These projects are part of the railways' plan to introduce high-speed corridors connecting the 'Golden Quadrilateral' spanning over 10,000 km that will connect Delhi, Chennai, Mumbai and Kolkata.
Minister of state for railways Manoj Sinha on Wednesday informed the Lok Sabha that 81% of the project cost for the Mumbai-Ahmedabad high-speed corridor will be met through the STEP loan offered by the government of Japan. He said the contract to undertake a feasibility study for the other three identified high-speed corridors has been awarded to various consortia.
These projects are part of the railways’ plan to introduce high-speed corridors connecting the ‘Golden Quadrilateral’ spanning over 10,000 km that will connect Delhi, Chennai, Mumbai and Kolkata. The feasibility study for the Delhi-Mumbai corridor has been awarded to consortium with China-based Third Railway Survey and Design Institute Group Corporation as a lead partner and India-based Lahmeyer International.
The study for the Mumbai-Chennai corridor has been awarded to a consortium with France-based SYSTRA as a lead partner and RITES-Ernest and Young LLP as other partners. Consortia lead by Spain-based INECO, TYPSA & Intercontinental Consultants & Technocrats Pvt. Ltd have been awarded the contract to undertake a study on the Kolkata-Delhi corridor. The feasibility for the Delhi-Nagpur section part of the Delhi-Chennai high-speed corridor is being done through government-to-government co-operation with the China.
The 505-km Mumbai-Ahmedabad bullet train project is estimated to cost a whopping R98,000 crore and is supposed to cut down the travel time from the present seven hours to two hours after its completion. The national transporter, in co-ordination with Japan International Cooperation Agency (JICA), submitted its feasibility report for the Mumbai-Ahmedabad corridor in July this year.
Sources in the government state that the feasibility report has been forwarded to the ‘Empowered Committee for Innovative Collaborations’ headed by NITI Aayog vice-chairman Arvind Panagariya.