Rail line DPR worth Rs 8.58 billion gets approval
RAILWAYS & METRO RAIL

Rail line DPR worth Rs 8.58 billion gets approval

The detailed project report of a 3.5km rail project had been approved by the Dedicated Freight Corridor Corporation of India. The project is set to be constructed at a budget of Rs 8.58 billion. Its purpose is to establish connectivity between the logistics and transport hub being developed in Greater Noida and the New Dadri railway station.

The Integrated Industrial Township Greater Noida (IITGNL) announced that it would provide Rs 8.58 billion funding for the logistics and transport hub under development. Ritu Maheshwari, CEO, IITGNL, instructed officials to issue a tender to hire a consultant for initiating work on the multimodal transport and logistics hub.

Maheshwari stated that the multimodal logistics and transport hub was a significant project for not only Greater Noida but also the surrounding areas. She emphasised the acceleration of work on these projects, which would generate 100,000 jobs directly and indirectly.

She further mentioned that the completion of the rail link was expected within three years.

The logistics hub, which is part of the integrated industrial township in Dadri, Chithera, Junpat, Kathera, Palla, Pali, and Bodaki, is being jointly developed by the National Industrial Corridor Development and Implementation Trust and the Greater Noida authority.

The multimodal logistics hub covers an area of 333 hectares, while the transport hub is being developed over 145 hectares in Greater Noida.

Maheshwari explained that this project would enable the transportation of cargo from Greater Noida to Gujarat, Kolkata, and Mumbai within 24 hours. Currently, without rail connectivity, it takes four to five days to ship cargo to these cities.

Additionally, the Delhi-Mumbai industrial corridor, of which these projects are a part, would benefit the cities of western Uttar Pradesh as farmers would be able to transport their agricultural produce to other cities within 24 hours.

According to Maheshwari, the integrated industrial township in Greater Noida is well on its way to becoming a hub for manufacturing units specialising in electronic products and other items.

Also read:
MSL Secures Rs 1 bn contract for Vande Bharat trains component supply
Bengaluru Metro to Expand Tracks to Speed Up Trains


"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The detailed project report of a 3.5km rail project had been approved by the Dedicated Freight Corridor Corporation of India. The project is set to be constructed at a budget of Rs 8.58 billion. Its purpose is to establish connectivity between the logistics and transport hub being developed in Greater Noida and the New Dadri railway station. The Integrated Industrial Township Greater Noida (IITGNL) announced that it would provide Rs 8.58 billion funding for the logistics and transport hub under development. Ritu Maheshwari, CEO, IITGNL, instructed officials to issue a tender to hire a consultant for initiating work on the multimodal transport and logistics hub. Maheshwari stated that the multimodal logistics and transport hub was a significant project for not only Greater Noida but also the surrounding areas. She emphasised the acceleration of work on these projects, which would generate 100,000 jobs directly and indirectly. She further mentioned that the completion of the rail link was expected within three years. The logistics hub, which is part of the integrated industrial township in Dadri, Chithera, Junpat, Kathera, Palla, Pali, and Bodaki, is being jointly developed by the National Industrial Corridor Development and Implementation Trust and the Greater Noida authority. The multimodal logistics hub covers an area of 333 hectares, while the transport hub is being developed over 145 hectares in Greater Noida. Maheshwari explained that this project would enable the transportation of cargo from Greater Noida to Gujarat, Kolkata, and Mumbai within 24 hours. Currently, without rail connectivity, it takes four to five days to ship cargo to these cities. Additionally, the Delhi-Mumbai industrial corridor, of which these projects are a part, would benefit the cities of western Uttar Pradesh as farmers would be able to transport their agricultural produce to other cities within 24 hours. According to Maheshwari, the integrated industrial township in Greater Noida is well on its way to becoming a hub for manufacturing units specialising in electronic products and other items. Also read: MSL Secures Rs 1 bn contract for Vande Bharat trains component supplyBengaluru Metro to Expand Tracks to Speed Up Trains

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement