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Jharkhand, Railways ministry forms JV to develop rail infra

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Press Trust of India New Delhi
Jharkhand government today joined hands with Railway Ministry for developing rail infrastructure in the state.

The Ministry of Railway signed an agreement to form a joint venture company with Jharkhand government for the purpose, an official statement said.

Jharkhand government has identified three projects to be taken up by the J-V which include Namkum-Kandra, Giridih- Parasnath-Madhuban, Tori-Chatra covering a length of 222 km at a cost of Rs 2,150 crore, it said.

Jharkhand has become the ninth state after Kerala, Andhra Pradesh, Karnataka, Maharashtra, Odisha, Haryana, Chhattisgarh and Gujarat for the J-V, in which the state government will have 51 per cent equity.

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First Published: Jan 20 2017 | 7:57 PM IST

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