Railways fast-tracks Mumbai-Ahmedabad bullet train project

The Railway Ministry has fast-tracked the Mumbai-Ahmedabad bullet train corridor by setting up a separate company, which will build and operate the NDA government´s ambitious project. The project, to be built on standard gauge, is likely to cost Rs 97,636 crore and is scheduled to be completed within seven years. Japan has agreed to fund 81 per cent of the total project cost (Rs 79,165 crore), while rest of the resources will be pooled by railways and the state governments of Maharashtra and Gujarat. The 505-km-long corridor is likely to be extended to connect Mumbai with Delhi in the future. The railways has already received the inception report for feasibility study of the Delhi-Mumbai high-speed corridor. The corridor is likely to have 12 stations between Mumbai and Sabarmati/Ahmedabad and the tariff will be 1.5 times of first AC fare. Contact: Ministry of Railways. Website: www.indianrailways.gov.in