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National High Speed Rail Corporation Limited

From Wikipedia, the free encyclopedia
This article is about the company that operates high-speed rail in India. For general information about high-speed railways in India, see High-speed rail in India.

National High Speed Rail Corporation Limited (NHSRCL)
Company typeSubsidiary of Indian Railways
IndustryHigh-speed rail
Founded12 February 2016; 8 years ago (12 February 2016) [1]
FounderMinistry of Railways
HeadquartersSector-9, Dwarka, Delhi
Key people
Jaya Verma Sinha
(Chairman)
Vivek Kumar Gupta
(Managing Director)
RevenueIncrease₹68.27 crore (US$8.2 million) (2019) [2]
Increase₹62.95 crore (US$7.5 million) (2019)[2]
Increase₹46.09 crore (US$5.5 million) (2019)[2]
Total assetsIncrease₹3,260.01 crore (US$390 million) (2019)[2]
Total equityIncrease₹3,124.47 crore (US$370 million) (2019)[2]
OwnerIndian Railways, Ministry of Railways, Government of India
Number of employees
387 (March 2023) [3]
Websitenhsrcl.in

The National High Speed Rail Corporation Limited (NHSRCL) was incorporated in 2016 to manage high-speed rail corridors in India. It is a wholly owned subsidiary of Indian Railways, the Ministry of Railways and the Government of India.[1]

NHSRCL was formed under the Companies Act, 2013. The objective of this body is the development and implementation of high-speed rail projects in India. The corporation is a ‘special purpose vehicle’ (SPV) in the joint sector with equity participation of the Ministry of Railways, Government of India and two State Governments - Gujarat and Maharashtra.[1]

Headquarters

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The company, with approximately 4,500 employees, has its headquarters situated at 2nd Floor, Asia Bhawan, Road no. 205, Sector 9, Dwarka, New Delhi – 110077.[1]

Projects

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Main article: List of high-speed railway lines in India
National Rail Plan's (NRP) proposed routes of high-speed rail corridors.

The NHSRCL is currently managing the planning and construction of twelve high-speed rail corridors.[4] A total of eight of the proposals have been approved, with one currently under construction. Once the corridors have been completed, NHSRCL will further extend the lines to form a network of high-speed rail connectivity in India, which is also known as the Diamond Quadrilateral.[5][6][7]

Mumbai–Ahmedabad HSR

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Main article: Mumbai–Ahmedabad high-speed rail corridor

It is the first high-speed rail corridor to be implemented in India, with technical and financial assistance from Japan, with a total of twelve stations in the states of Maharashtra, Gujarat and union territory of Dadra and Nagar Haveli.[8] 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 sub-urban Mumbai, 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.[9]

The high-speed rail corridor will cover a total of 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 h 58 mins, and the all-stops service will take 2 h 57 mins.

Delhi–Ahmedabad HSR

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Main article: Delhi–Ahmedabad high-speed rail corridor

The detailed project report (DPR) of the Delhi–Ahmedabad high-speed rail corridor has been prepared and this corridor is waiting for approval and land acquisition to start.

Delhi–Lucknow–Varanasi HSR

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Main article: Delhi–Varanasi high-speed rail corridor

The Delhi-Varanasi high-speed rail corridor is India's second high-speed line project after the Mumbai-Ahmedabad high-speed rail corridor. The 865 km HSR corridor will connect Varanasi to the NCR through 12 stations.

Varanasi–Howrah HSR

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Main article: Varanasi–Howrah high-speed rail corridor

The detailed project report (DPR) of the Varanasi–Howrah high-speed rail corridor is being prepared.

Chennai–Bengaluru-Mysuru HSR

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Main article: Chennai-Mysuru high-speed rail corridor

It will be the first high-speed rail corridor in the southern part of India.

Mumbai–Nagpur HSR

[edit]
Main article: Mumbai–Nagpur high-speed rail corridor

The detailed project report (DPR) of Mumbai–Nagpur high-speed rail corridor is being prepared.

See also

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References

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  1. ^ a b c d "About us". NHSRCL.
  2. ^ a b c d e "Balance Sheet 31.03.2019".
  3. ^ "7th Annual Report 2022-23" (PDF). National High Speed Rail Corporation Limited. 29 September 2023. p. 38. Retrieved 31 December 2023.
  4. ^ "Bullet train to Jammu, Guwahati? Indian Railways proposes to connect these major cities with high-speed rail". The Times of India. 19 December 2020.
  5. ^ "Focus on diamond quadrilateral". The Hindu. 12 June 2014.
  6. ^ Sanjib Kumar. "Powering a high-speed dream". Gulf News.
  7. ^ Chris Sleight. "New Indian government moots high-speed rail network". KHL. Archived from the original on 14 July 2014. Retrieved 19 August 2021.
  8. ^ "JICA presents draft report on bullet train project to joint committee". timesofindia-economictimes.
  9. ^ "Bullet train work to start in Mar-Apr next year". Deccan Herald. 10 August 2019.
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