New Delhi : Work on Kolhapur-Vaibhavwadi section of Konkan Railway will begin soon. This section is 103-Km long which would link the coastal region of Maharashtra . It would help in development of harbours and ports, commerce ministry said.
The decision was taken at a meeting of Konkan Railway chaired by Commerce and Industry Minister Suresh Prabhu.
Prabhu stated that this line construction would facilitate petroleum movement from the worlds largest integrated refinery and petrochemical complexes which is being built near Vaibhavwadi in Ratnagiri district.
The USD 40-billion mega refinery is being built by IOC, HPCL and BPCL, ministry said.
It is expected to be commenced by 2022
Prabhu also said” The future economic growth of Maharashtra depends on connectivity of its coastal areas with the rest of the country”
The 50% of cost will bear by Indian Railways and rest will be borne by state government
Railway Board Chairman, CMD, Konkan Railway and other senior officials were attended the meeting.
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