New Delhi: Around 42 entities including multilateral financial institutions, commercial banks, and the main infrastructure players have shown interest in the Sonnagar-Gomoh part of the East Special Shipping Corridor which will be developed in Public Personal Participation Mode (PPP) with an estimated cost of Rs 9,000 Crore.
DFCCIL, SPV executed two dedicated shipping corridors (DFCs), said on Tuesday that a meeting was held with stakeholders on Tuesday to develop this 262 km stretch in PPP mode.
It was said around 100 participants from 42 entities.
They include the World Bank, Japan International Cooperation Agency (JICA), National Investment and Infrastructure Funds (NIESIs), the company’s assets reconstruction of Edelweiss, SBI Capital, HDFC Bank, India Exim Bank and KPMG.
Companies such as L & T, GMR, GR Infraprojects, Tata Projects, Ircon, Adani Group, Siemens, Sojitz, RZD International LLC are also interested in this project.
This section is expected to be able to serve major power houses, industrial corridors and multi-capital logistics parks in Haryana, Punjab, Delhi and Uttar Pradesh.
Increasing trends in finished steel consumption and production will encourage steel traffic growth on the route, DFCCIL said.
It also plans to develop multi-capital logistics parks, siding routes and feeders for the last mile connectivity along the alignment section to attract more traffic and reach targeted transportation.
As part of EDFC, the Sonnagar-Dankuni section of 536 km has been approved by the train ministry for development through PPP.
The ministry has directed DFCCIL to take this project in two phases – Sonnagar to Gomoh (262 km) Gomoh to Dankuni (274 km).