Chief Secretary I.Y.R, Krishna Rao on Thursday expressed the State government’s willingness to form a Special Purpose Vehicle (SPV) with the Indian Railways and take up the much-needed projects.
At meeting here, Mr. Rao along with South Central Railway General Manager P.K. Srivastava reviewed the status of ongoing projects and surveys in A.P. Among the subjects that came up for discussion included land acquisition and steps required to curtail/minimise damage to rail infrastructure due to natural disasters such as the recent Hud Hud, a SCR release stated.
Mr. Srivastava said the SCR was awaiting the final nod from the Railway Ministry to go ahead with the SPV. He assured Mr. Rao that the last mile connectivity on the Nandyal-Yerraguntla new line project would be completed on a priority and added that adequate funds were allocated in the Railway Budget-2015.
