Trivandrum, 15 September 2011: Government of Kerala has constituted a new public limited company for setting up high speed rail network in Kerala. The new company to be called Kerala High Speed Rail Corporation Ltd (KHSRCL) will monitor the 630 km long high speed railway line connecting Trivandrum and Mangalore.
The Kerala State Industrial Development Corporation (KSIDC) will be the nodal agency to develop the rail project and the Delhi Metro Rail Corporation (DMRC) will do the feasibility study for the 77,000 crore project to be initiated in Kerala.
The new High speed rail network which will function as an additional railway line is expected to decrease the current congestion in the short distance railway in the state.
The High speed rail will have stations at Thiruvnananthapuram, Kollam, Kottayam, Ernakulam, Thrissur, Kozhikode and Kannur.
T Balakrishnan, additional chief secretary (Industry and Commerce), Alkesh Kumar Sharma, managing director, KSIDC, and TP Thomas Kutty, executive director, KSIDC has been appointed as the directors of Kerala High Speed Rail Corporation Ltd (KHSRCL)