Blog Entry# 2344651
Posted: Jul 07 2017 (00:03)
Last Response: Jul 07 2017 (00:03)
IR AffairsSCR/South Central - IR Press ReleaseJul 07 2017 (00:02) Singareni Collieries Company Limited Pays Rs.50 Crore to South Central Railway for Bhadrachalam Road-Sattupalli New Railway Line Project
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The Singareni Collieries Company Limited (SCCL) has made a payment of Rs. 50 Crore to South Central Railway towards the Bhadrachalam Road – Sattupalli New Railway Line Project. Shri N. Sridhar, Chairman & Managing Director, SCCL met Shri Vinod Kumar Yadav, General Manager, SCR at Rail Nilayam today i.e., 5th July, 2017 and presented a cheque for the amount.
The Bhadrachalam Road-Sattupalli New Railway Line Project is to a length of 56.25 kms and estimated to cost Rs. 704.31 Crore. The SCCL will be bearing the entire cost of the project while the land acquisition cost will be incurred by the Railways. Joint Inspection for land acquisition has been undertaken and the construction work on the project is slated to take off....
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