Blog Entry# 2044054
Posted: Nov 01 2016 (13:12)
Last Response: Nov 01 2016 (13:12)
Other NewsNov 01 2016 (12:32) India may give second high-speed rail contract to Japan - The Economic Times
Jayashree 37362 news posts
NEW DELHI: India is exploring a proposal to award its second highspeed rail contract to Japan and the two sides would work on it during Prime Minister Narendra Modi’s two-day visit to the country starting November 11.
This could be Japan’s second such project in India, just like the first high-speed rail link, which is based on the Shinkansen bullet train train technology and is proposed to connect Mumbai with Ahmedabad, indicated people familiar with the developments.
Sources told ET that Tokyo is likely to fund the project just like the...
Nov 01 2016 (13:12)
For Better Managed Indian Railways~ 1933 blog posts
HST project is very high capital intensive and its intended benefits like 12% economic rate of return are very much based on assumptions rather than proven facts, especially with reference to India. Even the 500km HST line (MUM-AHM) is costing a humongously whopping amount of Rs 1,00,000 Crore Rs. Since this is the first HST project in India, and the experience of super premium train like Gatiman is not very encouraging, it is better to go full throttle and timely (rather before time) implementation of the MUM-AHM project only.
Prosperous and rapidly developing/expanding city of Surat is a trump card in this project because, this almost mega city is not very well connected by air and does not have adequate rail...
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