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News Brief | May 2014

Coal linkages worth Rs.6,700 crore revived

A special cell created in the Cabinet Secretariat to revive stalled investment projects has paved the way for laying of three critical railway lines in eastern India, more than a decade after the projects were conceived. Once commissioned, the lines will transport more than 200 million tonnes of coal from mines spread over Odisha, Chhattisgarh and Jharkhand to power producers. Estimated to cost over Rs 6,700 crore, the lines will not only save crucial foreign exchange for the country by reducing dependence on coal imports but also generate jobs and boost the local economy of the three states.
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