Chittaranjan Locomotive Works Announces Capital Investment Plan for 2024-25
Chittaranjan Locomotive Works (CLW), a leading locomotive manufacturing unit, has unveiled its capital investment plan for the fiscal year 2024-25. The plan encompasses various projects aimed at enhancing infrastructure, production capacity, and staff welfare.
The detailed breakdown of the capital investment plan is as follows:
- Track Renewals: An allocation of 2,02,00 thousand Rupees has been made for track renewals, including 2,00,00 thousand Rupees from the S.Fund and 2,00 thousand Rupees from RRSK.
- Other Electrical Works, incl TRD: A significant investment of 7,66,60 thousand Rupees is dedicated to various electrical works, including TRD, with 4,00,50 thousand Rupees from the S.Fund.
- Machinery & Plant: CLW plans to invest 4,55,43 thousand Rupees in machinery and plant, ensuring technological advancement and efficiency.
- Workshops including Production Units: The workshops, including production units, are set to receive an investment of 6,00,00 thousand Rupees, contributing to the overall manufacturing capabilities.
- Staff Welfare: A sum of 3,66,28 thousand Rupees has been allocated for staff welfare initiatives.
- Other Specified Works: An investment of 2,08,20 thousand Rupees is designated for various specified works.
The total gross capital investment for 2024-25 is projected to be 5,614,99,93 thousand Rupees. Credits or recoveries are estimated at 6,318,12,00 thousand Rupees, resulting in a net plan outlay of -703,12,07 thousand Rupees.
Assets-Acquisition, Construction, and Replacement for 2024-25:
- Chittaranjan – CTR(S) Track Renewal: An investment of 2,00,00 thousand Rupees is made for the renewal of Chittaranjan – CTR(S) track, including contributions from S.Fund, RRSK, and others.
- Chittaranjan – TTR Track Renewal: Track renewal for Chittaranjan – TTR is allocated 2,00,00 thousand Rupees, with contributions from S.Fund, RRSK, and other sources.
- Augmentation of Power Supply Installations: CLW plans to augment power supply installations, with an investment of 6,00,00 thousand Rupees for the umbrella work of 2019-20.
- Removal of Overhead Transmission Line: The removal of the overhead 11/33 kv transmission line is allocated 2,24,00 thousand Rupees for the project.
- Works Costing Below Rs. 2.5 Crore Each: Multiple smaller projects, each costing below Rs. 2.5 crore, are planned, with a total investment of 3,66,00 thousand Rupees.
The capital investment plan also includes provisions for the augmentation and modernization of production units, improvement of staff quarters, and other infrastructural developments.
This comprehensive plan underscores CLW’s commitment to technological advancement, production efficiency, and employee welfare, positioning the organization for sustained growth in the railway manufacturing sector.