India and China will sign high-speed rail construction agreement this week

On November 25th, the spokesman of the Indian Ministry of Railways said that India will sign an agreement with China this week and provide a report on the feasibility of constructing a 1754 km high-speed rail line between Delhi and Chennai. It is reported that the rail will be the world’s second longest high-speed one and the two countries are expected to build the rail together.

It is reported that the planned “Delhi – Chennai Route” has a total length of 1754 km, connecting Indian cities Delhi and Chennai. The construction cost is estimated to be 2 trillion rupees (about RMB 200 billion). This is part of “Diamond Quadrilateral” project proposed by India’s new Prime Minister Modi and it is expected that the rail will be the second longest high-speed rail corridor in the world and the longest in India after the construction, with the running speed of 300 km per hour. India’s newly appointed Minister of Railways Mr. Suresh Prabhu will be in charge of the project and will send a rail team to China for training. The research work is scheduled to begin early next year.

In September this year, in the Joint Statement of Chinese President Xi Jinping’s visit to India, India expressed its willingness to actively consider to build a high-speed railway with China. Therefore, the above high-speed railway construction agreement can be seen as a follow-up of the Joint Statement.

There is no highway in India and the transportation mainly relies on the railways. Data shows that India has railway lines of 64,000 km, the length of which ranks No.4 in the world, transporting over 23 million passengers every day. Indian Railway Department is the largest employer in the world, with more than 1.3 million employees. The speed of Indian trains is generally low. The current fastest train is the Express from New Delhi to Calcutta, with the speed of 87.17 km per hour.

India and China will sign high-speed rail construction agreement this weekChinese export of high-speed rail is very active this month

On November 3rd, Mexico Department of Transportation announced that the union of China Railway Construction, China South Locomotive and Rolling Stock Corporation Limited and four local companies won the high-speed Mexico City to Queretaro rail project and the contract were valued at about RMB 27.016 billion. Though the tender got withdrawn after three days by Mexican government, experts predict that the Union has great possibility of winning the bidding again.

On November 18th, Thailand adopted a Sino-Thai Railway cooperation project. China will participate in the investment and the construction of a double track standard rail with a total length of 867 km.

On November 20th, China Railway Construction and Nigerian authorities signed the commercial contract of coastal rail project in Nigeria. The total contract amounts USD 11.97 billion, indicating the highest single contract amount in Chinese foreign project contracting history.

Russian Railways recently says that they are planning for the high-speed rail project between Moscow and Beijing, with a total mileage of 7000 – 8000 km and an investment of RUB 7 trillion (about RMB 935.2 billion).

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