KRDCL keen to execute Sabari Rail
The Hindu
It begins steps to revise estimate and undertake LiDAR survey
Kerala Rail Development Corporation Ltd (KRDCL), the special purpose vehicle for executing viable rail projects on cost-sharing basis with Railways, has evinced interest in executing the Angamali-Sabarimala rail project . The move comes within three months of Kerala agreeing to the demand of Railways to bear 50% of the estimated ₹2,815.62 crore of the 116-km Angamaly-Azhutha Sabari Rail. The Cabinet had already decided to make available 50% of the estimate from the Kerala Infrastructure Investment Fund Board (KIIFB) to Railways. The State had informed the Centre that Railways would be responsible for construction and maintenance of the 116-km line while en route station development would be through public-private partnership. The income would be shared 50:50 between the State and Railways after deducting the expense.
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