A Guarantee Agreement for World Bank (IBRD) lending of $650 million to the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) for the Eastern Dedicated Freight Corridor-III (EDFC-III) Project has been signed between the Government of India and the World Bank in the national capital.
Tag: DFCCIL
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The future in India seems challenging, yet promising
Firstly, while the global market remains volatile and has an impact on the Indian economy, India is expected to retain a growth rate of 7.3 per cent for FY 2015-16, as per the International Monetary Fund (IMF).
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L&T wins Rs.1,213 crore DFC project
Engineering and construction giant Larsen & Toubro (L&T) said its consortium with Sojitz Corp of Japan has won a Rs 1,213 crore project from Dedicated Freight Corridor Corporation of India Ltd (DFCCIL).
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Ports – Porting Ahead
A lot of optimism has set in with 100 per cent FDI inflow, the Sagarmala Project, greater thrust on PPP projects, and the ´Make in India´ initiative. The Indian ports and shipping industry plays a vital role in sustaining growth of the country´s
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Hitachi organises Hitachi Social Innovation Forum 2015
Hitachi India, a subsidiary of Hitachi, Ltd, recently organised the Hitachi SOCIAL INNOVATION FORUM 2015, in New Delhi. The two-day forum sought to bring together esteemed participants to deliberate upon how social innovation can propel India
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Forging ahead
Dedicated Freight Corridors are on the fast track with institutional finance from the World Bank and JICA. However, the roadmap for allied projects along the corridors is still not clear, writes Janaki Krishnamoorthi.
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DFCC will encourage use of latest technological innovations
Speaking with Janaki Krishnamoorthi, RK Gupta, Managing Director, Dedicated Freight Corridor Corporation of India Ltd provides an update on the Dedicated Freight Corridor project.
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Why ICDs and CFSs in India need to consolidate
Consider this: At 4.5 mn TEUs last year,Jawaharlal Nehru Port handled over 55 percent of India’s container volumes.Yet it handled less than a fifth of Singapore’s 25 mn TEUs.What ails India’s container trade? In this issue, we focus on the most important piece in the container logistics eco system: dry ports
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PMO to oversee DFC project to speed up work
The Prime Minister’s Office (PMO) will henceforth directly monitor the progress of the construction of the Dedicated FreÂight Corridor (DFC), virtually taking the job away from the Railways.Prime Minister Manmohan Singh held a meeting in February to take stock of the proÂgress, apparently dissatisfied with the role of the Railways which was primarily to monitor the progress of the job, the execution of which had been handed over to the Dedicated Freight Corridor Corporation of India (DFCCIL).
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PPP for DFCCIL
Dedicated Freight Corridor Corporation of India (DFCCIL) has shortlisted three models of public-private partnership (PPP) for the 550-km Dankuni-Sonnagar stretch on the eastern corridor.
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