Mumbai–Ahmedabad high-speed rail corridor high speed rail corridor would be completed in six years. Its fare would be less than airfare, Railway Minister Suresh Prabhu said on Tuesday in Lok Sabha during Question Hour.
The cost of bullet-train project is estimated to about Rs. 98,000 crore. The distance of 508 kilometres between Mumbai and Ahmedabad, would be completed in two hours time.
Last year, during Japenese Prime Minister Shinzo Abe’s visit to India, it was announced that Japan will provide $12 billion soft loan to build India’s first bullet train. The deal involved building a high-speed train line between Mumbai and Ahmedabad.
During the Lok Sabha session, Prabhu further added that the Indian railways have identified nine-corridors of feasibility of semi-high speed rail. These routes include: Delhi-Chandigarh, Chennai-Bengaluru-Mysore, Delhi-Kanpur, Nagpur-Bilaspur, Mumbai-Goa, Mumbai-Ahmedabad, Chennai-Hyderabad and Nagpur-Secunderabd.