Indian Railways will borrow Rs 11,790 crore from market through its two companies IRFC and Rail Vikas Nigam Ltd for capital expenditure during 2014-15.IRFC will raise Rs 11,500 crore and Rail Vikas Nigam Ltd (RVNL) plans to raise Rs 290 crore from market. Railways expects to mobilise Rs 6,005 crore through the Public Private Partnership (PPP) during 2014-15.
In the current fiscal (2013-14) Indian Railways to borrow Rs.13,800 crore from the markets. Its market borrowing will reduce by Rs 2,010 crore in 2014-15.
In the current fiscal (2013-14) Indian Railways to borrow Rs.13,800 crore from the markets. Its market borrowing will reduce by Rs 2,010 crore in 2014-15.
