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SECL JV Developing Rail Infrastructure in Chhattisgarh

Coal News - Published on Fri, 24 Jul 2020

Image Source: SECL CEWRL
Chhattisgarh East-West Railway Limited project is planned with the specific purpose of augmenting the rail infrastructure in the state of Chhattisgarh. This Project is being implemented based on the Joint Venture model of PPP projects under Concession Agreement with Ministry of Railway and is notified as Special Railway Project to provide national infrastructure for a public purpose with high priority accorded by the Government of India. With the emphasis on using more environment friendly modes of transportation, the Chhattisgarh East-West Rail Corridor project having approx. length of 135.30 km of main line with 56km of connectivity lines will be instrumental in reducing the burden on the single evacuation rail link in the region which extends from Gevra Road station to Champa where it joins the main Kolkata-Mumbai trunk line. The East-West corridor will provide a shorter route for coal transportation by joining Gevra Road to the Bilaspur- Annupur- Katni line at the Pendra Road station and thus will enable seamless movement of coal from SECL’s mines as well as other coal mines in the Mand-Raigarh & Korba coalfields of Chhattisgarh to northern and western parts of india.

CEWRL project cost is estimated to be INR 4970 crore with a funding structure of Debt: Equity of 80:20 ie INR 3976 crore of debt and INR 994 crore of equity. Demonstrating the commitment towards the project, Promoters have already invested INR 650.00 cores in CEWRL project. Using this money, the company has been able to acquire the desired land and forest clearance for the main line. The project is expected to be completed by March 2023.

Chhattisgarh East-West Railway Limited is a subsidiary company of South Eastern Coalfields Limited with 64% stake formed in joint venture with Ircon International Limited with 26% stake and Government of Chhattisgarh with 10% stake.

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Posted By : Yogender Pancholi on Fri, 24 Jul 2020
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