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.

Next Story
Products

Viva ACP Launches FR A1-Rated Honeycomb Panels for Fire Safety

Viva, Asia’s largest manufacturer and supplier of aluminium composite panels (ACP) introduced its FR A1-rated Honeycomb Panels, setting a new industry benchmark for fire safety and architectural excellence. Engineered to deliver exceptional performance, these panels combine advanced fire-resistance technology with aesthetic versatility, offering a revolutionary solution for safety-critical environments.The FR A1 rating represents the highest standard of fire resistance under the European Standard EN 13501-1, signifying non-combustibility and zero contribution to fire, smoke, or toxic emissio..

Next Story
Real Estate

Almal Real Estate Expands into Commercial, Global Markets

Almal Real Estate Development is soon to announce its upcoming expansion into new verticals and international markets as part of its strategic growth plans for 2030. The company, known for its innovative luxury residential and hospitality developments, is preparing to diversify into the commercial sector with the introduction of The Smart Space, a network of business centers in UAE featuring five-star amenities. Additionally, Almal is entering new markets in Bali and Thailand as a community developer, focusing on villa and townhouse projects.The expansion into the commercial real estate sector..

Next Story
Infrastructure Urban

NABARD Approves Rs 9.03 Billion for 127 Projects in Himachal

The Himachal Pradesh government has secured approval from the National Bank for Agriculture and Rural Development (NABARD) for 127 projects worth Rs 9.03 billion for the 2024-25 fiscal, Chief Minister Sukhvinder Singh Sukhu announced. During a meeting with MLAs from Kangra, Kullu, Kinnaur, Solan, Chamba, Bilaspur, and Lahaul-Spiti districts to discuss priorities for the 2025-26 budget, Sukhu said the approved projects include 50 MLA-priority schemes under the Public Works Department, valued at Rs 4.12 billion, and 23 MLA-priority schemes under the Jal Shakti Vibhag, costing Rs 1.79 billio..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?