National High Speed Rail on bullet mode

163 villages in eight Gujarat districts, 44 villages in three districts of Maharashtra, and Dadra Nagar Haveli to come under project area

Bullet train
Bullet train
Shine Jacob New Delhi
Last Updated : Sep 23 2017 | 2:13 AM IST
A week after the inauguration of the high-speed train corridor between Ahmedabad and Mumbai, National High Speed Rail Corporation Ltd (NHSRCL) has sprung into action.

The company’s office at Asia Bhavan in Delhi’s Dwarka Colony has become active even though it has only 22 employees.

“We are finishing reports on the environment impact assessment and social impact assessment within one and a half months, so that a loan agreement can be signed with the Japan International Cooperation Agency (JICA) in two months. At present, we have signed a loan agreement for the institute and initial work (Rs 6,000 crore), while for the remaining loan amount an understanding has been reached,” Achal Khare, managing director of NHSRCL, told Business Standard. 

Of the Rs 1.10 lakh crore required for the project, Japan is providing Rs 88,000 crore as soft loan at a minuscule rate of 0.01 per cent. The construction of the High Speed Rail Training Institute on the campus of the National Academy of Indian Railways (NAIR) in Vadodara has started.

The company is yet to get the loan but officials say the JICA is providing it as reimbursement of the expenditure. “For the institute, we are following a reimbursement model because we don’t want payments to service providers to be delayed,” Khare said. 

While the government holds a 50 per cent stake in NHSRCL, 25 per cent each is owned by the state governments of Maharashtra and Gujarat. 

During the period of construction, the company will increase its staff strength to 250, and then to 4,000 once the bullet train starts. Of the rail length of 508.17 km, 155.64 km falls in Maharashtra, 350.53 km in Gujarat, and 2 km in Dadra and Nagar Haveli. 

According to the contract, civil works for 450 km will be open for Indian companies. 

“Contracts for areas where Shinkansen technology is required — like signalling, electrical, rolling stocks, and tracks — will be open for only Japanese companies. These companies will train our workers and do it in the Make in India model,” Khare added.

In the initial stage, the route will have 35 trains with 10 coaches each, and subsequently 105 trains by 2053. 

The train will have 12 stations: Mumbai, Thane, Virar, Boisar, Vapi, Bilimora, Surat, Bharuch, Vadodara, Anand, Ahmedabad, and Sabarmati, running at a speed of 320-350 km per hour. 

“We expect to complete the project on August 15, 2022. As the minister is planning I hope India is be able to see high-speed trains on the entire diamond quadrilateral,” Khare added. 

The diamond quadrilateral is a planned high-speed rail network connecting four metro cities, in line with the golden quadrilateral project for roadways.

AT WHAT COST
  • 163 villages in eight Gujarat districts, 44 villages in three districts of Maharashtra, and Dadra Nagar Haveli to come under project area
  • Nearly 2,761 families to be affected, 1,451 will be displaced
  • The initial land requirement was 1,650 hectares, but the NHSRCL cut it short to 825 hectares


One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story