Pact inked for new railway line

Our Bureau Hyderabad | Updated on March 11, 2020

The South Central Railway (SCR) and Singareni Collieries Ltd (SCCL) have entered into a memorandum of understanding (MoU) for a new railway line between Bhadrachalam Road-Sattupalli.

This new line is being jointly developed by SCR and SCCL for transporting coal from mines located closer to SCCL in the Sattupalli area.

A cheque for ₹200 crore was also given to SCR by Singarenei Collieries here on Wednesday.

The Bhadrachalam Road-Sattupalli new rail line project was sanctioned in 2010-11 with an agreement that the land cost will be borne by the Railways and the construction cost by SCCL.

Earlier, in March, 2017, the Railway Board sanctioned a total cost of ₹704 crore. Following this, SCCL deposited ₹156.38 crore with the Railways towards the cost of work.

Later on, during the course of execution, a revised estimate was prepared for accommodating additional functional requirements to the tune of ₹927.94 crore (Railways bearing ₹309 crore and SCCL ₹618.55 crore), according to a release.

Published on March 11, 2020

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like