Moneycontrol PRO
HomeNewsBusinessCentre planning 7 new bullet train corridors at Rs 10 lakh crore: Report

Centre planning 7 new bullet train corridors at Rs 10 lakh crore: Report

The government has asked for detailed project reports of the seven new corridors for bullet trains, NHSRCL MD Achal Khare said

September 15, 2020 / 11:36 IST
Representative Image

The Centre has plans for seven more bullet train projects worth Rs 10 lakh crore even as COVID-19 and land acquisition issues have delayed the Mumbai-Ahmedabad corridor by five years.

Covering a distance of 4,869 kilometres, cost per kilometre would be Rs 213 crore. The corridors will be Delhi-Ahmedabad, Delhi-Amritsar, Delhi-Varanasi, Chennai-Mysore, Mumbai-Hyderabad, Mumbai-Nagpur and Varanasi-Howrah, sources told the Business Standard.

Achal Khare, Managing Director, National High-Speed Rail Corporation (NHSRCL) told the paper that cost will be determined after detailed project reports (DRPs) of the new corridors are done.

Follow our LIVE Updates on the coronavirus pandemic here

“The government has asked for DRPs of the seven new corridors. Capital costs can be decided only after the DPR is prepared, as a lot of things like terrains and route length are a factor," Khare said.

A senior official told the paper the NHSRC has already acquired 63 percent of the land required for the new corridors – including 80 percent in Dadar and Nagar Haveli, 77 percent in Gujarat, and 22 percent in Maharashtra. Land acquisition issues in Navsari (Gujarat) and Palghar (Maharashtra) are yet to be sorted, they added.

The official also added that not all corridors will be built using Japanese Shinkansen technology. Thus, the cost for the newer projects may differ from the Mumbai-Ahmedabad corridor.

Moneycontrol could not independently verify the report.

The 508 km Mumbai-Ahmedabad bullet train corridor is being built at a cost of Rs 1.08 lakh crore and uses Shinkansen technology. It was scheduled to be completed by December 2023, but land acquisition issues and difficulty in issuing tenders due to the coronavirus pandemic have delayed the project till October 2028.

Follow our full COVID-19 coverage here

Moneycontrol News
first published: Sep 15, 2020 11:36 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347