Feasibility Study Completed for the following Projects :-
I. Pre feasibility report of Ahmedabad – Rajkot Semi High Speed
II. Gauge Conversion Of Katosan Road – Becharaji – Ranuj (65 KM)
III. Conversion to MSIL from Becharaji (2.5 KM)
Metre Gauge to Broad Gauge along with New MSIL BG Siding at Becharaji with 25 KV AC Electrification in Ahmedabad Division of Western Railway
IV. Surat-Kosad- New Sanjali(DFC Station) -30 kms/ Gothangam-Panoli (29 Kms)
Traffic cum Financial Feasibility study completed by consultants Etude Services with project IRR coming at 14.72% .G-RIDE has approached Railway Board to accord in-principle approval to G-RIDE for execution of this project by forming a project SPV under 60:40 D/E Model with 10% Inflated Mileage with GoG and MoR being principle equity holders in proportion of 51:49.
V. Arnej – Tarapur (45.62 kms) & Sanand-Moraiya (8.5 Kms) New BG line Project On Bhavnagar & Vadodara Division of Western Railway, Gujarat
Feasibility cum Bankability study completed by Consultants E&Y LLP. qG-RIDE has approached Railway Board to accord in-principle approval to G-RIDE for execution of this project by forming a project SPV under 100% Equity Model with GoG and MoR being principle equity holders in proportion of 51:49.
VI.Vayor-Koteshwar (44Km) New BG Line Project
G-RIDE Consultants M/s. Aarvee has conducted financial viability of entire project of Bhuj-Naliya-Vayor-Koteshwar (164.76Km) as a single project on JV Model. Keeping in view Project IRR for combined project at 8.57%, G-RIDE is approaching Railway Board to explore the possibilities to undertake the entire project either through existing Project SPV (with RITES, Shapoorji-Pallonji and PCM Cements as existing Stakeholders) or by formation of new Project SPV with G-RIDE being one of the stakeholders with minimum 26% equity stake.