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Great Indian Peninsula Railway

3 bytes added, 14:15, 10 March 2018
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== History ==
*1845. Registered as a company in 1845, with its head office in London, the Great Indian Peninsula railway initially proposed a length of 1300 miles, to connect Bombay with the interior of the Indian peninsula and to a major port on the east coast. It was meant for the purpose of increasing the export of cotton, silk, opium, sugar and spices <ref name=GIPRRegGIPR>[http://www.gracesguide.co.uk/Great_Indian_Peninsula_Railway:_1845_Company_Registration Grace's Guide " GIPR 1945 Company Registration] Retrieved on 3 Jul 2016</ref>.
*1849, at the urging of the Governor, Lord Dalhousie, the East Indian Company(EIC) sanctioned the construction of a broad gauge([[Rail_gauge#Broad_Gauge|BG]]) railway eastward from [[Bombay]] and the Great Indian Peninsula Railway Company was incorporated on August 1, 1849 by an act of the British Parliament. It had a share capital of 50,000 pounds. On August 17, 1849 it entered into a formal contract with the EIC for the construction and operation of an experimental line, 35 miles(56 km) long. The Court of Directors of the EIC appointed [[James John Berkeley]] as Chief Resident Engineer and [[Charles Buchanan Ker]] and [[Robert W Graham]] as his assistants <ref name=GIPR>[http://www.gracesguide.co.uk/Great_Indian_Peninsula_Railway Grace's Guide "Great Indian Peninsula Railway"] Retrieved on 3 Jul 2016</ref>.
*1859, GIPR was tasked with "the construction and working of the following lines, all of which terminate at Bombay, - viz. from Bombay, ''via'' Callian, to Jubbulpore, to meet the East Indian Railway Company's line from Allahabad, with branches to Mahim and Nagpore - 870 miles; and from Callian, ''via'' Poonah and Sholapore, to the opposite side of the river Kristna, to meet the line, ''via'' Bellary, from Madras - 366 miles - total, 1,236 miles. Capital 10,000,000''l''l. Rate of Interest Guaranteed - 5 per cent. on 8,000,000''l''. capital, and 4½ per cent. on 333,000''l''. debentures, the balance to be raised upon arrangements to be hereafter made." <ref>"Money Market and City Intelligence", ''The Times'', Wednesday, 15 June 1859, #23333, 7a.</ref> <ref> [https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/228649/8330.pdf H.M. Government “Statute Law Repeals: Nineteenth Report : Draft Statute Law (Repeals) Bill; April 2012"; pages 128-130 paragraphs 3.57 - 3.64] Retrieved on 3 Jul 2016</ref>.
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