Today's Cancelled Trains
India’s High Speed Rail gets a Big Push with
Japan’s Financial, Technical & Ops support
New Delhi: With Japan committing to fund bullet
trains, the dream of running high-speed trains on Indian tracks is now a step
closer.
PM Narendra Modi’s dream project got a big push
after Japan expressed readiness to provide financial, technical and operational
support to introduce bullet trains in India in a joint statement.
The first high-speed train is expected to run
between Ahmedabad and Mumbai at an estimated cost of around Rs 60,000-70,000
crores.
As Japan is a pioneer in running superfast trains,
the agreement is expected to help Modi achieve his dream of a bullet train for
India running at a maximum of 300 km per hour.
“Lauding PM Modi’s vision for development of world
class infrastructure in India, including high-speed railway system, PM Abe expressed
his hope that India could introduce Shinkansen system for the Ahmedabad-Mumbai
route,” said the statement.
Railways officials associated with the ambitious
project were enthused at the developments. “This is a very positive statement.
Japan agreed to provide financial, technical and operation support,” said a
senior official.
An official said the joint statement paves the way
for sorting out funding and technology issues related to the construction of
the high-speed Ahmedabad-Mumbai corridor. The railways is insisting on a
technology transfer to provide for indigenous manufacture of rolling stock
(coaches, wagons, etc) and high-speed technology.
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