LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

East-Coast freight corridor to come up next year at a cost of Rs 44,000 crore

The project, which is also called the East Coast Corridor, will be 1,114 km in length and is part of the Golden Quadrilateral project of Indian Railways.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
East-Coast freight corridor to come up next year at a cost of Rs 44,000 crore
The Kharagpur-Vijaywada section is one of the busiest routes in East Coast. The project will be funded using equity from Indian Railways and loans. Reuters
Written By: ZeeBiz WebTeam
Updated: Fri, Aug 17, 2018
04:04 pm
ZeeBiz WebDesk
RELATED NEWS
 Railtel IPO strategy with Anil Singhvi: Share price rises 5 pct on debut today Railtel IPO strategy with Anil Singhvi: Share price rises 5 pct on debut today
Indian Railways reactivates UTS ON MOBILE App in these zones Indian Railways reactivates UTS ON MOBILE App in these zones
Big HELP by Indian Railways! This man paid Rs 6011 instead of Rs 60 to a vendor! Check how RPF helped him get his money back Big HELP by Indian Railways! This man paid Rs 6011 instead of Rs 60 to a vendor! Check how RPF helped him get his money back
India's Marvel! World's highest rail bridge arch on Chenab in Jammu and Kashmir nears completion, says Piyush Goyal India's Marvel! World's highest rail bridge arch on Chenab in Jammu and Kashmir nears completion, says Piyush Goyal
RRB exams 2020: Isolated and Ministerial categories recruitment exams answer key released—Check how to download and raise objections RRB exams 2020: Isolated and Ministerial categories recruitment exams answer key released—Check how to download and raise objections

NEW DELHI: India's third freight corridor is likely to come up between Kharagpur and Vijaywada sections at a cost of about Rs 44,000 crore next year, managing director DFCCIL A K Sachan said. 

The project, which is also called the East Coast Corridor, will be 1,114 km in length and is part of the Golden Quadrilateral project of Indian Railways.

The Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) has sent a proposal to Indian Railways to undertake the third dedicated freight corridor project. Indian Railways is going to put the project before the finance ministry for its inclusion in Budget 2019-20,? said Sachan.

The Kharagpur-Vijaywada section is one of the busiest routes in East Coast. The project will be funded using equity from Indian Railways and loans.

The corridor, which is expected to carry about 200 million tonnes of freight per annum, is likely to be announced in the budget proposal for 2019-20. 

The DFCC will be making 432 km of the western corridor and 343 km of the eastern corridor operational by the end of the current financial year. Once open, the stretches on the western and the eastern corridors will significantly reduce the travel time between Delhi and Mumbai and Delhi and Howrah, the two most congested rail routes in the country. 

DFCCIL, an arm of Indian Railways is already undertaking the construction of two freight corridors?Eastern Freight Corridor from Ludhiana to Dankuni (1,856km) and Western Freight Corridor from Dadri to Jawaharlal Nehru Port (1,504km)?being built at a cost of Rs 81,000 crore.

On 15 August, DFCCIL conducted a successful train run on the newly-built Ateli-Phulera section of the Western Corridor.

The 190-km route from Haryana to Rajasthan has the ability to run trains at a speed of 100 km per hour against the current maximum speed of 75 km per hour on Indian Railways track.

Once operational, the corridors will increase the national transporter freight carrying capacity to over 2,000 million tonnes, up from the existing 1,200 million tonnes. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Indian Railways
RELATED NEWS
 Railtel IPO strategy with Anil Singhvi: Share price rises 5 pct on debut today Railtel IPO strategy with Anil Singhvi: Share price rises 5 pct on debut today
Indian Railways reactivates UTS ON MOBILE App in these zones Indian Railways reactivates UTS ON MOBILE App in these zones
Big HELP by Indian Railways! This man paid Rs 6011 instead of Rs 60 to a vendor! Check how RPF helped him get his money back Big HELP by Indian Railways! This man paid Rs 6011 instead of Rs 60 to a vendor! Check how RPF helped him get his money back
India's Marvel! World's highest rail bridge arch on Chenab in Jammu and Kashmir nears completion, says Piyush Goyal India's Marvel! World's highest rail bridge arch on Chenab in Jammu and Kashmir nears completion, says Piyush Goyal
RRB exams 2020: Isolated and Ministerial categories recruitment exams answer key released—Check how to download and raise objections RRB exams 2020: Isolated and Ministerial categories recruitment exams answer key released—Check how to download and raise objections

LATEST NEWS

This is why Bill Gates prefers Android over iPhone

CBSE board exams 2021 class 10, class 12 practicals date: Students exams start today - check Board guidelines

Tech analysis on Big Bull Rakesh Jhunjhunwala stocks: Tata Motors, Titan, Lupin and Escorts

Stocks to buy with Anil Singhvi: Buy NBCC for bumper returns - Special Pick

Yes Bank Share price today: Technical and Fundamental Analysis I Investec cuts target price to Rs 19

Golden Globes 2021 Winners, Nominations Full List LIVE Updates: Check who bagged what so far

LPG cylinder price today: Cooking gas gets costlier by Rs 25, second hike in four days—check new prices

Ashok Leyland share price: Sharekhan revises price target of Rs 151 on Ashok Leyland

Petrol, Diesel Prices Today in your city– Monday relief; Know how to EARN MONEY from rising oil prices

Rakesh Jhunjhunwala stock: This Big Bull holding gets a target hike I Details here

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved