ISLAMABAD, (UrduPoint/Pakistan Point News – July 17, 2022): The Federal Government has allocated Rs. 2300 million under the current Public Sector Development Program (PSDP) to repair about 100 diesel-electric locomotives.
The government has allocated funds amounting to Rs. 32,648.036 million for the execution of 36 ongoing and new projects of the Railway Division, an official from the ministry said.
About Rs. 26,648.036 million has been allocated for 32 ongoing projects, of which Rs. 15,974.500 million has been earmarked for the procurement and manufacture of 820 high capacity bogie freight wagons and 230 passenger carriages .
Similarly, an amount of Rs.
1000 million has been earmarked for the replacement of old and obsolete signaling equipment in the Lodhran-Multan-Khanewal-Shahdara Bagh Mainline section of Pakistan Railways.
He said, an amount of Rs. 6000 million has been kept for four new schemes, of which Rs. 5000 million would be used for the upgrading of the existing Main Line I of Pakistan Railways and establishment of a port dry near Havelian (2018-22) Phase 1, China-Pak Economic Corridor (CPEC).
An amount of Rs. 600 million would be used for the replacement of the crawler machines. Rs. 200 million allocated for the conversion of the 328 MBFRS braking system from vacuum brake to air brake.