Delhi-Varanasi, Mumbai-Nagpur amongst 7 new bullet prepare initiatives, to value Rs 10 lakh crore

The federal government is mulling investing of Rs 10 lakh crore into seven new bullet prepare initiatives. The report comes days after the Railways had indicated that the primary such undertaking on Mumbai-Ahmedabad route might even see delay amid the continuing coronavirus disaster.

The brand new initiatives embrace – Delhi-Varanasi (865 km), Mumbai-Nagpur (753 km), Delhi-Ahmedabad (886 km), Chennai-Mysore (435 km), Delhi-Amritsar (459 km), Mumbai-Hyderabad (711 km) and Varanasi-Howrah (760 km).

“As of now, the federal government has requested us to organize detailed undertaking stories (DPRs) of seven new corridors. Capital prices will be determined solely after the DPR is ready, as plenty of issues like terrains and route size are an element,” Enterprise Customary reported citing Achal Khare, managing director of Nationwide Excessive-Pace Rail Company (NHSRCL) as saying.

“All the brand new corridors might not essentially be constructed utilizing Japanese expertise. Therefore, the associated fee might differ,” the day by day additionally reported citing an unidentified official.

Chairman and CEO of the Railway Board V Okay Yadav had not too long ago mentioned a “actual timeframe” for the completion of the Mumbai-Ahmedabad bullet prepare plan must be “reassessed” because the land acquisition for the undertaking has been delayed because of the coronavirus disaster. It additionally mentioned {that a} clear timeline on this regard can solely be supplied within the subsequent three to 6 months.

Yadav’s feedback got here amid stories that the bullet prepare undertaking might fail to fulfill its December 2023 deadline. “We hope that throughout the subsequent three to 6 months, we will get to that time the place we’ve 90-100 per cent of the land. Our designs are prepared and we’re set to go,” Yadav had additionally mentioned.

“Because the COVID19 scenario improves, the Railways will begin the bidding course of and throughout the subsequent three to 6 months, we will get the standing of land acquired. It’ll then be the suitable time to reassess the undertaking. As soon as the land standing is ascertained, we will present an actual timeframe for the completion of the undertaking,” the railway board chairman had mentioned.

Additionally learn: Bullet prepare might miss 2023 deadline as a consequence of COVID-19 pandemic

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