The Bihar Government announced with an investment of Rs 1,000 crore the first 56-km stretch of the much-awaited Dedicated Freight Corridor (DFC) project to be commissioned in Bihar in March next year.
- Adesh Sharma, managing director of Dedicated Freight Corridor Corporation (DFCC) said that the stretch between Durgawati and Sasaram will be completed and commissioned by the end of the current financial year.
- The section is being constructed with an average investment of Rs 20 crore per km, gradually eliminate all the 18 level crossings on the 56-km stretch.
- This Dedicated Freight Corridor (DFC) project is funded by Indian Railways’ equity.
Dedicated Freight Corridor Corporation:
• The Dedicated Freight Corridor Corporation of India Limited (DFCCIL) is a corporation run by the Government of India, Ministry of Railways to undertake planning & development, mobilization of financial resources and construction, maintenance and operation of the Dedicated Freight Corridors.
• DFCC has been registered as a company under the Companies Act 1956 on 30 October 2006.
• DFCC is currently building 3,000 km of double track freight-specific lines from Ludhiana in Punjab to Dankuni in West Bengal as the Eastern DFC and from Dadri in Uttar Pradesh to Jawaharlal Nehru Port Trust (JNPT) in Navi Mumbai as the Western DFC.
• The entire project development cost is estimated to 81,459 crore rupees.
• DFCC will purchase 200 locomotives from Japanese company Hitachi and that order was being finalised at the Railway Board.