MCL to Upgrade Rail Infrastructure
COAL & MINING

MCL to Upgrade Rail Infrastructure

Mahanadi Coalfield (MCL), a subsidiary of Coal India, recently partnered with IRCON International and state-owned IDCO (Industrial Infrastructure Development Corporation) and set up Mahanadi Coal Railway to develop the rail infrastructure in the state. MCL, IRCON and IDCO will have equity ratio of 64:26:10 in the JV. One of the foremost tasks before the new company is to develop 14 km of Angul-Balram rail link, which could transport 92 mn tonne of coal. In due course, this rail link will complete the Angul-Balram-Talcher-Angul loop to facilitate uni-directional movement of wagons.

Mahanadi Coalfield (MCL), a subsidiary of Coal India, recently partnered with IRCON International and state-owned IDCO (Industrial Infrastructure Development Corporation) and set up Mahanadi Coal Railway to develop the rail infrastructure in the state. MCL, IRCON and IDCO will have equity ratio of 64:26:10 in the JV. One of the foremost tasks before the new company is to develop 14 km of Angul-Balram rail link, which could transport 92 mn tonne of coal. In due course, this rail link will complete the Angul-Balram-Talcher-Angul loop to facilitate uni-directional movement of wagons.

Related Stories

Gold Stories

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram