Zetwerk aims to capitalize on the opportunities presented by the government's capital expenditure plans.

Nishant Goel, Business Head - Railways, Zetwerk How do you track the growth scenario of the Railways/Metro rail sector? Over the past decade, the Railways and Metro sector has witnessed remarkable growth. The expansion of the metro network has been extraordinary, with a three-fold increase, now covering all Tier 1 and major Tier 2 cities.

Zetwerk aims to capitalize on the opportunities presented by the government's capital expenditure plans.
Nishant Goel-Zetwerk

Nishant Goel,

Business Head - Railways, Zetwerk

How do you track the growth scenario of the Railways/Metro rail sector?

Over the past decade, the Railways and Metro sector has witnessed remarkable growth. The expansion of the metro network has been extraordinary, with a three-fold increase, now covering all Tier 1 and major Tier 2 cities. The operational route currently spans 832.51 kilometres, while nearly 500 kilometres are under construction. In addition, there is a strong emphasis on enhancing the urban transport infrastructure through the implementation of Rapid Rail Transit systems. The government has demonstrated its commitment to this objective through investments and various initiatives, including the establishment of the Haryana Orbital Rail Corridor.

In the realm of the Railway network, the National Rail Plan (NRP) is poised to revolutionize our railway system and meet the projected demand until 2050. The plan aims to prepare the infrastructure by 2030, employing proactive planning to surpass the existing capacity. It envisions billions of people utilizing railway transport on an annual basis. To accomplish this ambitious goal, the government has consistently increased the allocated capital expenditure for railways. Notably, this year's Union Budget has set aside a substantial amount of Rs 2.4 lakh crore to kick start the process. This funding will facilitate the decongestion of tracks through the addition of new lines, the doubling and tripling of existing railway lines, the standardization of gauges to streamline train operations, the introduction of modern trains like Vande Bharat, and an increase in the number of wagons and locomotives to support a 45% increase in freight transport capacity. Furthermore, terminal infrastructure improvements are planned to accommodate the surge in passenger movement, including comprehensive station redevelopment programs. This holistic approach not only relieves congestion but also creates a traveler-friendly ecosystem by integrating modern passenger amenities and services.

 

The government has allocated a record Rs 2.4 lakh crore for Railways in the Union Budget. What further developments do you look forward to for railways?

Over the past three years, the railways in India have experienced a remarkable resurgence and unprecedented growth, with no signs of slowing down until the entire country is fully upgraded and effectively interconnected. Already ranking as the fourth largest railway network in the world, the sector has received its highest-ever allocation of Rs 2.41 lakh crore, enabling equitable distribution of funds for comprehensive development across all areas. The government has initiated several significant projects to facilitate this holistic growth.

One noteworthy project is the high-speed rail program, aimed at revolutionizing rail travel in the country. Additionally, the Amrit Bharat Station Redevelopment initiative focuses on the redevelopment of railway stations and infrastructure to enhance passenger experience and efficiency. The establishment of dedicated freight corridors and the decongestion of the existing network through the addition of new lines, doubling, and tripling of railway lines are also key endeavors to improve overall railway operations.

Furthermore, there are plans for gauge conversion projects, yard remodelling, and workshop development to further enhance the railway infrastructure. The augmentation of locomotives and wagons will support the increasing passenger and freight traffic, ensuring smooth operations and improved capacity.

In these initiatives, Zetwerk has emerged as a major contributor, leveraging its excellent project execution capabilities. One such project currently being executed by Zetwerk is the redevelopment of Kota Station, a significant undertaking in the railway sector.

 

How do you visualize the emerging opportunities for players like Zetwerk in railways/high-speed rail and metro segments?

We find the emerging opportunities in the railways and high-speed rail, as well as the metro segment, highly appealing. The commitment of a significant capital expenditure (Capex) in the railways sector, as seen in the budget and National Rail Plan, is aimed at various crucial aspects. These include the construction of new lines, reducing congestion on existing lines, converting narrow gauge to broad gauge, enhancing freight transportation through dedicated freight corridors, and modernizing railway stations under the Amrit Bharat scheme to boost station revenue. These initiatives are expected to result in the announcement of large-scale projects, presenting a substantial opportunity for Zetwerk and other engineering, procurement, and construction (EPC) players to contribute.

Zetwerk's strategy involves further expanding its presence in its existing areas of business, such as the construction of railway lines, bridges, and railway stations. Additionally, we plan to become a significant player in the urban transport infrastructure segment. This includes projects related to the construction of metro stations and associated works, the implementation of ballastless tracks, and the construction of high-speed rail corridors.

With a proactive approach and a focus on these sectors, Zetwerk aims to leverage the potential of these opportunities and contribute to the development of critical transportation infrastructure in the country.

 

What are the latest initiatives of the company in railways and metros?

Moving forward, Zetwerk has strategic plans to immerse itself in segments that are currently experiencing significant government capital expenditure. This includes ventures related to new line construction, gauge conversion, yard remodelling, and workshop development, among others. We intend to collaborate with various zonal railways, undertaking projects across the entire nation.

Moreover, Zetwerk is eager to venture into the execution of urban transport infrastructure projects. This encompasses the construction of metro stations, high-speed rail corridors, and the implementation of Rapid Rail Transit systems. By expanding our scope to these areas, we aim to contribute to the development of efficient and sustainable transportation networks.

Through these endeavors, Zetwerk aims to capitalize on the opportunities presented by the government's capital expenditure plans and play a significant role in the growth and advancement of both traditional railway infrastructure and modern urban transport systems.

 

How is technology evolving in railways/metro segments?

The railways and metro industry continuously embraces technological advancements to enhance safety, passenger experience, and overall efficiency. Several key areas are witnessing notable progress:

Automatic Train Protection System (Kavach): Developed indigenously by Indian Railways, Kavach comprises electronic devices and RFIDs installed in locomotives, tracks, railway signaling systems, and stations at regular intervals. This system constantly monitors train movement and transmits signals to locomotives, providing assistance during adverse conditions.

Communication and Signaling: Modern railways and metros are adopting digital communication and signaling systems. These systems enable real-time communication between trains and control centers, facilitating better coordination, accurate scheduling, and enhanced safety. Advanced signaling technologies like Communications-Based Train Control (CBTC) are employed to increase train capacity, reduce headways, and optimize operational efficiency.

Passenger Information System: Railways and metros are implementing passenger information systems to provide real-time updates on train schedules, delays, and platform information, ensuring effective communication with passengers.

Passenger Safety and Security: Notably, major metro stations in India have implemented platform screen doors or edge doors, a commendable measure to enhance passenger safety at stations.

Ticketing Systems: Traditional paper-based tickets are being phased out and replaced by smart travel cards, mobile ticketing applications, and digital payment options, offering convenience and efficiency to passengers.

These technological advancements reflect the industry's commitment to improving various aspects of rail travel, from safety and security to communication and ticketing. By leveraging these advancements, railways and metros aim to provide a seamless and enhanced experience for passengers while maintaining the highest standards of efficiency and safety.

 

What is your outlook on railways/metro as a greener transportation medium in the future?

As global CO2 emissions continue to rise at an alarming rate, it has become crucial to prioritize optimization within the transportation sector. This sector alone accounts for approximately a quarter of these emissions and a substantial portion of overall oil demand. In this context, Railways and Metro systems offer a glimmer of hope by providing a means of transportation capable of carrying large volumes and heavy loads while consuming relatively less energy. The ongoing electrification of railway lines is aimed at reducing reliance on limited oil and gas resources.

Furthermore, the development of high-speed rail networks presents a promising alternative to road travel and domestic air transport. Railways offer sustainable and environmentally friendly solutions to meet the transportation needs of a continuously expanding population. They play a crucial role in alleviating congestion and combating air pollution. Additionally, railways provide a viable transport option even for individuals residing in remote areas, contributing to enhanced accessibility and connectivity.

By prioritizing railways and metro systems as sustainable modes of transportation, we can work towards mitigating the adverse effects of increasing CO2 emissions, fostering a greener and more sustainable future for transportation.

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