Kerala steers clears ₹56,443-cr high speed metro project
The state government in Kerala announced that the semi-high-speed rail project, connecting Kasargod and Thiruvananthapuram, will be completed in three years at an investment of ₹56,443 crore, Finance Minister Thomas Isaac said, adding that the land acquisition would start very shortly. The 540-km project envisages the reduction of travel time from the northern to southern extremes of Kerala from 12 to four hours. A joint venture (JV) of the Kerala government and Railways, the project could go a long way to address transportation problems in the state. The state cabinet approved the project after a year-long feasibility study, conducted by the Kerala Rail Development Corporation Ltd (KRDC). Chief Minister, during his recent visit to Japan, reportedly held discussions with a few companies in regard to the financing of the mega metro project. Trains on the track, which cuts across 11 districts, will run at a speed of 200-kmph and that fare from Kasargod to Thiruvananthapuram would be ₹1,450, he added.
📅Published on:
14 February 2020
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