The Mumbai-Ahmedabad High-Speed Rail (MAHSR) project, also known as Bullet Train Project will be completed by 2023, Railway Minister Mr. Piyush Goyal said in the Rajya Sabha. The bullet train project that spans across 508 kilometres, has been sanctioned by the Government, he said in a written reply.
- He said that this project is being executed by a special purpose vehicle namely National High-Speed Rail Corporation Limited (NHSRCL), with the financial and technical assistance from the Government of Japan.
- The total estimated cost of the project is Rs. 1,08,000 crore.
- So far, the expenditure of Rs. 3226.8 crore has been incurred on the project up to June 2019, he said in his statement.
- Asked when the government will expand the bullet train network all over the country, Mr Goyal said, “Bullet Train or High-Speed Rail Projects are highly capital and technology-intensive, and therefore, their proposals for other sections are subject to technical feasibility, financial and economic viability and availability of funding”.
- The NHSRCL is implementing the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor project.
- The total length of proposed High Speed Rail Corridor works out to be 508.17km.
- Out of 508.17km, 155.642 km of the proposed alignment falls in Maharashtra, 350.530 km in Gujarat and 2 km in UT of Dadra and Nagar Haveli.
- The High Speed Rail Corridor has been proposed with 12 Stations i.e. Mumbai, Thane, Virar, Boisar, Vapi, Bilimora, Surat, Bharuch, Vadodara, Anand/Nadia, Ahmedabad and Sabarmati.
- The operating speed of the bullet train would be 320 kmph and the maximum speed would be 350 kmph.
- 24 train sets have been planned for procurement from Japan for the Mumbai-Ahmedabad High-Speed Rail (MAHSR) project.
- The estimated cost of the Bullet Train project is Rs. 1,08,000 crore.
- Of the total cost, 81% price will be funded through a loan from the Japan International Cooperation Agency (JICA).
- The project is targeted to be completed by 2023.