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Thursday , 22 February 2024

Tata Aldesa gets DFC Corridor project

The Tata-Aldesa joint venture (JV), comprising the companies Tata Projects India and Spanish infrastructure group Aldesa, has been awarded the contract for the construction of a stretch of the Dedicated Freight Corridor (DFC) project. The project was awarded after an international competitive bidding processing involving ten bidders. The ?3300 crore project involves laying of a 343km long double track line between Kanpur and Khurja in the eastern corridor. The entire DFC project has two corridors ? the 1839km long eastern and 1499km long western corridors. Most of the land required for the project ? 18,000 acres ? has been acquired, while the remaining 18% is being acquired. The DFC will pass through 61 districts in nine states. The project is being implemented by the Dedicated Freight Corridor Corporation of India (DFCCIL), a fully owned Special Purpose Vehicle (SPV) of the Railway Ministry. It is funded by the World Bank and supported by the Railway Ministry and Planning Commission.

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