General consultancy contract for Kanpur–Mughalsarai, Khurja–Ludhiana and Khurja–Dadri section of Eastern Dedicated Freight Corridor project has been awarded to AECOM Asia Company at a cost of Rs 18.18 crore, according to the Dedicated Freight Corridor Corporation of India (DFCIL).
The Japan International Cooperation Agency (JICA) had suggested that the proposed Western Dedicated Freight Corridor (DFC) connecting Dadri with Navi Mumbai be electrified. But now the company fears that electrification of the route will escalate its cost and force end-users to pay more. DFC Corporation, a SPV for executing the project, is securing a loan worth -Ñ 677 bn from JICA for developing the Western DFC.
Rural Electrification Corporation lent Rs 16,070 crore to the Telangana Government for a power project. The loan will fund the 4,000 MW Yadadri Thermal Power Project, being set up by Telangana State Power Generation Corporation at Damcharla in Nalgonda district.