The construction of first 1,000 km of DFCs, 650 km of western corridor and 343 km of eastern corridor, will cost around R10,000 crore. The funding of the western corridor is being done by Japan International cooperation Agency (JICA) and the eastern corridor is being funded by the World Bank. The entire DFC project is envisaged to entail investments of R95,000 crore.
The contract for the construction of a 640-km-long route from Rewari to Palanpur (western Corridor) at the cost of R6,500 crore, will be awarded in a few days. On the eastern corridor, a consortium of Tata Projects and Spanish firm Aldesa have been awarded a R3,300-crore civil works contract to build a rail track between Kanpur and Khurja in Uttar Pradesh, a 343-km segment, RK Gupta, MD, Dedicated Freight Corridor Coproation (DFCC) told FE.
The DFCC has shortlisted two consortiums led by major Japanese infrastructure firms to develop the 640-km-long section between Rewari to Palanpur, a major portion of the western freight corridor stretch. The final contract will be awarded to the firm selected by the end of this month.
We have shortlisted Sojitz corporation-L&T and a consortium of Mitsui-IRCON-Leighton. The final bidding will be done by the end of this month. The technical bids are under evaluation at present, oncer finalized the application will be send to JICA for the final approval,Gupta added.
The 1,500-km-long western corridor starts from Dadri in UP and ends in Mumbai, passing through Delhi, Haryana, Rajasthan and Gujarat.
The 1,839-km eastern corridor route connects Ludhiana (Punjab) with Dankuni (West Bengal). Only the 725 km section between Ludhiana and Mughalsarai of the eastern corridor is being by World Bank.
The section from Mugalsarai to Sonnagar will be funded by the railway minister while the 546-km section from Sonnagar to Dankuni will be financed through Public Private Partnership (PPP)
The deadline for the completion of the project is 2016-17.