Non-Finance Executives, Norwegian Tunneling Technology etc. A total no of 76 employees, i.e. 14% of total strength of 541 RVNL employees, successfully completed training of one week or more in prestigious institutes.

The MoU target for nos. of employees to be imparted training for ‘Excellent’ rating was 10% of manpower strength and RVNL has achived the target for excellent rating by imparting one week training in Centre of Excellence to 14% staff.

6. Vigilance

The Vigilance Department in RVNL is manned by a Chief Vigilance Officer, one GGM/Vigilance (Part time), two DGM/Vigilance and one Senior Manager. Since February 2018, on completion of the tenure of the CVO, the GGM/CC who was also working as GGM/Vigilance is now working as CVO of the organization till the new incumbent is posted.

RVNL Vigilance continued its endeavor in its preventive role to aid Management in strengthening transparency and accountability. To this end, Action Plan 2017-18, envisaged combination of intensive inspections and preventive checks covering major ongoing works and miscellaneous establishment matters.

Inspections in brief:

During 2017-18, 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. Preventive Checks were also conducted with specific focus on contractor’s claims, quality issues and rotational transfer of RVNL personnel. Observations made during CTE/CTE Type Inspections were followed up and replies on paras pertaining to various CTE inspections were sent to CTE/CVC.

System Improvements:

Some major system improvements effected during 2017-18 due to preventive vigilance covered the following areas:

• During a Preventive Check, RVNL Vigilance had detected sub-contracting of substantial portion of work by the principal contractor with the permission of the Employer and found that the same was not in keeping with the objectives of the governing clause. A system improvement was recommended for suitable modification in sub-contracting provisions in the Standard Bid Document. Instructions have been issued for limiting the scope of works to be sub-contracted with the prior approval of the Employer.

• RVNL Vigilance also recommended for review of provisions of contracts of project management consultancy for suitable penalty in the case of non/short deployment of safety personnel and the authority for accepting personnel below prescribed qualification/experience.

• During investigation, if was observed that instructions for stacking of ballast were not followed by a field unit. On the advice of Vigilance, RVNL Management have directed to all concerned for ensuring proper levelling of the surface for stacking of ballast and to carry out spot checks for the same.

• During a preventive check, if was observed that subsequent to approval and passing of amount for cash awards, there were some changes without recording the reason for such modification. If was advised to ensure that the proposals for cash award/merif certificate should duly reflect/incorporate adequate justification thereof.

• During a preventive check, if was observed that a work on quotation was awarded to a fictitious firm at exorbitant rates bypassing corporate procedure. Based on the recommendation of Vigilance, Management have reiterated strict compliance of relevant SOP provision on calling of quotations and dispensing with fender by all field units.

• On the advice of Vigilance, instructions have been issued to all concerned to ensure that if a contract is terminated, the copy of termination letter should be sent to all the constituents of JV in addition to the address of the JV so that all the partners know about the termination.

Recovery:

Besides, institution of corrective measures, an amount of Rs. 2.31 crore (approx.) was recovered from the contractors for deficiencies in performance.

Investigations:

The complaints received by Vigilance from time to time were dealt with as per prescribed procedure and surprise checks done as deemed fit. During the year, five complaints were taken up for investigation. Vigilance has suggested/ recommended remedial measures in the wake of the investigations to prevent incurrence of similar lapses.

A case of irregular award of temporary lighting arrangement on Quotation basis was detected by Vigilance involving one Group ‘A’, two Group ‘B’ and one Group ‘C’ employee. After obtaining the comments of the concerned GM (Railway) in the case of Group ‘A’ officer, the case with recommendation for disciplinary proceedings was forwarded to Railway Board Vigilance. Further, a Preventive Check with regard to undue drawal of Dearnes Relief on pension by some absorbed officials of RVNL is also being done.

Disciplinary Action:

During the year 2017-18, two Administrative Action cases and two Minor Penalty cases were concluded. Administrative action was taken against the officials who had irregularly drawn Dearness Relief on pension. As regards the cases wherein Minor Penalty has been imposed, both these cases had been investigated by Northern Railway Vigilance and were regarding execution of work on Northern Railway.

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 2017 to September, 2017 was reviewed by the Board of Directors during 84th & 87th Meetings held on 20.07.2017 and 18.12.2017 respectively.

Vigilance Awareness Week:

Vigilance Awareness Week-2017 was observed by Corporate Office & the field units spread across the country from 30.10.2017 to 04.11.2017 with the theme "My Vision-Corruption Free India". Attractive posters (1800 in number) on anticorruption based on the drawings made by the students who participated in the competition organised by the RVNL during Vigilance Awareness Week-2016 were distributed to all the field units for display at prominent locations. A write-up on the provisions contained in the Public Interest Disclosure and Protection of Informers’ Resolution (PIDPIR), the procedure to be adopted for making a complaint under this Resolution and Whistle-blower policy of RVNL was also circulated to all the field units for wide dissemination among the staff and the related community.

Integrity Pledge was administered to the employees of the organization on 30.10.2017 in Corporate office as well as in the field offices. To facilitate ‘e’-pledge by RVNL staff & their families and others associated with RVNL works, hyperlinkto the CVC website was displayed on RVNLwebsite.

An Inter-active session/workshop on Vigilance awareness was held on 02.11.2017 with officers of RVNL in the Corporate Office on important issues highlighted during vigilance inspections pertaining to project implementation. Besides, field units across the Country conducted workshops/ sensitization programmes.

Various kinds of competitions viz. slogan writing, poem writing, poster making, group discussion, speech, essay writing etc. were organized in 43 schools & 4 colleges across the Country by Corporate office and its field units on anticorruption themes. In particular, 58 students of Delhi & NCR participated in poster making competition on the theme, ‘My Vision-Corruption Free India’ held in the premises of Corporate office on 30.10.2017. Twelve of these submissions were featured in a desk calendar for 2018 for wide distribution. An inter-college debate on the topic ‘Whether consumerism is leading to a moral deficit in social values’ was organized in the premises of Hindu College, Delhi where 12 competitors participated with an attendance of 120 students. As per advice of CVC, Regional Co-ordinators and Principals of Kendriya Vidyalayas who organized competition during Vigilance Awareness Week 2016 were advised to set up Integrity Clubs to which some responded positively.

During a workshop of Chief Project Managers held on 31.10.2017, 12th Issue of RVNL Vigilance Bulletin was released containing informative notes/contribution on ‘whistle-blowing policy’, role of Vigilance in Management, key system improvements etc.

Development of Integrity Index:

RVNL has been selected by CVC as one of the 25 participating organisations (Department/CPSE) in the pilot project for development of Integrity Index. CVO interacted with the IIMA, the consultant & CVC during meetings held from time to time and coordinated with the Management in submission of data inputs to the IIMA.

Online Vigilance Clearance:

As advised by DOP&T, RVNL Vigilance has started online feeding of vigilance status of senior level officials to expedite their appointment for Board Level posts.

7. MEMORANDUM OF UNDERSTANDING

The Company secured a rating of "Excellent" from Department of Public Enterprises for 2016-17 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 seventh consecutive year for which the Company has been rated as "Excellent".

In 2017-18, the Company has been able to achieve the targets set in the MoU and even surpassed them. RVNL completed New Line of 17 km, Gauge Conversion of 86.3 km and Doubling of 315.2 km, totalling to 418.5 km (104.63%) against a target of 400 km (100%) for "Excellent" under "Completion of milestone of clients orders/ agreements without time overrun" and 78.32 km against a target of 73 km under "Other sector specific result-oriented measurable parameter". Under "Capacity Utilization" parameter, completion of 425 km Railway Electrification was achieved against a target of 400 km for "Excellent" and Barauni- 250 high Horse Power Loco Shed was completed ahead of schedule and was handed over to ECRon 31.10.2017. The Company was also able to meet the targets for all financial, enterprise specific, sectors specific parameters set in the MoU for

2017-18. Accordingly, the Company is expecting to achieve an "Excellent" rating for2017-18 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 have 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:

Particulars 2017-18 2016-17
Foreign Exchange on foreign travel of Company’s officials 1.07 0.63
Project Management Consultancy 0.79 3.74

9. RISK MANAGEMENT

RVNL keeps a close watch over the risks to the Company. RVNL has a 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. If also strives to increase awareness among its employees and other stakeholders about possible risks and measures to control the same.

The Company has a Risk Management Committee under the chairmanship of Director (Projects).The details with respects to composition and terms of reference of committee is provided in the Report on Corporate Governance, forming part of Dircfors’ Report. (Annexure B)

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/scopeofwork.

b) Delay in land acquisition.

c) Aggressive bidding by contractors leading to potential non performing contractors.

d) Non adherence to standards of safety at work site by contractors/subcontracfors.

e) Increase in the number of Arbitration and court cases.

Following initiatives have been taken based on the suggestions made by the Risk Management Committee:

a) An online portal has been developed to monitor approval of drawings and the same has been launched for the use with effect from 3.1.2018.

b) Instructions have been issued to Project Implementation Units that direct negotiations with land owners should be resorted to, in case small quantity of land involving a few owners is likely to become a bottleneck in commissioning of the section.

c) Provision of submission of additional BG by the contractor has been introduced in standard bidding documents of RVNL to discourage the contractors quoting

abnormally low rates and later on failing to execute the project.

d) To handle increasing number of arbitration/ court cases, policy for engagement of suitable retired personnel by PIUs as Consultants/Advisors on regular basis or on case to case basis for dealing with arbitration and court cases has been issued on 6.3.2018. Reporting and monitoring is being done as per report submitted by a professional firm engaged for preparing a detailed document on Enterprise Risk Assessment and Management in RVNL.

10. CORPORATE SOCIAL RESPONSIBILITY (CSR)

The Corporate Social Responsibility Committee comprises of Mrs. Gita Mishra, Director (Personnel), Mr. Vijay Anand, Director (Projects) and Mr. Shiv Kumar Gupta, Part time (Non-Official) Director. The Committee monitors the adherenceof projects to the Corporate Social Responsibility policy (CSR policy) of the Board and the process for implementation of the same.

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

1. Implementation in project/programme mode

2. Focus on periphery of project areas of RVNL

3. Thrust areas of education and healthcare

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

During 2017-18, the Company has spent the entire budgeted amount of Rs. 7.67 crores. The CSR policy may be accessed on the Company’s website at the link http://www.rvnl.org/admin/uploaded1/ leftdocument/20141117161351_CSR%20Policy% 200ct%202014.pdf.

A report on CSR activities is annexed as Annexure- C.

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/Deparfmenfs/Central Public Sector Undertakings (CPSUs) has become mandatory from the Micro and Small Enferprises(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 fender documents and deposit of earnest money, prescribed under the Policy, have been incorporated in the fender documents for procurement of stores and obtaining services, etc. Two Vendor Development Programmes were also conducted during 2017-18.

Shri Ajay Kumar, Executive Director/HR isthe Nodal Officer and Shri P.K. Sharma, Group General Manager/P-ll has been nominated as the Grievance Officer for seamless implementation of

the MSE policy in RVNL. Contact details of these officers are uploaded on RVNL website.

The Annual Procurement Plan for purchases in 2017-18was made available on RVNL website for information of MSEs to encourage their participation in the procurement of goods and services.

In 2017-18, RVNL procured goods and services amounting to a total of Rs. 13.79 crore. Out of this, the total value of goods and services purchased from MSEs (including MSEs owned by SC/ST entrepreneurs) was to the tune of Rs. 5.28 crore i.e 38.29% 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

The implementation of an integrated IT Solution for RVNL Corporate Office and its Project Implementing Units for computerization of all core business processes including project planning, e- tendering, monitoring of project execution, associated finance functions and personnel management etc., has under gone major developments during 2017-18.

In addition to the progress achieved previously, IT infrastructure of RVNL has been fully setup and the integrated IT software solution has achieved partial Go-Live on 27.02.2018 of major functionalities, and the remaining portion of the project is catching up at a fast pace. A helpdesk team assists users in system usage and troubleshooting, leading to enhanced user acceptance of the system.

Latest Pay Commission recommendations have been successfully updated in the payroll system for all employees. The Employee and Management Self-Service module has now been successfully

rolled out to all PIUs, digitizing all employee matters viz. travel, claims, payments, leave, etc. Digitalisation of APAR with entire processing has been implemented in case of all RVNL employee in EO & above level. The completed APARs were digitally communicated to all employees on 29th December, 2017 before the target date of 31st December, 2017.

E-Office with features of online filing, office communication, meeting management, decision recording, Vigilance and D&AR processes, has been piloted at Corporate Office and Delhi-PIU.

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 had 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 had prepared the annual accounts on a going concern basis.

e) the Directors had 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

Mr. A. K. Ganju, superannuated as whole-time Director (Finance) on October 31,2017 and Mr. K.

K. Agarwal, ceased to be a Director as Nomination was withdrawn by appointing authority, on March 8,2018.

The following Directors were appointed upto the date of the Directors Report

S. No. Directors Name Designation Date of Appointment
1. Mr. Arun Kumar Director (Operations) October 10, 2017
2. Mr. Rajen Habib Khwaja Independent Director October 13, 2017
3. Mrs. Sabita Pradhan Independent Director October 17, 2017
4. Mr. A. P. Dwivedi ED(PSU)/Railway Board Government Nominee Director March 23,2018
5. Dr. L. V. Muralikrishna Reddy Independent Director March 23,2018
6. Dr. Anil Kumar Independent Director May21,2018

On the date of report, the strength of the Board of Directors of the Company is 12 Directors comprising of 4 functional Directors including Chairman and Managing Director and 2 part-time (official) Directors and 6 part-time (non-official) Directors. One(1) Position of Director (Finance) is still vacant.

The following Directors are holding office as on the date of the report: -

1. Mr. S.C. Agnihotri Chairman and Managing Director from 27.1.2010 as Managing Director and from 5.3.2013 onwards as CMD [Extended upto 31.8.2018]
2. Mrs. Gita Mishra Director (Personnel) from 13.10.2008 onwards
3. Mr. VijayAnand Director (Projects) from 9.4.2011 onwards [Extended upto 31.07.2019]
4. Mr. Arun Kumar Director (Operations) from 10.10.2017 onwards
5. Mr. S C Jain, ED (Works)/ Railway Board, Part- time (official) Director from 18.01.2017 onwards
6. Mr. A. P. Dwivedi ED (PSU) Railway Board, Part- time (official) Director from 23.03.2018 onwards
7. Mr. Vinayak B. Karanjikar Part-time (Non-official) Director from 01.04.2016 onwards
8. Mr. Shiv Kumar Gupta Part-time (Non-official) Director from 01.04.2016 onwards
9. Mr. Rajen Habib Khwaja Part-time (Non-official) Director from 13.10.2017 onwards
10. Mrs. Sabita Pradhan Part-time (Non-official) Director from 17.10.2017 onwards
11. Dr. LV Muralikrishna Reddy Part-time (Non-official) Director from 23.03.2018 onwards
12. Dr. Anil Kumar Part-time (Non-official) Director from 21.05.2018 onwards

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. Gita Mishra as Director (Personnel) since October 2008 and Mrs. Sabifa

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, 2009and INDAS-24.

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

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

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

Name Designation Date of change Reasons
Mr. Ashok K. Ganju Director (Finance) & CFO October31,2017 Superannuation
Mr. A. K. Choudhary Chief Financial Officer November 01,2017 Designated by the Board
Mr. Vijay Anand Director (Projects) March 23, 2018 Designated by the Board
Mrs. Gita Mishra Director (Personnel) March 23, 2018 Designated by the Board
Mr. Arun Kumar Director (Operations) March 23, 2018 Designated by the Board

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, seven (7) Board Meetings were held in the F.Y.2017-18. The details of the Meetings are in the Corporate Governance Report forming part of this report.

Audit Committee

The Audit Committee as on the date of the report comprises of Mr. Shiv Kumar Gupta, Part time (NonOfficial) Director, Mr. Vinayak B. Karanjikar, Part time (Non-Official) Director and Mr. A. R Dwivedi, Part time (Official) Director. All recommendations made by the Audit Committee were accepted by the Board.

17. AUDITORS

a) 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, 2018. The Board would like to thank them for their valuable support and guidance during the audit of accounts under review.

b) Secretarial Auditor

The Board of Directors has appointed M/s P.C Jain & Co. (Practising Company Secretaries) to conduct the Secretarial Audit for financial year 2017-18. The Secretarial Audit Report is annexed and forms part of this Annual Report in Annexure D.

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, 2018 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, 2018 shall also form 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. Ashok K. Ganju, Director (Finance) who demitted office on 31stOctober,

2017. During his tenure as a Director of your Company, he has made significant contribution in the growth & development of the company. Company has benififfed immensely from his 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 supporffo 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 Company’s aims and goals in all spheres.

For and on behalf of Board of Directors

Place: New Delhi Date: 13.08.2018

65

Sd/-

(S. C. Agnihotri)

Chairman and Managing Director