A consortium of Chinese and Indian companies will conduct a feasibility study for a high-speed railroad linking New Delhi and Mumbai, China Railway Corporation (CRC) said on Wednesday.
The Third Railway Survey and Design Institute Group Corporation, a subsidiary of CRC, will work with Indian firms, dispatching rail experts to initiate the study for the 1,200-km railway, CRC said. India has invited global tenders for three high-speed rails, including the New Delhi-Mumbai railway, in December and attracted 12 consortiums from 7 countries bidding for the contracts.
CRC said China's railway technology is reliable and adaptive and has lower price/performance ratio. China now has around 17,000 km of fast tracks, accounting for more than 60 percent of the world's total.
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