India appoints foreign firms for high-speed rail studies

Image
Reuters MUMBAI
Last Updated : Sep 23 2015 | 7:48 PM IST

By Tommy Wilkes

MUMBAI (Reuters) - India has appointed Chinese, French and Spanish firms to conduct studies into building three high-speed rail lines linking its major cities, the railways ministry said on Wednesday.

A consortium led by China's national train operator has been chosen to conduct a feasibility study for a 1,200 kilometre line between Delhi and the country's financial capital Mumbai, the ministry said in a statement.

France's SYSTRA engineering consultancy will lead a consortium conducting a study into a proposed line between Mumbai and the southern city of Chennai, and Spanish transport consultancy Ineco will do a feasibility study on connecting Delhi with Kolkata in eastern India.

China last year offered to pay for a study into a line linking Delhi and Chennai, completing a quadrilateral of routes crisscrossing the country that would drastically speed up travels times between India's major cities.

The country's British-built railway network is vast but old and has laboured under years of insufficient investment and much of it is now slow, badly congested and often cited as a symbol of how far Indian infrastructure lags China's.

India's fastest train, dubbed "semi high-speed" by locals, runs at around 160 kilometres per hour, barely a third of the top-speed of China's fastest, along a short stretch in the north.

Attracted by the scale of India's transport needs, rail companies have been aggressively campaigning to export their technology, although the Indian government has not said how it would pay for the high-speed lines if they eventually get the green light.

A study into another high speed project -- a 500-kilometre route between Mumbai and Ahmedabad -- is being conducted by the Japan International Cooperation Agency. The study has estimated that the project would cost 600 billion rupees ($9.1 bln).

($1 = 65.9612 Indian rupees)

(Reporting by Tommy Wilkes; Editing by Susan Fenton)

*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

More From This Section

First Published: Sep 23 2015 | 7:29 PM IST

Next Story