MUMBAI (Metro Rail News): The Ministry of Railways has shared the current status of the Bullet Train Project progress report on its Twitter handle.
Mumbai, Thane, and Palghar in Maharashtra will be connected to the 508.17-kilometer network, as well as Valsad, Navsari, Surat, Bharuch, Vadodara, Anand, Kheda, and Ahmedabad in Gujarat.
In a written response to a question in the Lok Sabha in March, Union Railways Minister Ashwini Vaishnaw stated that “the execution of Mumbai-Ahmedabad high-speed rail (MAHSR) has been delayed particularly due to delay in land acquisition in the state of Maharashtra and consequent delays in the finalisation of contracts as well as due to the adverse impact of COVID-19.”
The bullet train will run on a high-speed rail track between Ahmedabad and Mumbai at the speed of 320 kmph. The distance between two cities will be reduced to approximately 3 hours from 6 hours.
The project would cost a total of ₹1.08 lakhs crores, and according to the shareholding arrangement, the central government will contribute ₹10,000 crores to the NHSRCL, and the two participating states, Gujarat and Maharashtra, will contribute ₹ 5000 crores each. Japan will borrow the remaining amount and repay it with a 0.1% APR loan.
