MoU for Rs 600 crore rail factory at Sonipat soon

Chandigarh | Friday | 16th June, 2017

Summary:

CHANDIGARH: A rail coach refurbishing and rehabilitation factory would be set up in the industrial estate of Barhi in Sonipat district at a cost of around Rs 600 crore. A memorandum of understanding in this regard would soon be signed between Union ministry of railways and Haryana State Industrial and Infrastructure Development Corporation (HSIIDC). The lease period would initially be for 30 years which can be extended by another 30 years based on mutual consent. "As a follow-up to the announcement, a proposal has been received from the Ministry of Railways for setting up the factory," Vundru said.The project would refurbish 500 to 700 coaches every year. The component of manufacturing would be added to the project subsequently..