Estimated to cost about Rs 97,636 crore, 81% of the funding for the project will come by way of the loan from Japan
This is the second meeting of the joint committee set up to execute the bullet train project, according to railway ministry
Total journey time of the fast train will be 2.07 hours and of trains stopping at each station will be 2.58 hours
The meeting will consider both the technical and financial aspects of the project.
Estimated to cost about Rs 97,636 crore, 81% of the funding for the project will come by way of a loan from Japan
The 508 km long Mumbai-Ahmedabad high speed rail corridor will have a 21 km long tunnel under the sea.
Japan has offered a concessional loan of Rs 97,636 crore to fund about 80 per cent of the bullet train project between Ahmedabad and Mumbai with a repayment period of 50 years beginning from the 16th year of operation
The total distance covered by the train will be 534 kilometres
Talgo's Series 9 locomotive to cut Delhi-Mumbai travel time to 12 hours
The MMRDA had selected BKC for its proposed International Finance Centre
He said the Railways should concentrate on betterment of the existing facilities at the outset