National High Speed Rail Corporation Limited

National High Speed Rail Corporation Limited (NHSRCL)
Company typeSubsidiary of Indian Railways
IndustryHigh-speed rail
Founded12 February 2016; 8 years ago (12 February 2016) [1]
FounderMinistry of Railways
HeadquartersSector-9, Dwarka, Delhi
Key people
Jaya Verma Sinha
(Chairman)
Vivek Kumar Gupta
(Managing Director)
RevenueIncrease68.27 crore (US$8.2 million) (2019) [2]
Increase62.95 crore (US$7.5 million) (2019)[2]
Increase46.09 crore (US$5.5 million) (2019)[2]
Total assetsIncrease3,260.01 crore (US$390 million) (2019)[2]
Total equityIncrease3,124.47 crore (US$370 million) (2019)[2]
OwnerIndian Railways, Ministry of Railways, Government of India
Number of employees
387 (March 2023) [3]
Websitenhsrcl.in

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]

E5 Series train set as Tohuku Shinkansen at Tokyo Station.
  1. ^ a b c "About us". NHSRCL.
  2. ^ a b c d e "Balance Sheet 31.03.2019".
  3. ^ "7th Annual Report 2022-23" (PDF). National High Speed Rail Corporation Limited. 29 September 2023. p. 38. Retrieved 31 December 2023.