August 25, 2016 1:30 AM ET

Transportation Infrastructure

Company Overview of Dedicated Freight Corridor Corporation of India Limited

Company Overview

Dedicated Freight Corridor Corporation of India Limited, a special purpose vehicle, engages in the planning and development, mobilization of financial resources and construction, and maintenance and operation of freight corridors in India. The company was incorporated in 2006 and is based in New Delhi, India. It has field units in Mumbai, Surat, Vadodara, Ahmadabad, Ajmer, Jaipur, Ludhiana, Noida, Kanpur, Allahabad, Mughalsarai, and Kolkata, India.

5th Floor

Pragati Maidan

Metro Station Building Complex

New Delhi,  110001

India

Founded in 2006

Phone:

91 11 2345 4890

Fax:

91 11 2345 4701

Key Executives for Dedicated Freight Corridor Corporation of India Limited

Managing Director and Director
Director of Finance and Director
Director of Operations & Business Development and Director
Age: 55
Chief Vigilance Officer
Dy Chief Vigilance Officer
Compensation as of Fiscal Year 2016.

Dedicated Freight Corridor Corporation of India Limited Key Developments

Dedicated Freight Corridor Corporation of India Limited Approves Letter of Acceptance of Proposed Joint Venture of Alstom India Limited and Alstom Transport S.A

ALSTOM India Ltd. announced that the proposed Joint venture of ALSTOM India Limited and Alstom Transport S.A. has been issued a Letter of Acceptance by Dedicated Freight Corridor Corporation of India Limited for Design, Construction, Supply, Testing and Commissioning of 2X25kv AC 50 Hz Electrification, Signalling, and Telecommunication and Associated Works of Double Track Railways Lines Under Construction on a Design Build Lump Sum Basis for Bhaupur-Khurja Section of Eastern Dedicated Freight Corridor (System Works Contract Package 104) for an accepted contract amount of approximately INR 14,970 million. Further the company has informed that, AIL had completed the sale and transfer of its transportation systems undertaking to ALSTOM Transport India Limited, as a going concern on a ??slump sale?? basis on March 31, 2014. Before the sale and transfer of the Transport Undertaking, AIL and ATSA had participated in the bidding process in February 2013 against which the aforesaid LoA has been issued by DFCCIL. Pursuant to the said LoA, AIL and ATSA shall incorporate a Special Purpose company for the purpose of executing the aforesaid project. The role of AIL in such SPC shall be limited only to equity participation not exceeding 5% (not exceeding INr 80 million).

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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