BEIJING, Sept. 23 (Xinhua) — 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. Enditem