Ircon said that the cost of this line is approximately 325 crores and the work is executed by Ircon International under an SPV named Chhattisgarh East Railway Limited.
Notably, SECL, IRCON and Chhattisgarh Government are shareholders for the SPV. With this development, the Goods train can reach up to Durgapur, Baroud and Chhaal mines of SECL, consequently enhancing the earning of SECR and SECL
In October 2019, a section of 44Km length between Kharsia to Korichhaparis already made operational by Ircon.
Ircon stated that now, with the completion of Korichhapar-Dharamjaigarh, the complete section of 74 Km between KharsiaDharamjaigar his functional. Commencement of this section will help in evacuation of coal from North Chhattisgarh Area thereby helping in developing the entire nation. This 74 Km is the first stretch being commissioned under the PPP model.