'Mumbai-Ahmedabad high speed rail link in seven years'
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.
The high speed rail will be built using Japan's Shinkansen technology.
PM Abe begins his address with 'Namaste'
Japanese Prime Minister Shinzo Abe arrived in India on Friday on a three-day sojourn.
IANS
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