Speaking at the PHD Chambers of Commerce's Rail Convention here, Goyal said he was not deterred when his decision to handover the construction of the Elphinstone Road FOB and other bridges in Mumbai to the army was criticised by many. In fact, he said the decision made the railways realise its own potential.
"It opened up our minds to think in terms of the speed of execution. After we decided around October 29-30 (2017) to handover these three bridges to the army, the Indian Railways got so activated that it completed 17 FOBs in the Mumbai Suburban section between October 2017 and February 2018. By June 2018, they have committed to complete another 22 FOBs. We have approved 56 more to be completed in the next 12 months and that includes tendering, procurement and execution.
The three new FOBs at the Elphinstone Road, Currey Road and Ambivali stations in Mumbai, built by the army's Bombay Sappers and dedicated to Mumbaikars, were inaugurated by commoners in the presence of Goyal and Maharashtra Chief Minister Devendra Fadnavis yesterday.
The Elphinstone Road FOB was built by the army in a record 117 days, the Western Railways said. The army began the construction around two months after the stampede on September 29 last year that claimed 23 lives and injured over 30 persons.
"We have agreed on the future path as regards what needs to be done to make the Indian Railways the best in the world with the help of latest technology and innovative ideas," he added.
The minister also said a 100-per cent electrification of the railways would not only save around Rs 10,000 to Rs 13,000 crore every year, but also help curb pollution.
"Every traveller of the Indian Railways has the same value when it comes to human lives and if I believe that a modern signalling system makes the travel safer, then I see no reason why it should not be there across the railway network," he added.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
