Date post: | 17-Nov-2014 |
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Economy & Finance |
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Dedicated Freight Corridor
Shally Rathi
Introduction A Special Purpose vehicle under the
Ministry Of Railway
Consist of 2 Corridor: - Eastern Corridor - Western Corridor
Covering about 2762 route-km on two corridors
India being developing country, need for Transport system
Project at a Glance
Eastern Corrido
r
Sonnagar- Mughal Sarai- Kanpur- Khurja-
Dadri,Khurja- Kalanaur-
Dhandari Kalan
1309 KM 31 Rail Flyover
Cost- 212,437 million
Western
Corridor
JNPT- Vasai Rd- Vadodara- Ahmedabad-
Ajmer- Rewari- Dadri
1468 KM 41 Rail Flyover
Cost- 287,420 million
Project at a Glance
Estimated Cost For DFCDescription Western
CorridorEastern Corridor
Total (Million Rs.)
Total Project Cost
287,420 212,437 499,857
Items Excluded from DFC Project CostDescription Western
CorridorEastern Corridor
Total (Million Rs.)
Wagon & Depot Cost
20,999 16,004 37,003
New Construction & Land Cost
30,605 21,962 52,566
Project Funding Project funded by a combination of debt from
bilateral/multilateral agencies and equity from Ministry of Railways
The capital structure of DFCCIL will entail a debt equity ratio of 2:1
For the Western corridor, the Government of Japan will provide a loan to meet about 67% of the construction cost
The Eastern Corridor is proposed for funding from multilateral agencies such as the World Bank and the Asian Development Bank
Project PhasingWestern Corridor Phase I Rewari- Vadodara (920 Kms) 2009- 2016 Phase II Vadodara- JNPT(430Kms) 2010-2017 Phase III Rewari – Dadri(140 Kms) 2010-2017
Eastern Corridor Phase I Sonenagar -Mugalsarai 2009-2016 Phase II Mughalsarai-Khurja (710 kms) 2010-2016 Phase III Khurja-Ludhiana (Dandarikalan) 2011-
2017
Environmental and Social Considerations
Relative high concerns on railway noise and vibration for residents
Impact to livelihood for farmers
Benefits from DFC Acceleration of nationwide development
Promotion of Industry
Promotion of Agriculture, Forestry and Fisheries
Improvement Of living Standard