The sanctioned cost of the Mumbai-Ahmedabad High-Speed Rail (MAHSR) project is Rs. 1,08,000 crore. Till now, 290.64 km of pier foundation, 267.48 km of pier construction, 150.97 km of Girder Casting, and 119 km of Girder launching have been completed. The anticipated timeline and final cost can only be ascertained after the award of all contract packages.
MAHSR project passes through high growth rate States of Gujarat and Maharashtra connecting business centers of Mumbai, Surat, Vadodara, and Ahmedabad. The project’s Economic Internal Rate of Return (EIRR) as per a feasibility study conducted by the Japanese International Cooperation Agency (JICA) was estimated to be 11.8%.
This information was given by the Minister of Railways, Communications and Electronic & Information Technology, Shri Ashwini Vaishnaw in a written reply to a question in Rajya Sabha today.
Mumbai-Ahmedabad High-Speed Rail , MAHSR, Economic Internal Rate of Return, EIRR, Japanese International Cooperation Agency, JICA, Minister of Railways, Communications and Electronic & Information Technology, Ashwini Vaishnaw