Maharashtra Allocates Rs 125 Crore As First Instalment For 508.17 km Long Bullet Train Project Between Mumbai & Ahmedabad

Maharashtra Allocates Rs 125 Crore As First Instalment For 508.17 km Long Bullet Train Project Between Mumbai & Ahmedabad

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Date Of Post: 23 Feb, 2018

Mumbai: The state government has allocated Rs 125 crore as first instalment for the 508.17km long bullet train project between Mumbai & Ahmedabad. The Maharashtra & the Gujarat governments each have 25% stake and the railway department has 50% stake in the project.

More Information:

  • A SPV (Special Purpose Vehicle) company has been established for this project in New Delhi.
  • The estimated cost of the project Rs 1.1 lakh crore wherein both the state governments will contribute Rs 5,000 crore each and the railways will contribute Rs 10,000 crore.
  • The remaining funds for the project will be raised through loans.
  • Of the 508.17km, 155.642 km of the proposed alignment falls in Maharastra, 350.530 km in Gujarat and 2 km in Union Territory of Dadra and Nagar Haveli.
  • The High Speed Corridor of Mumbai-Ahmedabad has been proposed with 12 Stations-
  1. Mumbai
  2. Thane
  3. Virar
  4. Boisar
  5. Vapi
  6. Bilimora
  7. Surat
  8. Bharuch
  9. Vadodara
  10. Anand/Nadia
  11. Ahmedabad
  12. Sabarmati

    Image Credit: Nanashinodensyaku – Wikimedia Commons

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