+
Centre to invest in 7 new bullet train corridors
RAILWAYS & METRO RAIL

Centre to invest in 7 new bullet train corridors

Image courtesy: The Financial Express


The Centre is planning to invest Rs 10 trillion in seven new bullet train projects. This decision comes even though there has been a delay in the execution of the Mumbai – Ahmedabad corridor by few years due to COVID-19 and lockdown.


The new corridors will be connecting Delhi-Varanasi (865 km), Delhi-Ahmedabad (886 km), Delhi-Amritsar (459 km), Chennai-Mysore (435 km), Mumbai-Hyderabad (711 km) Mumbai-Nagpur (753 km) and Varanasi-Howrah (760 km). These projects will span over a distance of 4,869 km with per km cost of Rs 2.13 billion.


Reportedly the government has asked National High-Speed Rail Corporation (NHSRCL) for detailed project reports (DRPs) of the seven new corridors.


The foundation stone of 508 km long Mumbai-Ahmedabad speed rail corridor was laid on September 14, 2017, by Prime Minister Narendra Modi and Prime Minister of Japan Shinzo Abe. The project is being built using Japanese Shinkansen technology and it costs $ 17 billion. The train will run at a speed of 300 km per hour and is expected to reduce the travel time by two hours.


This ambitious project was scheduled to be completed by December 2023 but it failed to meet the deadline. This delay is an aftermath of COVID-19 and lockdown and the difficulty caused in issuing tenders and land acquisition.


It is important to note that not all the projects will be developed using the Japanese Shinkansen technology. And, the cost of the new projects might differ from the cost of Mumbai – Ahmedabad corridor. The cost will be determined only after the DPR is prepared, as a lot of factors like terrains and route length are a need to be taken into consideration.


Reportedly NHSRC has already acquired 63 percent of the land required for the new project – which includes 22 percent in Maharashtra, 80 percent in Dadar and Nagar Haveli and 77 percent in Gujarat, and land acquisition issues in places like Navsari in Gujarat and Palghar in Maharashtra are yet to be figured out.

Image courtesy: The Financial ExpressThe Centre is planning to invest Rs 10 trillion in seven new bullet train projects. This decision comes even though there has been a delay in the execution of the Mumbai – Ahmedabad corridor by few years due to COVID-19 and lockdown.The new corridors will be connecting Delhi-Varanasi (865 km), Delhi-Ahmedabad (886 km), Delhi-Amritsar (459 km), Chennai-Mysore (435 km), Mumbai-Hyderabad (711 km) Mumbai-Nagpur (753 km) and Varanasi-Howrah (760 km). These projects will span over a distance of 4,869 km with per km cost of Rs 2.13 billion.Reportedly the government has asked National High-Speed Rail Corporation (NHSRCL) for detailed project reports (DRPs) of the seven new corridors.The foundation stone of 508 km long Mumbai-Ahmedabad speed rail corridor was laid on September 14, 2017, by Prime Minister Narendra Modi and Prime Minister of Japan Shinzo Abe. The project is being built using Japanese Shinkansen technology and it costs $ 17 billion. The train will run at a speed of 300 km per hour and is expected to reduce the travel time by two hours.This ambitious project was scheduled to be completed by December 2023 but it failed to meet the deadline. This delay is an aftermath of COVID-19 and lockdown and the difficulty caused in issuing tenders and land acquisition.It is important to note that not all the projects will be developed using the Japanese Shinkansen technology. And, the cost of the new projects might differ from the cost of Mumbai – Ahmedabad corridor. The cost will be determined only after the DPR is prepared, as a lot of factors like terrains and route length are a need to be taken into consideration.Reportedly NHSRC has already acquired 63 percent of the land required for the new project – which includes 22 percent in Maharashtra, 80 percent in Dadar and Nagar Haveli and 77 percent in Gujarat, and land acquisition issues in places like Navsari in Gujarat and Palghar in Maharashtra are yet to be figured out.

Next Story
Infrastructure Transport

Rs 19.5 Billion Meerut–Nazibabad Rail Electrification Complete

The Rs 19.5 billion railway electrification of the Meerut–Nazibabad section has been completed, marking a major step towards improving connectivity in northern India. The project covers 132 kilometres of track and is expected to enhance operational efficiency while reducing travel time and fuel costs.Officials from the Ministry of Railways said the electrification will enable faster, more reliable train services and contribute to reduced carbon emissions. The initiative aligns with the government’s broader goal of achieving 100 per cent electrification of India’s railway network by 2030...

Next Story
Infrastructure Urban

AU Small Finance Bank Secures RBI Approval For Universal Bank

AU Small Finance Bank has received approval from the Reserve Bank of India (RBI) to transition into a universal bank. The move will allow the Jaipur-based lender to expand its range of financial services and compete directly with larger commercial banks.Founded in 1996 as a non-banking finance company, AU Small Finance Bank became a small finance bank in 2017. The transition to a universal bank will enable it to offer a broader portfolio, including enhanced corporate banking, treasury operations, and new retail products.Managing Director and CEO Sanjay Agarwal said the approval marks a signifi..

Next Story
Building Material

India Cements Q1 Loss Narrows To Rs 276 Million On Higher Sales

India Cements Ltd has reported a consolidated net loss of Rs 276 million for the quarter ended June 2025, narrowing from a loss of Rs 831 million a year earlier. Consolidated revenue from operations rose 20 per cent year-on-year to Rs 17.9 billion from Rs 14.9 billion.The company attributed the improvement to higher sales volumes and better price realisations, which offset some of the impact of elevated fuel and raw material costs. EBITDA turned positive at Rs 1.1 billion, compared with a loss in the same period last year.Vice Chairman and Managing Director N. Srinivasan said the company will ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?