Alan Kelly words didn't sound really positive in terms of securing much needed funding for the line. To be fair to Iarnród Éireann it has introduced services and laid parts of new track along the line. The real problem is it will never be as fast as the Bus and motorway or as cheap, and i doubt any more improvements will be a high priority than other projects. Without people in Nenagh using it though they will just have probably pumped money into a black hole.
http://www.tipperarystar.ie/news/business/group_to_examine_reopening_disused_rail_lines_for_ tourism_1_2797290