According to officials, the estimated total cost of the Mumbai-Ahmedabad project is Rs 1.08 trillion, of which 81 percent cost is planned to be funded through a 20-year loan from Japan International Cooperation Agency (JICA).
The Indian Railways has got all the requisite wildlife, forestry and coastal regulation zone clearances in Gujarat and Maharashtra for the 508-km Ahmedabad-Mumbai High Speed Rail Corridor, officials said on Tuesday.
The proposed bullet train project between Delhi's Sarai Kale Khan and Varanasi will have a stop at the proposed upcoming Noida International Greenfield Airport in Jewar in Uttar Pradesh, the Yamuna Expressway Industrial Development Authority (Yeida) said.
Railways Board Chairman on Saturday said that work on the Mumbai-Ahmedabad Bullet train project is going while announcing that will run 80 new special trains from September 12.
The Mumbai-Ahmedabad bullet train project, which is scheduled to be completed by December 2023, may fail to meet its deadline due to the coronavirus pandemic that has led to delays in opening tenders and land acquisition, officials said.
Union Railway Minister Piyush Goyal in an exclusive conversation with India TV during its special coverage #TeamModiOnIndiaTV discussed how railways coped with the coronavirus outbreak situation and shared report card of work done by the railway ministry as Modi government 2.0 completes one year in power.
Railway Minister Piyush Goyal today informed the Parliament that apart from the Mumbai-Ahmedabad Bullet Train project, the Indian Railways was going to undertake six more High-Speed Rail (HSR) corridors.
The introduction of the first bullet train, which is known as Shinkansen in Japan, will mark India's entry into an era of high-speed trains capable of hitting speeds of up to 350 km per hour. Of the 508.17-km-long high-speed rail corridor, 155.76 km will be in Maharashtra, 348.04 km in Gujarat and 4.3 km in the Union Territory of Dadra and Nagar Haveli.
Union Finance Minister Nirmala Sitharaman on Saturday said that the work on Prime Minister Narendra Modi's ambitious 508-km Ahmedabad-Mumbai High Speed train project will be actively pursued and also said that it will set up 'Kisan Rail' through public private partnership (PPP) for transportation of perishable goods.
The bullet train corridors are aimed at catering to the demand for fast travel on major routes, the Indian Railways has said. With the development, the Indian Railways is also hoping to complete 90 per cent of land acquisition work for the Mumbai-Ahmedabad bullet train corridor in another 6 months time.
The Supreme Court on Friday agreed to examine a batch of pleas filed by farmers against the Gujarat High Court verdict which had dismissed their petitions challenging the process of land acquisition for the ambitious Ahmedabad-Mumbai bullet train project.
The state government will also come out with a white paper on the financial condition of the state, Thackeray said. He said the state government, which has a debt of nearly Rs five lakh crore, is firm on giving unconditional loan waivers to farmers.
Bullet Train: One of Prime Minister Narendra Modi's dream project, the Mumbai-Ahmedabad Bullet Train service is moving along nicely. On Thursday, MD of the NHSRCL (engaged in executing the project) gave out details that will please those waiting for a forward movement of Bullet Trains,
Around 28 youths are getting benefitted from the 45-day skill development training programme at Rural Development and Self Employment Training Institute (RUDSET) in Nadiad in Gujarat, the company said and asserted that it plans similar programmes like providing mobile repairing, beauty parlour and bike repairing in places along the project corridor.
Twenty-four train sets have been planned for procurement from Japan for the Mumbai-Ahmedabad high-speed project, Railway Minister Piyush Goyal said Friday.
The National High Speed Rail Corp Ltd (NHSRCL) is hopeful of acquiring a major chunk of land required for the 508-km-long Mumbai-Ahmedabad Bullet Train project by the end of this year.
The train will outpace China's Fuxing train, which runs at 10 kph slower despite being designed with the same top speed capabilities as the ALFA-X.
Savita Ben who around 71 acres of land in Gujarat's Chansad area handed over 11.94 hectare to the National High Speed Rail Corporation Limited (NHSRCL) at a cost of Rs 30234.30
As India awaits Japanese Bullet Trains with baited breathe, India's very own Chittaranjan Locomotive Works has created fastest indigenious engine yet, which can take trains upto 200km/hr.
Congress president Rahul Gandhi also accused him of playing in the hands of select industrialists.
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