Adesh Sharma, MD Of Dedicated Freight Corridor Corporation (DFCC) gives a ringside view of the quantum of contracts that will be awarded by DFCC in FY15 and FY16.
Adesh Sharma, MD Of Dedicated Freight Corridor Corporation (DFCC) gives a ringside view of the quantum of contracts that will be awarded by DFCC in FY15 and FY16.
Below is the transcript of Adesh Sharma's interview with CNBC-TV18's Sonia Shenoy
Q: Can you start off by telling us what is the quantum of contracts that will be awarded by the DFCC by the end of FY15 and in FY16?
A: Dedicated Freight Corridor project is one of the ambitious project of Indian Railways. This was started in 2006 onwards and has picked up momentum. We have acquired more than 80 percent of the land and awarded contracts in some of the sections of the eastern i.e. from Khurja to Kanpur. Similarly work is progressing on the western corridor between Rewari to Palanpur area. So, this year 2015-16 our efforts will be to award 95 percent of the contracts for the entire length of both the corridors. So we will be finalising all the contracts during the financial year 2015-16.
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