High-speed rail corridor in Kerala is becoming a reality. It could be termed as a major boost to Kerala’s endeavors to push infrastructure development, the Government of India has given the nod to its ambitious high speed rail corridor project linking the capital city of Thiruvananthapuram down south to Kasargode disctrict up north.
The Kerala state government formed a new public limited company – Kerala High Speed Rail Corporation Ltd – to implement a high speed rail network. The new company was formed on the basis of a pre-feasibility report submitted by DMRC. The initial proposal for the project was a high speed rail line connecting Thiruvananthapuram and Kasaragod. The 580 kilometers rail track, which will greatly reduce end-to-end running time to just two to three hours, is estimated to cost Rs 100,000 crore.
Union Railway Ministry sanctioned Kerala’s proposal for establishing a high speed railway corridor connecting Thiruvananthapuram and Mangalore. On coming to power in May 2011, the UDF Government headed by Chandy unveiled an ambitious development agenda with its focus on infrastructure development,
Though the finance pattern of Kerala’s high speed rail corridor project is yet to be firmed up, it is likely to be a private-public-partnership venture, with technical and financial collabortion of the Indian Railways, Delhi Metro Rail Corporation, besides the support from Government of India as well as the state governments.