Pune-Mumbai-Ahmedabad would probably be the first rail line in the country to have a high-speed corridor
The contract will be on a design, build, finance, operate and transfer basis and all revenue risk can be transferred to the private developer.
The estimated cost for the infrastructure might be around Rs 50,000 crore and another Rs 7,000 crore for rolling stock, averaging approximately Rs 100 crore per km.
The estimated traffic projection is around 26.6 million passengers in 2021. This is expected to rise to 104 million passengers in 2041. The likely alignment is expected to include a tunnel of 18.3 km between Lonavala and Karjat.
These high-speed rail routes are expected to be built as elevated corridors, in keeping with the pattern of habitation and the constraint of land.
"We are in the process of establishing a representative office near Delhi to begin with. Depending on orders that we receive in future, we may form a subsidiary firm. The representative office will be set up in next two months," said Talgo's market development director Mario Oriol.
"We are in the process of setting up the National High Speed Rail Authority (NHSRA), an autonomous body, to implement and monitor the high speed train project in the country and for this a legislation is required to set up the Authority," said a senior Railway Ministry official.
And last but not least, find an interview with the chairman and CEO of Taiwan High Speed Rail Corporation (THSRC), Mr Ou Chin-Der, who is to be congratulated on turning around the fortunes of Taiwan's high-speed railway. THSRC went from making losses during the first four years of operation to produce sufficient profit to be able to start repaying debt in challenging trading conditions.
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