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bikkuri bahn

Mumbai-Ahmedabad high speed rail study

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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.



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