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GMR Infrastructure Ltd has announced that it has been awarded two more packages on the eastern dedicated freight corridor worth Rs 2,280.70 crore.
The consortium has been issued a letter of award for the construction of 221-km-long eastern corridor railway project on engineering, procurement and construction (EPC) mode, GMR informed the BSE.
Since the project is being executed under the EPC mode, the GMR Group is not required to provide significant investment for the project.
Earlier in April 2016, GMR-led consortium had emerged as the successful bidder among six bidders, under the international competitive bidding, for the project.
The project funded by the World Bank is divided into two packages. The first package comprises a 175 km single line connecting Sahnewal and Pikhani that passes through Uttar Pradesh, Haryana and Punjab. The second package is for a 46 km double line corridor in Uttar Pradesh connecting Dadri and Khurja.
The project entails design and construction work for single and double line on design-build lumpsum basis.
A GMR Infrastructure spokesperson said, “Awarding of another project in eastern dedicated freight corridor highlights the capabilities of GMR Infrastructure in executing large-sale projects. The eastern and western rail freight corridor projects are expected to be game changers in the country by creating much required rail transportation capacity.”
These projects are expected to bring about big changes in freight movement and would be completed in 44 and 36 months, respectively.
The GMR Group is already working on 417-km-long eastern dedicated freight corridor railway project that comprises two corridors - a 180 km project connecting Mughalsarai and Karchana near Allahabad and the other one a 237 km corridor connecting Karchana and Bhaupur near Kanpur in Uttar Pradesh.
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