India’s bullet train project cost set to almost double to nearly Rs 2 lakh crore
The first stretch of the Mumbai-Ahmedabad bullet train project is expected to open on August 15, 2027
Shahibaug three-way underpass in Ahmedabad to remain closed for five days from January 23 for bullet train construction work. (File photo) The cost of the Mumbai-Ahmedabad High-Speed Rail project has almost doubled to Rs 1.98 lakh crore, Satish Kumar, Chairman and Chief Executive Officer of the Railway Board under the Ministry of Railways, said.
“For the NHSRCL high-speed project, I just wanted to mention that while the final sanction of the second revised estimate is yet to be done, approximately it would be around Rs 1.98 lakh crore,” Kumar said in a briefing on Friday marking the 50th meeting of the Pro-Active Governance and Timely Implementation, or PRAGATI, framework.
Kumar added that the amount is still under revision and had to still be “finally approved” by the Cabinet. “(it will be approved) shortly within a month or two,” he said in response to a question on whether there was a cost over-run for the project.
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