The estimated cost of the Mumbai-Ahmedabad bullet train project is Rs 1,10,000 crore, of which Rs 88,000 crore are being funded by the Japan International Cooperation Agency.
During Abe's tenure, Japan had announced support for a number of major projects. These included the bullet train project between Mumbai and Ahmedabad, besides allocations for a freight corridor between Mumbai and New Delhi.
The Mumbai Metro Rail Corporation Limited (MMRCL) on Tuesday launched the trial run of the Colaba-Bandra-SEEPZ Metro line-3 at Sariput Nagar in Aarey Colony in Mumbai.
'You need to have enough funds to maintain the primacy of public transport and it should not suffer because of lack of funds.'
Construction is supposed to begin in 2017, with completion slated for 2023.
In an important decision, the new government in Maharashtra on Thursday announced lifting of the stay on the construction of Mumbai Metro-3 car shed at the controversial site in the Aarey Colony, a green belt in the city's western suburbs.
This alternative is being planned as the existing projects continue to be delayed due to land acquisition troubles. The ministry is thinking of adding new track lines to its existing eastern and western DFCs passing major areas in the proposed stretches, senior officials said.
The India-Japan global partnership is based on shared democratic values and respect for the rule of law and promotes peace and stability in the Indo-Pacific, Prime Minister Narendra Modi said on Monday after holding wide-ranging talks with his Japanese counterpart Fumio Kishida.
The Bihar government has decided to develop the road connecting Bodh Gaya to Patna into a four-lane express highway with funding from the Japan International Cooperation Agency, officials said on Saturday. "The proposed project of widening of the 110-km stretch between Bodh Gaya to Patna and developing it as a four lane express highway is ready and work will begin soon," said an official in the Chief Minister's Office. At present, the road only has two lanes.
India and Japan on Monday signed seven agreements under which the East Asian economic giant would provide loans worth a total of Rs 8,632 crore (Rs 86.32 billion) for various projects, including the Bangalore Metro Rail Project.
Govt has already approached World Bank seeking termination of contract. The progress of the project was just 20 per cent though the contract was awarded in 2016.
The project will be in three stages and sources indicate that the funding will be for the first stage of 107 kilometre from Sarai Kale Khan to SNB Urban Complex.
L&T, Ircon International and Tata Projects have showed interest in a tender issued by the National High Speed Rail Corporation, implementing agency for the project. The tender is for construction of stations, bridges, viaducts, maintenance depots and tunnels.
Apart from land acquisition, another major cause for concern before the project is cost escalation owing to a fall in the rupee against the Japanese yen.
Digambar Kamat has been summoned by the Crime Branch to appear before it on Wednesday in connection with the case.
Bullet trains are run by state-owned agencies in France and Germany.
In line with Prime Minister Narendra Modi's vision to introduce bullet trains in the country, a team of Railway officials will visit Beijing on November 24 to take forward the Delhi-Chennai high-speed corridor project, the longest in India.
Goa Police on Thursday conducted searches at the residence of former Chief Minister Digambar Kamat and in other places in the state in connection with the Louis Berger bribery case.
Former Goa chief minister Digambar Kamat has now been charged with disappearance of evidence in Louis Berger bribery case in addition to various sections of Prevention of Corruption of Act and IPC.
Feasibility study is being sought for high-speed rail corridors.
The cost of railway linking Mumbai and Ahmedabad is between $12.2 bn to $13.9 bn.
Police on Thursday filed chargesheet in the Louis Berger pay-off scandal naming former Goa chief minister Kamat as the "prime conspirator".
The Western Railway is awaiting clearance from the Commissioner of Railway Safety, for running trains on this high-speed corridor at 130 kmph which will help cut down travel time by atleast 30 minutes.
Thackeray said not a single tree leaf will be cut till further developments.
Goa's former Chief Minister Digambar Kamat was asked to furnish a surety of Rs 1 lakh.
It will also provide support to the government for finalising the financial and implementation models.
The 190-km railway line will be between Dadri in Uttar Pradesh and Phulera in Rajasthan, which fall under the Western Dedicated Freight Corridor
The jump can be attributed to increased assistance through soft loan.
With the Japanese government taking a lead in funding the megapolis' many signature infrastructure projects, the World Bank has evinced interest in funding the proposed Charkop-Dahisar and Wadala-Teen Hath Naka Metro projects.
Japan will offer more than $8.11 billion in loans to construct India's high speed rail network.
To facilitate foreign direct investment (FDI) in high- speed rail projects, the government is likely to allow private sector entry in operations.
Everything you wanted to know about the Mumbai-Ahmedabad bullet train but didn't know who to ask.
Officials said the World Bank, Japan International Cooperation Agency and Asian Development Bank had evinced interest in the project.
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Despite being cheaper, the Chinese technology is not the preferred option.
The first train of the Chennai Metro Rail chugged off from Alandur Station in Chennai on Monday.
However, survey by Japanese firm shows India as most preferred Asian market for Japanese investors.
The double-line pilot section will be commissioned with an investment of Rs 1,000 crore.
Six others, including the then PWD minister Churchill Alemao, were also listed in the charge sheet in the scam in which the US firm has been charged with bribing Indian officials to win two water developmental projects in Goa and Guwahati.
Money to come only after Delhi improves biz environment & fast-tracks work.
Former Public Works Department Minister Churchill Alemao has been arrested in connection with the Louis Berger bribery case by Goa police which is closing in on former chief minister Digambar Kamat and preparing to oppose his anticipatory bail plea.
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