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MCL to Upgrade Rail Infrastructure
01 Oct 2015
1 Min Read
CW Team
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.
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