Hitachi-led team bags Rs. 1,780-cr deal for section of freight corridor

The Hitachi-led consortium has bagged a Rs. 1,780.2-crore contract from the Dedicated Freight Corridor Corporation of India Ltd. (DFCCIL) to design and implement signalling and electronic system in the 915-km segment between Vadodara and Rewari.

The contract includes multi-section digital axle counters, train management and diagnostic system, optic fibre cable-based communication system, GSM-R system, among others.

In the last six months, DFCCIL has awarded Rs. 15,000 crore worth of contracts, on both the corridors put together.

Contracts worth Rs. 10,250 crore were awarded on the Western corridor, said an official source. These include Rs. 3,080 crore for electrification contract of 920-km stretch between Rewari and Makarpura, Rs. 2,170 crore civil contract for the 186-km stretch between Sachin and Vaitaran river, Rs. 2,157-crore contract for civil works on 134-km stretch between Sachin and Makarpura, and Rs. 1,036 crore contract to build a steel bridge. Also, a Rs. 5,080-crore contract was awarded to Bhaupur-Khurja section GMR-led consortium in the Eastern corridor.

Incidentally, in another move, the Cabinet Committee on Economic Affairs has given its approval for the revised cost estimate of Rs. 81,459 crore for the Eastern and Western Dedicated Freight Corridor (DFC) project, including land costs and financing plan. The revised cost estimate of Rs. 81,459 crore comprises construction cost of Rs. 73,392 crore for the Eastern and Western DFC. The cost of Eastern DFC is Rs. 26,674 crore and Western DFC is Rs. 46,178 crore. The land acquisition cost will be Rs. 8,067 crore.

A debt of Rs. 52,347 crore would accrue from JICA and World Bank, while equity requirement from the Ministry of Railways (including land) for the project is Rs. 23,796 crore.



HBL