Don’t miss the latest developments in business and finance.

Cabinet approves the construction of 150 km long 3rd railway line between Allahabad - Mughalsarai

Image
Capital Market
Last Updated : Jul 17 2019 | 6:04 PM IST

Estimated cost of this project is Rs 2649.44 crore & will be completed by 2023-24

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, has given its approval to construct a 3rd railway line between Allahabad - Mughalsarai (now Pt. Deen Dayal Upadhyaya Jn) (Length 150 km) with an estimated cost of Rs 2649.44 crore. The project will be completed by 2023-24 and will be executed by Construction Organization of North Central.

The project will help cope up with the future traffic and remove capacity constraints. At present number of passenger and goods trains in this section are far more than its capacity, resulting in heavy detention to trains. This project will enhance capacity, reduce detention and cater for future growth of traffic. Construction of approved third Line between Allahabad and Mughalsarai will also ease traffic congestion at Chheoki, Naini and improve the punctuality of goods and passenger trains on vital route connecting National capital.

This project will also generate direct employment during construction for about 36 lakh mandays.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jul 17 2019 | 5:50 PM IST

Next Story