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HARYANA RAIL INFRASTRUCTURE DEVELOPMENT CORPORATION LIMITED

HARYANA RAIL INFRASTRUCTURE DEVELOPMENT CORPORATION LIMITED (A Joint Venture Company of Govt. of Haryana and Ministry of Railways). State JV Companies Conference At IRICEN, PUNE on16.05.2019. Salient Features of HRIDC. Objectives. Date of Incorporation: 22 nd August, 2017.

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HARYANA RAIL INFRASTRUCTURE DEVELOPMENT CORPORATION LIMITED

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  1. HARYANA RAIL INFRASTRUCTURE DEVELOPMENT CORPORATION LIMITED (A Joint Venture Company of Govt. of Haryana and Ministry of Railways) State JV Companies Conference At IRICEN, PUNE on16.05.2019

  2. Salient Features of HRIDC Objectives Date of Incorporation: 22nd August, 2017. Share pattern Government of Haryana = 51% Ministry of Railways=49% Authorized Share Capital: Rs. 100 Cr (51 Cr-GoH & 49 Cr-MoR) Paid Up Capital : Rs. 30 Cr (15.30 -GoH & 14.70-MoR)

  3. Board of Directors • Dinesh Deshwal, IRSE • Managing Director • Sh. Depinder Singh Dhesi, IAS • Chairman, HRIDC & Chief Secretary, • Govt. of Haryana • Alok Nigam IAS • Addl. Chief Secy PWD (B&R), • Govt. of Haryana • RakeshManocha • Engineer in Chief, • PWD (B&R), GoH • Ravi Kumar Gupta,IRSE • Director (Projects &Planning) • Ajitsingh, IRSE • Chief Engineer (C), Northern Railway • B.K.Gupta, IRSE • Executive Director (PjM), Railway Board • R.K. Gandhi • Chief Engineer (Mobility), GMDA

  4. Organization Structure Assisted by : Office Assistant-01, Accounts Assistant-01, Computer Operator-02, Dak Khalasi-01 & Peons- 04

  5. Statusof Projects PROJECTS HAVING ‘IN PRINCIPLE APPROVAL’ OF RAILWAY BOARD

  6. Projects for which Feasibility Study Completed

  7. Projects for which Feasibility Study Completed • Feasibility study reports considered by the BOD on 26.03.2019 • BOD resolved that GoH should be approached for deciding 01 Priority projects for taking up for DPR • GoH has assigned Priority-1 for JindHisar Project (46 Kms) and Priority-2 for Karnal-Yamunanagar Project (66 Kms) and to undertake DPR of these 02 projects • Tender for DPR of above projects is under process

  8. Other Railway Infrastructure Projects

  9. RailwayNetworkin Haryana State • Route Km: 1710 Km • Rail Density in Haryana • 3.87 Route Km/100 Sq Km • (against national average of 2.05)

  10. Total Route length of the project -130 KM

  11. Seamless Connectivity to Airports

  12. Stakeholders Government Entity Private Entity

  13. Haryana Orbital Rail Corridor • DPR has been completed. • In principle approval of Ministry of Railways has been obtained. • Discussion with various stakeholders are in progress. • AIIB has been approached for funding of approx Rs. 2800 Cr

  14. HORC Project Objectives

  15. MainFeatures of the Project • Output • Freight and passenger transportation bypassing Delhi with connectivity to all Indian Railway Routes as well as DFC network. • The design capacity of the project is 100 Million Tons (MT) annually each way. • The design capacity includes 60 MT freight and 40 million passengers (01 passenger equivalent to 01 Tonne) annually each way.

  16. MainFeatures of the Project B) Outcome • Decongestion of Delhi, by diverting the traffic not originated/ destined for Delhi. • Pollution control and Environmental protection: This project will help in shifting the traffic in Delhi NCR area from road traffic to electrified railway traffic, which will have almost zero pollution. • Efficient land use: The land of this area being highly fertile, the efficient land use will minimize the adverse social impact. • Logistics: This project will serve the major Logistic Hubs and also encourage development of new logistic hubs and market yards. • Employment Generation

  17. TrackStandards

  18. Summaryof Project

  19. Project Capital Costs

  20. Project Financial Results

  21. FinancialStructuring • The proposed financial Structuring is as follows: The required debt of about Rs. 2800 Cr is proposed to be arranged from AIIB

  22. ProjectImplementation Plan

  23. ProjectImplementation Plan

  24. Issues/ Assistancefrom Railways affecting Coordination with State Government

  25. THANKS

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