Project report on rail corridor soon

E. Sreedharan, principal adviser, Delhi Metro Rail Corporation (DMRC), has said that the project report on the Rs.1-lakh-crore Thiruvananthapuram-Kasaragod high-speed rail corridor will be submitted to the Union government soon for approval.

Talking to presspersons at the Government Victoria College (his alma mater) here, where he was given a reception on Wednesday, Mr. Sreedharan said a train could run at a speed of 350 km per hour on the 560-km-long railway line.

‘‘It could be completed in a period of seven years. Later, the line could be extended to Mangalore,’’ he said.

Mr. Sreedharan said ‘‘the railway line could be constructed without evicting people except in extreme cases. There will be 11 railway stations, which will be constructed on vacant land, already identified by the DMRC, which is preparing the project report.’’

The project report requires sanction from the Central government and Railways, he said adding the problem with the ambitious project is only the funds and not land, technology, or viability.

He said that Kochi Metro Rail Limited (KMRL) would go for loan from the French financial institution Agence Francaise de Development (AFD) as it was ready to give the money immediately so that the work could be started soon. The proposed funding from the Japan International Cooperation Agency (JICA) can wait as it will take one year to release the money.

http://www.thehindu.com/todays-paper/tp-national/tp-kerala/project-report-on-rail-corridor-soon/article4532292.ece

Advertisements

The URI to TrackBack this entry is: https://indianrlys.wordpress.com/2013/03/21/project-report-on-rail-corridor-soon/trackback/

RSS feed for comments on this post.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: