Sojitz, L&T bag Rs 6,700 crore rail contract

NEW DELHI: A consortium of Larsen and Toubro Ltd and Japan-based Sojitz has bagged a Rs 6,700-crore railway contract, one of the country's biggest, for construction of 640-km-long twin-track line that will form part of the western dedicated freight corridor (DFC).

The firms will design and construct the track between Rewari in Haryana and Palanpur in Gujarat, said an official of Dedicated Freight Corridor Corporation of India Ltd (DFCCI).

The contract, part of the 1,483-km-long western dedicated corridor, is the single largest railway contract so far. The corridor is coming up between Dadri (near Delhi) and Jawaharlal Nehru Port (near Mumbai), the official said.

Earlier, DFCCI had awarded its contract for construction of double-line track of 343 km to Tata Aldesa JV in March in the Eastern Corridor.

While for the Western Dedicated Freight Corridor, a loan agreement has been concluded between Japan and India, the Eastern DFC would be funded by the World bank loan.