Coal India, the world’s largest coal miner by output, has received its board's in-principle approval to East Corridor Railway project with an investment of around Rs 2,500 crore to facilitate movement of passengers as well as freight, primarily coal, from Chhattisgarh. The around 180 km long East Corridor will take the route - Kharsia-Chhal-Gharghoda-Korichhapar-Dharamjaygarh-Korba - and connect mines of Gare-Pelma block.
The project will be developed by special project vehicle (SPV), Chhattisgarh East Rail and South Eastern Coalfields holds its 64% stake, while Indian Railways promoted Ircon has 26% share and Chhattisgarh government 10%.
Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.
