With an aim to improve economic ties with India, Japan has shown yet another significant gesture by supporting and financing a major infrastructure project for Indian Railways. Led by Mitsui & Co of Japan, The Express Freight Consortium which comprises of Tata Projects and IRCON International Ltd has recently announced to begin construction of a section of the corridor connecting Delhi and Mumbai. While Mitsui will enrich the project with its technical know-how, Tata Projects and IRCON will provide their proficiency in carrying out large complex infrastructure projects and laying tracks in the shortest possible time.
The project which is expected to cost around Rs 4,328 crore is primarily financed by Japanese government under the Special Terms for Economic Partnership and is expected to finish the work in 48 months through use of latest technology of automated track laying machines that automatically lay the tracks and sleepers resulting in earlier completion of projects. The entire rail freight services line is being executed in two separate phases-from Vaitarana to Sachin (186 km) and from Sachin to Vadodara (134 km)
The DFC (Dedicated Freight Corridor) Program of Ministry of Railways executed by Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) is a very aspiring project comprising of completion of two major corridors – Eastern Freight and Western Freight which is going to be a landmark in improving rail freight transportation of India. Tata Projects is already working on a part of The Eastern corridor soon after it won the contract and is very delighted to have bagged the second project of DFC in the western part of India.
The Managing Directors of both Tata Projects and Mitsui & Co India have welcomed their collaboration to have joined hands with other committed partners of the consortium to bring in the best technology in future development of India particularly in the freight transport service which is a backbone of any country. The partners are hopeful to complete the project within a stipulated time period of 48 months using the updated state of art technology. The aforesaid collaboration is a momentous step in further strengthening the bonds between India and Japan. The IRCON’s competence in setting up huge railway infrastructure projects and an impeccable work record is expected to give full justice to the timely delivery of this huge transport line to the full satisfaction of Indian Railways and DFCCIL.