Travel Tip
 Conf TL
 RF Club
 FM Alert
Forum Super Search
Posting Date From:
Posting Date To:
Train Type:
ONLY with Pic/Vid:
Sort by: Date:     Word Count:     Popularity:     
Public:    Pvt: Monitor:    RailFan Club:    

Full Site Search
  Full Site Search  
Fri Apr 27, 2018 10:10:56 ISTHomeTrainsΣChainsAtlasPNRForumGalleryNewsFAQTripsLoginFeedback
PostPost Trn TipPost Stn TipAdvanced Search

Blog Entry# 3210417
Posted: Mar 16 2018 (21:32)

15 Responses
Last Response: Mar 17 2018 (15:06)
Rail News
Other NewsINT/International  -  
Mar 16 2018 (21:31)   California bullet train costs skyrocket to $77B, opening delayed

a2z~   403 news posts
Entry# 3210417   News Entry# 331586         Tags   Past Edits
Dive Brief:
In a draft of its annual business plan, the California High Speed Rail Authority revealed that the construction cost of a bullet train between Northern and Southern California increased from $67 billion to $77.3 billion, and that the first phase will not be operational until 2029, four years behind schedule, according to the Los Angeles Times. The price tag for the total system, which is scheduled for operational in 2033, could rise to $98.1 billion, according to the authority.
The new plan does not put all uncertainties to bed, however. The
2033 completion date assumes full funding, even though, according to the Times, the authority has struggled to meet a $40 billion funding gap, which will increase under the new business plan. However, if there was a secure funding obligation, officials said the cost of the project could be reduced to a little more than $63 billion. Meanwhile, it's unknown how much it will cost to defend legal actions by homeowners, businesses and others whose land is targeted for use or purchase by the authority, as well as how much it will cost to drill through mountain ranges in Southern California.
The authority said it has made allowances for cost increases, emergency contingency spending and inflation, and has changed some practices that led to cost overruns, such as hiring contractors before the required land was purchased. But there is some positive news: The group highlighted in its annual report that the rail project has generated up to $6 billion of economic activity for California and 1,700 temporary construction jobs.
Dive Insight:
The authority announced in January that the price tag of the Central Valley portion of the bullet train system had risen to almost $3 billion, pushing that segment's cost up by 35% and raising the total cost of the project from $64 billion to $67 billion. When California voters first approved a bond measure in 2008 to finance a portion of the rail, the authority estimated the cost at $40 billion.
Despite the ongoing cost increases and delays, the project has had full support of outgoing California Gov. Jerry Brown. In his final address as governor in January, he said of the then-$67 billion project that problems were part of the process and compared the bullet train's issues to the challenges overcome by iconic state projects like the Golden Gate Bridge and Bay Area Rapid Transit System, both in San Francisco. After his speech, members of both political parties in the state legislature said the project needed more oversight.
The state's Republican congressional delegation has demanded a full audit of the project, and tried to block federal funding that could benefit the authority. Caltrain is electrifying lines that the bullet train will one day share, but Republicans were unsuccessful in permanently holding up money for that project.

4 posts - Fri Mar 16, 2018

6 posts - Sat Mar 17, 2018

Mar 17 2018 (14:47)
Guest: 391f910f   show all posts
Re# 3210417-11            Tags   Past Edits
Jab Delhi metro ban Raha tha tab bhi log oppose kar Rahe the...Lekin AJ wo London se bhi Jada successful hai...

Mar 17 2018 (14:50)
Share a Coke with Rail Fans 🍺😆^~   49044 blog posts   32424 correct pred (76% accurate)
Re# 3210417-12            Tags   Past Edits
Log kuch jyda intelligent bn gae h...
Isly apne aap jyda analysis kr rhe h

Mar 17 2018 (14:54)
a2z~   2970 blog posts
Re# 3210417-13            Tags   Past Edits
* Development of technology to a level of commercially feasibility take decades, so the future requirements and difficulties have to be studied and judged accordingly and new technologies should be timely developed.
* cannot be forgotten, once petro reserves are substantially depleted, their prices shall go sky high. Petroleum deficit countries must always try to develop alternatives well in advance, lest they shall pay through noses.

Mar 17 2018 (14:54)
Guest: 391f910f   show all posts
Re# 3210417-14            Tags   Past Edits
Log facts se Jada Apne views rakhte hain that is where people are Laging..

Mar 17 2018 (15:06)
a2z~   2970 blog posts
Re# 3210417-15            Tags   Past Edits
New technology should be accepted with open heart rather than opposing, as all the new technology have their own positive and negative points. New technology should be tested as a pilot project, as is case with Mum-AHm bullet train project and based on the performance, large scale adoption of new technology should be done.

ARP (Advanced Reservation Period) Calculator

Reservations Open Today @ 8am for:
Trains with ARP 10 Dep on: Mon May 7
Trains with ARP 15 Dep on: Sat May 12
Trains with ARP 30 Dep on: Sun May 27
Trains with ARP 120 Dep on: Sat Aug 25


Rail News

New Trains

Site Announcements

  • Entry# 2547009
    Oct 16 2017 (10:21PM)

    As per the recent post , the new Pax Login feature has now been introduced. Here are the details of the feature set. . 1. Now you may login to the site as a Member or a Passenger, or BOTH Member & Passenger at the same time. Passenger login is called "Pax Login"...
  • Entry# 2517609
    Oct 11 2017 (09:33AM)

    As detailed here , last month, some changes were made to the PNR section. In the next phase of this rollout, we shall be further separating "Passengers" from "Members". . 1. "Passengers" will be able to login using ONLY their PNRs (no password). We shall have a Pax Login above the current...
  • Entry# 2418661
    Sep 25 2017 (07:09AM)

    @all: There are some changes coming to the PNR Forum. 1. All PNRs will be anonymized, i.e. you won't see who posted the PNRs or search PNRs by Traveller. This is to better protect the confidentiality of travelling members and their travel plans. However, members will still be able to search their OWN...
  • Entry# 2409730
    Sep 15 2017 (11:46PM)

    In recent times, the number of FM Complaints regarding "targeting me", "offensive content", "sarcastic comment", "bashing", etc. have been increasing. This has led to increased censorship and throttling of open discussions. . This is a clarification that this site is meant for a FREE EXCHANGE of ideas. Some arguments/debates/disagreements/jokes/sarcasm are ALLOWED and are...
  • Entry# 2390218
    Aug 25 2017 (12:59PM)

    There has been a partial rollout of a modification to Timeline entries. The implementation will be complete within a week. 1. Void & RAC buttons have been removed. . 2. TL Entries can now be Edited and Fixed by the original updater, if there are errors. So there is no need to Void TLs...
  • Entry# 2175399
    Feb 23 2017 (01:22PM)

    There has recently been a lot of frustration among RFs when their Station Pics, Loco Pics, Train Pics get rejected because the "number is not showing", "shed is not visible", the loco/train is at a distance, Train Board is too small, "better pic available", etc. . To address this issue, effective tomorrow, ALL...
Scroll to Top
Scroll to Bottom
Go to Mobile site
Disclaimer: This website has NO affiliation with the Government-run site of Indian Railways. This site does NOT claim 100% accuracy of fast-changing Rail Information. YOU are responsible for independently confirming the validity of information through other sources.