CR completes land acquisition for Rs 3,445.cr rail project
In order to bridge the gap between Marathwada and Vidarbha regions, the Central Railway has completed 90% of the land acquisition required for the Nanded-Wardha 284.6km-long rail project, which involves an investment of Rs 3,445.8 crore. The rail line requires the acquisition of 2,139 hectares of land, and a substantial portion, approximately 1,912 hectares, has already been secured, as stated in an official statement by the Central Railway. The completion of this new rail connection is poised to substantially enhance connectivity between Marathwada’s Hingoli and Nanded and Vidarbha’s Wardha, Yavatmal, and Washim districts. In addition to improving connectivity, it is also expected to boost socio-economic development in these regions. The funding for this project is divided, with the Indian Railways covering 60% of the cost and the state government covering the remaining 40%.
📅Published on:
08 September 2023
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