The Mumbai-Ahmedabad high-speed rail corridor is a proposed high-speed rail line connecting the cities of Ahmedabad, Gujarat and India's economic hub Mumbai, Maharashtra. It will be India's first high-speed rail line.
The construction of the corridor began on 14 September 2017 as scheduled and end by August 2022. The bullet train is scheduled to leave for its first run on 15 August, 2022.
The project is estimated to cost ₹1.1 lakh crore (US$17 billion).[33] The cost includes interest during construction and import duties.[34] JICA agreed to fund 81% of the total project cost ₹88,087 crore (US$14 billion), through a 50-year loan at an interest rate of 0.1%. Railways To Invest Rs 9,800 Crore In Mumbai-Ahmedabad Bullet Train Project and the remaining cost will be borne by the state governments of Maharashtra and Gujarat. 20% of the components used on the corridor will be supplied by Japan, and manufactured in India.
Most of the line will be constructed on an elevated corridor to avoid land acquisitions and the need to build underpasses. It will also enhance safety by eliminating the need for level crossings. The decision to construct an elevated line raised the cost for the project by an additional ₹10,000 crore (US$1.6 billion),
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The construction of the corridor began on 14 September 2017 as scheduled and end by August 2022. The bullet train is scheduled to leave for its first run on 15 August, 2022.
The project is estimated to cost ₹1.1 lakh crore (US$17 billion).[33] The cost includes interest during construction and import duties.[34] JICA agreed to fund 81% of the total project cost ₹88,087 crore (US$14 billion), through a 50-year loan at an interest rate of 0.1%. Railways To Invest Rs 9,800 Crore In Mumbai-Ahmedabad Bullet Train Project and the remaining cost will be borne by the state governments of Maharashtra and Gujarat. 20% of the components used on the corridor will be supplied by Japan, and manufactured in India.
Most of the line will be constructed on an elevated corridor to avoid land acquisitions and the need to build underpasses. It will also enhance safety by eliminating the need for level crossings. The decision to construct an elevated line raised the cost for the project by an additional ₹10,000 crore (US$1.6 billion),
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