Indian Railways, which has approached the World Bank for funding the Rs 12,000 crore Eastern Dedicated Freight Corridor (DFC) project, will present a detailed report of the plan to the visiting team.
While the World Bank team will be here on July 14, another delegation from Japan Bank for International Cooperation (JBIC) will also visit India on July 8 to assess the engineering and environment aspect of the Western Corridor of the DFC.
The JBIC is expected to fund the 1,483 km long Western Freight Corridor project estimated to cost about Rs 16,000 crore.
The DFC to be commissioned as part of the long-term railway strategy aims at separating freight and passenger corridor, a senior railway ministry official said.
The corridor will be used exclusively for operating freight trains at a maximum permissible speed of 100 kmph.
There are certain World Bank guidelines which need to be adhered for receiving any fund, said the official.
All the procedures including land acquisition, compensation, tendering process, procurement involved in the Eastern Freight Corridor are expected to be discussed with the World Bank officials during their visit, said the official.
Railways plans to increase its market share in both bulk and non-bulk freight traffic by improving the quality of service with reduction in transit time and better reliability and availability.
The Eastern Corridor as approved by the Cabinet Committee for Economic Affairs will start from Ludhiana and terminate at Kolkata via Ambala, Sharanpur, Khurja and Allahabad.
The route length of 1,279 km is expected to be built in two phases. The alignment of the rail infrastructure will pass through Ambala and Yamunanagar in Haryana.
The project will immensely benefit the coal units, steel plants and thermal power stations along the route. The rail infrastructure will also generate employment during the construction phase.
