Explorer

MoU signed for Indore manmade Railway line project

By Joymala Bagchi

New Delhi [India], August 28 (ANI): A memorandum of understanding (MoU) was signed between Jawaharlal Nehru Port (JNPT) and Ministry of Shipping on Tuesday in presence of Minister of Railways Piyush Goyal, Maharashtra Chief Minister Devendra Fadnavis and Madhya Pradesh Chief Minister Shivraj Singh Chouhan for Indore manmade Railway line project.

The manmade railway line, which will cover a distance of 362 km (186 km for Maharashtra and 176 km for Madhya Pradesh) will be beneficial for freight traffic along with passenger train. The total amount allotted for this project is Rs. 8574.79 crore.

Speaking on the project, Union Minister for Roads and Highways, Nitin Gadkari said, "This is a big opportunity for the development of the tribal areas for both the states. This project will reduce the distance between Delhi and Chennai also. Land acquisition has already been initiated."

JNPT is financing 70 percent of this project while Maharashtra and Madhya Pradesh will have 15 percent of equity share in it. Railway will contribute in the operative ratio.

With this project, a traveling distance of 171 km will be cut short from western region of India to Central India and average railway routes will also get alternatives to decongest existing routes.

In the first ten years of its operation, an economic benefit of Rs. 15000 crore has been estimated. The project will be completed in six years, including one year of financial closure. (ANI)


This story has not been edited. It has been published as provided by ANI

View More
Advertisement

IPL Auction 2025

Most Expensive Players In The Squad
Virat Kohli
₹21 CR
Josh Hazlewood
₹12.50 CR
Phil Salt
₹11.50 CR
View all
Most Expensive Players In The Squad
Rishabh Pant
₹27 CR
Nicholas Pooran
₹21 CR
Ravi Bishnoi
₹11 CR
View all
Most Expensive Players In The Squad
Jasprit Bumrah
₹18 CR
Suryakumar Yadav
₹16.35 CR
Hardik Pandya
₹16.35 CR
View all
Most Expensive Players In The Squad
Heinrich Klaasen
₹23 CR
Pat Cummins
₹18 CR
Abhishek Sharma
₹14 CR
View all
Most Expensive Players In The Squad
Ruturaj Gaikwad
₹18 CR
Ravindra Jadeja
₹18 CR
Matheesha Pathirana
₹13 CR
View all
Most Expensive Players In The Squad
Shreyas Iyer
₹26.75 CR
Arshdeep Singh
₹18 CR
Yuzvendra Chahal
₹18 CR
View all
Most Expensive Players In The Squad
Sanju Samson
₹18 CR
Yashaswi Jaiswal
₹18 CR
Riyan Parag
₹14 CR
View all
Most Expensive Players In The Squad
Venkatesh Iyer
₹23.75 CR
Rinku Singh
₹13 CR
Varun Chakaravarthy
₹12 CR
View all
Most Expensive Players In The Squad
Rashid Khan
₹18 CR
Shubman Gill
₹16.50 CR
Jos Buttler
₹15.75 CR
View all
Most Expensive Players In The Squad
Axar Patel
₹16.50 CR
KL Rahul
₹14 CR
Kuldeep Yadav
₹13.25 CR
View all
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

'Mentally Unstable' Woman Detained For Death Threat To PM Modi
PM Modi Gets Death Threat, Woman Detained In Mumbai
Bangladesh High Court Rejects Plea To Ban ISKCON Activities
Bangladesh High Court Rejects Plea To Ban ISKCON Activities
Hemant Soren Alone Will Take Oath Today, Cabinet Expansion After Vote Of Confidence In Assembly
Hemant Soren Alone Will Take Oath Today, Cabinet Expansion After Vote Of Confidence In Assembly
Blast Near PVR In Delhi's Prashant Vihar During Arvind Kejriwal's Press Conference
Blast Near PVR In Delhi's Prashant Vihar During Arvind Kejriwal's Press Conference
Advertisement
ABP Premium

Videos

Breaking News: Controversy Erupts Over Claim of Temple Inside Ajmer Dargah in RajasthanBreaking News: ED Team Attacked in Delhi's Bijwasan Area | ABP NewsSambhal Mosque Clash: Tightened Security Ahead of Namaz Following Violence | ABP NewsShocking Video from Sambhal Mosque Clash Day Will Leave You Stunned | ABP News

Photo Gallery

Embed widget