The World Bank has sanctioned a loan of $1,100 million for the construction of a 393-km double line on the Mughalsarai-Bhaupur section of the Eastern Dedicated Freight Corridor project.
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DFCC awards Rs 33 bn project
Dedicated Freight Corridor Corporation has issued letter of intent for the Rs 3,300 crore contract to set up rail track between Bhaupur and Khurja in U.P. to a consortium of Tata Projects and Spanish firm Aldesa. The consortium is expected to begin physical work on the 343-km rail track project, which is funded by the World Bank, from March-April.The 343-km project was sliced into three subsets, and the bidders had been qualified to bid for one, two or all three.