National High Speed Rail Corporation Limited

The National High Speed Rail Corporation Limited (NHSRCL) has been incorporated in 2016 with an object to finance, construct, maintain and manage the High Speed Rail Corridor in India. National High Speed Rail Corporation of Limited (NHSRCL) has been formed under the Ministry of Railways, Government of India, for the development and implementation of the high speed rail projects in India. The corporation is a ‘Special Purpose Vehicle’ in the joint sector with equity participation of the Ministry of Railways, Government of India and two State Governments - the Government of Gujarat and the Government of Maharashtra.

National High Speed Rail Corporation Limited (NHSRCL)
TypePublic Sector Undertaking
SPV
IndustryHigh-speed rail
Founded12 February 2016
HeadquartersNew Delhi, India
Key people
Vinod Kumar Yadav
(Chairman)
Achal Khare
(Managing Director)
Revenue₹68.27 crore (US$9.6 million) (2019) [1]
₹62.95 crore (US$8.8 million) (2019)[1]
₹46.09 crore (US$6.5 million) (2019)[1]
Total assets₹3,260.01 crore (US$460 million) (2019)[1]
Total equity₹3,124.47 crore (US$440 million) (2019)[1]
OwnerGovernment of India (50%)
Government of Gujarat (25%)
Government of Maharashtra (25%)
Number of employees
212 (March 2019) [1]
ParentIndian Railways
Websitenhsrcl.in

Projects

Mumbai–Ahmedabad high-speed rail corridor
Main article: Mumbai–Ahmedabad high-speed rail corridor

The first High Speed Rail corridor to be implemented in India with technical and financial assistance of the Government of Japan, with total twelve stations in the States of Maharashtra, Gujarat and Union Territory of Dadra and Nagar Haveli. The high speed rail corridor will have a length of 508.17 Km with 155.76 km in the state of Maharashtra (7.04 km in Mumbai sub-urban, 39.66 km in Thane district & 109.06 km in Palghar district), 4.3 km in Union territory of Dadra & Nagar Haveli and 348.04 km in the state of Gujarat.

The High speed rail corridor will cover total 12 stations namely Mumbai, Thane, Virar and Boisar (in Maharashtra), Vapi, Bilimora, Surat, Bharuch, Vadodara, Anand, Ahmedabad and Sabarmati (in Gujarat). A limited stop (in Surat & Vadodara) service of the high speed rail corridor will cover the route in 1 hr. and 58 mins and all stops service will take 2 hr. 57 min to cover this route.

The High speed rail corridor will be operating at a speed of 320 Km/hr at an elevated (10 to 15 m) track above the ground on a viaduct all along except 26 km in Mumbai, which will be underground. All stations will be elevated except the Bandra Kurla Complex station (Mumbai), which will be underground.

The construction is expected to begin by April 2020 and the project is expected to be completed by December 2028. The corridor will use Japan Railways Shinkansen E5 Series electric multiple unit for its rolling stock.

See also

References
  1. "Balance Sheet 31.03.2019".
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