Mumbai-Ahmedabad high speed rail study

[bikkuri bahn]

Nothing novel about the findings of this study, but it does give info about the financing of this line which will be provided by Japan.

India and Japan have signed a memorandum of understanding (MoU) to set up a high speed rail (HSR) network costing Rs 97,636 crore, between Mumbai and Ahmedabad, wherein Japan would fund $12 billion (about Rs 78,100 crore, providing for about 80% of the project cost) offering a concessional loan to India with a repayment period of 50 years including a moratorium of 15 years, at an interest rate of 0.1%. This segment for HSR implementation would be based on the Japanese Shinkansen technology.

 

http://www.business-standard.com/article/current-affairs/mumbai-ahmedabad-distance-of-534-km-ideal-for-high-speed-rail-iim-a-study-116041300403_1.html