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Watch: Inside the cockpit of Japanese bullet train | Running at top speed | Shinkansen
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India will purchase 18 bullet train sets from Japan at a total cost of about Rs 7,000 crore in a deal that includes a pledge to transfer technology for local production, an official said.
The country’s first bullet train is likely to start running between Mumbai and Ahmedabad by the end of 2022. The 508-km, high speed train corridor is being built with Japanese assistance.
The bullet train corridor will have sound baffles along the route that will have 12 stations, with about 350 km of it in Gujarat and 150 km in Maharashtra. The government has already started getting funds from the Japanese International Cooperation Agency, which is providing a soft loan of Rs 88,000 crore for the project over 50 years at an annual interest rate of 0.1%. Repayments will start after a moratorium of 15 years from the date the loan was released.
The country’s first bullet train is likely to start running between Mumbai and Ahmedabad by the end of 2022. The 508-km, high speed train corridor is being built with Japanese assistance.
The bullet train corridor will have sound baffles along the route that will have 12 stations, with about 350 km of it in Gujarat and 150 km in Maharashtra. The government has already started getting funds from the Japanese International Cooperation Agency, which is providing a soft loan of Rs 88,000 crore for the project over 50 years at an annual interest rate of 0.1%. Repayments will start after a moratorium of 15 years from the date the loan was released.