National High Speed Rail Corporation Limited (NHSRCL) has commenced construction work on the Palghar and Thane district under the Mumbai-Ahmedabad High-Speed Rail Corridor Project. Currently, geotechnical investigation for the complete 135 km is nearing completion with major locations like Vaitarna river, Virar and Boisar bullet train station already completed.
The project involves development of the 508.17 km long Mumbai-Ahmedabad high-speed rail (HSR) corridor in the states of Maharashtra and Gujarat with an investment of Rs 1,080 billion. It is being implemented by a special purpose vehicle (SPV), named National High-Speed Rail Corporation Limited (NHSRCL), incorporated by the Ministry of Railways (MoR) and the respective state governments of Maharashtra and Gujarat with an equity stake of 50:25:25 respectively. The project is the first corridor to be explored for the railway’s ambitious bullet train project and also includes a 21 km long sub-sea tunnel from Mumbai to Thane.