"On the bullet train project, we will be getting an interim study report by the end of the next month. A small report has already been issued by the Railways," he said here.
"On feasibility, we will get a study done by July 2015. That report will cover the commercial, technical and financial study. Some of these topics have already been looked after in the earlier studies. One third studies have already been done," Gowda added.
"We have announced, in our (railway) budget, that the 'Diamond Quadrilateral' connectivity across the metros in the country would be taken up. Mumbai, Ahmedabad stations would be taken up on priority. As of now the total cost of the project will be around Rs 60,000-65,000 crore. We want to do it on PPP (public private partnership) mode," he said.
Gowda further said that his ministry is planning to take up work on a high-speed rail corridor between Ahmedabad and Mumbai, with the train travelling at a top speed of around 150 kmph.
Ahmedabad railway station's renovation project will be taken up by the ministry, while Sabarmati railway station will also be upgraded, the minister said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
