Private entities to be involved for bullet train projects
RAILWAYS & METRO RAIL

Private entities to be involved for bullet train projects

Image courtesy: Business Today

The Indian Railways is considering having private players for constructing and operating its planned seven new bullet train projects.

The new corridors will connect 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). 

The government has asked National High-Speed Rail Corporation (NHSRCL) for detailed project reports (DRPs) of the seven new corridors. The capital costs will be decided once the DPRs are ready as many factors need to be taken into consideration.  The Centre is planning to invest Rs 10 trillion into these bullet train projects. These projects will span over a distance of 4,869 km with per km cost of Rs 2.13 billion.

63 per cent of the land required for the new project – which includes 22 per cent in Maharashtra, 80 per cent in Dadar and Nagar Haveli and 77 per cent in Gujarat has already been acquired. But, land acquisition issues in places like Navsari in Gujarat and Palghar in Maharashtra are yet to be figured out 
 
These routes will be in addition to the already planned Mumbai – Ahmedabad corridor. It is important to note that the 508 km long Mumbai Ahmedabad speed rail corridor will miss its deadline of December 2023 because of the pandemic. Reportedly NHSRCL has stated that this project in itself will be creating more than 90,000 direct and indirect jobs in various categories as the construction of the railway lines require more than 51,000 technicians, skilled and unskilled workers.

The construction works for the high-speed railway corridor project will include 12 stations, a 460-km long viaduct, a 7-km undersea tunnel, 26-km-long tunnels and 27 steel bridges. 64 per cent of land required for the construction of the project has been acquired, most of which is from Gujarat and some from Maharashtra.

It is also worthy to note that this involvement of private players comes with a backdrop of railways trying to attract private players for its Rs 1-trillion station redevelopment and Rs 300 billion private train project. The last date of application for private investors is October 7.


Image courtesy: Business TodayThe Indian Railways is considering having private players for constructing and operating its planned seven new bullet train projects.The new corridors will connect 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). The government has asked National High-Speed Rail Corporation (NHSRCL) for detailed project reports (DRPs) of the seven new corridors. The capital costs will be decided once the DPRs are ready as many factors need to be taken into consideration.  The Centre is planning to invest Rs 10 trillion into these bullet train projects. These projects will span over a distance of 4,869 km with per km cost of Rs 2.13 billion.63 per cent of the land required for the new project – which includes 22 per cent in Maharashtra, 80 per cent in Dadar and Nagar Haveli and 77 per cent in Gujarat has already been acquired. But, land acquisition issues in places like Navsari in Gujarat and Palghar in Maharashtra are yet to be figured out  These routes will be in addition to the already planned Mumbai – Ahmedabad corridor. It is important to note that the 508 km long Mumbai Ahmedabad speed rail corridor will miss its deadline of December 2023 because of the pandemic. Reportedly NHSRCL has stated that this project in itself will be creating more than 90,000 direct and indirect jobs in various categories as the construction of the railway lines require more than 51,000 technicians, skilled and unskilled workers.The construction works for the high-speed railway corridor project will include 12 stations, a 460-km long viaduct, a 7-km undersea tunnel, 26-km-long tunnels and 27 steel bridges. 64 per cent of land required for the construction of the project has been acquired, most of which is from Gujarat and some from Maharashtra.It is also worthy to note that this involvement of private players comes with a backdrop of railways trying to attract private players for its Rs 1-trillion station redevelopment and Rs 300 billion private train project. The last date of application for private investors is October 7.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code