​​ Mode of Project Implementation

RVNL is implementing rail projects primarily through following models:

• Formation of Project Specific SPVs having equity and debt financing.
• Build Own Transfer (BOT) route, wherein the entire financing is arranged by the private developer through equity and debt route.
• Private Railway, wherein the project is funded as part of the port project.
• Projects are implemented either through the construction units of Zonal Railways or by award of EPC contract by RVNL and funds are raised by RVNL directly

The following projects have been implementated through creation of Project specific Special Purpose Vehicle (SPVs) having equity participation by both strategic and financial investors.

• Gandhidham – Palanpur Gauge Conversion (Gujarat)
• Bharuch – Samni – Dahej Gauge Conversion (Gujarat).
• Obulavaripally-Phase-I Venkatachelam – Krishnapatnam New Line (Andhra Pradesh)

• Haridaspur – Paradeep New Line & RE (Orissa)
• ​​​Angul - Sukinda New Line & RE(Orissa)

The project implementation through BOT Model requires financing and construction of the project by the private developer. RVNL will pay Access Charge to the developer for a fixed period of time. In case of EPC contracts, the financial resources will be raised by RVNL and the private firms will undertake construction. The following projects are identified:

• Delhi – Rewari Gauge Conversion of 2nd Line (Orissa)
• Rewari – Phulera – Ajmer Gauge Conversion
• Junction Cabin – Palwal 4th Line
• Thanjavur – Villupuram Gauge Conversion
• Daund – Gulbarga Doubling
• Punskura – Kharagpur 3rd Line
• Bhildi – Samdari Gauge Conversion
• Panvel – JNPT Doubling
• Bhopal – Bina 3rd Line
• Daitari – Banaspani New Line and Banaspani-Jakhpura RE
• Pakni – Solapur Doubling
• Pakni – Mahol Doubling
• Palwal – Bhuteshwar 3rd Line
• Cuddalore – Salem Gauge Conversion (Tamil Nadu)
• Diva - Kaylan doubling of 5&6 Line
• Gurup - Shaktigath:3rd Line
• New Delhi -Tilak Bridge:5th & 6th Line
• Attipattu-Korukkupettai 3rd Line
• Balapalle-Pullampet:Phase-1 of Gooty-Renigunta Doubling
• Kharagpur/Nipmura-Bhubaneshwar including branch line of Talcher-Cuttack-Paradip
• Bhubaneshwar-Kottavalasa
• Jakhpura-Haridaspur 3rd Line Doubling
• Tikiapara-Santragachi
• Panskura-Haldia Phase-I
• Barauni-Tilrath Bypass Doubling
• Hospet-Guntakal
• Salka Road-Annuppur Doubling
• Panskura-Haldia Phase-II​

• Vallarpadiam - Idapalli New Line (Kerala)
• Projects being implemented through ADB Funding
• Talcher-Cuttak-Paradeep Doubling with Second Bridge over river Mahanadi at Birupa.
• Gooty – Renigunta Patch Doubling
• Bilaspur – Urkura 3rd Line
• Rajatgarh – Barang
  
• Cuttack – Barang Doubling
• Khurda – Barang 3rd Line
• Aligarh – Ghaziabad 3rd Line
• Raichur – Guntakal Doubling
  
• Renigunta – Guntakal Railway Electrification
• Pune - Guntakal Railway Electrification
• Pattabiram-Tiruvallur 4th Line & Tiruvallur-Arakkonam 3rd Line Doubling