General

GMR Infrastructure to build Rs.5,000 crore freight rail corridor project

Author : NewsGram Desk

By NewsGram Staff Writer

Bangalore based infrastructure company, GMR Group has acquired the contract for a 417 km railway project. The company disclosed the news today.

GMR's stock exchange filing read 'A consortium led by GMR Infrastructure Ltd. has been issued Letter of Award for construction of 417-km Eastern Dedicated Freight Corridor railway project at a cost of Rs.5,080 crore on EPC (Engineering, Procurement and Construction) basis.'

The project, funded by World bank, is divided in two stretches. A 180 Km stretch from Mughalsarai to Karchana (near Allahabad) and the other from Karchana to Bhaupur (near Kanpur) for 237 km in Uttar Pradesh.

The construction, stipulated to be done in 45 months, will tremendously increase the freight capacity of Indian Railways.

Subscribe to our channels on YouTube and WhatsApp 

Also Read

Red Fort Blast: Bomber Justifies Suicide Blast as ‘Martyrdom Operation’ in a Self-Recorded Video; Death Toll Hits 15

Gujarat Govt Suspends Seven Medical Students for Ragging in Gandhinagar; Zero-Tolerance Enforced

Roasted Chana Contamination: Shiv Sena MP Priyanka Chaturvedi Flags Carcinogenic Dye in Roasted Chana, Calls for Urgent Action

Informed, Aware Parenting Can Greatly Reduce Childhood Trauma, Says Girija Oak

Uranium Detected in All Breast Milk Samples in 6 Bihar Districts, But Levels Below Danger Limits