Gmr Consortium Bags Rs 5,080-Cr Rail Freight Corridor Project

Gmr Consortium Bags Rs 5,080-Cr Rail Freight Corridor Project

A consortium of companies led by GMR Infrastructure has bagged the much-awaited Rs 5,080-crore contract from Dedicated Freight Corridor Corporation of India to design and construct a 417-km stretch of the project’s eastern arm. The consortium has been issued the Letter of Award for two packages, Mughalsarai to Karchana (180 km) and Karchana to Bhaupur (237 km), to be implemented on an engineering, procurement and construction (EPC) basis, the company stated. “The project, funded by the World Bank, involves design and construction of civil, structures and track works for a double-line railway…and shall be completed in 45 months,” it said. The GMR consortium’s was the lowest among six bids in a global competition last November. The eastern corridor is to cover a total length of 1,840 km.

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