Sep 29, 2016

DFCCIL-Railways inks MoU to fix target for various projects during 2016-17

New Delhi: The Dedicated Freight Corridor Corporation and the railways have signed a memorandum of understanding (MoU) to fix the target for various projects during 2016-2017.
Dedicated Freight Corridor Corporation of India Limited (DFCCIL), a government enterprise under the administrative control of the Ministry of Railways, is at present carrying out construction of 3,342km eastern and western freight corridors for exclusively movement of goods trains.

The MoU envisages laying down the target for various important activities of DFCCIL. It will also help timely release of funds for execution of projects, land acquisition and continuance of full assistance by the Ministry of Railways in deputing officials on tenure basis to work in DFCCIL.
The MoU was signed on September 26 by DFCCIL Managing Director Adesh Sharma and Railway Board Secretary R K Verma.
The 1,840km Eastern Dedicated Freight Corridor from Ludhiana to Dankuni near Kolkata traverses Punjab, Haryana, Uttar Pradesh, Bihar, Jharkhand and West Bengal.
The 1,502km Western Dedicated Freight Corridor from Dadri (Uttar Pradesh) to Jawaharlal Nehru Port Trust (Mumbai) passes through Maharashtra, Gujarat, Rajasthan, and Haryana.
These freight corridors will contribute in a great manner towards the economic development of the states encompassing them as well as help ease the traffic load on existing Indian Railways network.
The core sectors like power houses, fertiliser, food grains and POL (petroleum, oil and lubricant) movement will be benefited by this infrastructure.