K-Rail: Two minimum fares in DPR casts doubt on projected revenue from SilverLine

By KR Prahladan

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Representative Image | File Photo - AP

Kottayam: Detailed Project Report (DPR) of K-Rail’s SilverLine semi high-speed rail, readied by Systra, contains two different minimum fares for travel.

In one place, it mentions the minimum rate as Rs 2.75/km while the rate cited while estimating revenue generation is Rs 3.91/km.

Many have already questioned the numbers, especially the projected expense and the income, in the DPR. There is also a doubt about whether the two estimates were readied separately.

If the revenue is estimated based on the lower minimum fare in the DPR, then it will be Rs 1,602 crores during the 2025-26 period. On the other hand, if it is the other rate is considered for the estimation, then the revenue will be Rs 2,276 crores.

Meanwhile, the report also estimates that the minimum fare will be Rs 3.58/km after five years of operation. According to that, revenue will be Rs 2,451 crores. But for that period report estimates the revenue as Rs 4,504 crores by considering the rate at Rs 6.58/km.

Similarly, the minimum fare for the 2041-42 period is Rs 7.20/km. According to that, the revenue should be Rs 6,926 crores. However, by considering the rate as Rs 10.77/km, the revenue has been estimated as 10,361.

It is important to note that the difference may be an inadvertent error. Earlier, it came to light that the number of estimated passengers in primary and final versions of DPR had a huge difference.

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