Expenditure Estimated on Mumbai-Ahmedabad High Speed Corridor is Approx. Rs. 63,000 crore

For introduction of High Speed trains on Mumbai-Ahmedabad sector, two studies - one a joint feasibility study, co-financed by India and Japan and another a business development study by French Railways (SNCF) have been undertaken.
Feasibility study for semi-High speed (upto 200 kmph) between Mumbai-Delhi and Mumbai-Ahmedabad was conducted by Japan International Cooperation Agency (JICA) and report submitted in March, 2014.
Expenditure estimated on Mumbai-Ahmedabad High Speed Corridor is approximately Rs. 63,000 crore.
The High Speed Rail project will have to be taken up through an appropriate mix of Government support, multilateral/bilateral funding and by alternative means of resource mobilization, including Public-Private Partnership (PPP).
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First Published: Jul 18 2014 | 12:13 PM IST
