"During the last board meeting, the East Corridor Railway project in Chhattisgarh was approved," a senior Coal India official told media.
The around 180-km long East Corridor will take the route – Kharsia-Chhal-Gharghoda–Korichhapar-Dharamjaygarh-Korba -- and connect mines of Gare-Pelma block.
The project will be developed by special project vehicle (SPV), Chhattisgarh East Rail Ltd and South Eastern Coalfields Ltd holds its 64 percent stake, while Indian Railways promoted Ircon has 26 percent share and Chhattisgarh government 10 percent.
Another rail project, East-West Corridor has also been planned by another SPV, Chhattisgarh East-West Rail Ltd with the same shareholding pattern. The Coal India board is yet to clear this project.
The Coal India official said though projects are given approvals, they will have to be placed again before the full-board with independent directors for ratification.
Currently, there are only seven board members out of total strength of 14 members without any independent directors.
Three critical railway lines in Chhattisgarh, Odisha and Jharkhand will increase coal evacuation by 200 million tonne over the next several years. The Coal Ministry has identified 51 new railway lines to connect blocks of various Coal India subsidiaries.

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