Friday, February 25, 2011

Dedicated Frieght Corridors Project Moving Ahead as Per Schedule

The Dedicated Freight Corridors (DFC) project of the Railways is moving ahead as per schedule and will be completed by December, 2016. Presenting the Railway Budget for 2011-12 here today, the Minister of Railways, Mamata Banerjee said that the main loan agreement for phase I of Western Corridor of DFC with Japan International Cooperation Agency (JICA) has been signed and bidding process for civil and track work has commenced. For the Eastern Corridor, the appraisal by World Bank for Khurja-Bhaupur section would be carried out next month. The Railway Minister announced that work from Dankuni end on the Eastern Corridor has also started.

Stating that land is a sensitive issue, the Minister of Railways said that in order to reduce the number of land losers, efforts have been made to bring the alignment of the DFC parallel to the existing railway network, thereby using 12,000 acres from railways’ own land bank. This has reduced the requirement of land acquisition by 2,718 acres resulting in a saving of about Rs. 300 crore, she said.

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