Konkan Rail­way part­ners Shapoorji Pal­lonji for new line

The Financial Express - - COMPANIES -

Mum­bai, Aug 12: Konkan Rail­way has iden­ti­fied Shapoorji Pal­lonji as the pri­vate part­ner for con­struc­tion of new 103 kilo­me­tres rail­way line from Chiplun to Karad. A mem­o­ran­dum of un­der­stand­ing will be signed be­tween the govern­ment and Shapoorji Pal­lonji Group on Sun­day. The project, slated to cost over R3,000 crore, is a joint ini­tia­tive by the union min­istry of rail­ways un­der Suresh Prabhu and govern­ment of Ma­ha­rash­tra. fe Bureau

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