Railway Budget

24 Feb 2010

IFCI Financial Services Limited

Corporate Office: 'Continental Chambers', III Floor| 142, Mahatma Gandhi Road |Nungambakkam | Chennai - 600 034 | Tel: +91-44-2830 6600 | Fax: +91-44-2830 6650
Mumbai Office: 2B(1), Gr. Floor, Film centre | 68, Tardeo road, Mumbai Central| Mumbai - 400 034 | Tel: +91-22-4333 5111
E-mail: sales@ifinltd.in | Website: www.ifinltd.in
 Railway Budget
24 Feb 2010

Key highlights 1/4

Expansion of Rail Lines

• Railway lines to be laid down- 1,000 kms. Allocation of funds for setting up new lines is Rs 44 bn.

Key Beneficiaries: Kalindi Rail (EPC player), SAIL (railway tracks), Siemens (signalling systems)

Introduction of New Trains

• To launch 10 more Duranto trains and 54 new passenger trains

• Plans to introduce 101 new suburban trains in Mumbai

Key Beneficiaries: BHEL, Siemens, BEML, Jessop (Unlisted)

Addition of Railway Wagons

• During FY11, addition of 18,000 wagons are expected to be procured

Key Beneficiaries: Titagarh, Texmaco contd..

IFCI Financial Services Limited

Corporate Office: 'Continental Chambers', III Floor| 142, Mahatma Gandhi Road |Nungambakkam | Chennai - 600 034 | Tel: +91-44-2830 6600 | Fax: +91-44-2830 6650
Mumbai Office: 2B(1), Gr. Floor, Film centre | 68, Tardeo road, Mumbai Central| Mumbai - 400 034 | Tel: +91-22-4333 5111
E-mail: sales@ifinltd.in | Website: www.ifinltd.in
 Railway Budget
24 Feb 2010

Key highlights 2/4

Infrastructure Development
• To set up 6 bottling (drinking water) plants via PPP

• Construction of multi-functional complex at new 93 identified railway stations (Via PPP).

• Announced new scheme “House for all Railway Staff” for 14 lakh employees in the next 10 years.

• To set up 381 diagnostic centres, 101 secondary hospitals and 522 multi-functional hospitals and multi level parkings.

Key beneficiary : ION Exchange, Other construction players

• To provide electrification to 1000 kms line

• Plans to set up 5 new wagon factories

Key Losers : Texmaco, Titagarh Wagon

contd..

IFCI Financial Services Limited

Corporate Office: 'Continental Chambers', III Floor| 142, Mahatma Gandhi Road |Nungambakkam | Chennai - 600 034 | Tel: +91-44-2830 6600 | Fax: +91-44-2830 6650
Mumbai Office: 2B(1), Gr. Floor, Film centre | 68, Tardeo road, Mumbai Central| Mumbai - 400 034 | Tel: +91-22-4333 5111
E-mail: sales@ifinltd.in | Website: www.ifinltd.in
 Railway Budget
24 Feb 2010

Key highlights 3/4

• Continued emphasis on passenger safety & setting up of integrated security system at railway stations.

• Anti-collision devices and better traffic signalling systems to be installed on 828 kms track lines.

Key beneficiary: Kernex Microsystems, Siemens, Zicom.

• Freight - UNCHANGED. However, freight on food grain and kerosene cut by Rs 100/wagon

Key beneficiary: REI Agro, Kohinoor Foods, Usher Agro, KRBL.

• To continue to encourage private operation of freight terminals.

• To start premium service of container movement

• To start premium service of container movement

• RFID technology to be used for freight transport

Key beneficiary: Concor, Gateway Distriparks, Bartronics.

IFCI Financial Services Limited

Corporate Office: 'Continental Chambers', III Floor| 142, Mahatma Gandhi Road |Nungambakkam | Chennai - 600 034 | Tel: +91-44-2830 6600 | Fax: +91-44-2830 6650
Mumbai Office: 2B(1), Gr. Floor, Film centre | 68, Tardeo road, Mumbai Central| Mumbai - 400 034 | Tel: +91-22-4333 5111
E-mail: sales@ifinltd.in | Website: www.ifinltd.in
 Railway Budget
24 Feb 2010

Key highlights 4/4

Railway numbers at a glance

• Target freight for FY10-11: 944 Mn Tonnes (FY09 -10 : 890 Mn Tonnes).

• Proposed plan outlay of Rs 414 bn.

• FY11 Gross budgetary support: Rs 158 bn

• FY11 Gross traffic receipts: Rs 948 bn

• Funds to be raised during FY11: Rs 100 bn to 200 bn

IFCI Financial Services Limited

Corporate Office: 'Continental Chambers', III Floor| 142, Mahatma Gandhi Road |Nungambakkam | Chennai - 600 034 | Tel: +91-44-2830 6600 | Fax: +91-44-2830 6650
Mumbai Office: 2B(1), Gr. Floor, Film centre | 68, Tardeo road, Mumbai Central| Mumbai - 400 034 | Tel: +91-22-4333 5111
E-mail: sales@ifinltd.in | Website: www.ifinltd.in
 Railway Budget
24 Feb 2010

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IFCI Financial Services Limited

Corporate Office: 'Continental Chambers', III Floor| 142, Mahatma Gandhi Road |Nungambakkam | Chennai - 600 034 | Tel: +91-44-2830 6600 | Fax: +91-44-2830 6650
Mumbai Office: 2B(1), Gr. Floor, Film centre | 68, Tardeo road, Mumbai Central| Mumbai - 400 034 | Tel: +91-22-4333 5111
E-mail: sales@ifinltd.in | Website: www.ifinltd.in