Date of Post: 24 Oct, 2018
New Delhi: Railways is planning a 500km long high-speed elevated rail corridor, to be built at a cost of Rs 50,000 crore, from Kasargod to Thiruvananthapuram in Kerala, according to a report. The plan is to operate semi-high speed trains, which travel at a speed of 100-150 kmph, on this corridor.
- The project will be funded by the Asian Development Bank (ADB) and Japanese International Cooperation Agency (JICA), Mint reported.
- Negotiations for funding are currently on.
- The high-speed corridor could also be used by commuters for local travel between major cities and suburbs.
- The project could be the most expensive state corridor undertaken by the Indian Railways other than the $13-billion Jammu-Baramulla link, according to the report.
- The report added that the proposal is expected to be placed before the Cabinet next year for its approval.
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