The minister said the work for the preparation of DPRs has been entrusted to M/s Dedicated Freight Corridor Corporation of India Limited (DFCCIL), a public sector unit under the Ministry of Railways.
Railway Minister Ashwini Vaishnaw said on Wednesday that his ministry has approved the preparation of detailed project reports (DPRs) for new Dedicated Freight Corridors (DFC) on three routes and that their outcome would be the primary basis for arriving at an investment decision.
Vaishnaw said that as a result of the continued economic growth, the demand for rail transport in both passenger and freight sectors is constantly increasing and Indian Railways is constantly trying to increase its capacity over a large number of routes to meet this growing demand.
“The Ministry of Railways has sanctioned the preparation of DPRs for new DFCs on three routes, including the east coast corridor-Kharagpur to Vijayawada (1,115 km),” he said during question time.
The minister said the work for the preparation of DPRs has been entrusted to M/s Dedicated Freight Corridor Corporation of India Limited (DFCCIL), a public sector unit under the Ministry of Railways.
He said the outcome of the DPRs would be the primary basis for arriving at an investment decision, as the report would essentially bring out some key data such as alignment, technical feasibility, large freight flows and growth potential of key sectors along the corridor. financial internal rate of return (FIRR), economic internal rate of return (EIRR) and other relevant details.
“None of the DFCs have been sanctioned yet and any further decision regarding the inclusion of the new DFCs can be made based on the final outcome of DPR and other factors such as funding options, etc.”
The three projects are East-Coast Corridor, East-West Sub-Corridor and North-South Corridor.
This post Railways has approved the preparation of DPRs for special freight corridors: Govt
was original published at “https://www.financialexpress.com/infrastructure/railways/railways-has-approved-preparation-of-dprs-for-dedicated-freight-corridors-govt/2463112/”
