Kerala Govt to Tie up with Railways for suburban corridor project

Published on: 21 Sep, 2013
Published under: General Kerala News, Thiruvananthapuram District News

20 September2012
Thiruvananthapuram

The UDF government in Kerala has decided to tie up with Railways to develop a Rs 3500-crore high-speed suburban corridor stretching some 100 km north of the state capital. The state cabinet today cleared the proposal chalked out during discussions with senior officials of Railways and Mumbai Rail Vikas Corporation (MRVC), Chief Minister Oommen Chandy told reporters today.

A special purpose vehicle (SPV) would be formed for implementation of the project and MRVC would be entrusted with the task of preparing a detail project report within three months at a cost of Rs 10.99 crore.

The railways and the state would bear 50:50 stake in SPV and the project would be carried out by utilising the existing double-line track from Thiruvananthapuram to Chengannur and Kayamkulam to Haripad.”The greatest advantage of the project is that it would not require land acquisition as it could be materialised by utilising the existing double-line in the stretch,” Chandy said.

Source– http://www.business-standard.com

Found Useful? Do Share: Kerala Govt to Tie up with Railways for suburban corridor project:

Leave a Reply

Share Kerala News Online

Kerala Direct News

Check out the latest 2015 news from Kerala State of India. Just Kerala is the dedicated online portal to provide latest and genuine Kerala information. Kerala Live and breaking news, Top Headlines, Top stories, Politics, Movies, Sports news.

Last Updated Kerala News : 22 May, 2019