PM Modi, Shinzo Abe to lay foundation stone of bullet train on Thursday
NEW DELHI: Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe will lay the foundation stone for the India's first bullet train project connecting Ahmedabad to Mumbai on Thursday.
The high speed train, with 10 cars and capacity to accommodate 750 people, is expected to reduce travel time between the two cities from seven to three hours. Later, the train will have 16 cars which will accommodate 1,200 people.
Around Rs 1.10 lac crore will be spent on the project of which Rs 88,000 crore will be funded by a soft loan from Japan.
The completion deadline of December 2023 may be brought forward to August 2022 when the country celebrates 75 years of independence.
The Japanese loan will be available at 0.1% interest rate and India will be able to repay this in 50 years. Repayment will begin 15 years after the loan is received.
The Mumbai-Ahmedabad bullet train, running at an operating speed of 320 kmph and maximum speed of 350 kmph, will pass through 12 stations — Bandra Kurla Complex, Thane, Virar, Boisar, Vapi, Bilimora, Surat, Bharuch, Vadodara, Anand, Ahmedabad and Sabarmati.
Of the 508 km corridor, 468km will be elevated, 27 km will pass through an undersea tunnel and the remaining 13 km will be the ground.
Though the fare structure is yet to be finalised, it could be 1.5 times the existing AC first class fare. For travel from Mumbai to Ahmedabad, a passenger will have to pay between Rs 2,700 and Rs 3,000. The airplane fare on this route is between Rs 3,500 and Rs 4,000. An official said luxury bus fares from Mumbai to Ahmedabad were around Rs 1,500 to Rs 2,000.
K.v.-13 hours ago
those who oppose bullet train are free to travel by passenger train or even on bullock cart. kayvee
Dr Vidyadhar-Bangalore-14 hours ago
It is our dream to have bullet train and Japan is providing soft loan, thanks to Modis diplomacy.
Modi not only know how to dream big about Indias needs, but also know how to fulfill it, by having good friends around.
Md-14 hours ago
Congress never bothered or even thought of a possibility for bringing bullet trains in india. New government still trying to compete with global standards though everyone knows we have challenges. however try is better than cry! thanx bjp.
Rabin Banerjee-13 hours ago
Bullet train is our immediate desire
Ujwal-14 hours ago
This is really great
Pranay-13 hours ago
Why bullet train is to be started from Ahmedabad as because it's PMs home city? Was it very necessary to have bullet train from Ahmedabad to Mumbai by spending $19 billion by a poor country like India? In that stead, thousands of kilo meters of existing railway tracks could be improved and avoided killing of hundreds of citizens every year ritually!!