Rail Vikas Nigam Limited (RVNL) a Public Sector Undertaking (PSU) of Ministry of Railways had formed a subsidiary named High Speed Rail Corporation of India Limited in 2013, inter alia, to undertake feasibility studies pertaining to High Speed corridors. It has awarded feasibility studies for (i) Delhi-Mumbai, (ii) Mumbai-Chennai, (iii) Delhi-Kolkata, (iv) Delhi-Chennai (v) Mumbai-Kolkata, (vi) Mumbai-Ahmedabad corridors and pre-feasibility study for Delhi-Chandigarh-Amritsar High Speed Rail Corridor.

Ministry of Railways have now formed National High Speed Rail Corporation Limited (NHSRC) in February, 2016 to implement Mumbai-Ahmedabad High Speed Rail Corridor with Japanese financial and technical assistance.

This information was given by the Minister of State for Railways Shri Manoj Sinha in a written reply to a question in Rajya Sabha on 26.02.2016 (Friday)