Prime Minister Narendra Modi has instructed the officials and the Railway ministry to meet the stiff deadlines of India’s first bullet train project. PMO at the PRAGATI session instructed all officials to monitor its progress very closely and report each and every development to it.
The 508-kilometer long Mumbai-Ahmedabad bullet train project is one of the most ambitious projects of Prime Minister Narendra Modi. The project will connect Mumbai-Ahmedabad after crossing about 300 villages in the two states. The Indian Railways project would be built on standard gauge at an investment of around Rs 1.1 trillion, out of which Japan is giving a soft loan of around Rs 88,000 crore at an interest rate of 0.1%, to be repaid in 50 years with a 15-year grace period.
Under the project, there would be 12 stations between Mumbai and Ahmedabad. These are: Mumbai, Thane, Virar, Boisar, Vapi, Bilimora, Surat, Bharuch, Vadodara, Anand, Ahmedabad and Sabarmati. The train speed is likely to be around 320 km per hour. Read More