Essel Infraprojects, part of Subhash Chandra led Essel Group, has got the mandate to build the third line between Bhadrak and Byree Railway Stations on the East Coast Railway zone’s Khurda Road Division, in Odisha, India’s first Railway project under annuity mode was awarded by East Coast Railways as part of the larger Eastern Freight Corridor connecting Howrah and Chennai main line.
Covering a total stretch of 74.92 km including 62.68 km of mainline and 12.23 km of loop line, Essel Infra would construct railway stations, electrical traction sub-stations, signaling, telecom and safety systems, laying of transmission systems, tracks, major and minor rail-over bridges, rail-under bridges, footbridge, platform shelters, and create water supply, waste disposal system and drainage and bank protections.
What are the economics of the project and how will both the parties – Essel and the Railways – stand to gain Read More
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