Aug 24 2016 | India Opportunities

Private sector investment sought for Kolhapur-Vaibhavwadi railway line

Union railway minister Suresh Prabhu is keen to take up construction of Kolhapur-Vaibhavwadi railway line on priority. The project was announced in the Railway budget 2016-17. Indian Railways also proposes to extend this line to the Vijaydurg port. The funds for the project would be raised through extra budgetary resources mainly through private investment. As of now, the detailed project report preparation is in the last phase.

Prabhu was in Sawantwadi on Saturday to kick-start the construction of phase-II of Sawantwadi railway terminus.