) ▁named ▁the ▁National ▁High ▁Speed ▁Rail ▁Corporation ▁Limited ▁to ▁build ▁and ▁operate ▁the ▁cor rid or . ▁The ▁company ▁was ▁registered ▁in ▁January ▁ 2 0 1 6 ▁in ▁the ▁name ▁of ▁Indian ▁Rail ways . ▁It ▁was ▁planned ▁for ▁the ▁company ▁to ▁eventually ▁be ▁made ▁into ▁a ▁joint ▁vent ure ▁with ▁equ ity ▁participation ▁of ▁the ▁Mah ar as ht ra ▁and ▁Gu jar at ▁govern ments . ▁The ▁Public ▁sector ▁company ▁is ▁expected ▁to ▁build ▁and ▁also ▁carry ▁out ▁train ▁operations . ▁The ▁Ministry ▁of ▁Rail ways , ▁the ▁National ▁High - Speed ▁Rail ▁Corporation ▁( N HS RC ) ▁and ▁J IC A ▁signed ▁an ▁tri part ite ▁consult ancy ▁agreement ▁in ▁December ▁ 2 0 1 6 ▁to ▁implement ▁the ▁project . ▁The ▁N HS RC ▁is ▁a ▁new ▁ag ency ▁flo ated ▁to ▁implement ▁the ▁project . ▁A ▁joint ▁vent ure ▁between ▁Japan ▁International ▁Cons ult ants ▁for ▁Transport ation ▁Co ▁( J IC ), ▁N ipp on ▁K oe i ▁Co , ▁and ▁Oriental ▁Cons ult ants ▁Global ▁Co . ▁Ltd . ▁was ▁appointed ▁as ▁the ▁general ▁consult ants ▁for ▁the ▁project , ▁and ▁prepared ▁design ▁documents , ▁b idd ing ▁documents ▁and ▁technical ▁standards ▁and ▁specific ations ▁for ▁the ▁project . ▁ ▁In ▁late ▁ 2 0 1 6 , ▁J IC A ▁awarded ▁the ▁detailed ▁design ▁study ▁for ▁the ▁project ▁to ▁a ▁cons ort ium ▁led ▁by ▁Japan ▁International ▁Cons ult ants ▁for ▁Transport ation ▁( J IC ), ▁N ipp on ▁K oe