New Delhi, India, 7th November 2022: Dedicated Freight Corridor Corporation of India (DFCCIL) has been conferred with "Excellence in Railway Freight & Logistics Infrastructure" Award in ‘Rail & Metro’ category at the 2nd Urban Infra Business Summit & Awards 2022 held on 7th November 2022 at India International Centre, New Delhi.
The award was given at a grand ceremony - 2nd Urban Infra Business Summit & Awards 2022 hosted by Urban Infra Group on 7th November 2022 at India International Center, New Delhi, India. The award ceremony was attended by dignitaries from the nodal ministries, government departments, public sector undertakings (PSUs), and industry leaders from the leading multi-national companies (MNCs) engaged in developing major urban infrastructure in India.
In October 2006, Dedicated Freight Corridor Corporation of India (DFCCIL) has been incorporated under Ministry of Railways as a Special Purpose Vehicle for construction, operation, and maintenance of the proposed dedicated freight corridors. This led to the establishment of DFCCIL to undertake planning & development, mobilization of financial resources, construction, operation & maintenance, and business development of the dedicated freight corridors.
DFCCIL is responsible for: 1) Creating a partnership with Indian Railway for retaining and expanding the market share of railways through efficient and reliable service with customer focus. 2) Building a corridor with appropriate technology that enables Indian Railways to regain its market share of freight transport by creating additional capacity and guaranteeing efficient, reliable, safe, and cheaper options for mobility to its customers. 3) Set up Multi-modal logistic parks along the DFC to provide complete transport solution to customers. 4) Supporting the government's initiatives toward ecological sustainability by encouraging users to adopt railways as the most environment friendly mode for their transport requirements.
DFCCIL will decongest already saturated road network & promote shifting of freight transport to more efficient rail transport. This shift is expected to offer significant reduction of Green House Gas (GHG) emissions in transport sector in India. It is expected that DFC will save more than 450 million ton of CO2 in first 30 years of operation (Assessment based on Ernst & Young study).
The Urban Infra Business Leadership Awards are given to corporate and individual leaders in recognition and honor for their extraordinary contribution to developing major infrastructure projects in India through their innovative ideas, products, and services. A total of 41 (9 individuals and 32 corporate) were felicitated with the 2nd Urban Infra Business Leadership awards.
The 1st edition of Urban Infra Business Leadership Awards was held virtually in 2020 due to the countrywide pandemic.
The Urban Infra Group is comprised of three leading media firms - Urban Infra Communication, Urban Transport News, and Metro Rail Today - working for trustworthy journalism for urban infra sectors in India.
The 3rd edition of Urban Infra Business Summit & Awards 2023 is scheduled on 10th October 2023 at India International Centre, New Delhi, India.
Nominations open for the 3rd Urban Infra Business Leadership Awards 2023.
Click here to nominate an individual or company for the next edition of awards now!
