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Centre asks Kerala to begin land acquisition for Rs 64,000-crore SilverLine project
Of the estimated Rs 63,941-crore project cost, Rs 11,535 crore will be for overall compensation, of which Rs 6,100 crore for acquiring private land, Rs 975 crore for taking over railway land and Rs 4,460 crore to pay compensation to structures that suffer damage
PTI | February 7, 2021 | Updated 17:15 IST
The 530-km-long rail project needs 185 hectares of the railway land and 1,198 hectares of private land
The Union finance ministry has finally approved the revised debt-fund raising plan for the Rs 64,000-crore semi-high speed rail project connecting Kerala capital Thiruvananthapuram with its northern tip Kasaragod, a top state government official has said.
GermanyKannurKeralaIndiaKasaragodJapanKollamKottayamParisFrance-generalFranceTirurSemi-high speed rail project: Centre asks Kerala to expedite land acquisition
PTI
Thiruvananthapuram |
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The ₹64,000-cr project will reduce 529-km Thiruvananthapuram-Kasaragod travel time to just 4 hours. The Union Finance Ministry has finally approved the revised debt-fund raising plan for the ₹64,000-crore semi-high speed rail project connecting Kerala capital Thiruvananthapuram with its northern tip Kasaragod, a top state government official has said. The Japanese development agency JICA had earlier committed to funding ₹33,700 crore approved by the Union Finance Ministry as well in 2019. Later, JICA massively curtailed its exposure, following which the Union Finance Ministry asked us to submit a revised debt raising plan that was sent shortly.
GermanyKannurKeralaIndiaKasaragodJapanKollamKottayamParisFrance-generalFranceTirur