Over two years after it was announced with much fanfare, decks have been cleared for a big ticket railway project — the Rail Coach Refurbishing and Rehabilitation Factory — at Barhi in Sonepat district in Haryana.
After prolonged discussions with the Indian Railways, the Haryana State Industrial and Infrastructural Development Corporation (HSIIDC) has decided to transfer 121 acres of land to the Railways for the factory.
The factory, to be set up at a cost of Rs 600 crore, is designed to refurbish 500-700 rail coaches every year. Sources said technical issues in the documentation and agreement between the Railways and the HSIIDC had now been sorted out and it had now been decided to transfer the land at the rate of Rs 1,000 per acre per year to the Railways for a period 99 years on leasehold basis. Read More
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