High Speed Rail Corporation Of India Limited
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High Speed Rail Corporation Of India Limited
The High Speed Rail Corporation of India Limited (HSRCIL) is a Special Purpose Vehicle (SPV) which has been incorporated in 2012 as a subsidiary of Rail Vikas Nigam Limited (RVNL), a public sector enterprise of the Government of India. The HSRCIL has been formed under the Ministry of Railways, Government of India, for the development and implementation of the high speed rail projects in India. Projects Mumbai–Ahmedabad high-speed rail corridor The corridor is being implemented by the National High Speed Rail Corporation Limited and the construction is expected to begin by April 2020 and the project is expected to be completed by December 2023. The corridor will use Japan Railways Shinkansen E5 Series electric multiple unit for its rolling stock. Diamond Quadrilateral As of 2020, contracts have been awarded for the feasibility studies for the Diamond Quadrilateral The Diamond Quadrilateral is a project of the Indian Railways to establish a high-speed rail network in ...
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National High Speed Rail Corporation Limited
The National High Speed Rail Corporation Limited (NHSRCL) has been incorporated since 2016 to manage the High Speed Rail Corridor in India. It is a wholly owned subsidiary of the Indian Railways, Ministry of Railways, Government of India. NHSRCL was formed under the Companies Act, 2013. The objective of this body is the development and implementation of the high-speed rail projects in India. The corporation is a ‘Special Purpose Vehicle’ (SPV) in the joint sector with equity participation of the Ministry of Railways, Government of India and two State Governments - Gujarat and the Maharashtra. Headquarters The company with estimated employees of 4,500 people (approximately) , its headquarters are situated on 2nd Floor, Asia Bhawan, Road no. 205, Sector 9, Dwarka, New Delhi – 110077. Projects The NHSRCL is currently managing the planning and construction of twelve high-speed rail corridors. Out of which one is under construction and seven are approved. Once completio ...
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Government-owned Companies Of India
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ...
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2012 Establishments In Delhi
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by  2, although by other definitions 1 is the second natural number, following  0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is the s ...
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High-speed Rail In India
Indian Railways is currently improving their existing conventional lines to handle speeds of up to , and with certain improved corridors seeing speeds of more than . Also, a total of twelve corridors are planned and one of the corridors which links Mumbai and Ahmedabad is under construction. As of 2022, the fastest train in India is the Vande Bharat Express with a top speed of , while the fastest operating train is the Gatimaan Express with a top operating speed of . The first high-speed railway corridor of length 508 km is currently under construction between Mumbai and Ahmedabad at a top operational speed of along the western coast. The corridor will use Standard gauge line and will be built with Shinkansen technology. It is expected to carry passengers between the two cities in just three hours and the ticket prices are expected to be cheaper than aeroplanes i.e. ₹2,500 – ₹3,000. This project which was initially targeted for completion by December 2023, will n ...
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SYSTRA
SYSTRA is a multinational engineering and consulting group in the mobility sector, whose fields of activity include rail and public transport. In 2019, it employed a staff of about 7,300 people, and is a limited company which shareholders include French national railway company SNCF, RATP, and various banks. History The origins : French engineering The history of SYSTRA begins in 1957, when the SNCF created SOFRERAIL (French Company for Railway Design and Construction). Four years later, the RATP also creates its own engineering branch : SOFRETU (French Company for Public Transport Design and Construction). SOFRERAIL and SOFRETU merge in 1995, originally under the name SYSTRA-Sofretu-Sofrerail, later shortened to SYSTRA in 1997. In June 2011, INEXIA (engineering branch of the SNCF) and XELIS (the 2006 launched engineering branch of the RATP) both join SYSTRA. The merger is finally ratified on 1 July 2012. International acquisitions and development Created as an internation ...
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Diamond Quadrilateral
The Diamond Quadrilateral is a project of the Indian Railways to establish a high-speed rail network in India. The Diamond Quadrilateral will connect the four mega cities of India, viz. Delhi, Mumbai, Kolkata and Chennai, similar to the Golden Quadrilateral highway system. High-speed train on Mumbai-Ahmedabad section will be the first high-speed train corridor to be implemented in the country. On 9 June 2014, the President of India Pranab Mukherjee, officially mentioned that the Government led by Prime Minister Narendra Modi will launch a Diamond Quadrilateral project of high-speed trains. History Prior to the 2014 general election, the two major national parties (Bharatiya Janata Party and Indian National Congress) pledged to introduce high-speed rail. The INC pledged to connect all of India's million-plus cities by high-speed rail, whereas BJP, which won the election, promised to build the "Diamond Quadrilateral" project, which would connect the cities of Chennai, Delhi, ...
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Electric Multiple Unit
An electric multiple unit or EMU is a multiple-unit train consisting of self-propelled carriages using electricity as the motive power. An EMU requires no separate locomotive, as electric traction motors are incorporated within one or a number of the carriages. An EMU is usually formed of two or more semi-permanently coupled carriages, but electrically powered single-unit railcars are also generally classed as EMUs. The great majority of EMUs are passenger trains, but versions also exist for carrying mail. EMUs are popular on commuter and suburban rail networks around the world due to their fast acceleration and pollution-free operation. Being quieter than diesel multiple units (DMUs) and locomotive-hauled trains, EMUs can operate later at night and more frequently without disturbing nearby residents. In addition, tunnel design for EMU trains is simpler as no provision is needed for exhausting fumes, although retrofitting existing limited-clearance tunnels to accommodate the ...
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E5 Series Shinkansen
The and the related are Japanese Shinkansen high-speed train types built by Hitachi Rail and Kawasaki Heavy Industries. The E5 series is operated by East Japan Railway Company (JR East); it was introduced on Tohoku Shinkansen services on 5 March 2011 and on Hokkaido Shinkansen services on 26 March 2016. A total of 59 10-car sets are on order, with three sets in service in time for the start of new ''Hayabusa'' services to Shin-Aomori in March 2011. The H5 series, a cold-weather derivative of the E5 series, is operated by Hokkaido Railway Company (JR Hokkaido); it has been in use on Tohoku and Hokkaido Shinkansen services since 26 March 2016. Ordered in February 2014, a total of four 10-car sets were built by Hitachi and Kawasaki Heavy Industries at a cost of approximately . The first two sets were delivered in October 2014. Design Technology incorporated in these trains is derived from the experimental Fastech 360S train tested by JR East. The initial maximum speed in serv ...
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Ministry Of Railways (India)
The Ministry of Railways is a ministry in the Government of India, responsible for the country's rail transport. The ministry operates the statutory body Indian Railways, an organisation that operates as a monopoly in rail transport and is headed by the Chairman and CEO of Railway Board. The Ministry of Railways along with the Railway Board is housed inside Rail Bhawan in New Delhi. Organisational structure The ministry has a Union Minister and Minister of State. A number of directorates report to the Railway Board. Most of the officers posted in Ministry of Railways are either from organised "Group A Railway services" or the Railway Board Secretariat Service. Indian Railways The statutory body known as the Indian Railways, which reports to parliament and is under the ownership of ''Ministry of Railways'' of the Government of India. The Indian Railway Board comprises one Chairman, seven "members of the Railway Board", and a Financial Commissioner (who is the represent ...
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Special Purpose Vehicle
A special-purpose entity (SPE; or, in Europe and India, special-purpose vehicle/SPV; or, in some cases in each EU jurisdiction, FVC, financial vehicle corporation) is a legal entity (usually a limited company of some type or, sometimes, a limited partnership) created to fulfill narrow, specific or temporary objectives. SPEs are typically used by companies to isolate the firm from financial risk. A formal definition is "The Special Purpose Entity is a fenced organization having limited predefined purposes and a legal personality". Normally a company will transfer assets to the SPE for management or use the SPE to finance a large project thereby achieving a narrow set of goals without putting the entire firm at risk. SPEs are also commonly used in complex financings to separate different layers of equity infusion. Commonly created and registered in tax havens, SPEs allow tax avoidance strategies unavailable in the home district. Round-tripping is one such strategy. In addition, th ...
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Rail Vikas Nigam
Rail Vikas Nigam Limited is an Indian public sector undertaking which works as the construction arm of the Ministry of Railways for project implementation and transportation infrastructure development. It was incorporated in 2003 to meet the country's surging infrastructural requirements and to implement projects on a fast-track basis. It is a Category-I Miniratna CPSE and Public Sector Undertaking (PSU) under the administrative control of the Indian Ministry of Railways. The organization undertakes project execution from concept to commissioning and creates project-specific SPVs. RVNL’s mandate includes the mobilization of extra-budgetary resources (EBRs) through a mix of equity and debts via these SPVs. It is an offshoot of the implementation of National Rail Vikas Yojana (NRVY) announced from the ramparts of the Red Fort by the then Prime Minister, Shree Atal Bihari Vajpayee, during the Independence Day speech on 15 August 2002. NRVY was formally launched by the Hon’ble ...
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