Semi-high-speed train line
Why is it in news?
- Recently the Kerala government informed the NITI Aayog that the semi-high-speed rail SilverLine, estimated to cost Rs. 63,941 crore, is viable and feasible.
- The cost per kilometre would be of Rs. 120.77 crore for laying the corridor.
Details:
- The semi-high-speed rail SilverLine is of 529.45 km and will run from Kochuveli to Kasaragod.
- The project awaiting Central clearance.
- The cost of land along the National Highway and through interior areas wasRs. 18 crore per hectare and Rs. 9 crore per hectare respectively.
- The process of granting administrative sanction for land acquisition had commenced.
- Around 80% of land would be acquired within 18 months.
- The detailed project report (DPR) had been prepared.
- Maximum possible revenue generation would be explored.
- The project was said to be self-sustainable.