Eastern Dedicated Freight Corridor: What will determine PPP success
RAILWAYS & METRO RAIL

Eastern Dedicated Freight Corridor: What will determine PPP success

The Dedicated Freight Corridors have progressed slowly, and now, the easternmost portion of the Eastern DFC is trying to attract private interest under PPP. The 1,840 km Eastern Dedicated Freight Corridor Project (EDFC) is part of the ambitious project with a potential to create a mammoth network of freight cargo operations, and runs from Ludhiana in Punjab and ends in Dankuni in West Bengal.

The World Bank is funding up to (approximately) Rs 7,142 crore of the project cost of the 1,200 km Ludhiana-Mugalsarai stretch of the EDFC project with an estimated total project cost of (approximately) Rs 10,683 crore. The Ministry of Railways, through the Dedicated Freight Corridor Corporation of India Limited, has been actively trying to elicit interest from private-sector participants to implement the final 538 km Sonnagar-Dankuni stretch of the EDFC project on PPP at an estimated total project cost of Rs 15,000 crore. The World Bank is likely to extend support for the Son Nagar-Dankuni stretch as well.

But the ambitious project is fraught with challenges and risks both for the public and private partner. Vishnu Sudarsan and Shashank Vikram Singh of law firm J Sagar Associates identify the embedded factors that could be sticky, and suggest what to do about them.

Read the article here.

The Dedicated Freight Corridors have progressed slowly, and now, the easternmost portion of the Eastern DFC is trying to attract private interest under PPP. The 1,840 km Eastern Dedicated Freight Corridor Project (EDFC) is part of the ambitious project with a potential to create a mammoth network of freight cargo operations, and runs from Ludhiana in Punjab and ends in Dankuni in West Bengal. The World Bank is funding up to (approximately) Rs 7,142 crore of the project cost of the 1,200 km Ludhiana-Mugalsarai stretch of the EDFC project with an estimated total project cost of (approximately) Rs 10,683 crore. The Ministry of Railways, through the Dedicated Freight Corridor Corporation of India Limited, has been actively trying to elicit interest from private-sector participants to implement the final 538 km Sonnagar-Dankuni stretch of the EDFC project on PPP at an estimated total project cost of Rs 15,000 crore. The World Bank is likely to extend support for the Son Nagar-Dankuni stretch as well. But the ambitious project is fraught with challenges and risks both for the public and private partner. Vishnu Sudarsan and Shashank Vikram Singh of law firm J Sagar Associates identify the embedded factors that could be sticky, and suggest what to do about them.Read the article here.

Next Story
Infrastructure Energy

Bihar mining department collects Rs 1.8 million fine in raid operations

The Mines and Geology Department conducted raids at 75 locations across all 38 districts of the state, resulting in the recovery of illegally mined sand, stone chips, and dug earth intended for commercial use. The department collected fines amounting to Rs 1.8 million and seized 13 vehicles. Additionally, six first information reports (FIRs) were registered. According to a communiqué from the department, the raids aimed to curb illegal mining, transportation, and storage of sand, as well as the unauthorised excavation and transportation of stone chips and earth for commercial purposes. Th..

Next Story
Infrastructure Energy

ED arrests two in PMLA case over illegal sand mining in Himachal, UP

The Enforcement Directorate (ED) announced that it had arrested two individuals in a money laundering case related to alleged illegal sand and mineral mining from rivers in Himachal Pradesh and Uttar Pradesh. The arrested individuals, Gian Chand and Sanjay Dhiman, were taken into custody on Monday under the provisions of the Prevention of Money Laundering Act (PMLA), as stated by the federal agency. Sources confirmed that the arrests were made in Himachal Pradesh. The case concerns unauthorized sand and mineral mining in the Beas River in Himachal Pradesh and the Yamuna River in the Saha..

Next Story
Real Estate

British Land posts higher half-year profit from retail park investments

Commercial property firm British Land reported a slight rise in its half-year profit on Wednesday, attributing operational strength in its retail park properties to counteracting valuation weakness in its office-focused campuses. The British commercial property market is recovering from the post-pandemic freeze, with stabilizing property values and expectations of near-term rate cuts boosting sector optimism. According to British Land CEO Simon Carter, the group's strategy of increasing investments in retail parks is proving successful. He noted that retailers are seeking cost-effective out-..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000