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.
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WB loan for DFC section
The World Bank has approved about Rs 4,500 crore loan for the 343 km Khurja to Kanpur stretch on the Eastern Dedicated Freight Corridor Project.