Cabinet approves three railway track projects worth Rs 6,456 crores
The Union Cabinet has approved two new railway lines and one multi-tracking project worth Rs 6,456 crores, spanning Odisha, Jharkhand, West Bengal, and Chhattisgarh. These projects will boost logistical efficiency, increase freight traffic by 45 M...
These are essential routes for transport of agriculture products, fertilizer, coal, iron ore, steel, cement, and limestone among others. The capacity augmentation works will result in 45 Million Tonnes Per Annum (MTPA) of additional freight traffic.
An official statement said these projects will improve logistical efficiency by increasing the existing line capacity.
“This will result in streamlined supply chains and accelerated economic growth,” the statement said while adding that these new line proposals will provide direct connectivity and improve mobility.
Under these projects, 14 New Stations will be constructed, providing enhancing connectivity to Aspirational Districts of Nuapada and East Singhbum. New Line projects will also provide connectivity to approximately 1,300 villages and about 11 Lakh people. The multi-tracking project will improve connectivity to a similar number of villages and but to about 19 lakh people.
It is expected that the new projects will result in both achieving climate goals and minimizing logistics cost. Oil import will be reduced by 10 Crore Litres and CO2 emissions lowered by 240 Crore kilogramme (kg) which is equivalent to plantation of 9.7 Crore trees, the statement added.
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