RSS Feeds Forgot Password | Register
Railways | February 20, 2013
#31536

Govt may raise allocation to freight corridor projects

Reports indicate that the government may increase budgetary allocation for the two dedicated freight corridor projects in the forthcoming railway budget for 2013-14.

   

According to media reports, the railways may get around Rs 8,000-10,000 crore more in government support from last year’s Rs 24,000 crore, though it had sought as much as Rs 45,000 crore.

   

It is learnt that over 80 per cent of the land acquisition for both the western and eastern corridors is completed. Eighty per cent of the entire alignment of the eastern corridor is parallel to the existing track.

   

Dedicated Freight Corridor Corporation (DFCC) has begun work on one stretch of the eastern corridor. DFCC recently awarded a Rs 3,300-crore contract to Tata-Aldesa for a 343-km double-track between Kanpur and Khurja in the same corridor.

   

The Indian Railways (IR) is already working on a 66-km stretch of the New Karwandiya-Durgawati section of the Sonnagar-Mughalsarai stretch (122 km) of the eastern corridor. It is to be commissioned by December, reports indicate.

   

The World Bank approved $975 million (Rs 5,270 crore) for the first phase of DFCC , a design-build contract with the work to be done within four years.

Advertise Here [670 W x 90 H pixels]
Subscribe Project Reporter
  • Sector News

  • Latest News

  • 20 Dec 2014

    NMRC finalises 21 station for Greater Noida metro project

    read more
  • 16 Dec 2014

    Centre approves proposal to ensure quick transfer of land owned by government departments and PSUs for metro rail projects

    read more
  • 05 Dec 2014

    IRB Infrastructure gets provision certificate for Pathankot Amritsar BOT Project

    read more
  • 05 Dec 2014

    MMRDA approves two metro corridor project for Mumbai

    read more
  • 05 Dec 2014

    GOI gives nod to monorail project in Chennai

    read more
  • 18 Nov 2014

    Telangana government plans to take up road development in a big way

    read more
  • 04 Jan 2015

    PM stresses on improving quality of urban governance...

    read more
  • 04 Jan 2015

    Government to build industrial corridors and smart cities...

    read more
  • 04 Jan 2015

    AP to seek Rs 2,000 crore under Swachh Bharat scheme...

    read more
  • 04 Jan 2015

    BHEL gets 1x800 MW Kothagudem power project...

    read more
  • 04 Jan 2015

    BHEL, HSL and Midhani comes together to bid for submarine project...

    read more
  • 04 Jan 2015

    Develop new airports in Arunachal Pradesh: Thangwang Wangham...

    read more
|
Advertise Here [728 W x 90 H pixels]