Govt plans four more dedicated freight corridors: Railway minister
Updated: Jul 24, 2015 04:59:22pm
He was Addressing the ASSOCHAM conference on “Dedicated Freight Corridors-Challenges and Opportunities,” on Friday.
Sinha also said that despite several problems being faced in this the railways had full confidence of completing the in time. He pointed out that the Allahabad-Mughalsarai sector of the eastern corridor would be completed faster.
The corridors would be managed from two centralized locations for which Ahmedabad and Allahabd had been chosen, he said.
Elaborating on this Member (Mechanical) Railway Board, Hemant Kumar, and MD, DFCCIL, Adesh Sharma explained that these dedicated high speed corridors would help overcome the high capacity constraints currently experienced on the western and eastern trunk lines and the four diagonals.
Sharma said these corridors would also help reduce carbon dioxide emissions by a million tons. Despite problems of land acquisition, 85 per cent of land acquisition had been completed in the eastern DFC project. All the corridors would be completed by 2019.
He also disclosed that total fund requirement has shot up to Rs 80,000 crores. The DFCs could take care of 800 billion ton-kms of traffic. They would provide guaranteed transit time for freight delivery.
It was also revealed that the earlier idea of 150km on both sides of the corridors would be reserved for industrial location but due to land acquisition problem this has been reduced to just one km on both sides. The Railway Research and Development Organisation (RRDO) had developed capacity to design and make in the country itself with the specialized high capacity and high speed wagons for use on these corridors, added Sharma.
The industry-railway expert meet also addressed growing opportunity for Indian enterprise in participating in the huge requirements of high technology items in the project in a make in India mould.
Among others who spoke at the conference were ASSOCHAM past president Anil K Agarwal, Chairman, Rail Transport Council, ASSOCHAM, AK Agarwal, Co-chairman of the council, Ajay Sinha and Secretary General ASSOCHAM, DS Rawat. (KNN Bureau)