Dedicated Freight Corridor Corporation of India
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Native name
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भारत डेडीकेटेड फ्रेट कॉरिडोर निगम |
|---|---|
| Public Sector Unit | |
| Founded | 2006 |
| Headquarters | New Delhi |
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Key people
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Mr.Adesh Sharma,MD |
| Website | DFCCIL |
The Dedicated Freight Corridor Corporation of India Limited (DFCCIL) is a corporation run by the Ministry of Railways (India) to undertake planning & development, mobilisation of financial resources and construction, maintenance and operation of the Dedicated Freight Corridors. DFCC has been registered as a company under the Companies Act 1956 on 30 October 2006.
Accordingly, the seeds for the project were sown as early as in April, 2005, wherein, Honourable Prime Ministers of India and Japan made a joint declaration for feasibility and possible funding of the dedicated rail freight corridors. Honourable Minister for Railways, almost at the same time, announced in the Parliament the need and planning for the project. Immediately thereafter, RITES was entrusted with the feasibility study of both eastern and western corridors.
In May 2005, Committee on Infrastructure (COI) constituted a Task Force, chaired by Shri Anwarul Huda, Member Planning Commission to prepare a concept paper on Delhi-Mumbai (Western) and Delhi-Howrah (Eastern) dedicated freight corridor projects, and to suggest a new organizational structure for planning, financing, construction and operation of these corridors.
In January 2006, RITES submitted the Feasibility Study Report of both the corridors to Ministry of Railways. Almost simultaneously, the Cabinet approved the report of the Task Force of the COI, which directed that a SPV should be set up to construct and operate the DFC. Cabinet Committee on Economic Affairs (CCEA) gave "in principle" approval to the Feasibility Study report asking the MOR to go ahead with Preliminary Engineering cum Traffic Survey (PETS) for the two corridors, firm up the cost of the project and work out the financing options. In consonance with the recommendation of the Task Force of COI, a SPV, named "Dedicated Freight Corridor Corporation of India Limited" (DFCCIL) was incorporated under Companies Act in October 2006. Subsequently, RITES submitted the PETS Report based on which the project was approved at a cost of Rs.281.81 billion.
Under the Eleventh Five Year Plan of India (2007–12), Ministry of Railways is constructing a new Dedicated Freight Corridor (DFC) in two long routes namely, the Eastern and Western freight corridors. The two routes covers a total length of 3,360 kilometres (2,090 mi), with the Eastern Dedicated Freight Corridor stretching from Ludhiana in Punjab to Dankuni in West Bengal and the Western Dedicated Freight Corridor from Jawaharlal Nehru Port in Mumbai (Maharashtra) to Dadri in Uttar Pradesh. Upgrading of transportation technology, increase in productivity and reduction in unit transportation cost are the focus areas for the project.
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