Office Order 01 of 2017 Approval of Railway Projects

 

Approval of Railway Projects - Office Order No 01 of 2017 

•  Click here for OO 01 of 2017   (Authority: Ministry of Finance modified OM No. 24(35)PF-II/2012 dated 05.08.2016 

 

• Procedure for Appraisal and approval of New Public funded Projects in IR 

Delegation of Powers

Cost of the Project	IPA - In Principal Approval	Appraised by	Approved by
Up to Rs.100 Crores	Member Finance	Member Finance	Chairman & CEO, Railway Board
Rs. 100 Crores to Rs.500 Crores	Member Finance	Railway Board	Minister of Railways (after being examined and recommended by the RB)
Rs. 500 Crores to Rs.1000 Crores	Member Finance	NITI Aayog, Expanded Board for Railways chaired by CRB & CEO	Minister of Railways
Rs. 1000 Crores & above	Member Finance	NITI Aayog, EBR - Expanded Board for Railways chaired by CRB & CEO	CCEA - Cabinet Committee on Economic Affairs

• Projects costing Rs. 50 Crores and above  - Preparation of DPR - Detailed Project Report is mandatory before they are processed for sanction of the competent authority. 

 

• In Simple, All projects irrespective of cost - IPA - In Principal Approval by Member Finance

 

• Rs. 100 Crores to Rs. 1000 Crores - Approval by Minister of Railways.  Less than Rs.100 Crores - CRB & CEO and More than 1000 Crores - CCEA