Mahagenco to partner in building rail corridor in Chhattisgarh - News Summed Up

Mahagenco to partner in building rail corridor in Chhattisgarh


THE MAHARASHTRA government is set to partner an initiative for the construction of a rail corridor in Chhattisgarh. The 270-km long Katghora-Dongargarh proposed rail corridor is being planned for transporting coal. The state Cabinet on Tuesday sanctioned a proposal permitting state-run power generation arm, Mahagenco, to partner and invest capital in an special purpose vehicle (SPV) involving the Chhattisgarh Rail Corporation Limited and the South Eastern Coalfields Limited. While the Chhattisgarh coal mine is expected to yield 24 million metric tonne of coal per annum, Mahagenco is yet to undertake mining at the facility owing to lack of environmental clearance. According to state’s energy department officials, the new rail corridor, once commissioned, will provide for a parallel transportation route to the otherwise busy Jharsuguda-Nagpur and Jharsuguda-Rajnandgaon rail routes.


Source: Indian Express April 10, 2018 22:52 UTC



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