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.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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
Real Estate

Platinum Corp Launches Bespoke Presidential Suites

Platinum Corp has launched Platinum Stellar: Bespoke Presidential Suites, a luxury residential project on Main Avenue in Santacruz, Mumbai. The project has been positioned as a boutique, design-led development for high-net-worth individuals, business owners and legacy residents from the Bandra-Khar-Santacruz belt.The project has been developed in collaboration with celebrity interior designer Sussanne Khan and follows a design-first approach inspired by Art Deco architecture. It incorporates refined detailing, spacious layouts, premium material palettes and arrival experiences planned to creat..

Next Story
Infrastructure Transport

Adani Airport City Plans Rs 200 Bn Investment

Adani Airport City Limited (AACL), a wholly owned subsidiary of Adani Airport Holdings Limited (AAHL), has announced a programme to develop integrated airport cities across its airport network. The first phase will involve an investment of more than Rs 20,000 crore and cover around 22 million sq ft across Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati.The development spans over 655 acres across six airports in five states. Nearly 440 acres are located in Mumbai and Navi Mumbai, which will receive close to 70 per cent of the planned investment. The focus reflects the Mumbai Metrop..

Next Story
Infrastructure Urban

Vedanta contributes Rs 627.22 billion to exchequer

Vedanta Limited contributed Rs 627.22 billion to the exchequer in FY26, according to its 11th Tax Transparency Report. The contribution accounted for 36 per cent of the company’s consolidated revenue from operations and reflected its focus on transparent governance, fiscal discipline and nation-building.The FY26 contribution marked a 13.3 per cent increase over the previous year. Vedanta’s cumulative contribution to the exchequer over the past decade reached Rs 4.83 trillion. The company said the Group ranks among India’s top three private-sector contributors to the national exchequer.Th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement