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The subsidiary of the coal behemoth aims at playing a lead role to meet the production goal with its new rail corridor being built at a cost of Rs 3,055 crore, the officials said.
- Coal India officials said that the 136 km East Rail Corridor from Kharsia-Korichapar -Dharamjaygarh-Korba will play a key role to meet the production goal.
- The miner had also decided to procure rakes of its own to expedite supplies of the fuel through the mode of railways.
- In 2018-19, SECL had produced 153 MT of coal and the new railway tracks will help coal evacuation from greenfield and existing mines.
- In the phase-1, the 44-km of new railway line in Chhattisgarh between Kharsia and Korichapar has been made operational from October 12.
- An official said,”Already, two rakes a day are being loaded but this will be increased, and coal is now supplied to power stations of Maharashtra and Gujarat.”
- East Rail Corridor is developed by the Chhattisgarh East Railway Limited (CERL), a Special Purpose Vehicle (SPV) between SECL, Chhattisgarh government and IRCON International at a cost of Rs 3,055 crore for laying down a 136 km rail line from Kharsia-Korichapar-Dharamjaygarh-Korba.
- While SECL holds a stake of 64% in this tripartite SPV, the Chhattisgarh government and IRCON have 10% and 26% holding respectively.
- The next phase of the 30 km railway line between Korichapar and Dharamjaygarh is likely to come up by the middle of 2020 and from Dharamjaygarh to Korba, a stretch of 62 km, is expected to be linked by the end by 2022.