A 44 km-long new railway line in Chhattisgarh under East Rail Corridor from Kharsia to Korichapar commenced operations on October 12. This will enable coal evacuation from two large coalfields at Mand-Raigarh and Korba under the largest coal-producing subsidiary of Coal India, South Eastern Coalfields (SECL).
Chattisgarh East Railway (CERL), a special purpose vehicle floated by SECL, the government of Chattisgarh and IRCON International undertook the construction of the 136 km East Rail Corridor at an investment of Rs. 3,055 crore. It will connect Kharsia, Korichapar, Dharamjaygarh and Korba.
While SECL holds a 64% stake in this tri-partite SPV, Chattisgarh government and IRCON holds 10% and 26% respectively. “Synergy between all the parties of the SPV helped the line to go operational in record time,” said a Coal India statement, issued on Thursday. Read more
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