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Highlights of KRC
KRC is the first Joint Venture promoted by RVNL.
KRC offers shorter and efficient rail route connecting Ports of Deendayal & Adani in State of Gujarat and provided vital link to Northern hinterland.
Capable to operate double stack 9'6" ISO containers over its territory from Palanpur to Gandhidham as KRC has removed all the infringements for running of Double Decker Container trains which will carry 180 containers instead of 90 per train which would save huge cost to the railways as well as the customers.
Equipped with latest technology available for mechanized maintenance of P.Way and S&T equipments and outsourced non-core activities to optimize cost of O&M in order to reduce the unit cost of operation.
Provides rail connectivity to few industrial users in Gandhidham area in order to provide seamless operation.
KRC is an excellent model of public-private partnership which has proved to be a win-win situation, both for shareholders as well as the customers. While, Indian Railways got a line in such a short time and provided a vital link between the ports in Gujarat and northern hinterland, other shareholders such as Deendayal Port and APSEZ, and Govt. of Gujarat have got tremendous advantage of getting fast rail connectivity, which will help growing their business. Rail customers have got a shorter and much faster route which provides them savings in freight. Company has been able to effectively control the project cost from Rs. 550 Crores to Rs. 500 Crores and commissioned the project successfully ahead of time.
KRC is one of the first private sector initiatives in the Rail sector in India, which is set up to convert 301 km meter gauge line from Palanpur to Gandhidham in state of Gujarat.
KRC is also providing direct rail connectivity to Kutch region thereby encouraging economic growth in the region.
KRC has 33 stations and 2 halts. It is serving two very big ports in the state of Gujarat.
KRC has three loading/unloading points - Santalpur, Adesar and Shamakhiyali.
Declaration of Dividend
KRC has issued Dividends to Shareholders just within three years of its operation @ 3% in 2008-09 and 10% in 2009-10.
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