Company type | Subsidiary of Indian Railways |
---|---|
Industry | High-speed rail |
Founded | 12 February 2016[1] |
Founder | Ministry of Railways |
Headquarters | Sector-9, Dwarka, Delhi |
Key people | Jaya Verma Sinha (Chairman) Vivek Kumar Gupta (Managing Director) |
Revenue | ₹68.27 crore (US$8.2 million) (2019) [2] |
₹62.95 crore (US$7.5 million) (2019)[2] | |
₹46.09 crore (US$5.5 million) (2019)[2] | |
Total assets | ₹3,260.01 crore (US$390 million) (2019)[2] |
Total equity | ₹3,124.47 crore (US$370 million) (2019)[2] |
Owner | Indian Railways, Ministry of Railways, Government of India |
Number of employees | 387 (March 2023) [3] |
Website | nhsrcl |
The National High Speed Rail Corporation Limited (NHSRCL) was incorporated in 2016 to manage high-speed rail corridors in India. It is a wholly owned subsidiary of Indian Railways, the Ministry of Railways and the Government of India.[1]
NHSRCL was formed under the Companies Act, 2013. The objective of this body is the development and implementation of high-speed rail projects in India. The corporation is a ‘special purpose vehicle’ (SPV) in the joint sector with equity participation of the Ministry of Railways, Government of India and two State Governments - Gujarat and Maharashtra.[1]