According to a statement issued by the company, Tata Projects along with IRCON International Limited, is part of the Express Freight Consortium, which is led by Mitsui and Co Ltd of Japan.
Segregating freight and passenger traffic shall pave the way for high speed movement of goods, and is one of the most important infrastructure projects taken up by Indian Railways, it said.
The consortium plans to complete the work in scheduled time of 48 months using latest technology of Automated Track Laying Machines, it added.
It is being implemented by Dedicated Freight Corridor Corporation of India Ltd (DFCCIL).
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The DFC project will eventually link the four hubs of Delhi, Mumbai, Chennai and Kolkata at the corners of India's Golden Quadrilateral. The Japanese government has provided loans for the Western DFC project under special terms for bilateral economic partnership.
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Toru Suzuki, Chairman & Managing Director, Mitsui and Co India Pvt Ltd, said the Western Dedicated Freight Corridor is the backbone linking Delhi and Mumbai, and also a significant symbolic cornerstone of the flourishing bond between India and Japan.
"Mitsui is strongly committed to this market and delighted to take part in supporting the future development of India, and we hope that the good relationship between India and Japan will keep flourishing for the further development of India," he added.
Mohan Tiwari, Chairman and Managing Director - IRCON, said, "As per the changing economic scenario in India and abroad, we have constantly evolved and adopted best engineering practices, to meet the construction needs of infrastructure development."
Tata Projects has expertise in executing large and complex urban and industrial infrastructure projects. As on date, the company's order book stands at Rs 18,000 crores and additionally it has secured lowest bidder position in about Rs 5,000 crores worth of projects.