At a high-level meeting chaired byChhattisgarh Chief Minister Raman Singh, it was decided to set upthe 180 km eastern rail corridor and 122 km east-west corridor through aspecial purpose vehicle (SPV).
The state government would co-own the SPV along with the Railway Board and South Eastern Coalfields (SECL). The above projects would be implemented under the Rail Corridor project.
The railways would hold a 26 percent stake while Chhattisgarh government's share would be around 8-10 percent in the project. The rest would be borne by the SECL.
The eastern corridor is proposed along the Bhupdevpur-Gharghoda-Dharamjaigarh-Korba and Gharghoda-Dongamauha routes, with an approximate length of 180 km and would shape up at a cost of around Rs 2,000 crore.
The east-west corridor would be constructed on the Gevra road-Deepika-Katghora-Sindurgarh-Pasan-Pendraroad section, on an estimated 122 km stretch at a cost of around Rs 863 crore. The inspection of the total 122 km route has been done for the purpose.