August 18, 2017 5:34 PM 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
Age: 56
Director of Operations & Business Development and Director
Age: 56
Chief Vigilance Officer
Dy Chief Vigilance Officer
Compensation as of Fiscal Year 2017.

Dedicated Freight Corridor Corporation of India Limited Key Developments

Monash University's Institute of Railway Technology Signs Agreement with Dedicated Freight Corridor Corporation of India Limited

Monash University's Institute of Railway Technology signed an agreement with Dedicated Freight Corridor Corporation of India Limited to assist with the establishment of a new research and development institute in India. The agreement was signed on March 16, 2017 in New Delhi, India. Representatives of DFCCIL and Monash University's Institute of Railway Technology The research institute, SRESTHA (Special Railway Establishment for Strategic Technology Holistic Advancement), will impact the entire Indian railways system, with the outcomes of the researches making some significant advancements in the field. The institute will be engaging teams of top scientists and experts from the industry to analyze and innovate to create cutting edge technology. This project will also work in an advisory capacity to the Indian Railways on International models that can be adapted to the Indian railway ecosystem. The move to create SRESTHA has been part of Indian Railway 2017 budget which put forward several technology-led initiatives for the improvement of railways and passenger amenities. The institute, its core ideologies and focus will be created under the guidance and professional expertise of IRT.

Indian Government Has Lined Up 9 Rail PSU For IPO

Indian government has lined up 9 Rail PSU for IPO. Government has lined up 9 rail PSUs for IPO. Determined to meet its INR 725 billion disinvestment target in the fiscal 2017-18, the government is preparing to line up nine more railway PSUs, including Konkan Railway Corporation Limited and Kolkata Metro Rail Corporation Ltd., for initial public offer (IPO). In addition, it is already planning further stake sale in five listed PSUs, either through public offer or share buyback. Mumbai Railway Vikas Corporation Ltd, Rail Vikas Nigam Limited, RailTel Corporation of India Ltd., Dedicated Freight Corridor Corporation of India Limited, Burn Standard Company Limited, Braithwaite & Company Limited and Bharat Wagon & Engineering Company Ltd. are the other railway PSUs identified for listing in the coming financial year 2017-18, according to government sources.

Recent Private Companies Transactions

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