Doubling of Koraput Singapur Road Railway line with cost Rs 2361.74 crore

By | November 18, 2015
(Last Updated On: November 18, 2015)
Press release by Cabinet Committee on Economic Affairs (CCEA) Govt of India on 18-November, 2015
Doubling of Koraput-Singapur Road Railway line

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for doubling of Koraput-Singapur Road section railway line of 164.56 km with a completion cost of Rs.2361.74 crore.

Doubling of this line will greatly ease the ever increasing freight traffic between these sections thereby increasing the revenue of Railways. The project is likely to be completed in the next seven years during 12th and 13th Plan period.

Koraput and Rayagada districts of Odisha will be benefited through this project.

Background:

The existing line Koraput-Singapur Road is used as a transportation corridor of goods traffic mainly for minerals and mine products. The demand of goods traffic on the existing single line is increasing over a period due to increase of production of goods and minerals in the vast catchment and subsequent transportation requirement resulting in the requirement of doubling of the existing single line to cater to the goods traffic on this already saturated line.

Category: News

About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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