Indian Railways Bilaspur-Leh proposed line may be declared national project
The Indian Railways has suggested that strategically important 465-km railway line proposed between Himachal Pradesh`s Bilaspur and Jammu and Kashmir`s Leh along the Indo-China border be declared a "national project", a Northern Railway (NR) official said on Wednesday.
The Indian Railways has suggested that strategically important 465-km railway line proposed between Himachal Pradesh`s Bilaspur and Jammu and Kashmir`s Leh along the Indo-China border be declared a "national project", a Northern Railway (NR) official said on Wednesday.
Addressing a press conference here, NR General Manager Vishesh Chaubey said: "The first phase of the survey for the 465-km line project, which will be one of the world`s highest railway lines, has been completed and initial estimates put the cost of track construction at Rs 83,360 crore."
He said the project would be one of the most difficult ones that the railways has ever undertaken. Chaubey said: "We have suggested that the project be declared a national project, as once completed it will help the armed forces reach the Leh region as well as boost tourism in the area."
In terms of funding, once the project is declared a national project, most of the funds would come from the Central government. According to him, the Northern Railway also suggested to start construction of a 51-km stretch between Upshi in Himachal Pradesh and Phe in Leh immediately.
The first survey for the proposed railway line has been completed and the final location survey is expected to be completed in 30 months after which a detailed project report would be presented. According to officials, the new line project would have a highest road point of 5,360 meters above the sea level.
Watch This Zee Business Video Here:
China has built the Qinghai-Tibet railway line in Tibet at a height of around 2,000 metres above the sea level. He said that the new line project will include 74 tunnels, 30 stations, 124 major bridges and 396 minor bridges according to the first phase of the survey.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI Green Rupee Deposit 2222 Days vs Canara Bank Green Deposit 2222 Days FD: What Rs 7 lakh and Rs 15 lakh investments will give to general and senior citizens; know here
Power of Compounding: How many years it will take to reach Rs 10 crore corpus through Rs 10,000, Rs 15,000, and Rs 20,000 monthly SIP investments?
Top 7 SBI Mutual Funds With Highest SIP Returns in 15 Years: No. 1 scheme has turned Rs 12,222 monthly SIP investment into Rs 1,54,31,754; know about others too
Top 7 Large Cap Mutual Funds With Highest SIP Returns in 3 Years: Rs 23,456 monthly SIP investment in No. 1 fund is now worth Rs 14,78,099
01:19 PM IST