comScore
Active Stocks
Tue Dec 05 2023 15:23:27
  1. Power Grid Corporation Of India share price
  2. 222.45 4.49%
  1. Tata Steel share price
  2. 131.55 0.46%
  1. NTPC share price
  2. 285 3.71%
  1. State Bank Of India share price
  2. 608.3 2.3%
  1. ICICI Bank share price
  2. 1,011.65 2.12%
Business News/ News / India/  Ahmedabad-Mumbai bullet train project: Railways share progress report
Back Back

Ahmedabad-Mumbai bullet train project: Railways share progress report

Ahmedabad-Mumbai bullet train: The train will be run between Ahmedabad and Mumbai on a high speed rail corridor at a speed of 320 kmph

According to a report in PTI, the total cost of the project is ₹1.08 lakh crore. (Reuters)Premium
According to a report in PTI, the total cost of the project is 1.08 lakh crore. (Reuters)

The Ministry of Railways has shared the current status of Mumbai-Ahmedabad High Speed Rail (MAHSR) Project on its Twitter handle.

Bullet train Progress Report

Land Acquisition Status

1) Gujarat: 98.8%

2) DNH: 100%

3) Maharashtra: 75.25%

Progress of Works

1) 162 km of Piling work completed

2) 79.2 km Pier work completed

3) Passenger Terminal Hub at Sabarmati is nearing completion.

The 508.17-kilometre long network will pass through Mumbai, Thane, and Palghar in Maharashtra, and Valsad, Navsari, Surat, Bharuch, Vadodara, Anand, Kheda, and Ahmedabad in Gujarat.

"The execution of Mumbai-Ahmedabad high-speed rail (MAHSR) has been delayed especially due to delay in land acquisition in the state of Maharashtra and consequent delays in the finalisation of contracts as well as the adverse impact of COVID-19," Union Railways Minister Ashwini Vaishnaw had said in his written reply to a question in Lok Sabha in March.

Ahmedabad-Mumbai bullet train speed

The bullet train will be run between Ahmedabad and Mumbai on a high speed rail corridor at a speed of 320 kmph. The train is expected to reduce the travel time between the two cities to about three hours from the current six hours. 

Ahmedabad-Mumbai bullet train project total cost

According to a report in PTI, the total cost of the project is 1.08 lakh crore and as per the shareholding pattern, the central government is to pay 10,000 crore to the NHSRCL, while the two states involved - Gujarat and Maharashtra - are to pay 5,000 crore each. The rest is to be paid by Japan through a loan at 0.1 per cent interest. 

Milestone Alert!
Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more.

Catch all the Elections News, Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Updated: 17 Aug 2022, 07:00 AM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App