Mumbai-Ahmedabad Bullet train: Rs13,483 cr spent till June, final location survey completed, more than two-third land acquired—DEVELOPMENT SO FAR
Mumbai-Ahmedabad Bullet train: As far as land acquisition is concerned, Out of total land requirement of approx. 1396 ha, consent agreement signed/regular award done for approx. 1046 ha land
In a big development related to Mumbai-Ahmedabad Bullet train, the Ministry of Railways has confirmed that statutory clearances relating to wildlife, Coastal Regulation Zone (CRZ) and Forest clearance has been obtained from the respective authorities concerned.
See Zee Business Live TV Streaming Below:
"The Final Location Survey and Geotechnical investigation has also been completed, while the alignment has been finalised too. Total cost incurred on the Mumbai-Ahmedabad High Speed Rail (MAHSR Project) up to June 2021 is approximately Rs.13,483 crore, mainly on land acquisition, utility shifting and contractual payments. The project has suffered delays due to adverse impact of COVID-19 pandemic and slow progress in handling over of land in the State of Maharashtra," said Ashwini Vaishnaw, the Minister of Railways, Communications and Electronics & Information Technology, in a written reply to a question in Rajya Sabha on Friday.
At present, Mumbai-Ahmedabad High Speed Rail (MAHSR) project is the only sanctioned project of High Speed Rail (HSR) in the country which is under execution with the financial and technical assistance from Government of Japan. A Special Purpose Vehicle (SPV), namely National High Speed Rail Corporation Limited (NHSRCL) has been formed to implement the Project.
The current status of Mumbai-Ahmedabad High Speed Rail (MAHSR) project is as under:-
Mumbai-Ahmedabad Bullet train Project: Development so far
*The Final Location Survey and Geotechnical investigation completed. Alignment finalized.
*Statutory Clearances relating to wildlife, Coastal Regulation Zone (CRZ) and Forest clearance obtained.
*Out of total land requirement of approx. 1396 ha, consent agreement signed/regular award done for approx. 1046 ha land.
*1342 out of 1651 utilities shifted.
*The entire project work has been divided into 27 Contract Packages, including Training Institute at Vadodara. At present, 7 packages have been awarded and 10 more have been invited.
Further, Ministry of Railways has assigned the work for survey and preparation of Detailed Project Report (DPR) for the seven High Speed Rail (HSR) corridors to National High Speed Rail Corporation Limited (NHSRCL) which include Chennai-Bangalore-Mysore and Mumbai-Pune-Hyderabad routes of South India and the same is under progress.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.