Dedicated Freight Corridor Corporation of India (DFCCIL) is a special purpose vehicle (SPV) set up under the administrative control of Ministry of Railways to undertake planning and development, mobilisation of financial resources and construction, maintenance and operation of the dedicated freight corridors. DFCCIL was incorporated in 2006 under Indian Companies Act 1956.
The plan to construct dedicated freight corridors across the country marks a strategic inflexion point in the history of Indian Railways that has essentially run mixed traffic across its network. Once completed, the dedicated freight corridors will enable Indian Railways to improve its customer orientation and meet market needs more effectively. Creation of rail infrastructure on such a scale is also expected to drive the establishment of industrial corridors and logistic parks along its alignment.
DFCCIL: Dedicated Freight Corporation for Indian Railways
|2014||Receives approval from World Bank for loan of US$ 1.1 billion, for the construction of the 393-km-long electrified double line on the Eastern corridor|
|2013||Awards contract worth around US$ 1.11 billion to a consortium of L&T and Sojitz for Western dedicated freight corridor|
|2006||Gets incorporated under the Indian Companies Act 1956|
Updated: August, 2014