The Indian Government has said that it is seeking support from the Odisha Govt for the upgradation of railway network in the state, media reported.
As per reports, the Government is targeting evacuation of 300 million tonnes of coal per annum from Talcher in Odisha. Also, a special purpose vehicle (SPV) -- Mahanadi Coal Railway -- has been incorporated for the purpose.
Commenting on the development, Coal and Power Minister Piyush Goyal told the media, "We have placed a proposal before the Odisha government to support the Centre's efforts to upgrade railway network in Talcher area so that the volume of coal evacuation is enhanced from the present 75 million tonnes to 300 million tonnes in coming days."
"The state will earn as much as Rs 1,000 crore per annum after upgradation of railway network in Talcher," he added.
Meanwhile, Mahanadi Coalfield (MCL), a subsidiary of Coal India, recently partnered with IRCON International and state-owned IDCO (Industrial Infrastructure Development Corporation) and set up Mahanadi Coal Railway to develop the rail infrastructure in the state.