Yes. But here the allocation is for just electrification of the remaining line. So "if and when" the funds are given for PFs and buildings and all, then some more time will take.
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An aside: People there didn't know about this yard or when station will come up. All they know is only freight trains are being operated for those industries. Hope they are pleasantly surprised when they build the requisite amenities and start passenger trains, whenever that is......