The Cabinet Committee on Economic Affairs on Thursday approved the construction of a third railway line between Narayangarh in West Bengal and Bhadrak in Odisha.
The 155-km long new line would cost Rs 1,866.31 crore and is slated for completion during 2023-24, an official statement said. The busy section between Narayangarh and Bhadrak is mainly used for movement of coking coal to steel plants.
It is also used for movement of iron ore from Chakradharpur to export ports. According to the government, the new line would help create the capacity to cope with existing as well as additional traffic.
“This third line will help ease movement of coal. This will help steel and power plants as well as the export industry, boosting the economies of Odisha and West Bengal and entire eastern India,” the statement said. Read More