Cabinet nod for Semi hi-speed rail in Kerala
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Of the estimated ₹63,941-crore project cost, ₹11,535 crore will be for overall compensation, of which ₹6,100 crore for acquiring private land, ₹975 crore for taking over railway land and ₹4,460 crore to pay compensation to structures that suffer damage. Another ₹1,730 crore will be needed for resettlement and rehabilitation.
The Centre will invest just ₹3,000 crore in equity for the project, of which ₹975 crore for the cost of the railway land that will be shared for the project wherever there is parallel alignment with the existing mainlines, Kumar said, adding thus the effective cost for the railways is the just about ₹2,025 crore in the ₹64,000 crore project
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The Centre will invest just ₹3,000 crore in equity for the project, of which ₹975 crore for the cost of the railway land that will be shared for the project wherever there is parallel alignment with the existing mainlines, Kumar said, adding thus the effective cost for the railways is the just about ₹2,025 crore in the ₹64,000 crore project
Semi-high speed rail project: Centre asks Kerala to expedite land acquisition
The ₹64,000-cr project will reduce 529-km Thiruvananthapuram-Kasaragod travel time to just 4 hours.
Nod for loan for SilverLine from external agencies
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 The Hindu that all funding agencies, except KfW, had informally confirmed their willingness to provide loan for the SilverLine.
Funds
The ADB has offered to make available loan in two tranches of US $ 4,500 million and US $ 499.50 million (₹7,533 crore), AIIB US $ 500 million and JICA US $ 2.5 billion (₹18,892 crore). KfW is expected to make available loan of US $ 460 million (₹3,476 crore) for the ambitious project estimated to cost ₹63,941 crore as per current estimates. K-rail is hoping that it can secure US $ 4.46 billion (₹33,700 crore) from these four lending agencies for the project.HUDCO loan
Housing and Urban Development Corporation (HUDCO), a Union government enterprise, has sanctioned a loan of ₹3,000 crore. The Railway Board has said that the project is under its appraisal and that any loan agreement with JICA, ADB, AIIB and KfW should be entered into by K-rail only after approval by the Centre. However, it has been made clear by the board that the project has been accorded the in-principle approval by competent authority in the Ministry of Railways for taking up pre-investment activities.NITI Aayog, while giving its nod, has said it has examined clarifications sought from K-rail and that it supports the proposal to avail multilateral loan.
The steps for commencing acquisition of 1,383 hectares of land have failed to take off despite the in-principle approval given for the project and nod for the Detailed Project Report (DPR) and alignment by the State. The Revenue Department’s notification and administrative sanction for setting up Land Acquisition Cells is mandatory for acquiring land and the authorities are hoping that it will be issued once the new government assumes power in the State later this month.
Land acquisition started for the silver line project
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Silver Line project: Deputy Collectors tasked with land acquisition
Thiruvananthapuram: Amidst strong opposition, the Kerala government is making moves to realise the semi-high-speed Silver Line rail project. The government on Monday has directed Deputy Collector Anil Jose to oversee the land acquisition process for
11.5 km of tunnels, 13 km of bridges under SilverLine project, reveals DPR
Thiruvananthapuram: The details of the Detailed Project Report (DPR) of the Thiruvananthapuram – Kasaragod Semi High-Speed Rail (SilverLine) project has come out. The private company Systra has prepared the DPR for the project under Kerala Rail Development
SilverLine trains unlikely to attain speed of 200 km per hour, Railways tells K-Rail
Numerous curves and inclines along the line proposed in the SilverLine project report would hinder the speed envisaged by the Kerala Rail Development Corporation Limited or K-Rail.
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SilverLine based on outdated Japanese tech, says Dr RVG Menon
Dr Menon hoped the government would draw lessons from the Kochi Metro before going ahead with the ambitious rail project.
Nokia is working to implement ETCS Lev 2 signalling in RRTS.
Acquiring land is a slow process on which the present state government has kept mum because sakhavus require time to muscle in on these lands for peanuts before claiming extortionate amounts from the government as compensation.Almost 2-3 news articles on this Silverline project every week, but no real progress it seems. On the other hand RRTS is progressing very well.SilverLine based on outdated Japanese tech, says Dr RVG Menon
Dr Menon hoped the government would draw lessons from the Kochi Metro before going ahead with the ambitious rail project.www.onmanorama.com
Nokia is working to implement ETCS Lev 2 signalling in RRTS.
Don't be surprised if something resembling Singur or Nandigram occurs here in the not so distant future.
Almost 2-3 news articles on this Silverline project every week, but no real progress it seems. On the other hand RRTS is progressing very well.SilverLine based on outdated Japanese tech, says Dr RVG Menon
Dr Menon hoped the government would draw lessons from the Kochi Metro before going ahead with the ambitious rail project.
Nokia is working to implement ETCS Lev 2 signalling in RRTS.
Both are factually wrong claims. The land acquisition process has started as niti aayog and the railway board has given in principle approval.SilverLine trains unlikely to attain speed of 200 km per hour, Railways tells K-Rail
Numerous curves and inclines along the line proposed in the SilverLine project report would hinder the speed envisaged by the Kerala Rail Development Corporation Limited or K-Rail.
Progress should be compared with Pune-Nashik SHSR and Ahmedabad and Rajkot SHSR not RRTS which is a center-led project.
Here is the DPR for clarifications on the above claims :