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Craftsmanship and a lucrative deal: Lohani joins hands with infra giant GMR

By Rakesh Ranjan- 25 Jul 2020
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After 19 months of his retirement as Chairman of the Railway Board (CRB), 1980-batch IRSME officer Ashwani Lohani finally joined GMR Group’s Services Business (which includes railways) as chief executive officer (CEO). The uniqueness of his experience is that he headed Air India as CMD twice. It is his craftsmanship that riding high on his 'Mr Clean' image Lohani always earned him top positions across sectors.  

Immediately after his retirement as CRB Lohani was swift in switching from Delhi to Andhra Pradesh to grab a cabinet rank post as Chairman of Andhra Pradesh Tourism Development Corporation (APTDC). It is not just a coincidence that Lohani got into Andhra based GMR during his stint as APTDC Chairman under AP Chief Minister Jagan Reddy. It is Lohani's clean image and craftsmanship that he always rained at the top be it Chairman Railway Board, Air India CMD and later as Chairman AP Tourism Development Corporation. 

With Lohani onboard GMR aims at grabbing private train projects, station redevelopment plans and dedicated freight corridors (DFC).

GMR’s railway division entered into the railway business only in 2013-14 and won two Rail Vikas Nigam Limited (RVNL) projects in Andhra and UP. In 2014-15 GMR earned four key projects on the Eastern Dedicated Freight Corridor Corporation (DFCC) in UP worth Rs 7,361 crore.

GMR was one of the 16 companies that participated in the pre-bid conference for running 151 private trains across the country with an investment of around Rs 30,000 crore. Further, it is also aimed at having a fair share of work in the third dedicated East Coast Freight Corridor between Kharagpur and Vijaywada costing more than Rs 50,000 Crore funded by the World Bank.

With Railway planning to bid out large tenders for electrification under the EPC model by 2021, the potential opportunity size is Rs 36,000 Crore. Mega-project of station redevelopment of 400 stations is another area that offers massive opportunities which has the potential of investments to the tune of around Rs 1 trillion.

People in power corridors say that joining hands with GMR looks a lucrative deal for both; the employer and the employee.

(By Rakesh Ranjan)

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