Centre to invest in 7 new bullet train corridors
The Centre is planning to invest Rs 10 trillion in seven new bullet train projects. September 2020
The multi-modal terminal at Sahibganj will open up industries of Jharkhand and Bihar to the global market and provide Indo-Nepal cargo connectivity through waterways route. It will play an important role in transportation of domestic coal from the local mines in Rajmahal area to various thermal power plants located along NW-1.
The multi-modal terminal will also help create direct employment of about 600 people and indirect employment of about 3,000 people in the region. The convergence of Road-Rail-River Transport at Sahibganj through the new multi-modal terminal will connect this part of the hinterland to Kolkata, Haldia and further to the Bay of Bengal. Also, Sahibganj will get connected to North-East States through Bangladesh by river-sea route. It The capacity of the terminal is 30 lakh tonne per annum. It will grow to 54.8 lakh tonne per annum after an investment of Rs 3.76 billion for capacity enhancement in Phase-II under PPP mode. The development in Phase-II will be entirely made by the private concessionaire. Further, a freight village is also proposed on 335 acre in contiguity with the terminal.
Salient features of the Sahibganj Multi Modal Terminal:
The MMTs are being built as part of the Jal Marg Vikas Project that aims to develop the stretch of River Ganga between Varanasi to Haldia for navigation of large vessels up to 1,500-2,000 tonnes weight, by maintaining a drought of 2-3 m in this stretch of the river and setting up other systems required for safe navigation. The objective is to promote inland waterways as a cheaper and more environment friendly means of transport, especially for cargo movement. Inland Waterways Authority of India (IWAI) is the project implementing agency.