Kerala s high-speed rail project may turn into environmental disaster, flag experts downtoearth.org.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from downtoearth.org.in Daily Mail and Mail on Sunday newspapers.
Nod for loan for SilverLine from external agencies
Updated:
Updated:
₹33,700-crore loan for 529.45-km semi-high speed rail
Share Article
₹33,700-crore loan for 529.45-km semi-high speed rail
The National Institution for Transforming India (NITI Aayog), Department of Expenditure under the Union Finance Ministry, and the Ministry of Railways have accorded Kerala Rail Development Corporation Ltd. (K-rail) the nod for mobilising funds from multilateral and bilateral agencies for the 529.45-km semi-high speed rail ‘SilverLine’ from Kochuveli to Kasaragod.
With this, K-rail, the joint venture between the State and Railways for cost-sharing rail projects, can ‘pose’ the loan request for availing itself of ₹33,700 crore as per guidelines of Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), German Development Bank (KfW) and Japan International Cooperation Agency (JICA). Official sources told
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.
HC dismisses pleas against Silverline project
Updated:
Updated:
Court declines to interfere with policy decisions
Share Article
Court declines to interfere with policy decisions
The Kerala High Court dismissed a batch of writ petitions seeking a directive not to proceed with land acquisition for the proposed semi-high-speed rail corridor without the approval of the Central government, the Railway Board, and other statutory boards.
When the petition came up for hearing, the State government and the Railways submitted that they were in the process of constructing a new double line rail corridor as a Silverline semi-high-speed railway between Thiruvananthapuram and Kasaragod. This will be in addition to the existing two railway lines and will enable trains to travel at a maximum speed of around 200 kmph.