Mumbai-Ahmedabad train project.

The Mumbai-Ahmedabad high speed train project is expected to cost Rs. 70,000 crore, as per the latest interim estimates given by Japan International Co-operation Agency (JICA). Ajit Panda, General Manager, High Speed Rail Corporation of India (HSRC), said this while speaking at a conference. Earlier, Satish Chandra Agnihotri, Chairman, HSRC, said that the proposed bullet train will not be priced only for premium passengers as is the case in Japan and Europe. The high speed train will have differential pricing with lower priced and higher priced segments.

HBL