Mumbai-Ahmedabad High Speed Rail Project- 508 km

notice to proceed

Information National High Speed Rail Corporation has come up with Mumbai-Ahmedabad High Speed Rail Project- 508 km with a ticket size of 108000 INR Crores. This project in Railway Track sub-sector involves The current status of the project is Notice to Proceed and is being developed through the EPC route. Economic/Social Impact of the Project The project was sanctioned in December, 2015. Memorandum of Cooperation to take up the project was also signed between India and Japan in December, 2015. National High Speed Rail Corporation Limited [NHSRCL], a new SPV was incorporated in February 2016 with 50percentage equity of Central Government [MOR] and 25percentage each of Gujarat and Maharashtra. The project length [508.17 km] traverse through Gujarat [348.15 km in 8 districts], Dadra and Nagar Haveli [4.30 km] and Maharashtra [155.72 km in 3 districts]. The project will bring state of the art technology in passenger transport. It will also create employment opportunities and boost the economic growth.