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SOUTH CENTRAL RAILWAY
PRESS RELEASE
PUBLIC RELATIONS OFFICE, SECUNDERABAD - 500 071
No.818/2023-2429-01-2024
Secunderabad
Indian Railways witnesses highest ever Capex Utilization in the 9 months during 1st April, 2023 to 31st December, 2023


-75% of Capex utilized till December 2023 across IR while 83% of capex utilized across SCR

-IR Capex Utilization is approx.33 % more in comparison to the last year’s corresponding period.

Indian Railways has witnessed approx. 75% Capital expenditure utilization (Highest ever) in the first nine months of this Financial Year till December 2023. Indian Railways has made an expenditure of Rs. 1, 95,929.97 Crores till December 2023 which is approx. 75 % of total capex (Rs. 2.62 lakh crores) of Railways during this financial year.

During the same period in December 2022, Indian Railways had witnessed capex utilization of Rs. 1,46,248.73 Crores. This year, Capex Utilization is approx. 33 % more in comparison to the last year’s corresponding period.

This investment is seen in various infrastructure projects like New Lines, Doubling, Gauge Conversion and enhancing passenger amenities. Safety of the passengers is paramount in Railways. Significant sum has been invested in enhancing the safety related works.

South Central Railway has witnessed approx. 83% Capital expenditure utilization in the first nine months of this Financial Year till December 2023. South Central Railway has made an expenditure of Rs. 13,690 Crores till December 2023 which is approx. 83 % of total capex budget allotment (Rs. 16,599 crores) during this financial year.

During the same period in December 2022, South Central Railway had witnessed capex utilization of Rs. 5,878 Crores. This year, Capex expenditure is approx. 43 % more in comparison to the last year’s corresponding period’s expenditure.

Shri Arun Kumar Jain, General Manager, SCR appreciated the team for the progress made in the utilisation of CAPEX during the first nine months in the current financial year and has advised to continue the meticulous planning so that project execution at each stage progresses swiftly.





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