The bullet train is estimated to cost about Rs 97,636 crore. (Representational Image)
New Delhi:
Plans for a bullet train between Mumbai and Ahmedabad have sped up after a dispute over the starting point for the route was resolved over the weekend.
The bullet train will start underground from the Bandra-Kurla Complex in Mumbai and travel 21 km through a tunnel in the sea before emerging over ground at Thane.
But the authority that controls the land where the first station was planned had objected to handing it over; the Mumbai Metropolitan Region Development Authority said it wanted the same area to be used for a financial services centre.
However, the Railways Ministry has managed a winning formula: an underground station for the bullet train with the financial services building above it.
The bullet train will reduce the journey between Ahmedabad and Mumbai to two hours from seven; there are a total of 12 stations on the 508-km route - four of which are in Maharashtra and eight in Gujarat.
The bullet train is estimated to cost about Rs 97,636 crore; about 80 per cent of the funding for the project will be provided by a loan from Japan.
Currently, a survey is being conducted to determine the exact location for the pillars for the super-fast train track.
Construction of the corridor is expected to start in 2018 and is estimated to be completed by 2023.
With Inputs from PTI
The bullet train will start underground from the Bandra-Kurla Complex in Mumbai and travel 21 km through a tunnel in the sea before emerging over ground at Thane.
But the authority that controls the land where the first station was planned had objected to handing it over; the Mumbai Metropolitan Region Development Authority said it wanted the same area to be used for a financial services centre.
However, the Railways Ministry has managed a winning formula: an underground station for the bullet train with the financial services building above it.
The bullet train will reduce the journey between Ahmedabad and Mumbai to two hours from seven; there are a total of 12 stations on the 508-km route - four of which are in Maharashtra and eight in Gujarat.
The bullet train is estimated to cost about Rs 97,636 crore; about 80 per cent of the funding for the project will be provided by a loan from Japan.
Currently, a survey is being conducted to determine the exact location for the pillars for the super-fast train track.
Construction of the corridor is expected to start in 2018 and is estimated to be completed by 2023.
With Inputs from PTI
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