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Undertakings
RAIL INDIA TECHNICAL AND ECONOMIC SERVICES LTD. (RITES)

RITES is a multi-disciplinary, ISO 9001-2000 certified, internationally

recognised consultancy organization in the field of transportation,
infrastructure and related technologies. It provides comprehensive
consultancy services from concept to commissioning in the fields of
railways, urban transport, urban development and urban engineering,
roads and highways, airports, ropeways, inland waterways, ports and
harbours, information technology and export packages of rolling stock
and railway related equipment.
RITES, with recognition from multi-lateral funding agencies has
experience in over 62 countries in Africa, Middle East , Latin America,
South East Asia, U.K, U.S.A. and Europe and provides a
comprehensive array of services under a single roof.
Business Operations:
Some of the important assignments undertaken in the recent past,
were:
Overseas:
• Afghanistan: Procurement facilitation services to Afghanistan
Reconstruction Development Services (ARDS) under World Bank
funded Public Administration and Capacity Building project.
• Angola: Technical assistance and supply of locomotives,
coaches, pick-up vehicles and buses, rail-cum- road vehicles, etc.
• Bangladesh: Integrated export packages for broad gauge diesel
locomotives, maintenance of metre guage locomotives and
training to railway officials.
• Botswana: Inspection of bridges on Botswana Public Highway
network and updating bridge inventory. Detailed design, material
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investigation, pre-contract services and construction supervision

for Francistown Airprot and Ramokgwebana Road Project.
• Colombia: Maintenance management services for rolling stock
for Atlantic Railways.
• Ethiopia : Detailed engineering, design review, advisory services
and construction supervision for road projects.
• Malaysia: Expert services for engineering design, construction
and project management for railway track and electrification
together with consultancy on route management system to
Malaysian Railways.
• Mozambique: RITES has been nominated as one of the
consortium members of the Beira Rail Corridor project and is
providing project management services.
• Myanmar: Supply of locomotives and coaches along with capital
spares to the Myanmar Railways; techno-economic feasibility
study of highway along River Kaladan from Indo-Myanmar border
to Sittwe Port.
• Nepal: Navigational studies on river Sapta Kosi.
• Senegal: Feasibility study for a new railway link between
Zigiuinchor and Dakar; supply of in-service diesel locomotives
and MG coaches.
• Sri Lanka: Study for restructuring and public-private partnership
in Sri Lanka Railways and training of railway personnel.
• Tanzania: Leasing of MG diesel electric locomotives and
projects for wagon rehabilitation.
In India:
• RITES is a major member of the international consortium
commissioned as “General Consultants” for the Mass Rapid
Transit System (MRTS) for Delhi.
• RITES has been entrusted with urban/regional planning
assignments in Delhi and National Capital Region. Detailed project

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reports of MRTS Phase-II, in Delhi and in other cities like Cuttack

and Bhubaneshwar, Chandigarh, Vadodara, Bangalore, etc.
• Project management consultancy for high capacity bus system
(HCBS) in Delhi. Feasibility study for rail link in NOIDA, Greater
NOIDA and Ghaziabad.
• Traffic engineering and management plan for Cannaught Place
(Delhi), traffic management and proof consultancy for IRDP
Project, Kanpur.
• Feasibility study and pre-engineering survey for dedicated freight
corridors for Indian Railways.
• Multi-modal transport study for Planning Commission.
• Development of crashworthy design of passenger coaches, self-
steering freight bogies, frame-less tank wagons, etc.
• Detailed project report and design consultancy services for
Quazigund-Baramulla railway project, design engineering services
for rail bridges in Quazigund-Baramulla line, updation study for
Rohtang tunnel and designer’s supervision of rail tunnel across
Peer Panjal in Kashmir.
• Detailed project report/technical assistance/project consultancy
for various highway projects of NHAI, PWD’s of the states of
Jharkhand, Andhra Pradesh, Chhatisgarh and Orissa.
• Bid Process Management of the ADB financed accounting
reforms project for Indian Railways, Gopalpur ports and proof
consultancy for the privatized 4-berth terminal of Kakinada port.
• Revamping of power distribution system in Uttaranchal State,
project management of HT power transmission for TNVL.
• Planning, design and construction management for married
accommodation for Ministry of Defence, Campus for National
Social Security Registry & Processing for Employees’ Provident
Fund Organization, Navodaya Schools, Inland Container Depots
and various railway sidings and infrastructure buildings.

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• Consultancy services for:

• ISO 9000, ISO 14000, QS 9000 Safety Audit and TS
16949-2002 to the public and private sectors;
• construction of aerial ropeway at Trikut & Namchi, Vaishno
Devi Shrine etc.
• Group Incentive Scheme for Charbagh and Golden Rock
Workshops, setting up of Wheel Plant at Chhapra and Harnaut
for Indian Railways.
• Feasibility study for coal transportation for NTPC, NALCO
and inland water transport study in Karnataka.
Financial Performance:
The comparative financial performance of RITES (excluding extra-
ordinary items) during the last 2 years, is as follows:

(Rupees in crores)
2004-05 2005-06
Total Turnover 240 426
Profit before tax 67.87 133

IRCON INTERNATIONAL LTD. (IRCON) :

IRCON, an ISO 9002 company, is a sectoral leader amongst public
sector construction companies in the country with specialization in
railway and highway constructions on turnkey basis. After commencing
business as a railway construction company it diversified progressively
since 1985 into roads, buildings, airport construction, cable stayed
bridges, mass rapid transit systems, other project,etc.
IRCON has accomplished projects in various countries like
Bangladesh, Iran, Iraq, Indonesia, Sharjah UAE, Jordan, Lebanon,
Malaysia, Nepal, Nigeria, Saudi Arabia, Syria, Tanzania, Turkey and
the United Kingdom.

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Projects secured in India and abroad during 2005-06:

During 2005-06, IRCON has secured many projects for the
construction of road, national highways and metro rail works. These
include widening and strengthening of existing National Highway in
West Bengal valued at Rs. 211 crore gauage conversion including
electrical works on Rewari- Ajmer section for Rail Vikas Nigam Limited
valued at Rs. 157.7 crore, construction of road over bridges in Northern
Region at a value of Rs. 75.6 crore, construction of super structure
with prestressed concrete box girders from Tollygunge to Garia for
metro Railway, Kolkata valued at Rs.17.5 crore, etc.
Presently, the company is executing the following projects:
• Quazigund-Srinagar-Baramulla and Laole-Quazigund new BG
rail link project in Jammu & Kashmir valued at Rs.3351 crores,
• Civil engineering works up to formation level (including bridges)
for Cuttak- Barang (doubling) and Rajatgharh- Barang (doubling)
for Rail Vikas Nigam Limited valued at Rs.67 crores,
• Construction of road over bridges in the State of Bihar for East
Central/Eastern Railways at a value of Rs.150.7 crores,
• Implementation of Pradhan Mantri Gram Sadak Yojana
(PMGSY) for taking up execution of rural road works valued at
Rs.183.7 crores,
• Two road projects for the state of Uttar Pradesh valued at
Rs.326.8 crores,
• Strengthening of state highway in Gujrat valued at Rs.152.8
crores.
• Three Married Accommodation Projecrts (MAP) in Allahabad,
Bhopal and Jhansi valued at Rs. 346.7 crores.
During the year IRCON completed 9 projects in India, the major
ones being MC-1B project for DMRC, doubling of MGR track for NTPC
Talcher and Mansi- Saharsa railway bridge project.

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Projects abroad:
IRCON has been awarded a turnkey project funded by Asian
Development Bank (ADB) for construction of 220kv sub-station in
Afghanistan valued at Rs.23.5 crore. At present, IRCON is executing
projects in Ethiopia, Nepal, Bangladesh, Mozambique and Malaysia.
During the year, two road projects in Bangladesh and one in Indonesia
were completed besides completion of service contracts in Brazil,
Liberia, UK and Ireland.

Financial Performance:
IRCON has paid a dividend of 260% on the paid up share capital
for 2005-06. Its comparative financial performance during the last
two years, is as follows:
(Rupees in crores)
2004-05 2005-06
Total Income /Gross Sales 1,014.4 1,112.8
Operating income 972.5 1,058.1
Profit before tax 107.8 110.9
Profit after tax 88.8 80.7
Gross margin 121.9 130.9
Net worth 777.7 829.3

INDIAN RAILWAY FINANCE CORPORATION LIMITED (IRFC):

IRFC was set up as a public limited company in December 1986,
with the sole objective of raising money from the market for meeting
the development needs of IR. Funds are raised through issue of bonds,
term loans from banks/financial institutions and through external
commercial borrowings/export credit. The Department of Public
Enterprises has rated it as “Excellent” for the 9th year in succession.
Besides making efforts to keep the cost of fresh borrowings to a
minimum, continuous review of the existing debt portfolio is undertaken
and wherever possible, refinancing and re-engineering is done to bring
down the cost.
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The company has leased rolling stock assets worth Rs.35,379.06

crores to the Ministry of Railways upto 31st March, 2006. The Ministry
has been making lease payments regularly and its outstanding liability
stands at Rs.20, 203.93 crores.
IRFC has had a consistent profit earning track record. It has so far
paid Rs.1,008 crores as dividend to the Government on the paid up
capital of Rs.232 crores. This includes an all time high payment of
Rs.150 crores for 2005-06 which includes a special dividend of Rs.75
crores.
CONTAINER CORPORATION OF INDIA LTD. (CONCOR):
Container Corporation of India Ltd. (CONCOR), a Mini Ratna
(category-I) Company, was set up in 1989 with the prime objective of
developing multi-modal transport and logistics infrastructure to support
the country’s growing international trade as well as for transportation of
domestic traffic in ISO containers by adopting latest technology and
practices. It provides responsive, cost effective, efficient and reliable
logistics solutions to its customers through synergy with its community
partners and ensuring profitability and growth. CONCOR has been
rated as “Excellent” in its MOU since 1992-93.
The mainstay of CONCOR’s business is setting up and managing
a network of Rail linked and road based Inland Container Depots/
Container Freight Stations in the country for handling export-import-
domestic cargo and transportation of export-import-domestic containers
by rail and road. Presently, CONCOR has a nation-wide network of 56
container terminals. It handled over 1.9 million Twenty feet Equivalent
Units (TEUs) during the year, registering a growth of 11.72% over
previous year. It is today the most dominant provider of logistics services
and support for both international and domestic cargo industry in India.
The Company is running CONRAJ and CONTRACK train services,
to meet specific customer requirements, particularly of large companies,
between pre-determined pairs of points with assured transit time for
timely delivery of consignments at ports/destinations and for regaining
market for piecemeal general goods cargo for rail. The Company is

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Partial view of the first double stack container train.

growing in its business and profitability based on expertise and

experience as also through Joint Ventures/Associates /Agreements/
Memoranda of Understanding. The company has also extended its
operations abroad by managing the only rail based Inland Clearance
Depot in Nepal.
CONCOR has paid a total dividend of Rs.73.80 crores for
2005-06 to the Government on its paid up capital of Rs.41 crores.
The freight payments made by it to IR stood at Rs.1280.35 crores
during the year.

Financial Highlights:
The comparative financial performance of CONCOR for the last
two years, is as follows:
(Rupees in crores)
2004-05 2005-06
Turnover 2043.33 2489.16
Net Profit as % of Turnover 20.97 21.12
EPS (in Rs.) 65.95 80.90

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KONKAN RAILWAY CORPORATION LIMITED (KRC):

The prestigious 760 kms. long Konkan Railway project was
commissioned in 1998 as the first railway project in the country to be
executed on BOT (Build, Operate and Transfer) principle. KRC was
formed with participation of the four States viz. Maharashtra, Goa,
Karnataka and Kerala along with the Ministry of Railways with Rs.8,00
crores as equity and Rs.2750 crores raised through bonds.
Some of the major achievements of KRC in 2005-06, are as follows:
Train Operations:
The gross revenue from traffic have increased from Rs.271.76 crores
in 2004-05 to Rs.340.72 crores in 2005-06. The lean manpower
profile of KRC coupled with technology has also enabled achieving
increase in the operating surplus which increased from Rs. 62.89 crores
in 2004-05 to Rs.108.14 crores in 2005-06. The World Bank has
appreciated this achievement to be treated as benchmark for others.
Safety Works:
Various special safety measures adopted by Konkan Railway on its
route are installation of inclinometers in soil cuttings for
pre-warning of a collapsing cutting, which is coupled with Raksha Dhaga
and Anti-Collision Device for warning an approaching
train. Special medium-strength and high-strength steel nets, designed
by KRC have been spread on rock cuttings to prevent boulders
from falling on the track. Other steps taken to enhance safety is
installation of rain gauges and setting up of a special seismic station at
Ratnagiri.

Engineering Projects:
KRC has been awarded the work of construction of the Katra-Laole
(90 kms.) section of Udhampur-Srinagar -Baramulla rail link of the new
railway line in Jammu & Kashmir. This is a difficult hilly terrain with
steep slopes intersected by a number of rivers. KRC has also been
assigned the construction of 14 road over bridges in the State of
Jharkhand at a cost of Rs.163.02 crores.
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New Technologies:
The project of Anti-Collision Device (ACD) Network- “Raksha
Kavach” on IR was launched on 20th January 2004. ACD was installed
for the first time on Northeast Frontier Railway on its entire BG route to
prevent collision type situations well in time.
KRC has also developed Sky Bus Metro-an economic and
eco-friendly mass rapid transportation solution. A 1.6 kms. Sky Bus
Test Track at a cost of Rs. 50 crores has been constructed at Madgaon
(Goa).
KRC has initiated action to secure global patent for ACD and has
since received Indian and South African patents . Indian patent has
also been received for Sky Bus Metro.

CENTRE FOR RAILWAY INFORMATION SYSTEMS (CRIS):

CRIS facilitates implementation of computerization projects on the
Railways. The progress achieved in the main projects undertaken by it,
is as follows :
Freight Operations Information System (FOIS):
FOIS is an on-line system for management and control of freight
movement and enables freight customers to have instant access to
information regarding the current status of their consignments in transit.
The FOIS application comprises the core module of Rake Management
System (RMS) for handling train operations and Terminal Management
System (TMS) for commercial transactions. The RMS enables live
monitoring of all freight trains giving their current position, commodity-
wise flow of freight trains for major users to have an accurate forecast of
cargo arrivals, recording and updating of detachments from block rakes
and details of rakes/wagons in various yards including their detention,
analyzing total demand for rail transport and its logical matching with
incoming rakes to minimize empty running and finding availability of
rolling stock to plan for their efficient utilization and analyzing detention
to stock in terms of rakes and wagons at various yards/terminals. 2,000

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reporting devices have been installed at more than 500 locations, which
are interlinked through Railway-owned digital microwave
communication facilities complemented by hired channels from
BSNL. Railway Receipts are being generated through the system at
many locations. CRIS has also initiated a pilot project for e-payment of
freight loaded from collieries on East Central Railway to Badarpur
Thermal Power Station in Delhi.
Passenger Reservation System (PRS):
Countrywide Network of Computerized Enhanced Reservation and
Ticketing (CONCERT) has been installed at more than 1275 locations
with around 4845 terminals handling more than 3,000 trains and more
than one million passenger transactions per day providing facility to
the passengers to book seats/berths on any train on IR from any location.
PRS Facilities Through ‘Internet’:
IR’s website www.indianrail.gov.in provides booking through
“Internet” for which Indian Railway Catering & Tourism Corporation
(IRCTC) has been given connectivity to PRS system for issue of e-
tickets. The website also answers queries regarding accommodation
availability, current status of waitlisted tickets, trains available between
important stations, train schedules, fares, etc. Mobile phone based SMS
enquiry services on availability of berths, status of waitlisted passengers
etc. have also been introduced. National Train Enquiry System (NTES)
which is accessible on www.trainenquiry.com also provides
information about the running status of any train, amenities to passengers
etc.
Unreserved Ticketing Systems (UTS):
The Unreserved Ticketing System (UTS) has been computerized
by CRIS and expanded to cover 588 stations on IR to enable passengers
to purchase unreserved tickets up to 3 days in advance from the date of
journey from any booking station to any station.

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Major Projects
CRIS has undertaken some important projects viz. Parcel
Management System for computerization of parcel at seven stations of
Delhi-Howrah corridor, Crew Management System (CMS) to provide
information regarding train crew on a real time base, Vigilance Software
System (VSS) to maintain information about vigilance cases/
complaints, Railway Budget Compilation System (RBCS) for collecting
budgetary inputs from the different zones and production units of the
IR, Railway Officer’s Information System for Deputation and Confidential
Sections of Railway Board, Loco Shed management System (LMS),
for diesel locomotive maintenance management, etc.
Training:
CRIS has launched a scheme to provide high quality training to
Indian Railway personnel at their door steps on demand and through
regular courses at four major metropolises, viz, Delhi, Mumbai, Kolkata
and Chennai to build an IT enabled workforce to carry forward IT
initiatives in right earnest.

Passenger reservation counters at Bhubaneshwar station.

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INDIAN RAILWAY CATERING AND TOURISM

CORPORATION LTD. (IRCTC):
IRCTC registered all-round growth in all its business segments. Brief
details of the achievements during the year were as under:
Catering Services:
• Awarded 97 contracts for on-board catering services on trains.
Catering Services on 13 Rajdhani, 13 Shatabdi, 16 Janshatabdi
and 152 Mail/Express trains were operational as on 31st
March, 2006.
• Awarded 24 contracts for automated vending machines for sale
of hot and cold beverages at Pune, Churchgate, Ratlam, CRH
Byculla, Mumbai Central , Dadar and Mumbai VT Railway
Stations.
• Opened 5 food plazas at stations taking the total tally of
operational food plazas to 37. Also awarded licenses for two
food plazas at Vijayawada and Coffee Plaza at Chennai Central
station during the year.
Income from catering services during the year was Rs.118.93 crores
as compared to Rs.50.91 crores during the previous year.
Rail Tourism:
To promote rail tourism, IRCTC in association with travel and
tourism industry undertook 136 full train charters, booked 655 berths
under value added tours, operated 5 village on wheels (Bharat Darshan)
trains, 8 Kalka–Shimla trains and 6 train charters on Nilgiris. Income
from package tours was Rs.6.26 crores during the year. In the hospitality
sector, IRCTC has taken over management and operation of BNR hotels
at Puri and Ranchi and Rail Yatri Niwas at Howrah and New Delhi.
Internet Ticketing System:
During the year, the value of total tickets booked through the
website of IRCTC www.irctc.co.in has gone up to Rs.229.30 crores
as against Rs.124.13 crores during the previous year. The facility of

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booking tickets through Internet was extended to 203 cities across the
country.
During the year, the Corporation has also introduced the e-ticketing
scheme for frequent rail travellers, booking of Mumbai Central suburban
train tickets (Season Pass) through internet, etc.
Income from Internet ticketing registered a quantum improvement
from Rs.5.84 crores during the previous year to Rs.11.37 crores during
the year.
IRCTC has recorded a turnover of Rs.172.93 crores during the
year as against Rs.75.94 crores during the previous year from catering
business.

RAILTEL CORPORATION OF INDIA LTD. (RailTel):

The company was incorporated in the year 2000 to modernize IR
communication systems for safe and efficient train operation and to
generate revenue through commercial exploitation of the system. It is
poised to emerge as a national level operator in the telecom sector by
using Railways’ right of way on about 63,000 route kms. for by creating
an Optic Fibre Cable (OFC) network.
With 28,871 kms OFC network along the railway track and high
bandwidth POPs at more that 2530 stations, RailTel has modernized
train control and emergency communication system of IR. RelTel has
also connected railways’ electronics telephones exchanges at E1 level
to provide seamless railway STD services. A total of 22,822 route
kms. of STM-16 and 1,128 route kms. of STM-4 system has been
commissioned over IR to improve efficiency levels.
RailTel have set up cyber cafés/internet kiosks at 5 stations to
provide facility of high speed internet browsing, e-mail, audio video
chatting, video conferencing, IP telephony. Integrated Train Enquiry
System (Call Centres) at Patna and Bangalore have also been set up.
RailTel’s sales revenue was Rs.62.69 crores during 2005-06 as
against Rs.34.46 crores in the previous year.

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RAIL VIKAS NIGAM LIMITED (RVNL):

RVNL has been set up to execute projects with a view to
strengthening the golden quadrilateral and its diagonals and to augment
port connectivity under National Rail Vikas Yojya launched by the Govt.
of India. Its main objectives are to undertake project development,
financial resource mobilization and execution of projects on a
commercial format using largely non budgetary funds.
RVNL is focusing on fast execution of gauge conversion projects
for establishing shorter route to the ports in Gujarat. Similarly, a new
corridor to connect iron ore mining area of Banspani/Daitari with
Paradeep Port is being established by constructing a new line.
With an authorized capital of Rs.3,000 crores and a paid-up capital
of Rs.950 crores, RVNL has broadly identified the models for
implementations of 47 projects by adopting the Public Private
Partnership (PPP) funding model in a number of projects.
Out of total 47 projects, 39 have been sanctioned including one
project which has been declared as Private Port Railway. Funding of
35 projects has already been tied up. During 2005-06, RVNL has
completed 114 kms. of doubling, 430 kms. of gauge conversion and
458 kms. of railway electrification. Some of the important projects,
under execution include second bridge over river Mahanadi near
Cuttack, doubling of Panvel to Jawaharlal Nehru Port in Mumbai, gauge
conversion of second line on various sections like Delhi-Rewari, Pakni-
Sholapur, etc.
A year-wise action plan has been charted out for execution of all
assigned projects. Completion of various projects being undertaken by
RVNL will result in enhancement of line capacity on the golden
quadrilateral and port connectivity.

PIPAVAV RAILWAY CORPORATION LIMITED (PRCL):

PRCL, a joint venture company of Ministry of Railways and Gujarat
Pipavav Port Ltd. (GPPL) with equal equity participation has been
constituted to execute the Surendranagar-Rajula-Pipavav Port gauge
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conversion/new line project. This is the first railway infrastructure

executed through private sector participation with concessionaire rights
to construct, operate and maintain this project line for 33 years.
During the year, PRCL handled 1023 trains including 802 container
trains and transported 1.57 million tonnes of cargo yielding an
apportioned earnings of Rs. 18.98 crores. First double stacked container
train was run from Jaipur to Pipavav on 23rd March 2006. 9 pairs of
passenger trains are also running on different sections of Pipavav
Railway.
PRCL has also been granted permission to run container trains on
rail corridors serving the ports of Pipavav, Mundra, Chennai, Ennore,
Vizag and Kochi and their hinterlands.

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