Business Standard

Sunday, February 16, 2025 | 09:49 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Land acquisition could be a major challenge for bullet train

The land acquisition is expected to be completed within one-and-a-half years

Bullet train
Premium

A major advantage of the bullet train is its 2.58 hour run

Shine Jacob New Delhi
Acquiring 825 hectares of land may become a major hurdle for the completing the Mumbai-Ahmedabad bullet train project by 2022.

Experts said advancing the project’s deadline by a year to August 2022 may not be feasible considering the complex land acquisition process involved. 

Of the Rs 1.10 lakh crore investment required for the project, Japan is providing Rs 88,000 crore as a soft loan at 0.01 per cent interest. However, release of the Japanese funding is linked to land acquisition.

“We are expecting land acquisition to be completed within one-and-a-half years. Japan has provided Rs 6,000 crore as the first tranche of the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in