KRCL was a Joint Venture company formed with equity contribution from RVNL, GoG, KPT and GAPL. The framework for its responsibilities, funding and construction pattern was delineated in the form of various agreements that were signed by the stakeholders. Its primary objective was to convert the existing MG link between Gandhidham and Palanpur to BG, in order to help Kandla Port and Mundra Port connect better with the northern and north western regions of India. While this segment was considered the main project link, there were discussions related to the conversion of an additional segment and train operations on part of the project link. ABC bank was debating extending debt to KRCL, and its appraisal committee has to assess the associated risks and project viability to make a decision.