Beijing: A consortium of Chinese and Indian companies will conduct a feasibility study for the 1,200 km high-speed rail link between New Delhi and Mumbai, China Railway Corporation said on Wednesday.


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The Third Railway Survey and Design Institute Group Corporation, a subsidiary of the China Railway Corporation (CRC), will work with Indian firms, dispatching rail experts to initiate the study for the route.


India has invited global tenders for three high-speed rails, including the New Delhi-Mumbai railway, in December and attracted 12 consortiums from seven countries bidding for the contracts.


China is already conducting feasibility study of the New Delhi-Chennai corridor.


CRC said China's railway technology is reliable and adaptive and has lower price/performance ratio, state-run Xinhua news agency reported.


China now has around 17,000 km of fast tracks, accounting for more than 60 per cent of the world's total.