In news over this weekend, the DEDICATED Freight Corridor Corporation of India (DFCCL) tells global reporters that it has awarded a Rs 50.8bn ($US 79.4m) contract to a joint venture of GMR Infrastructure and SEW Infrastructure.
The joint venture will work under this contract towards building a 402km section of the 1,840 some kilometers of the Eastern Dedicated Rail Freight Corridor. That amount does not, of course, cover the entire capital cost of the 402 km section.
The double-track section section of the eastern project is being funded by the World Bank.
DFCCL’s senior managers hope now to complete both lines sometime before year’s end 2019. Other observers suggest perhaps by 2021.