Govt has already approached World Bank seeking termination of contract. The progress of the project was just 20 per cent though the contract was awarded in 2016.
Bulk goods should be transported through rail instead of roadways as it would be cost effective and environment friendly, said Pawan Kumar Bansal.
Built by the French railway technology company Alstom, it will host a 90-metre-long digital wall for train operation, said to be the second largest in Asia.
It will also provide support to the government for finalising the financial and implementation models.
The double-line pilot section will be commissioned with an investment of Rs 1,000 crore.
The 190-km railway line will be between Dadri in Uttar Pradesh and Phulera in Rajasthan, which fall under the Western Dedicated Freight Corridor
Indian and global construction companies vying for Rs 12,000 crore worth of civil works for Dedicated Freight Corridor.
The Railway Budget has impressed industry watchers.
This alternative is being planned as the existing projects continue to be delayed due to land acquisition troubles. The ministry is thinking of adding new track lines to its existing eastern and western DFCs passing major areas in the proposed stretches, senior officials said.
Whatever be the political coalition that comes to power at the Centre after May 16, the new government will have five ongoing projects to kick-start a sluggish economy.
Govt wants to up investment in Railways
The minister plans to reinstate the Railways as the backbone of the economy
Under the plan, there will be 151 private trains covering 109 routes which may entail investments worth Rs 30,000 crore.
Indian Railways is currently implementing a project that involves laying of a broad gauge line connecting Nangaldam to Talwara in Himachal Pradesh.
Narendra Modi is no reformist, but here's how he could yet change the path India's economy.
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