India, Japan sign pact for Shinkansen High Speed Rail connecting Mumbai and Ahmedabad
December 12, 2015
New Delhi
India and Japan today signed an agreement for Shinkansen high speed train in India with TOT and Make in India component.
High Speed rail on Mumbai-Ahmedabad sector through Japan’s Shinkansen will launch an evolution in Indian railways said Prime Minister Shri Narendra Modi.
No less historic is decision to introduce High Speed Rail on Mumbai-Ahmedabad sector through Shinkansen known for speed and reliability, he added.
Prime Minister of Japan Shri Shinzo Abe said Shinkansen High Speed Rail project is befitting the dawn of a new era of India-Japan economic relationship. He said he hopes to see more high speed trains in India.
Prime Minister Modi welcomed the japanese ODA loans of about 100 billion yen for the metro projects both in Chennai and in Ahmedabad.
Prime Minister Abe expressed Japan’s intention to provide ODA loans for the improvement of road network connectivity in bortheastern states of Indi, the peripheral ring road surrounding Bengaluru, and the horticulture irrigation in Jharkhand.
Prime Minister Modi welcomed ongoing surveys regarding Mumbai Trans Harbour Link and the modernisation of ship recycling yards in Gujarat, and an expected survey for Tuticorin Outer Harbour.
The two Prime Ministers welcomed the signing of the Memorandum of Cooperation on introduction of Japan’s High Speed Railways (HSR) technologies ( the Shinkansen system) to Mumbai-Ahmedabad route. Prime minister Modi appreciated Japan’s consideration of providing highly concessional yen loan for the HSR on Mumbai-Ahmedabad route. Both sides will explore further strengthening of their partnership in high speed railways, which is a high technology area having potentiality to transform India’s transportation sector.
– DeshGujarat
Related Stories
Narendra Modi, Shinzo Abe attend Ganga Aarti at Varanasi
India and Japan sign key defence agreements
India to get Mumbai-Ahmedabad bullet train, inks Rs 98000-crore project with Japan
India, Japan seal agreement for civil nuclear cooperation
Indo-Japan summit: pacts on bullet train, defence, nuke energy
Recent Stories
- Drunk man removed from Ahmedabad - bound flight
- Ethiopian expands freighter network in India; adds Ahmedabad as latest destination
- Strong winds, rain in Ahmedabad amid IMD forecast in Gujarat
- State govt, State BJP leaders, MLAs from Amreli stay away from Dilip Sanghani's show of strength function
- 25-vehicle convoy of BJP workers leaves from Surat to campaign in UP
- 4.50 lakh apply for PSI recruitment, 9.83 lakh for LRD: IPS Hasmukh Patel
- Teething problems related to Smart meters; People gather at Akota based MGVCL office