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    Gujarat signs Rs 77k-crore MoU for bullet train

    Synopsis

    Passengers will get the thrill of riding under the sea during as this first bullet train of the country will have a a 21-km tunnel under the sea.

    ET Bureau
    GANDHINAGAR: Gujarat government on Thursday signed a Rs 77,000-crore MoU with the Railways for the upcoming Mumbai Ahmedabad Bullet train project.

    The state would get 70% of the Rs 1.10 lakh crore high-speed Bullet train project, a state government official said. The agreement was signed between Gujarat government and the High Speed Rail Corporation.

    “Under this agreement, Rs 77,000 crore will be invested in Gujarat for the Bullet train project. We have signed an MoU in this regard with the Ministry of Railways,“ Rupani told reporters here.

    The high speed Bullet train will cover 508 km between Mumbai and Ahmedabad in two hours, running at a maximum speed of 350 kmph and operating speed of 320 kmph. The project is expected to be completed by the 2023.

    Passengers will get the thrill of riding under the sea during as this first bullet train of the country will have a a 21-km tunnel under the sea.

    According to the detailed project report proposed by Japanese International Corporation Agency (JICA), while most part of the corridor is proposed to be on the elevated track, there will be a stretch after Thane creek towards Virar, which will run under the sea.

    Rolling stock and other equipment like signalling and power system will be imported from Japan as per the loan agreement.

    Railways has already allotted Rs 200 crore for the SPV in which Maharashtra and Gujarat will have equity of 25% each and the Indian Railways will have 50%. “Another MoU was signed to set up a training centre at Gandhinagar to impart training to engineers and employees associated with the Bullet train project,“ the release said. Third MoU was signed between the state government and Railways to set up a container depot in Rajkot.


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