• search
For Ahmedabad Updates
Allow Notification  

'Mumbai-Ahmedabad high speed rail link in seven years'

By Ians
|

New Delhi, Dec 12: Foreign Secretary S. Jaishankar on Saturday said Mumbai-Ahmedabad high speed rail project will be completed in seven years.

Japan has given a highly concessional loan with repayment period of 50 years and 15 year moratorium. It has an interest rate of 0.1 percent. The project will be executed in a joint venture of the Indian and Japanese companies, Jaishankar said in a media briefing.

 High speed rail link in seven years

The high speed rail will be built using Japan's Shinkansen technology.

Read More: PM Abe begins his address with 'Namaste'

Japanese Prime Minister Shinzo Abe arrived in India on Friday on a three-day sojourn.

IANS

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more